Chicago Mercantile Exchange (CME)

Mondo Visione  Jan 29  Comment 
The Commodity Futures Trading Commission (CFTC) today announced the filing of a federal court enforcement action in the U.S. District Court for the Northern District of Illinois against Defendant Jiongsheng Zhao, of Australia, charging him with...
MarketWatch  Dec 18  Comment 
Here’s some good news for nervous bitcoin investors in the wake of the Chicago Mercantile Exchange’s introduction of its much-hyped “BTC”futures contract: Whitney Tilson says bitcoin has finally hit the top!
Mondo Visione  Dec 14  Comment 
The Commodity Futures Trading Commission (CFTC) is requesting public comment on proposed rule changes submitted by Chicago Mercantile Exchange Inc. (CME) under CFTC Regulation 40.10. Comments regarding the submission should be submitted on or...
Channel News Asia  Dec 10  Comment 
The Cboe Futures Exchange in Chicago opened trading in bitcoin futures at 2300 GMT on Sunday, a move that is expected to be followed a week later by a rival listing on Chicago Mercantile Exchange.
Mondo Visione  Dec 4  Comment 
The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) has issued the results of a rule enforcement review that recommends the exchanges reviewed make certain improvements as noted below. The Division...
Mondo Visione  Oct 31  Comment 
The Commodity Futures Trading Commission (CFTC) today issued an amended order to Chicago Mercantile Exchange, Inc. (CME), a CFTC-registered derivatives clearing organization. The order concerns foreign futures contracts currently listed or that...
Reuters  Aug 4  Comment 
The U.S. Commodity Futures Trading Commission on Thursday ordered Barclays Capital to pay $800,000 as a penalty for supervision failures relating to fees for trading and clearing of Chicago Mercantile Exchange products.
Mondo Visione  Jun 14  Comment 
The European Securities and Markets Authority (ESMA) has updated today its list of recognised central counterparties (CCPs) based in third countries. Today’s update concerns the recognition of the US Chicago Mercantile Exchange Inc....
Benzinga  May 29  Comment 
Certain things for certain places leave an impression on you. For me, there is one thing from my time spent on the trading floor at the Chicago Mercantile Exchange from 1985–1992, that will never escape my mind: the paper. In other words, the...
Yahoo  Mar 23  Comment 
A British judge approved on Wednesday a U.S. request for the extradition of a London-based trader accused of contributing to the 2010 Wall Street "flash crash" by placing bogus orders to spoof the market. Navinder Sarao, 37, who traded on the...


This article is about the futures exchange. For the publicly traded company that operates the exchange, see CME Group (CME).

The Chicago Mercantile Exchange is a futures exchange located in Chicago, Illinois. The parent company, CME Group (CME), also owns the Chicago Board of Trade, and the New York Mercantile Exchange (NYMEX), though these operate as independent exchanges.

The Chicago Mercantile Exchange began in 1898 as the Chicago Butter and Egg Board, so named because it only traded contracts in butter and eggs. In 1919 it became known as the Chicago Mercantile Exchange. The exchange expanded its product line over the years, beginning with the introduction of frozen pork belly futures in 1961. In 1964, the exchange began trading live cattle futures, in 1972 it issued the first futures on foreign currencies, and in 1982 stock index futures were added to its product list. The first international link between futures exchanges was established in 1984 between the CME and the Singapore Exchange Derivatives Trading Ltd. (SGX). In 1992, the Chicago Mercantile Exchange introduced the first global electronic futures trading platform CME Globex. This system did not replace the traditional open outcry system, but was used alongside it in order to enhance trading efficiency and extend trading hours. Approximately 80% of the exchange’s daily volume of contracts traded in 2009 was attributed to CME Globex. In 2000, the CME demutualized, becoming a for-profit organization, and in 2001 it officially became the largest futures exchange in the U.S as a wholly owned subsidiary of CME Holdings.. In 2002, CME Holdings became the first exchange in the United States to issue shares, listing on the New York Stock Exchange. The CME’s 2007 merger with the Chicago Board of Trade resulted in the formation of the CME Group, which now has its primary stock listing on the NASDAQ under the ticker symbol CME.

Products traded and cleared by the CME and its parent company, CME Group (CME), include interest rate swaps and futures, stock and real estate index futures, energy and environmental products, agricultural and weather products, metals, credit default swaps (CDS), and foreign exchange (FX), all listed either on their exchanges, through the over-the-counter (OTC) network CME ClearPort, or traded in private negotiation. In 2008, combined volumes on these exchanges exceeded 3.3 billion contracts – worth more than $1.2 quadrillion in notional values.

Basic Information

Exchange Symbols

  • Thomson Reuters: CM
  • Yahoo! Finance: .CME

Trading Hours

  • Normal Trading Session: Unique for each futures contract, though generally sometime between 9:00 am and 1:30pm Central Time (GMT - 6 hours)
  • Electronic Trading Sessions: 9:05am - 4:00pm, then 5:00pm - 4:00pm, with a Friday close at 1:30pm

Creating Articles for Futures Contracts Trading on the CME

To create an article for a futures contract listed on the Chicago Mercantile Exchange, follow these steps:

  • Type the name of the futures contract with the word "futures" at the end end (e.g. "Pork Belly Futures") into the Wikinvest search box and click Search.
  • Assuming the article doesn't exist, click on the link adjacent to Be the first person to create the page.
  • Type {{commodity}}, [[category:CME Commodities]] and any other categories appropriate for the context (e.g. [[category:Grain Commodities]] or [[category:Energy Commodities]]) on separate lines into the text box and click Save page to create the article.
  • For a full list of categories, see the page on commodities.

See Also

Futures Contracts Traded on the CME

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