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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| CME Group Inc | NASDAQ:CME | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.36 | 0.18% | 197.37 | 197.02 | 199.04 | 199.55 | 197.08 | 198.29 | 1,987,208 | 21:01:43 |
From Jul 2019 to Jul 2024
By Maria Armental
CME Group Inc. (CME) plans to exit the over-the-counter credit-default-swap clearing business next year, a move that would free $650 million to clearing members, the exchange operator said Thursday.
Chicago-based CME, the world's most valuable exchange group with a market capitalization of nearly $45 billion, said it would shift focus to interest-rate swaps and foreign exchange.
The exchange giant intends to start offering OTC foreign-exchange options clearing by the end of the year and add several currencies, including the Chinese yuan, to its interest-rate swaps offerings.
Shares closed Thursday at $132.12, just shy of a 9-year set during regular trading.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
September 14, 2017 20:55 ET (00:55 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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