CMENASDAQ: CME

On October 29, 2024, CME Group, a top derivatives marketplace, announced that it has been granted approval by the National Futures Association (NFA) to create a futures commission merchant (FCM). Terry Duffy, the Chairman and CEO of CME Group, expressed his satisfaction with the NFA's decision on their FCM application.

On October 29, 2024, CME Group, the top derivatives marketplace globally, announced the launch of its new Spodumene CIF China (Fastmarkets) futures, which are now open for trading. On the first day, 29 contracts were traded, with several companies participating, including JA Commodities (Zhejiang) Ltd, Mitsubishi Corporation RTM International Pte Ltd, Wogen Resources Limited, and Wooray Commodities Pte Ltd.

CME's results for the third quarter show that trading volumes reached new highs. The average daily volume rose by 20% in commodities and 28% in financial markets across its six asset classes.

While the revenue and earnings per share (EPS) for CME (CME) provide insight into its performance for the quarter ending September 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

CME Group (CME) reported quarterly earnings of $2.68 per share, which is higher than the Zacks Consensus Estimate of $2.65 per share. This is an increase compared to earnings of $2.25 per share from the same period last year.

CME Group Inc. announced its financial results for the third quarter of 2024, revealing a record revenue of $1.6 billion. The company also achieved a quarterly average daily volume (ADV) of 28.3 million contracts, marking the second consecutive quarter of growth in volume and open interest across all asset classes. Additionally, the operating income for this quarter was $1.0 billion.

CME Group Inc. (NASDAQ:CME) will hold its Q3 2024 Earnings Conference Call on October 23, 2024, at 8:00 AM ET. Key company participants include Adam Minick, Terrence Duffy, and Lynne Fitzpatrick, among others. The call will start with a welcome message, and participants will be in listen-only mode until the Q&A session begins.

CME's performance in the third quarter was probably supported by a varied range of products, greater market fluctuations, and a solid position in the market.

CHICAGO, Oct. 17, 2024 /PRNewswire/ -- CME Group, the top marketplace for derivatives globally, has introduced its new CBL Australian Carbon Credit Unit (ACCU) futures, which are now open for trading. On October 14, 2024, five contracts were traded as a block between Freepoint Commodities and Mercuria.