What does Chicago Mercantile Exchange (CME) mean?
Chicago Mercantile Exchange (CME) is the U.S.’s largest exchange for futures and optionsand is the second-largest globally. CME operates contract markets for the trading of futures and options on futures contracts. . It offers a wide range of futures for trading across various asset classes, based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals. It is a subsidiary of CME Group.
Futures Knowledge Explains Chicago Mercantile Exchange (CME)
Founded in 1898, Chicago Mercantile Exchange was formerly known as the Chicago Butter and Egg Board. In 1919, it was renamed as Chicago Mercantile Exchange (CME). In 2007, Chicago Mercantile Exchange acquired the Chicago Board of Trade to form CME Group, the world's largest and most diverse exchange, with products spanning all major asset classes. It is headquartered in Chicago, Illinois.