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Chicago Mercantile Exchange

From Simple English Wikipedia, the free encyclopedia
Chicago Mercantile Exchange
Company typeSubsidiary
IndustryBusiness services
Founded1898; 127 years ago (1898)
HeadquartersChicago, Illinois, U.S.
ProductsFutures and options
ParentCME Group
Websitecmegroup.com

The Chicago Mercantile Exchange (CME; often called "the Chicago Merc", or "the Merc") is an American derivatives marketplace based in Chicago, Illinois, and located at 20 South Wacker Drive.

The CME was founded in 1898 as the Chicago Butter and Egg Board.[1] On August 18, 2008, shareholders approved a merger with the New York Mercantile Exchange (NYMEX) and COMEX.

References

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  1. "CMEgroup.com". Investor.cmegroup.com. Archived from the original on January 16, 2017. Retrieved September 22, 2012.