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Stock Market & Financial Investment News

News Breaks
December 14, 2012
06:43 EDTCMECME Group downgraded to Underperform from Market Perform at Keefe Bruyette
Keefe Bruyette downgraded CME Group to Underperform after lowering its 2013 exchange volume assumptions. The firm dropped its price target for shares to $47 from $57.
News For CME From The Last 14 Days
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July 29, 2015
07:25 EDTCMEHouse Agriculture Committee to hold a hearing
The Committee holds a hearing entitled, "Dodd-Frank Turns 5: Assessing the Progress of Global Derivatives Reforms" with Executive Chairman & CEO Duffy of CME Group and SVP Edmonds of Intercontinental Exchange on July 29 at 10 am. Webcast Link
July 21, 2015
06:43 EDTCMECME Group, MCX of India sign MOU
CME Group, the world's leading and most diverse derivatives marketplace, and Multi Commodity Exchange of India, or MCX, India's leading commodity exchange, today signed a Memorandum of Understanding, or MOU, on various cooperation activities and potential business opportunities, including a joint viability study of setting up operations in an International Finance Service Center in India. Under this MOU, various initiatives between CME Group and MCX will also include the establishment of a joint working group to explore opportunities to develop and market new products and services for the US and Indian markets, as well as collaboration on customer education. At the same time, CME Group and MCX also announced the extension of the licensing agreement which enables MCX to settle their rupee-denominated oil and gas contract to CME Group's NYMEX prices.
July 16, 2015
09:08 EDTCMECME Group and SGS open cocoa grading facility in AmsterdamStream Global CME Group
CME Group and inspection, verification, testing and certification company SGS opened a new, state-of-the-art cocoa grading facility in Amsterdam. Physically delivered, euro-denominated Cocoa futures were launched on CME Europe in March this year. Since launch it has traded more than 6,000 contracts and has over 1,000 contracts in open interest.

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