Latest news with #CMEGroup
Yahoo
2 hours ago
- Business
- Yahoo
CME Group Announces Record Volume, Open Interest Across Battery Metals Complex
CHICAGO, June 2, 2025 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced record volume and open interest across its battery metals complex. A total of 2,587 contracts were traded across battery metals futures and options on May 29, surpassing the previous record of 2,301 contracts set on February 11, 2025. Combined open interest also reached an all-time high of 64,387 contracts. "CME Group is the venue of choice for managing global battery metals risk," said Jin Hennig, Managing Director and Global Head of Metals at CME Group. "These new records were driven by our benchmark Lithium Hydroxide and Cobalt Metal futures, which each reached over 1,000 contracts traded on a single day for the first time. We are also seeing strong growth in commercial users, helping to attract a broader range of participants and further enhancing price discovery in these critical markets." CME Group offers market participants the widest range of battery metals products. Across the complex, all 10 of the top 10 volume days have occurred this year, with average daily volume year-to-date at 837 contracts, up 100% from last year. CME Group's battery metals suite includes Lithium Hydroxide futures and options, Lithium Carbonate futures, Cobalt Metal futures and options, Cobalt Hydroxide futures and Spodumene futures, which are listed by and subject to the rules of COMEX. For more information, please visit here. As the world's leading derivatives marketplace, CME Group ( enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing. CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec is a trademark of BrokerTec Americas LLC and EBS is a trademark of EBS Group LTD. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("S&P DJI"). "S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are trademarks of Standard & Poor's Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners. CME-G View original content: SOURCE CME Group
Yahoo
3 hours ago
- Business
- Yahoo
CME Group Berhad Second Quarter 2025 Earnings: EPS: RM0.007 (vs RM0.001 loss in 2Q 2024)
Revenue: RM12.1m (up 2.4% from 2Q 2024). Net income: RM7.19m (up from RM1.26m loss in 2Q 2024). Profit margin: 59% (up from net loss in 2Q 2024). EPS: RM0.007 (up from RM0.001 loss in 2Q 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period CME Group Berhad's share price is broadly unchanged from a week ago. It's necessary to consider the ever-present spectre of investment risk. We've identified 5 warning signs with CME Group Berhad (at least 3 which are concerning), and understanding these should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
10 hours ago
- Business
- Time of India
Carry trades take off again as EM currencies rally
'We think funding emerging-market longs out of US dollars is the most sensible at this point,' said Anthony Kettle, the firm's senior portfolio manager in London. Emerging market carry trades gain momentum. Currency volatility decreases amid signs of easing US tariffs. An index of carry returns reached a seven-year high in late May. Asset managers increased long positions in developing-nation currencies. The Mexican peso saw a nine-month high. JPMorgan Chase's gauge of global currency volatility dropped. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Emerging market carry trades are taking off again, as currency volatility subsides amid signs US president Donald Trump's aggressive tariffs may not get fully index of carry returns hit a seven-year high in late managers have boosted long positions in developing-nation currencies in recent weeks, with those on Mexico's peso reaching a nine-month high, based on CME Group data.A gauge of global currency volatility compiled by JPMorgan Chase dropped to 8.7% on Friday from as high as 11% in early April. Pictet's Yigitbasioglu said his favorite carry-trade targets include the Chilean peso and South Korean won, which is likely to appreciate after the country elects a new president on June carry trade has been generating an increasing number of headlines recently in Asia. The Taiwan dollar surged in early May as gains in the currency led to a rush to exit positions using it as a funding Hong Kong dollar slid to the weak end of its trading band in late May as falling local interest rates led traders to use the currency as a funding outlook for further monetary-policy easing in China means the yuan too 'is becoming a very attractive funding currency,' said Ju Wang, head of Greater China foreign-exchange & rates strategy at BNP Paribas SA in Hong inflation in many emerging-market economies means that real yields on their bonds are relatively attractive. That's one reason why Brazil's real features high on the list of attractive longs at Goldman Sachs Group Inc., and ING Groep Ltd. sees the current global environment as beneficial for carry trades, with its preferred funding currencies being the euro and the dollar.'There's probably some downside to euro until June, so I'm happy to use it as a funder for now,' said Wim Vandenhoeck, a senior portfolio manager at the firm in New York, referring to his tactical trade of going long the South African rand. He also has positions favoring the Brazilian real and Turkish lira funded in dollars, he drawback of borrowing the dollar to fund carry trades is the fact US interest rates are relatively high. But the prospect of further dollar weakness means a number of high-yielding currencies in Latin America may perform well, according to RBC BlueBay Asset Management.'We think funding emerging-market longs out of US dollars is the most sensible at this point,' said Anthony Kettle, the firm's senior portfolio manager in London.
Economic Times
10 hours ago
- Business
- Economic Times
Carry trades take off again as EM currencies rally
'We think funding emerging-market longs out of US dollars is the most sensible at this point,' said Anthony Kettle, the firm's senior portfolio manager in London. Emerging market carry trades gain momentum. Currency volatility decreases amid signs of easing US tariffs. An index of carry returns reached a seven-year high in late May. Asset managers increased long positions in developing-nation currencies. The Mexican peso saw a nine-month high. JPMorgan Chase's gauge of global currency volatility dropped. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Emerging market carry trades are taking off again, as currency volatility subsides amid signs US president Donald Trump's aggressive tariffs may not get fully index of carry returns hit a seven-year high in late managers have boosted long positions in developing-nation currencies in recent weeks, with those on Mexico's peso reaching a nine-month high, based on CME Group data.A gauge of global currency volatility compiled by JPMorgan Chase dropped to 8.7% on Friday from as high as 11% in early April. Pictet's Yigitbasioglu said his favorite carry-trade targets include the Chilean peso and South Korean won, which is likely to appreciate after the country elects a new president on June carry trade has been generating an increasing number of headlines recently in Asia. The Taiwan dollar surged in early May as gains in the currency led to a rush to exit positions using it as a funding Hong Kong dollar slid to the weak end of its trading band in late May as falling local interest rates led traders to use the currency as a funding outlook for further monetary-policy easing in China means the yuan too 'is becoming a very attractive funding currency,' said Ju Wang, head of Greater China foreign-exchange & rates strategy at BNP Paribas SA in Hong inflation in many emerging-market economies means that real yields on their bonds are relatively attractive. That's one reason why Brazil's real features high on the list of attractive longs at Goldman Sachs Group Inc., and ING Groep Ltd. sees the current global environment as beneficial for carry trades, with its preferred funding currencies being the euro and the dollar.'There's probably some downside to euro until June, so I'm happy to use it as a funder for now,' said Wim Vandenhoeck, a senior portfolio manager at the firm in New York, referring to his tactical trade of going long the South African rand. He also has positions favoring the Brazilian real and Turkish lira funded in dollars, he drawback of borrowing the dollar to fund carry trades is the fact US interest rates are relatively high. But the prospect of further dollar weakness means a number of high-yielding currencies in Latin America may perform well, according to RBC BlueBay Asset Management.'We think funding emerging-market longs out of US dollars is the most sensible at this point,' said Anthony Kettle, the firm's senior portfolio manager in London.
Bloomberg
21 hours ago
- Business
- Bloomberg
Carry Trades Roar Back Into Favor as Emerging Currencies Rally
Emerging market carry trades are taking off again, as currency volatility subsides amid signs President Donald Trump's aggressive tariffs may not get fully enacted. An index of carry returns — for which a trader borrows in a low-yielding currency and then invests in another offering higher returns, hit a seven-year high in late May. Asset managers have boosted long positions in developing-nation currencies in recent weeks, with those on Mexico's peso reaching a nine-month high, based on CME Group Inc. data.
