CME Group Inc Cl A

Business Description

CME Group runs some of the world's largest financial exchanges, where traders and institutions can buy and sell contracts tied to interest rates, currencies, stock indexes, and commodities like oil, metals, and agricultural goods. The company also manages the clearing process for these transactions, which means it helps ensure that all trades are properly settled and financially guaranteed. Beyond trading, CME Group sells market data to clients ranging from individual investors to governments and central banks. Originally founded in Chicago in 1898 as the Chicago Mercantile Exchange, it remains headquartered there today.