CME Group, Inc.

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CME Group, Inc.
CmeGroupLogo.jpg
Founded July 12, 2007 (through Chicago Mercantile Exchange Holdings and CBOT Holdings merger)
Headquarters Headquarters: 20 South Wacker Drive, Chicago, IL 60606 (plus other CME Group offices domestic and international)
Key People Terrence A. Duffy, Chairman and CEO; Bryan Durkin, President
Products Interest rate, equity index, foreign currency, commodity futures and options and alternative investments (e.g. weather, real estate)
Twitter @CMEGroup
StockTwits CMEGroup
LinkedIn Profile
Facebook CMEGroup
Website www.cmegroup.com
Releases Company News

CME Group, Inc., based in Chicago, is the world's largest derivatives exchange, offering a broad array of derivatives contracts, clearing services, market data and indexes products. The publicly traded company had a market cap of $54 billion, as of March 2018.[1]

To read the full article on The CME Group, click on Marketswiki.gif to open a new tab with MarketsWiki.

Overview

CME Group launched a bitcoin futures contract on December 18, 2017, trading on the Globex platform and cleared via ClearPort. The futures are cash-settled and based on the CME CF Bitcoin Reference Rate, a once-a-day reference rate of the U.S. dollar price of bitcoin. CME and Crypto Facilities have calculated and published the BRR since November 2016.[2]

CME Group partnered with Crypto Facilities Ltd in May of 2018 to launch the CME CF Ether-Dollar Reference Rate, which provides a daily benchmark price in U.S. dollars at 4 p.m. London time, and CME CF Ether-Dollar Real-Time Index, which allows users access to a real-time Ether price in U.S. dollars.

Both reference rates will be calculated by Crypto Facilities based on transactions and order book activity from Kraken and Bitstamp.[3]

References