Derivatives exchange behemoth CME Group Inc. could face a federal antitrust probe if it does not accept trades from startup futures exchange ELX Futures LP, an analyst with Sanford C. Bernstein & Co., said Thursday.
BY KAREN LEIGH - MEDILL NEWS SERVICE
Click here to listen to John Lothian, founder and editor of the John Lothian Newsletter, discuss the Chicago Mercantile Exchange (CME) Group’s effort to launch a credit-default swaps clearinghouse, and why the swaps products are both “good” and “bad.”
Phil Flynn talks to Advanced Econ Reporting students. Tian Huang/Medill
BY TIAN HUANG - MEDILL NEWS SERVICE
During our final trip to CME Group this quarter, we had the opportunity to speak to Phil Flynn, an energy analyst at Alaron Trading Corp. Phil was on the floor talking about oil inventories on Fox [...]
Hamsa Ramesha/Medill
BY TIAN HUANG- MEDILL NEWS SERVICE
Crowds of people dressed in funny-colored jackets, shouting and throwing up hand signals and reams of white paper thrown onto the floor for no apparent reason. Welcome to the world of CME Group’s open outcry trading floors.
As journalism students, my advanced business [...]
BY PATRICK TEMPLE-WEST – MEDILL NEWS SERVICE
In light of Bear Stearns investigation of short selling, is such an investigation required by shareholders?
CME cannot respond directly to specific questions like that, Donohue said. We would refer that to the proper authorities, but as a matter of policy, we do not comment on that.
Should the [...]
BY PATRICK TEMPLE-WEST – MEDILL NEWS SERVICE
We’re reporting live from the CME Group shareholders meeting at the University of Chicago Gleacher Center. Thanks to a former U of C student named Scott, whose login and password to the wireless are making these posts possible. Thanks Scott!
The wet weather has not dimmed the enthusiasm [...]
Credit market turmoil could boost CME’s move into OTC derivatives
by John Detrixhe
Apr 23, 2008
The CME Group Inc.’s latest foray into the $62 trillion off-exchange credit-default swaps market comes just as some critics [...]