*Comex copper trading outperforms LME in Asia time over 3 months. SYDNEY, Nov 12- Asian traders are increasingly choosing CME Group Inc over the London Metal Exchange for buying and selling copper, as they seek to cut costs and complexity of trade. The trend could mean an erosion of Hong Kong Exchanges& Clearing's dominant market share in its premier metals...» Read More
LONDON, Oct 17- "In short, this is not a takeover; it is a marriage". That's how Charles Li, chief executive of Hong Kong Exchanges and Clearing, described the 1.38 billion sterling purchase of the London Metal Exchange back in 2012.. He was speaking at the LME's annual black-tie dinner at the Grosvenor House in London, conceding that it was the first time he himself, once...
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.
CHICAGO, Oct 14- CME Group Inc plans to cut 5 percent of its global workforce, or about 150 jobs, to reduce costs with most cuts hitting its technology operations, the world's largest futures exchange operator said on Tuesday. CME declined to detail how much money the staff reductions will save the company, which owns the Chicago Board of Trade and New York...
CHICAGO, Oct 14- CME Group Inc plans to eliminate 5 percent of its global workforce, or about 150 jobs, with most cuts hitting its Chicago headquarters, the world's largest futures exchange operator said on Tuesday. A spokeswoman declined to say how much money the cost cuts will save at CME, which owns the Chicago Board of Trade and New York Mercantile Exchange.
CHICAGO, Oct 14- CME Group Inc plans to cut 5 percent of its global workforce, or about 150 jobs, the world's largest futures exchange operator said on Tuesday. Most of the layoffs will come from CME's technology operations, with the rest coming from corporate and administration functions, the Chicago- based company said. CME, which owns the Chicago Board of Trade and...
NEW YORK, Sept 30- CME Group Inc's New York Mercantile Exchange must face a lawsuit brought by regulators seeking to hold it liable for the actions of two former employees accused of leaking trade details, a U.S. judge ruled on Tuesday.
LONDON, Sept 26- The London Metal Exchange, looking to boost profits, has scope for a significant hike to its trading fees whilst remaining competitive with arch U.S. rival CME Group.
*Asia's interest in US LPG grows amid shale oil boom. SINGAPORE, Sept 24- CME Group is targeting raising its market share in Brent, the largest energy product traded globally, by at least a third in a move that will make the crude futures contract its third-biggest product, an executive of the bourse operator said.
NEW YORK, Aug 29- The following is the Labor Day holiday schedule for energy futures traded on the CME Group's New York Mercantile Exchange, including crude oil, refined oil products and natural gas.
CHICAGO, Aug 27- CME Group Inc's 49- year-old chief financial officer will retire at the end of the year and will be replaced by an executive who is a year older, the world's largest futures exchange operator said on Wednesday.
SINGAPORE, Aug 25- U.S. crude held above $93 a barrel on Tuesday ahead of weekly inventory data that could shed more light on oil supply and demand in the world's largest oil consumer.
CHICAGO, Aug 25- CME Group Inc, the world's largest futures exchange operator, said it halted trading on its electronic platform for four hours on Monday because of a technical issue resulting from planned software reconfigurations.
CHICAGO, Aug 25- CME Group Inc, the largest U.S. futures exchange operator, said on Monday that a technical issue resulting from planned software reconfigurations had caused its latest electronic trading outage. The reconfigurations were made over the weekend as part of "ongoing technology enhancement projects," CME said in a statement.
Aug 25- CME Group delayed the start of trade on its electronic platform by four hours on Monday due to technical problems, the latest glitch to hit the world's largest futures market operator.
CHICAGO, July 31- CME Group Inc, the world's largest futures market operator, reported lower-than-expected second-quarter earnings on Thursday, blaming low levels of volatility for weak trading volumes.
CHICAGO, July 31- CME Group Inc, the world's largest futures market operator, on Thursday reported lower-than-expected second-quarter earnings due to weak trading volumes. Net profit fell to $263.8 million, or 79 cents a share, from $311.2 million, or 93 cents a share, a year earlier.
July 30- CME Group Inc, the world's largest futures exchange operator, said on Wednesday it would buy derivatives broker GFI Group Inc to expand its reach in the European energy and global foreign exchange markets.
NEW YORK, June 26- Wickr, a startup founded by privacy advocates, said it has raised $30 million from investors including CME Group Inc to help develop self-destructing messaging technology for use by financial services firms and gaming companies.
NEW YORK, June 16- Nasdaq OMX Group Inc lured back former Chief Financial Officer Adena Friedman as co-president with the understanding that she will succeed Chief Executive Bob Greifeld, possibly as soon as next year, sources familiar with the matter said.
Traders could find themselves buying and selling a new commodity in two years' time: wireless broadband.