CME Stock Recent News

CME Group is a resilient and defensible business, with high margins and a great balance sheet. Interest rate derivatives, CME's highest volume segment, are poised for growth amid expected rate cuts, enhancing CME's revenue prospects. CME stock's valuation is cheaper than the S&P 500 and will likely offer safety in times of market turmoil.

CME Group's stock (NASDAQ: CME) has largely traded sideways since the beginning of the year and has not seen much change as compared to the 17% rise in the S&P 500 over the same period. In sharp contrast, CME Group's peer Intercontinental Exchange (NYSE: ICE) is up 25% YTD.

CHICAGO , Aug. 28, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will launch two new wheat spread futures contracts on October 14, pending regulatory review.  The CBOT Wheat - Euronext Milling Wheat No.

CHICAGO , Aug. 27, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it will further expand its cryptocurrency derivatives offerings with the introduction of Bitcoin Friday futures (BFF) on September 30, pending regulatory review. Sized at one-fiftieth of one bitcoin, these new weekly futures contracts will be cash-settled to the CME CF Bitcoin Reference Rate New York Variant (BRRNY) at 4:00 p.m.

CME (CME) reported earnings 30 days ago. What's next for the stock?

Over the past couple of weeks, global markets have experienced significant price volatility due to fears of recession. Things got serious when the nonfarm payroll data for July was released, achieving a significantly lower figure than the one expected.

The "cash trap" is caused by investors flocking to high-yield, risk-free assets due to Fed rate hikes. This influx into money market funds could reverse if rates drop. When rates fall, investors may shift from money market funds to high-yield dividend stocks to maintain income. The need for quality picks will grow in this scenario. High-yield, high-quality dividend stocks with strong business models and solid balance sheets could benefit most, offering both income and stability as the market evolves.

Over $3.5 million awarded through CME Group Foundation's Scholarship program to date CHICAGO , Aug. 14, 2024 /PRNewswire/ -- CME Group Foundation today announced that 18 historically underrepresented students majoring in finance, technology and related fields have each been awarded up to $20,000, which is renewable for three years. Since its launch in 2019, this program has awarded over $3.5 million in scholarships to nearly 100 students at 11 partner colleges and universities in the U.S.  "Through our Foundation and other initiatives, CME Group is committed to supporting future leaders in our community by providing financial assistance and career development opportunities," said Terry Duffy, CME Group Chairman and Chief Executive Officer.

CHICAGO , Aug. 8, 2024 /PRNewswire/ -- CME Group Inc., the world's leading derivatives marketplace, today declared a third-quarter dividend of $1.15 per share. The dividend is payable September 25, 2024, to shareholders of record as of September 9, 2024.

CHICAGO , Aug. 5, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that its Live Cattle options reached all-time record open interest of 410,120 contracts on August 1, 2024, surpassing the previous record of 399,626 on July 31, 2014. "With demand high and supply at lows not seen for more than 60 years, market participants are turning to CME Group Live Cattle options to effectively hedge their price risk," said John Ricci, Managing Director and Global Head of Agriculture, CME Group.