CME Group

183 results about this entity

Period: 17 Oct 2006 - 02 Oct 2024

Confusion reigns as CME mistakenly places test orders on live markets

CME Group says it inadvertently placed thousands of test orders on live energy and metals markets on its electronic trading platform yesterday.

HFT firm's faulty algo blamed for oil price surge

High-frequency trading firm Infinium Capital Management is at the centre of an investigation by CME Group into whether a $1 surge in oil prices earlier this year was the result of one of its algos going haywire.

CME migrates to new data centre

CME Group has moved its Globex electronic platform into a new data centre that the exchange operator says will allow it to grow trading volumes for at least a decade, according to Dow Jones.

Chicago to take on Wall Street with new exchange for interest rate swaps - FT

Five Chicago dealers have teamed up with the Chicago Mercantile Exchange to launch a new interest rate swaps trading platform in anticipation of financial reform measures designed to push over-the-counter derivatives trading to exchange-based systems.

CME taps Citadel exec to head new co-location programme

The Chicago Mercantile Exchange has hired Citadel executive Craig Mohan to spearhead a new co-location and data centre push aimed at the high frequency trading market.

CME sues Canadian FX broker over trademark infringement

The CME is suing a Canadian foreign exchange broker, accusing it of trademark infringement and cybersquatting relating to the Globex name, according to Crain's Chicago Business.

Post-trade automation top priority for FX traders and hedgies

The credit crisis and rise of electronic trading have led to a fundamental shift in the global foreign exchange market towards risk mitigation over the last couple of years, according to research from CME Group.

BM&F Bovespa raises CME stake; plans new e-trading platform

Brazil's BM&F Bovespa is increasing its stake in Chicago's CME Group to five per cent, at a cost of $620 million as part of an agreement between the two exchanges that will also see them jointly develop a multi-asset class electronic trading platform.

CME Group to take control of Dow Jones index business through JV

CME Group has struck a deal to take control of the Dow Jones stock index business through a joint venture with current owner News Corp that values the business at $675 million.

Centralised clearing for OTC derivatives receives industry support but concerns remain

The majority of financial institutions and corporations around the world agree that moving OTC derivatives trading to a system of centralised clearing would help manage risk but many market participants still harbour serious concerns about the prospect, according to a survey from Greenwich Associates.

CME closes in on Dow Jones index business - WSJ

Exchange operator CME Group is in talks to buy Dow Jones' index business for up to $700 million, according to the Wall Street Journal.

CME Group launches CDS clearing

CME Group has begun clearing credit default swaps (CDS) as it moves to take advantage of increasing regulatory scrutiny of the market and compete with the rival InterContinentalExchange.