|Bid||159.36 x 800|
|Ask||165.00 x 800|
|Day's Range||158.50 - 159.94|
|52 Week Range||116.55 - 171.71|
|PE Ratio (TTM)||13.37|
|Forward Dividend & Yield||2.80 (1.74%)|
|1y Target Est||N/A|
CME Group's (CME) solid fundamentals and initiatives to ramp up its growth profile are factors behind its impressive above 40% share price rally in a year's time.
U.S. beef packers including Tyson Foods Inc and Cargill Inc are racking up historically high margins, thanks to slumping cattle prices amid a supply glut and as Americans turn to beef for their backyard summer barbecues. "I think the consumer in the next 90 days is going to have a big opportunity to probably buy some beef fairly cheap," said Pete Bonds, owner of Bonds Ranch based near Fort Worth, Texas. The U.S. Department of Agriculture forecast surging numbers of steers and heifers ahead - further weakening prices for slaughter-ready, or cash, cattle while strengthening packer revenues.
The Chicago Mercantile Exchange will amend the feeder cattle futures contract rule to include cattle identified in the U.S. Department of Agriculture reports as fancy, thin, fleshy, gaunt or full in the calculation of CME's feeder cattle index price, the exchange said in a release on Tuesday. Additionally, the CME will delay listing of its May 2019 feeder cattle futures and options contracts effective immediately.
CME Group Inc. will review client demand for Ether futures after launching an index tracking prices of the second-largest cryptocurrency. “We’ll continue to gauge with them to ascertain the demand for futures,” Tim McCourt, CME’s head of equity products, said during an interview Monday at an industry conference in New York. Trading platform Crypto Facilities Ltd. calculates the rates using transactions and order book activity from cryptocurrency exchanges Kraken and Bitstamp.
CME launched two indexes on Monday for tracking ethereum, spurring speculation the world's largest futures exchange may launch another cryptocurrency futures product soon.
Investing.com - Bitcoin pulled back from a three-week low on Monday, with the rebound coinciding with news that a Florida tax collector would accept the cryptocurrency for payments of several services.
Derivatives exchange operator CME Group and U.K. firm Crypto Facilities are partnering to create an ether reference rate and real time index.
Exchange operator CME Group Inc and digital-currency trading platform Crypto Facilities Ltd on Monday launched a service to provide users access to real-time ether price in dollars. The reference rate will be based on transactions and order book activity from Kraken and Bitstamp - two major cryptocurrency exchanges, the company said. The rates will be available on CME Group and Crypto Facilities' website from May 14 and will be distributed on CME's market data platform from June 4.
(Reuters) - CME Group Inc said on Monday it had launched the CME CF ether-dollar reference rate along with crypto-trading platform Crypto Facilities Ltd to provide real-time ether price in dollars. The ...
With the Personal Income Expenditures Price Index showing last week that inflation is nearing the Federal Reserve's target level of 2%, fears about rising inflation and interest rates have come back into the markets. While that may prompt some long-term investors to get more conservative or even worse sit on the sidelines, for active traders, E*TRADE said that there are several ways to play inflation.
CME Group Inc. says it’s poised to win a 14-year-old court case that alleges its anti-competitive behavior blocked a huge German exchange from getting a foothold in the U.S. The court “is expected to issue a written decision finalizing that decision and dismissing the entire case,” CME said. Court records show U.S. District Judge Thomas Durkin decided the trial will no longer begin on June 4.
Investors upset that bitcoin has crashed more than 50% since December could now have someone to blame: Chicago futures markets. , owner of the venerable Chicago Mercantile Exchange, triggered a collapse in the digital currency by making it easier to “short” bitcoin--or bet on its price falling. In theory, that means launching a futures market on something that’s never had its own futures market should be a bearish signal.
The CME Group Inc on Monday saw more than 50 global firms participate in its new futures contracts backed by the Secured Overnight Financing Rate (SOFR), a U.S. alternative to the benchmark Libor interest rate. The New York Federal Reserve only began publishing SOFR on April 3.
Bitcoin's drop in value from its December 2017 peak of $19,511 was tied directly to the listing of futures contracts tied to the cryptocurrency's value, new research published by the San Francisco Federal Reserve showed Monday. "The rapid run-up and subsequent fall in the price after the introduction of futures does not appear to be a coincidence," four researchers wrote in the latest edition of the regional Fed bank's Economic Letter. Fed policymakers have been dismissive, particularly in recent months, of bitcoin's promise as an alternative currency to the dollar or other central bank-backed money.
Exchange-operator CME Group Inc is weighing an increase in the storage rates for its corn and soybean futures to address concerns the contracts' prices are not accurately reflecting the underlying U.S. cash grain markets. * CME may raise the fixed maximum storage rate that regular warehouses can charge holders of its outstanding shipping certificates, according to a notice the company sent to customers. * CME contacted market participants for their views, and most support an adjustment to contract storage rates to make sure that futures converge with cash prices, the notice says.
Of the 17 analysts that track E*TRADE Financial Corporation (ETFC), six gave the stock “buy” ratings, two analysts recommended a “hold,” and nine analysts suggested a “strong buy.”
Today, CME Group (CME) reported that it benefitted from heightened volatility across equities, rates, currencies, commodities, and alternatives in 1Q18. The exchange giant managed 19% growth in revenues to $1.1 billion, helped by record daily volumes in five out of six asset class offerings and increased total options trading.
CME Group Inc (NASDAQ:CME) is currently trading at a trailing P/E of 13.4x, which is lower than the industry average of 16.2x. Although some investors may jump to the conclusionRead More...
Higher average daily volume as well as revenues, along with improved operating income find reflection in CME Group's (CME) Q1 earnings results.
CME Group Inc, the world's largest futures exchange, reported a better-than-expected quarterly profit on Thursday as a spike in market volatility lifted trading volumes. Exchanges booked gains in the first ...
The Chicago-based company said it had net income of $1.76 per share. Earnings, adjusted for one-time gains and costs, were $1.86 per share. The results surpassed Wall Street expectations. The average estimate ...