Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does CME (CME) have what it takes?
Outgoing CME CEO Terrence Duffy said in an appearance on CNBC's “Fast Money” that the exchange operator was planning on suing the Commodity Futures Trading Commission, or CFTC, over perpetual futures. Perpetual futures are like futures contracts but have no expiration date.
The succession will mark the end of an era for the derivatives exchange, which transformed under Duffy's long run.
Duffy, will hand the reins to Fitzpatrick, currently president and chief financial officer, on March 1, 2027.
CME Group's Terry Duffy to step down in 2027, CFO Lynne Fitzpatrick to become CEO
CME Group benefits from heightened volatility and record derivatives volumes, driven by regime shifts in Fed policy and persistent macro uncertainty. Recent years show a structural increase in extreme trading sessions, with open interest and leveraged basis trades reaching unprecedented levels. I assign a Buy rating to CME, as its toll-collecting model thrives amid disagreement over rates and ongoing funding guarantees from the Fed.
CME expands its equity index futures lineup with four new E-mini contracts, targeting demand for broad-market exposure and risk management.
Geopolitical uncertainty doesn't take the weekend off, and neither will gold and oil futures as the CME prepares to launch 24/7 trading.
Investors need to pay close attention to CME stock based on the movements in the options market lately.
CME Group NASDAQ: CME Chairman and CEO Terry Duffy sharply criticized the Commodity Futures Trading Commission's approval of a Bitcoin perpetual futures contract for Kalshi, saying the product does not fit his view of a futures contract and raises risks for retail investors.
CME Group Inc. (CME) Presents at Piper Sandler Global Exchange and Fintech Conference Transcript
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does CME (CME) have what it takes?