Key Developments: CME Group Inc (CME.OQ)
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Latest Key Developments (Source: Significant Developments)
CME Group Inc Updates On New Issue Of Securities
CME Group Inc updated on the private placement of up to 40,110,000 new ordinary shares of MYR0.10 each in CME, representing up to 10% of the issued and paid-up share capital of cme at an issue price of MYR0.10 per placement share. The Company has fixed the issue price for the placement of 36,000,000 new CME Shares being the second and final tranche of the Private Placement at MYR0.10 per Placement Share. The Issue Price represents a premium of approximately 53.85% to the five-day volume weighted average market price of CME Shares up to and including June 18, 2013, being the market day immediately preceding to the Price-fixing Date, of MYR0.065 per CME Share. Full Article
CME Group Inc Hires Firms To Explore Sale Of NYMEX Building-Reuters
Reuters reported that CME Group Inc has hired firms to explore the sale of the New York Mercantile Exchange building, home to its energy trading floor. The Company said in a statement that it will continue to operate the trading floor regardless of whether the 16 story building is sold. The terms of the transaction were not disclosed. Full Article
CME Group Inc Declares Quarterly Dividend
CME Group Inc announced that the Company has declared a second-quarter dividend of $0.45 per share, payable June 25, 2013, to shareholders of record as of June 10, 2013. Full Article
U.S. Watchdog Charges CME Group Inc Over Client Data Breaches-Reuters
Reuters reported that The top U.S. derivatives regulator sought to fine the CME Group Inc and ban two former employees for life for leaking client data in a crackdown on the futures exchange. William Byrnes and Christopher Curtin, had disclosed information about trading and customers to a commodity broker on frequent occasions over a period of 2.6 years, the Commodity Futures Trading Commission (CFTC) said. Full Article
CME Group Inc Declares Quarterly Dividend
CME Group Inc announced that it declared a first-quarter dividend of $0.45 per share, payable March 25, 2013, to shareholders of record March 8, 2013. Full Article
CME Group Inc Declares Annual Variable Dividend of $1.30 Per Share
CME Group Inc announced that it declared its annual variable dividend, amounting to $1.30 per share. The dividend is payable December 28, 2012, to shareholders of record December 17, 2012. Full Article
CME Group Inc Withdraws Complaint Against U.S. Regulator-Reuters
Reuters reported that CME Group Inc pulled its lawsuit against the Commodity Futures Trading Commission after the U.S. regulator withdrew rules that would have stopped CME from warehousing data generated by its swaps clearing business. New CFTC rules require contracts in the opaque $650 trillion swaps market to be reported to a data repository to remedy a lack of transparency in the swaps market that critics say exacerbated the global financial crisis in 2008. The CFTC, which regulates over-the-counter swaps, had issued guidance banning a clearinghouse operator from requiring customers to use its captive swap data repository. CME sued to block those rules on Nov. 8, saying they contradicted other rules written under the Dodd-Frank financial reform law. The law requires standard swaps to be traded on regulated platforms and routed through clearinghouses, which stand between parties to guarantee their trades. the CFTC withdrew its ban and said it would seek public comment on a CME rule that would require traders clearing swaps at CME's clearinghouse to report data on those swaps to CME's own swap data repository. Full Article
CME Group Inc Sues To Freeze CFTC Swap Reporting Rules-Reuters
Reuters reported that CME Group Inc has asked a U.S. court on November 8, 2012 to prevent the chief U.S. derivatives regulator from enforcing swap reporting rules passed after the 2008 financial crisis. The lawsuit filed in federal court in Washington D.C. is against the Commodity Futures Trading Commission (CFTC). In the lawsuit, CME asks that a judge issue an injunction to prevent the CFTC from enforcing the rules against the exchange when they come into effect for it on November 13, 2012. A CFTC spokesman declined to comment on the lawsuit. Full Article
CME Group Inc Declares Quarterly Dividend
CME Group Inc announced fourth-quarter dividend of $0.45 per share, payable December 26, 2012, to shareholders of record December 10, 2012. Full Article
CME Group Inc Announces To Acquire Kansas City Board Of Trade
CME Group Inc announced that they have signed a definitive agreement to acquire the Kansas City Board of Trade (KCBT). Under the terms of the transaction, CME Group will pay $126 million in cash for KCBT. In addition, KCBT will make a special distribution of excess cash to members concurrent with closing. CME Group has committed to maintain a committee made up of KCBT market participants to advise on HRW wheat contract terms and conditions for at least three years, and to maintain the historic KCBT trading floor in Kansas City for a period of at least six months. Full Article
CME Group's former chief in talks to become OCC chairman -source
July 31 - Craig Donohue, former chief executive officer for CME Group Inc, is in talks to become executive chairman of OCC, the world's largest clearing organization for options, a source with direct knowledge of the matter said on Wednesday.

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