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CME Group Inc.

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Top CME Group Inc. Articles see all

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  • Mayor of Chicago: Readers' choice

    Mayor of Chicago: Readers' choice
    Two weeks ago, the Chicago Tribune Editorial Board made its endorsement for mayor of Chicago. Then we asked readers: Who is your choice?
  • A eulogy for Chicago's trading pits

    A eulogy for Chicago's trading pits
    If the CME Group were to hold a funeral for open-outcry trading, Margery Teller should deliver its eulogy. A legendary trader, she earned the nickname "Large Marge" for taking enormous positions in the eurodollar pit in the early 2000s. Her remarks...

    Traders nostalgic for bustle of pits after CME closes more down; 'There is no more roar.'

    When Marc Schwartz heard that many of America's last trading pits were closing down, the veteran commodities trader was hardly surprised. He spent 17 years yelling in the New York pits, but gave it up, like so many colleagues before him, to work in an...

    Nostalgia, but little outcry, over CME decision to close futures pits

     Nostalgia, but little outcry, over CME decision to close futures pits
    The CME Group's announcement late Wednesday afternoon to close most of its futures trading pits in Chicago and New York evoked a wave of nostalgia. Paul R.T. Johnson Jr., a former director at the Chicago Board of Trade, spoke fondly of the days when the...

    Squelching voices: CME Group to shut down most of its futures trading pits

    Chalk up another victory of the machines over humans. The parent company of the Chicago Board of Trade and other exchanges is ending most trading involving people on the floor who establish prices by flashing hand signals and shouting at each other. CME...