Market Overview

My goal is to be on stage with my computer and let you
see my screen and make sure you know what buttons to
press, where you’re getting in & out, how to calculate
risk, your targets — all of those things.
It’s real-life trading. Make sure you sign up!
- Jerremy Newsome
GET TICKETS

An Outperformer Rating For CME Group (CME)

Share:

A recent research report by analysts Howard Chen, Adam C. Eling and Ashley N. Serrao from Credit Suisse (ADR) (NYSE: CS) has expressed bullish signs on CME Group (NASDAQ: CME).

The company’s announcement that it has reached agreements with a group of leading broker-dealers to participate in its CDS clearing offering, has been taken very positively by Credit Suisse.

While successfully entering the OTC markets has never been an easy mandate for the exchanges, Credit Suisse views commitment from both the sell-side and buy-side community as an important factor in improving the odds of success for CME Group. Credit Suisse also expressed its bullishness owing to CME’s best-in-class clearing and risk management capabilities coupled with the launch of CDS Clearing.

While ICE has established a clear first-mover advantage in CDS clearing, Credit Suisse believes that the market opportunity is significant enough to support multiple offerings.

Posted-In: Adam Eling Ashley Serrao Credit Suisse Howard ChenUpgrades Markets Analyst Ratings

 

Related Articles (CME + CS)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
ORCLMaintains59.0
ORCLMaintains61.0
FDXMaintains200.0
ORCLMaintains59.0
ACNMaintains186.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

PFG’s 2010 Guidance Too Low

Conexant Retires Debt - Analyst Blog