CME Group Inc. (CME) operates contract markets for the trading of futures and options on futures contracts worldwide.
The company offers a range of products across various asset classes, based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals.
Its products include exchange-traded; and privately negotiated futures and options contracts and swaps. It executes trade through its electronic trading platforms, open outcry, and privately negotiated transactions, as well as provides hosting, connectivity, and customer support for electronic trading through its co-location services.
The company also provides clearing and settlement services for exchange-traded contracts, as well as for cleared swaps; and regulatory reporting solutions for market participants through its global repository services in the United States, the United Kingdom, Canada, and Australia. In addition, the company offers a range of market data services, including live quotes, delayed quotes, market reports, and historical data service, as well as index services.
CME Group Inc. serves professional traders, financial institutions, institutional and individual investors, corporations, manufacturers, producers, governments, and central banks.
Shares have formed a bullish "flag" formation following the company's earnings release and the elections results. The company reported record trading in November. Higher share prices are expected for this stock.
52-Weeks Trading Range: $81.87 - $117.80
Entry Point: $115.00
Stop Loss: $109.00
Target Price: $127.25
CME closed at $116.70