biology daily - the biology and biochemistry encyclopedia
biology daily articles and research Encyclopedia Dictionary Forums biology research links Weblinks Pictures Articles Blogs Newsletter
shortcuts ask a question suggest a weblink upload pictures publish articles new blog entry

Chicago Mercantile Exchange

President George W. Bush at CME (March 6, 2001).
Enlarge
President George W. Bush at CME (March 6, 2001).

The Chicago Mercantile Exchange (CME) (NYSE:CME) was founded 1898 as a not-for-profit organization. CME demutualized in November 2000, and went public in December 2002. Today, CME is the biggest futures market in the United States.

CME has four major product areas: interest rates, stock indexes, foreign exchange and commodities.

CME has the largest futures and options on futures open interest (number of contracts outstanding) of any exchange in the world, which indicates a very high liquidity, a key success factor for stock and commodity exchanges.

CME Globex®

Today the CME Globex trading system operates at the heart of CME. It was introduced in 1992 as the first global electronic trading platform for futures and derivative contracts .

Full details are at CME.com.

See also

External links

Contents
06-01-2009 23:10:04
The contents of this article are licensed from Wikipedia.org under the GNU Free Documentation License. How to see transparent copy
BiologyDaily.com 2005. Legal info   Privacy