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Chicago Mercantile Exchange Holdings, Inc. (CME Holdings) operates as a futures exchange in the United States for the trading of futures and options on futures. CME Holdings offers trade futures contracts and options on futures contracts on interest rates; equity indexes; foreign exchange; and commodities, including cattle, hogs, pork bellies, lumber, weather, and dairy products. These products provide a means for hedging, speculation, and asset allocation relating to the risks associated with interest rate sensitive instruments, equity ownership, changes in the value of foreign currency, and changes in the prices of commodity products. The company also develops new products and product line extensions based on research and development in collaboration with its customers and financial services firms. It offers E-mini versions of its open outcry-traded futures contracts, E-mini S&P 500, E-mini NASDAQ-100, E-mini Russell 1000, E-mini Russell 2000, E-mini S&P MidCap 400, and E-mini NASDAQ Composite. In addition, CME Holdings sells its market data, which includes information about bids, offers, trades, and trade size to banks, broker-dealers, pension funds, investment companies, mutual funds, insurance companies, individual investors, and other financial services companies or organizations. Further, the company owns and operates clearing house that clears, settles, and guarantees the performance of all transactions matched through its execution facilities; as well as provides various services, including transaction processing and position management, cross-margining and mutual offset services, market protection and risk management; settlement, collateral, and delivery services; and investment services. CME HoldingsĀ customers include professional traders, financial institutions, institutional and individual investors, corporations, manufacturers, producers, supranational entities, and governments. The company was organized in 1898 and is headquartered in Chicago, Illinois.
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