CME Group Inc. (NASDAQ: CME) owns and operates large derivatives and futures exchanges in Chicago and New York City, as well as online trading platforms. It also owns the Dow Jones stock and financial indexes, and CME Clearing Services, which provides settlement and clearing of exchange trades. The exchange-traded derivative contracts include futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, rare and precious metals, weather and real estate.
The corporate world headquarters are in the Chicago Loop financial district. The corporation was formed by the 2007 merger of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT). On March 17, 2008, it announced its acquisition of NYMEX Holdings, Inc., parent company of the New York Mercantile Exchange and Commodity Exchange, Inc (COMEX), which was formally completed on August 22, 2008. The four exchanges now operate as designated contract markets (DCM) of the CME Group.
On February 10, 2010, CME announced its purchase of 90% of Dow Jones Indexes including the Dow Jones Industrial Average.
CME Group as the world's largest future exchanges has announced that the company will allow international investors to use the Chinese currency Renminbi as collateral for trading in all its futures products starting January 2012.
CME Group owns 5% of BM&F Bovespa, the São Paulo stock exchange operator.
On October 17, 2012, CME announced it was acquiring the Kansas City Board of Trade for $126 Million in cash. KCBOT is the dominant venue for the sell of hard red winter wheat. The Chicago Board of Trade is the leading producer of soft red winter wheat.
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