Derivatives exchange CME Group is set to expand their crypto derivatives suite with the launch of XRP futures. This move sees an increase in the bullish bets in the derivatives market following CME Group's announcement. Their plan is to add XRP futures to their crypto product suite in May. This announcement comes off a record-breaking quarter for the company where new XRP futures signals point to a major crypto expansion. Aside from crypto pursuits, the CME Group's Q1 2025 earnings also reflect a record volume, while revenue slightly fell short of expectations. They report resilient earnings, despite this minor shortfall, amid rising demand. Other financial highlights include S&P Global and CME Group's selling OSTTRA to KKR for $3.1 billion and Barclays lifting CME Group's stock price target to $283 from $279. The company is also set to face trial in a long-standing class action by traders and has fined Gain Global Markets Bermuda for failing to maintain minimum capital requirements. Despite disputes and fines, the Group is expanding their services and exhibits strong risk leadership.
Cme Group CME News Analytics from Mon, 28 Oct 2024 07:00:00 GMT to Sat, 26 Apr 2025 11:27:32 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 3
