Key Developments: CME Group Inc (CME.O)
64.32USD
21 May 2013
$-0.94 (-1.44%)
$65.17
$64.95
$65.20
$64.25
1,758,197
1,692,074
$65.74
$49.54
Latest Key Developments (Source: Significant Developments)
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 Inc Prices $750 Million Aggregate Principal Amount of Notes
CME Group Inc announced it priced an underwritten public offering of $750 million aggregate principal amount of 3.00% notes due Sept. 15, 2022. The offering is being made under CME Group's existing shelf registration statement and is expected to close on Sept. 10, 2012, subject to customary closing conditions. CME Group intends to use the net proceeds from the offering, together with cash on hand, to retire at maturity its outstanding 5.40% notes due August 2013. Although CME Group does not currently anticipate doing so, it may use some or all of the net proceeds from the offering for other, general corporate purposes. Bookrunners for the transaction include Barclays Capital Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, UBS Securities LLC, BMO Capital Markets Corp., Citigroup Global Markets Inc., Lloyds Securities Inc., Mitsubishi UFJ Securities (USA), Inc. and Wells Fargo Securities, LLC. Barclays Capital Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and UBS Securities LLC are acting as representatives of the underwriters. Full Article
CME Group Inc Declares Quarterly Dividend
CME Group Inc announced that the Company has declared a third-quarter dividend of $0.45 per share, payable September 25, 2012, to shareholders of record September 10, 2012. Full Article
The McGraw-Hill Companies, Inc.'s S&P Capital IQ Completes Acquisition Of Credit Market Analysis Limited From CME Group Inc.
S&P Capital IQ, a business line of The McGraw-Hill Companies announced the completion of acquisition of London-based Credit Market Analysis Limited (CMA) from CME Group. The acquisition was part of an agreement to establish a new joint venture in the rapidly growing index business, S&P Dow Jones Indices, which also closed on July 2, 2012. Full Article
DTCC sues regulator CFTC in swaps data spat
WASHINGTON - Depository Trust & Clearing Corp (DTCC) sued the top derivatives regulator over the way it has allowed two DTCC rivals to gather potentially lucrative swap trading data.
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
