Chicago Mercantile Exchange (CME)

The Chicago Mercantile Exchange (CME) is a global marketplace for financial derivatives. It is the world's largest and most diverse derivatives exchange. The CME Group offers a wide range of products, including futures, options, and swaps on interest rates, commodities, currencies, and equities.

The CME was founded in 1898 as the Chicago Board of Trade (CBOT). In 2007, the CBOT merged with the Chicago Mercantile Exchange (CME) to form the CME Group. The CME Group is headquartered in Chicago, Illinois.

The CME is a self-regulatory organization (SRO). This means that the CME is responsible for regulating its own members. The CME has a number of rules and regulations that govern the trading of derivatives on its exchange.

The CME is a major player in the global financial markets. It is the world's largest futures exchange and the second-largest options exchange. The CME Group has a market capitalization of over $50 billion.

The CME is a major source of liquidity for the global financial markets. It provides a platform for investors to trade a wide range of derivatives. The CME also provides a mechanism for risk management. By trading derivatives, investors can hedge their exposure to various risks, such as interest rate risk, commodity price risk, and currency risk.

The CME is a major contributor to the US economy. It employs over 4,000 people and generates over $1 billion in revenue annually. The CME also contributes to the US economy by providing a platform for businesses to trade derivatives. This helps businesses to manage their risk and to hedge their exposure to various risks.

The CME is a global leader in the financial derivatives industry. It is the world's largest futures exchange and the second-largest options exchange. The CME Group is a major player in the global financial markets and a major contributor to the US economy.