CME Group

183 results about this entity

Period: 17 Oct 2006 - 02 Oct 2024

CME to launch CDS clearing house with support of eight major dealers

After months of wrangling, The Chicago Mercantile Exchange has finally secured agreement with eight leading dealers to participate in its credit default swaps counterparty clearing initiative.

CBOE prepares to demutualise after settling suit

The Chicago Board Options Exchange (CBOE) has settled a long-running legal dispute with members of the Chicago Board of Trade (Cbot), paving the way for demutualisation within "days or weeks".

CME and Citadel ditch CDS trading platform plan to focus on clearing

CME Group and Citadel have abandoned plans to launch a credit default swaps (CDS) trading platform and will instead focus on offering clearing services for the $27 trillion market.

Mexican Exchange in talks to sell stake to CME Group

Bolsa Mexicana de Valores is in preliminalry talks to sell a minority stake to Chicago-based derivatives exchange operator CME Group.

Nyse Liffe shelves CDS clearing

Nyse Euronext subsidiary Liffe has suspended its European credit default swaps (CDS) clearing service after failing to attract a single trade since launching in December.

Data compression firm files patent infringement suits against banks and exchanges

A US firm specialising in data compression has filed lawsuits against a host of investment banks, stock exchanges and financial news and data outfits, accusing them of patent infringement.

CME Group hires ex-LCH.Clearnet boss to lead European clearing

Chicago-based derivatives exchange operator CME Group has hired former LCH.Clearnet boss Andrew Lamb to head up its planned European clearing venture.

ELX Futures offers free trades during July

ELX Futures, which is set to launch tomorrow, says it will not charge for trades in July as it looks to strike an early blow in the battle to take market share from the dominant CME Group.

CME Group chooses StreamBase CEP platform

Derivatives exchange CME Group has signed for StreamBase's complex event processing (CEP) platform to help it analyse real-time streaming data.

ICE Trust backers accused of freezing out rival CME-led clearing house

Major derivatives dealers have been accused of "filibustering" to protect their ogilopoly by withholding support from buy-side-friendly rivals to the InterContinental Exchange's credit default swaps clearing house.

ICE adds RBS and readies for Europe launch: RBA calls for expansion of CDS clearing to Australia

IntercontinentalExchange has added Royal Bank of Scotland to its roster of clearing members and confirmed that it will be ready to launch its credit default swaps clearing counterparty in Europe by July.

CME delays CDS clearing launch as search continues for investors

The Chicago Mercantile Exchange has delayed the launch of its clearing counterparty for credit default swaps as it seeks to attract investment and liquidity promises from the dealer community.