CME Group Inc.

Chicago, IL United States

  (NASDAQ: CME)

Company Description

CME Group doesn't predict futures, but it does sell them. The company owns the Chicago Mercantile Exchange (or CME, launched in 1898 as The Chicago Butter and Egg Board), the Chicago Board of Trade (CBOT), the New York Mercantile Exchange (NYMEX), and the Commodity Exchange (COMEX). The exchanges provide marketplaces for agricultural commodities, as well as for interest rate, equity, government paper, and foreign exchange futures. Products are traded on CME's Globex electronic trading system, on its floors via an open outcry system using elaborate hand signals, and through privately negotiated transactions. In 2010 CME bought 90% of Dow Jones' index business, including the Dow Jones Industrial Average.