CME group Archives - The Industry Spread

CME Group to Launch Options on Bitcoin Futures Contracts

September 25, 2019

CME Group has announced it will launch options on its Bitcoin futures contracts in Q1 2020, pending regulatory review, thus providing clients with additional tools for precision hedging and trading.

CME Bitcoin futures were first launched in December 2017, with already 20 successful futures expiration settlements and more than 3,300 individual accounts have traded the product since inception.

UK Based Aquis Exchange Acquired CME Group’s NEX Exchange for 2.7 Million GBP

July 8, 2019

As per recent announcement made by the firm last week, UK based Aquis Exchange PLC has acquired US based CME Group’s subsidiary NEX exchange for 2.7 Million British Pound. A deal for acquisition of NEX Exchange was agreed upon by the two parties for cash consideration of 1 GBP and nearly 2.7 Million GBP based on NEX Exchange’s current working capital levels.

CME Group’s Terry Duffy to Appear Before the U.S. House Committee on Agriculture Subcommittee to Discuss Impact of E.U. Foreign Clearinghouse Regulation on U.S. Futures Markets

June 30, 2019

 CME Group Chairman and Chief Executive Officer Terry Duffy will appear before the U.S. House Committee on Agriculture Subcommittee on Commodity Exchanges, Energy and Credit today to discuss the potential implications of recent European Union (E.U.) legislation that could grant sweeping new regulatory power to European regulators over U.S. futures markets.

The Next Stage in the LIBOR Transition (via prerecorded video)

June 4, 2019

At the Alternative Reference Rates Committee Roundtable, cohosted by the Alternative Reference Rates Committee and the New York University Stern School of Business and Its Salomon Center for the Study of Financial Institutions, New York, New York

Traiana Provides Clearing Connectivity to Eurex Clearing

May 10, 2019

Eurex Clearing OTC IRD clearing services have been in sharp demand from market participants. The connectivity provided by Traiana aims to address the increased volumes.Traiana, CME Group’s infrastructure service which provides trade life-cycle and risk management solutions, has deployed direct central clearing connectivity to Eurex thus ensuring the provision of venues, trading parties and clearing members with an end-to-end clearing solution for OTC interest rate swaps.