| Jul 31, 2014
| 5:23 AM
CME Group Inc., the world's largest futures market operator, on Thursday reported lower-than-expected second-quarter earnings due to weak trading volumes. CME Group Inc., the world's largest futures market operator, reported lower-than-expected second-...
| Aug 1, 2014
| 7:47 AM
CBOE Holdings Inc on Friday became the second exchange operator this week to say it will cut expenses in the face of declining trading volumes that are eating into profits.
Shares slid 1.2 percent after the owner of the Chicago Board Options Exchange...
| Sep 5, 2014
| 5:28 PM
Terry Duffy came of age as a futures trader in the deafening roar of the trading pits where people in brightly colored jackets jostled and sometimes fought for prime spaces.
Brawn has since been replaced by those with the fastest Internet connections,...
| Jul 30, 2014
| 9:29 AM
CME Group Inc, the world's largest futures exchange operator, will buy derivatives broker GFI Group Inc to expand its reach in the European energy and global foreign exchange markets, CME said on Wednesday. CME, owner of the Chicago Board of Trade and...
| Sep 19, 2014
| 2:14 PM
The chief executive of the clearinghouse for all U.S. stock options will retire from the company at the end of the year after one year in the role, the company said on Friday.
Chicago-based OCC, formerly known as the Options Clearing Corp., did not...
| Sep 16, 2014
| 12:31 PM
A group of Chicago traders have agreed to drop a lawsuit against CME Group Inc. that sought to reverse a decision to include electronic transactions to determine end-of-day grain prices, the company said on Tuesday.
The traders, who work on the Chicago...
| Sep 11, 2014
| 3:50 AM
CME Group Inc., the world's largest futures market operator, said on Thursday it had appointed Cees Vermaas as managing director and CEO of its London-based derivatives exchange, effective Jan. 1, 2015.
Vermaas' appointment to CME Europe Limited is...
| May 7, 2014
| 11:29 AM
Chicago Teachers Union President Karen Lewis said today that the union would be “very active” in next year’s mayoral election, but offered little insight into efforts to recruit a challenger to Mayor Rahm Emanuel.
Underscoring her long...
| Feb 22, 2013
| 11:42 AM
Although federal budget cuts are scheduled for March 1, it could be months before a threatened shutdown of U.S. meat plants would occur because of a furlough of meat inspectors, according to Agriculture Secretary Tom Vilsack.
Vilsack said work rules...
| Apr 14, 2013
Sandra Smith was starting her first day as a sales trader in Chicago.
Leaving her second post-college job at a hedge fund in New York, she was back in the city where she grew up and where several members of her family had worked in the financial trading...