CME Group

CME

CME Group Inc. (Chicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange, The Commodity Exchange) is a global markets company. It is the world's largest financial derivatives exchange, and trades in asset classes that include agricultural products, currencies, energy, interest rates, metals, and stock indexes. The company offers futures contracts and options on futures using its CME Globex trading platforms, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates a central counterparty clearing provider, CME Clearing. With a range of pre- and post-trade products and services underpinning the entire lifecycle of a trade, CME Group also offers optimization and reconciliation services through TriOptima, and trade processing services through Traiana. The company has been described by The Economist as, "The biggest financial exchange you have never heard of". In 2019, CME Group was named the world's fastest growing and most valuable exchange brand for the sixth consecutive year by Brand Finance, while it had the fifth greatest brand strength.

CME Group has been a target of short sellers for a while. The current short interest of 1.57% is roughly at the average of the last 12 months (1.41%).