The CME Group Inc. has announced significant advancements in various sectors. Their engagement ranges from the impending launch of 1-ounce Gold Futures to meet increasing retail demand, to the initiation of Bitcoin Friday Futures. The Group reports record November ADV of 30.2 million contracts due to growth in all asset classes, including record Q3 revenue. It is set to expand its battery metals suite with Spodumene futures and will launch Mortgage Rate Futures in 2025.
Continuing its foray into the crypto realm, CME plans to launch two new crypto reference rates and real-time indices with CF Benchmarks. They have also declared the winners of their 21st annual university trading challenge. Standing strong in its financial backing, the CME Group successfully reported an all-time record revenue of $1.5 billion for Q2 2024. Moreover, the institution continues to set precedents as it announces its new Chicago area private cloud region and co-location facility in collaboration with Google Cloud.
Cme Group CME News Analytics from Mon, 15 Apr 2024 07:00:00 GMT to Sat, 21 Dec 2024 23:01:56 GMT - Rating 8 - Innovation 7 - Information 9 - Rumor -3
