Profile: CME Group Inc (CME.OQ)
19 Dec 2013
CME Group Inc. (CME Group) incorporated on August 8, 2001, offer a range of global products across all asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. The Company’s products include both exchange-traded and over-the-counter derivatives. CME Group also provides clearing and settlement services for exchange-traded contracts, as well as for cleared over-the-counter derivatives transactions. In April 2012, it acquired a 100% interest in GreenX Holdings LLC. In April 2012, it sold two of the three buildings that include the Chicago Board of Trade (CBOT) Building Complex located at 141 W. Jackson to a joint venture between GlenStar Properties LLC and USAA Real Estate Company. On July 2, 2012, S&P Capital IQ, a business line of The McGraw-Hill Companies acquired London-based Credit Market Analysis Limited (CMA) from CME Group. In November 2013, CME Group Inc announced the sale of the NYMEX Building located at One North End Avenue to Brookfield Office Properties.
The Company brings buyers and sellers together through its CME Globex electronic trading platform across the globe and its open outcry trading facilities in Chicago, New York City and Kansas City, and provides hosting, connectivity and customer support for electronic trading through its co-location services. The Company offers a range of market data services, including live quotes, delayed quotes, market reports and a historical data service and have expanded into the index services business.
CME Group serves the risk management and investment needs of customers worldwide. CME Group owns the rights to a number of trademarks, service marks, domain names and trade names in the United States, Europe and in other parts of the world. The Company has registered many of its trademarks in the United States and other countries. It holds the rights to a number of patents and has made a number of patent applications. CME Group offers equity index futures and options on key benchmarks, including Standard & Poor's(S&P), NASDAQ, Dow Jones and Nikkei indexes. It also has an agreement with the Chicago Board Options Exchange (CBOE) to list futures and options on futures for volatility indexes on a range of asset classes.
CME Group has exclusive arrangements with Standard & Poor's (S&P), The NASDAQ OMX Group, Inc. (NASDAQ) and Dow Jones, and non-exclusive arrangements with the other third parties. During the year ended December 31, 2012, CME Group has a licensing and membership agreement with BBA Enterprises Limited and the British Bankers' Association (collectively, BBA) for the use of London Interbank Offered Rate (LIBOR) to settle several of its interest rate products, including its Eurodollar contract.
The Company competes with NYSE Euronext (NYSE), IntercontinentalExchange, Inc. (ICE), the Hong Kong Exchanges and Clearing Limited (HKEX), Eurex Group and Electronic Liquidity Exchange (ELX).
CME Group Inc
20 S. WACKER DR.
CHICAGO IL 60606