Chicago Mercantile Exchange

BGC Group Inc., (NASDAQ:BGC) a financial services firm led by Cantor Fitzgerald CEO Howard Lutnick, plans to launch an exchange that will start trading secured overnight financing rate (SOFR) futures on Sept. 23 on its new FMX Futures Exchange. The SOFR is a benchmark interest rate for dollar-...

The Securities and Exchange Commission delayed its decision Thursday on approving Grayscale's (OTC: GBTC) proposal for a spot Ethereum (CRYPTO: ETH) exchange-traded fund. This decision follows the initial proposal submission by NYSE Arca, Inc. on Oct. 10, 2023. Grayscale's Ethereum...

As Bitcoin surges past $45,000 for the first time since April 2022, several leading asset management firms are gearing up for a major development in the cryptocurrency space. Numerous asset management companies, such as BlackRock Asset Management, a division of BlackRock Inc (NYSE: BLK),...

The Chicago Mercantile Exchange (CME), a regulated entity, recently emerged as the foremost exchange for Bitcoin (CRYPTO: BTC) futures, surpassing Binance (CRYPTO: BNB) for the first time in two years. This shift is particularly noteworthy as the cryptocurrency sector continues to evolve, a topic...

In the dynamic world of cryptocurrencies, Bitcoin (CRYPTO: BTC) is anticipated to make a significant comeback, potentially reaching its all-time high of over $69,000 by mid-2024, according to an analyst. This projection reflects an 88% increase from its current valuation of around $36,500. These...

Bitcoin's (CRYPTO: BTC) recent surge past the $35,000 mark was short-lived, with a sudden 3% drop after BlackRock's (NYSE: BLK) much-anticipated Bitcoin ETF disappeared from the DTCC website and the Bloomberg terminal. The ticker for BlackRock's ETF, IBTC, which was poised to be a...

JPMorgan Chase &. Co. (NYSE: JPM) analysts say the decline in long positions in the Chicago Mercantile Exchange's (CME) Bitcoin (CRYPTO: BTC) futures might be nearing its conclusion. The analysts focused on open interest, which denotes the total number of unsettled derivative contracts like...

Former Treasury Secretary Lawrence H. Summers has pointed out that the terminal rate, as reflected by the Fed funds futures, has crossed the 5% mark, and this is a significant milestone. However, most of the possible increase in the current cycle has already taken place, he said....

Cryptocurrency derivatives just got a step closer to replicating the experience that institutional investors have come to expect from their traditional counterparts as OKEx announced the launch of new advanced trading features. What Happened: OKEx launched portfolio margin on Monday in an...

The Valkyrie Bitcoin Strategy ETF (NASDAQ: BTF) launched today, giving U.S. investors another Bitcoin (CRYPTO: BTC) futures-based exchange-traded fund (ETF) to choose from. What Happened: Nasdaq market data confirmed the launch, which the firm announced earlier...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.   The final month of the year has historically been a heady time for cryptocurrency markets, and this year is looking like it will...

In an interview with Benzinga, Carolyn Boroden of the trading education site Simpler Trading discussed her story of becoming a technical analyst. Beginnings Boroden is an analyst who specializes in Fibonacci trading analysis. Her Wall Street career began at Donaldson, Lufkin & Jenrette's...

With the majority of the trading pits at the Chicago Mercantile Exchange being shuttered last week, I've been reflecting on the time I spent on the floor (1985-1992). Here are a few tales from the "last bastion of true capitalism." Physical Place One thing that I don't miss...

By: Bryan Wiener The Commodity Futures Trading Commission (CFTC) recently reached out to the trading community requesting feedback concerning a Chicago Mercantile Exchange (CME) proposal to update its own rule governing “wash trades” in its Globex electronic marketplace. Specifically, the public...

Given investors' high expectations for U.S. quantitative easing and additional stimulus in Europe, gold's lack of a truly impressive rally may not be a good sign. Prior to Tuesday, gold was up in four straight sessions on speculation that both the U.S. Fed and the European Central Bank will...