CME Group Inc was founded in 1898 as a not-for-profit corporation in the state of Delaware. The Company through its futures exchanges and clearing houses, serves the risk management & investment needs of customers by offering products like futures and options, foreign exchange, energy, agricultural commodities, metals, weather derivatives and real estate. Its products include exchange-traded and over-the-counter derivatives. It brings buyers and sellers together through its CME Globex electronic trading platform across the globe and its open outcry trading facilities in Chicago, New York City & Kansas City and provides hosting, connectivity and customer support for electronic trading through co-location services. Its CME Direct technology offers side-by-side trading of exchange-listed and over-the-counter markets. It also provides clearing and settlement services for exchange-traded contracts, as well as for cleared over-the-counter derivatives transactions. Finally, it offers market data services including live quotes, delayed quotes, market reports and a comprehensive historical data service. Its customer base includes professional traders, financial institutions, institutional and individual investors, corporations, manufacturers, producers and governments. Its customers can access CME Globex trading platform internationally. Customers may be members of one or more of its CME, CBOT, NYMEX or COMEX exchanges. The industry in which the Company operates is competitive and expects competition to continue to intensify, especially in light of the enactment of the Dodd-Frank Act. Its operation of futures exchanges is subject to regulation by the CFTC under its principles-based approach which requires that its exchange subsidiaries satisfy the requirements of certain core principles relating to the operation and oversight of its markets and clearing house.
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