Search results
For more information or assistance, contact the Clearing support team and we’ll get back to you as soon as possible. CUSTOMER SUPPORT. Connect with the right team contact worldwide, in the Global Command Center. U.S. +1 312 207 2525. APAC. +65 6593 5591. EMEA. +44 20 3379 3198.
- What is Clearing
CME Clearing collects performance bonds (initial margin) on...
- Services
Technology Vendor Services. Browse a comprehensive directory...
- What is Clearing
CME Clearing collects performance bonds (initial margin) on a daily basis, collateralizing the risk of potential future losses on positions and performs daily mark-to-market of all open positions to eliminate the accumulation of debt obligations in the market. Performance bonds are good-faith deposits to guaranty performance of open positions ...
As a central counterparty, CME Clearing acts as the buyer to every seller and seller to every buyer to ensure the financial security of the marketplace and reduce clearing participants counterparty risk and achieve operational and financial efficiency. Gain an understanding of how the Clearing market structure is defined, risk management policies and procedures, and the activities of CME Clearing.
Technology Vendor Services. Browse a comprehensive directory of technology vendors that provide market data access, hosting and connectivity services. Explore dynamic technology services designed to optimize every facet of the trading workflow, from clearing to risk management to margin calculations.
- What Is Globex?
- Understanding Globex
- The Development of Globex
Globex is an electronic trading platform—the first of its kind when it launched in 1992—used for derivatives like futures, options, and commodity contracts across a wide range of asset classes. Developed for the Chicago Mercantile Exchange(CME), CME Globex (as it is officially known) operates continuously, unrestricted by geographic borders or time...
Globex is an open-access marketplace, operating nearly 24 hours a day, from Sunday evening through late Friday afternoon, which allows participants to directly trade and view orders, prices, and other data in real-time. To access Globex, customers must have a CME Group clearing firm relationship and CME Group-certified trading application. CME Grou...
According to "Twenty Years of CME Globex," a 2012 CME Group report, the idea for Globex first arose in 1987, as a “low-impact means of providing after-hours market coverage" for futures and options trading. The platform finally launched on June 25, 1992, running off of technology and network infrastructure used by the news and wire service Reuters....
- Troy Segal
Dec 9, 2020 · Let’s take a closer look at each of these clearing technology platforms. CME Globex – The CME Globex is an electronic trading platform. Traders can get access to a myriad of futures and options data via this platform. This includes accessing real-time price data, and executing orders.
People also ask
What is CME Clearing?
What is CME Clearport and how does it function?
What Clearing technology platforms are available at the Chicago Mercantile Exchange?
What is CME Globex and CME Clearport?
What services does CME Group offer?
When did CME start trading floor-based?
CME Clearing is the largest derivatives clearing house in the world, guaranteeing all contracts traded on the CME Globex platform. The history of floor-based trading at CME dates back to 1898 with the founding of the Chicago Butter and Egg Board. It wasn’t until 1919 that the company changed its name to the Chicago Mercantile Exchange.
