In a string of events, the CME Group has unveiled a series of milestone accomplishments and ambitious plans for the future. The proposals include the launch of 1-ounce gold futures due to soaring retail demand and the introduction of Mortgage Rate Futures in 2025. Moreover, the company has also set records in fields like average daily volume (ADV), reaching 30.2 million contracts in November, along with record open interest and volume in adjusted interest rate total return futures. Simultaneously, the group continues to innovate by launching a new gold futures contract as the trading of micro gold hits record volumes.
They will also be creating new opportunities in the digital space by teaming up with Google Cloud to announce a new co-location facility for CME Group's markets. Furthermore, in order to ensure the welfare of its shareholders, the group has initiated a massive $5.1B shareholder return plan while boosting the annual dividend by 8% and announcing a $3 billion share repurchase program. Impressively, CME Group remains committed to societal contributions as seen through its initiatives of awarding higher education scholarships to historically underrepresented students.
Cme Group CME News Analytics from Tue, 02 Apr 2024 07:00:00 GMT to Sat, 07 Dec 2024 20:45:16 GMT - Rating 5 - Innovation 6 - Information 8 - Rumor 5
