CME Group Inc.

Company Description

CME Group Inc., standing for the Chicago Mercantile Exchange and Chicago Board of Trade, is a global markets company operating derivatives, options, and futures exchanges in Chicago and New York City and providing settlement and clearing of exchange trades through CME Clearing. CME Group provides a wide range of financial products to manage risk and capture opportunities across all major asset classes through interest rates, equity indexes, foreign exchange, energy, agricultural products, and metals.

Detailed Description

CME Group Inc., together with its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers futures and options products based on interest rates, equity indexes, foreign exchange, agricultural commodities, energy, and metals, as well as fixed income products. The company also provides clearing house services, including clearing, settling, and guaranteeing futures and options contracts, and cleared swaps products traded through its exchanges; and trade processing and risk mitigation services. In addition, the company offers a range of market data services, including real-time and historical data services. It serves professional traders, financial institutions, institutional and individual investors, corporations, manufacturers, producers, governments, and central banks. The company was formerly known as Chicago Mercantile Exchange Holdings Inc. and changed its name to CME Group Inc. in July 2007. CME Group Inc. was founded in 1898 and is headquartered in Chicago, Illinois.

Key People

Terrence A. Duffy (Chairman & CEO) John W. Pietrowicz (CFO)

Financials

Revenue: US$4.883 billion (2020)

Operating income: US$2.637 billion (2020)

Net income: US$2.105 billion (2020)

Total assets: US$125.659 billion (2020)

Total equity: US$26.319 billion (2020)