Chicago Mercantile Exchange

The Chicago Mercantile Exchange (CME) (NYSE:CME) is the largest futures exchange in the United States. The CME was founded in 1898 as the Chicago Butter and Egg Board. Originally, the exchange was a not-for-profit organization. The exchange demutualized in November 2000, and went public in December 2002.

Related Topics:
NYSE - Futures exchange - United States - 1898 - Chicago Butter and Egg Board - Demutualized - 2000 - Went public - 2002

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CME has four major product areas: short term interest rates, stock market indices, foreign exchange, and commodities.

Related Topics:
Interest rates - Stock market indices - Foreign exchange - Commodities

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CME has the largest options and futures contracts open interest (number of contracts outstanding) of any futures exchange in the world, which indicates a very high liquidity. This is vital to the success of any stock or futures exchange.

Related Topics:
Option - Futures contract - Liquidity

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