Chicago Mercantile Exchange
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
Demutualization
Pork bellies
External links
Chicago Mercantile Exchange website
Yahoo! - Chicago Mercantile Exchange Holdings Inc. Company Profile
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