CME Group Stock Price, News & Analysis

TriOptima has successfully completed its first triReduce enhanced compression cycle for Japanese yen, including TONA risk replacement trades, at the Japan Securities Clearing Corporation (JSCC) on December 4, 2020. This service allows swap market participants to transition from legacy benchmarks to alternative benchmarks effectively. Both Philip Junod of TriOptima and Takehiro Hosomura of JSCC expressed satisfaction with this milestone, emphasizing its significance in the ongoing transition from JPY LIBOR to TONA, as LIBOR is expected to cease publication at the end of 2021.

CME Group (NASDAQ: CME) has announced its 2021 annual shareholder meeting scheduled for May 5, 2021, at 10:00 a.m. Central Time. The meeting will provide shareholders with important updates and further details will be shared in the proxy statement. As a leading derivatives marketplace, CME Group offers diverse trading options in futures, options, and over-the-counter markets, enabling clients to manage risk and seize opportunities globally. The company's platforms include CME Globex, BrokerTec, and EBS.

CME Group announced the addition of hemp pricing data from Hemp Benchmarks® to its DataMine platform. This new dataset allows customers to access benchmark wholesale hemp pricing along with extensive historical market data, aiding trading and hedging strategies. As the U.S. hemp market is projected to exceed $20 billion by 2025, the introduction of this data supports market participants in making informed decisions. The dataset includes pricing for over 21 hemp products, catering to the emerging hemp commodity market.

CME Group declared an annual variable dividend of $2.50 per share, totaling approximately $900 million, payable on January 13, 2021, to shareholders of record on December 28, 2020. Including this dividend and a previously announced fourth-quarter dividend of $0.85 per share, the total 2020 dividend yield reaches 3.3%. Since initiating the variable dividend structure in February 2012, CME Group has returned over $15 billion to shareholders through dividends, reflecting its commitment to capital return based on operating results.

CME Group and the Mathematical Sciences Research Institute announced that Susan Athey, an Economics of Technology Professor at Stanford, is the 2019 recipient of the CME Group-MSRI Prize. Athey is recognized for her contributions to digital economics and marketplace design, becoming the first woman to receive this honor. A virtual event to celebrate her achievement will be held on Dec. 11, 2020. Past recipients include Nobel Laureates, underscoring the prize's significance in the economics field.

CME Group announced that John Pietrowicz, Chief Financial Officer, and Sean Tully, Global Head of Financial and OTC Products, will present virtually at the Goldman Sachs 2020 U.S. Financial Services Conference on December 8, 2020, at 9:20 a.m. ET. The presentation can be livestreamed on CME Group's investor website. An audio replay will be available 24 hours post-conference. CME Group is a leading derivatives marketplace that offers a range of trading options across various asset classes, empowering global market participants.

CME Group reported significant market activity for November 2020, achieving an average daily volume (ADV) of 19.3 million contracts, a 6% increase from November 2019. Notable highlights include an ADV of 8.8 million contracts in Interest Rates and 5.4 million in Equity Index. Record trading was seen in SOFR futures with an ADV of 87,000 contracts. Bitcoin futures ADV surged 118% year-on-year, while Agricultural futures saw a 10% rise. The data reflects strong growth across various asset classes, underscoring CME Group's dominance in the derivatives marketplace.