Net income attributable to CME dropped to $291.7 million, or 86 cents per share, in the fourth quarter ended Dec. 31, from $306.5 million, or 91 cents per share, a year earlier, as average daily volumes fell 11 percent. Excluding items, the company earned 92 cents per share, topping analysts' expectations for 90 cents. CME, which owns the Chicago Board of Trade and Chicago...» Read More
NEW YORK, Oct 19- U.S. derivatives regulators charged a Chicago- based trader and his firm on Monday with using a manipulative trading tactic known as "spoofing" in the futures market across four different exchanges. The Commodity Futures Trading Commission, in a civil lawsuit against Igor Oystacher and his proprietary trading firm 3 Red Trading LLC, said the...
LONDON, Oct 9- It's been three years since Hong Kong Exchanges and Clearing bought the London Metal Exchange and there is a sense that the makeover of the venerable old lady of metals trading is finally starting to bear fruit. The LME is even starting to return some of the $2.2 billion HKEx splashed out on its acquisition, contributing a nearby doubling of net...
FRANKFURT, Sept 9- Financial market turbulence in China and software problems have prompted Deutsche Boerse to delay its planned Asian derivatives exchange and clearing house by about 18 months, three people familiar with the plans said on Wednesday. His predecessor, Reto Francioni, set the course firmly for expansion in Asia as crucial to the exchange...
LONDON, Sept 7- When Hong Kong Exchanges and Clearing bought the venerable old London Metal Exchange back in 2012, it did so with eyes firmly fixed on China. That remains the vision, although HKEx' ambitions in the commodities space have taken back seat to its Stock-Connect bridge between Hong Kong and mainland Chinese stock markets. What HKEx almost certainly...
COPENHAGEN, Aug 24- Nasdaq is poised to launch a platform for foreign exchange trading which it says would make the $5 trillion- a-day global market more transparent and would diversify its own business, a top executive from the stock market operator said. Authorities in the United States and Europe have fined major banks more than $10 billion for failing to stop...
NEW YORK, Aug 24- Nasdaq 100 September futures were halted in premarket trading on Monday after falling to 3,992.25, marking a 5 percent drop in overnight hours. According to CME Group, the equity index price limits are designed to coordinate with circuit breaker provisions the New York Stock Exchange has in place. The New York Stock Exchange implemented circuit...
The fundamentals still remain solid, says Alan Knuckman, Barchart Bulls-eye Options, weighing in with his market outlook ahead of the opening bell.
The Chicago trading pits go quiet for the first time in 167 years. The FMHR traders discuss.
The last day of trading in the futures pits in Chicago and New York is set for today.
Scott Cohn has fond memories of reporting from the CME pits. But, it's hard to mourn them. It's time to move on.
Former CME trader David Greenberg recalls the rush of trading in the pits — and the risks of letting electronic trading take over.
The trader known as "The Wolfman," who stood behind Rick Santelli in many a CME live shot, laments the closing of the pits—the "Colosseum" for futures traders.
CNBC's Rick Santelli, a veteran of the pits at CME, breaks down what the closure of the futures pits means for the exchange and its traders.
On what could well be the worst day of the year—by a fairly wide margin—for stocks, futures activity smashed through to record levels.
Traders could find themselves buying and selling a new commodity in two years' time: wireless broadband.
CME Group said one of its clearing systems was hacked in July and the incident is the subject of a federal criminal investigation.
CBOE won a long-running court battle to prevent rival International Securities Exchange from listing options on two key stock market indexes.
Terry Duffy, President & Executive Chairman of CME Group, talks with CNBC's Rick Santelli about technology's role in the marketplace on the third anniversary of the "flash crash."
CNBC's Rick Santelli tracks high frequency trading ahead of Monday's "flash crash" anniversary, with Eric Hunsader, Nanex founder.
Some high frequency traders are using a hidden facet of the CME's computer system before other investors can get the same information, reports CNBC's Eamon Javers.