Now trading at 75% below it's 52 I think it's time to dip into a great one.
http://www.cme.com/
Chicago Mercantile Profit Rises 42% on Trading Record (Update1)
Chicago Mercantile Exchange's profit jumps 42%
RPT-Shareholders to CME: Do what it takes on CBOT deal
Chicago Mercantile Exchange Holdings Inc. (CME) is engaged in futures exchange in the United States, for the trading of futures contracts and options on futures contracts, called derivatives. The Company posted trading volume of 1.3 billion contracts during the year ended December 31, 2006. In 2006, CME’s customers, who include its members, traded futures contracts and options on futures contracts with an underlying value of $824 trillion. As of December 31, 2006, its open interest record was 52.5 million contracts set on September 14, 2006. Open interest is the number of outstanding contracts at the close of the trading day at the exchange and is an indicator of liquidity. CME’s products provide a means for hedging, speculation and asset allocation relating to the risks associated with, among other things, interest rate sensitive instruments, equity ownership, changes in the value of foreign currency and changes in the prices of commodities.
$521.98999 (04/27/07)
