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Cme Group

Is Saudi Arabia's Trojan Horse Spiking Gasoline Prices Americans Are Paying at the Pump?

Raymond J. Learsy | Posted 08.31.2013 | Business
Raymond J. Learsy

If the nation is benefiting so handsomely from its newly developed riches in natural gas, why have similar developments in the spectrum of oil production not resulted in a comparable impact?

FTC to Probe Oil Price Fixing. Saying So Doesn't Make It So

Raymond J. Learsy | Posted 08.25.2013 | Business
Raymond J. Learsy

Certainly the FTC has its work laid out. The big question now is will they follow through or go the way of the "Oil/Gas Pricing Fraud Panel" of April 2011 from which we have yet to hear a single note?

D.M. Levine

Lawsuit Claims CME Group Favors High-Frequency Trading Machines Over Humans | D.M. Levine | Posted 06.26.2012 | Business

A small band of humans is fighting what it warns is the rise of the machines in financial markets. A group of two dozen brokers and traders has sue...

Lessons From the One Percent: What We Learned at the CME Group Annual Meeting

Elizabeth Parisian | Posted 08.05.2012 | Chicago
Elizabeth Parisian

Last week, I joined a group of about 60 99 percent CME Group shareholders to attend CME's annual meeting. Our mission? To share personal stories of how corporate welfare has devastated our families and communities.

Commodity Exchanges Prime the Pump for Higher Oil/Gasoline Prices

Raymond J. Learsy | Posted 07.31.2012 | Business
Raymond J. Learsy

Maybe we should all send our next gas station tab to the good folks at CME headquarters in Chicago. Surely they protest too much.

Regulaor: 'Corzine Rule' Will Start 'Restoring Public Confidence'

Reuters | Posted 07.29.2012 | Business

CHICAGO, May 29 (Reuters) - Futures brokers would need to get approval from a top executive before making big withdrawals from customer accounts und...

Saki Knafo

Protestors Take On The Chicago Mercantile Exchange, 15 Arrested | Saki Knafo | Posted 05.23.2012 | Chicago

Just days after thousands of protesters descended on Chicago to rally against the North Atlantic Treaty Organization, 15 people were arrested outside ...

A Can't-Miss Season Finale: The 99 Percent Takes on the CME

Elizabeth Parisian | Posted 07.22.2012 | Chicago
Elizabeth Parisian

The millions of dollars per year CME Group is siphoning out of the Illinois state budget makes us, the working people of Chicago and Illinois, its majority shareholders.

Floor Traders Upset Over CME Group's Changes

Gino Vicci | Posted 07.18.2012 | Chicago
Gino Vicci

Amid pressure from the nation's largest grain association and "significant feedback," the CME Group Inc. backed off a proposed plan to extend trading hours in grain futures and options, but only by one hour.

CME Group's Biggest Victim: What the Merc's Tax Breaks Are Doing to the State Budget, and Why It Matters

Elizabeth Parisian | Posted 07.16.2012 | Chicago
Elizabeth Parisian

The Great Recession caused the largest collapse in state revenues on record -- which resulted in record cuts to state budgets and new depths of pain for struggling families.

The Most Powerful Company You've Never Heard of: Meet CME Group

Elizabeth Parisian | Posted 07.04.2012 | Chicago
Elizabeth Parisian

Given both its immense power and its history, we would be wise to keep an eye on CME Group. There has never been a better time to stand up to this powerful company and demand that it give our money back.

President Obama Speaks and the Oil Speculators React

Raymond J. Learsy | Posted 06.24.2012 | Business
Raymond J. Learsy

Natural gas, as traded today on U.S. exchanges, is a uniquely isolated American commodity and any attempt at influencing its price, overt or otherwise, would fall under the purview of the nation's anti-trust laws and its stated prohibitions to all manner of collusion.

Occupy Chicago Takes the Spring

Mark Cassello | Posted 06.11.2012 | Chicago
Mark Cassello

Saturday, April 7, 2012 marked Occupy Chicago's official reemergence after a milder than expected winter with a citywide day of action, known as "Take the Spring."

Occupy Chicago Ready for a Spring of Discontent

Mark Cassello | Posted 06.05.2012 | Chicago
Mark Cassello

A confluence of events will make Chicago the national and perhaps worldwide hub of the Occupy Movement through the spring. Welcome to the Chicago Spring.

Mic Check! Chicago's 99% Follows the Money -- and the Merc -- to Houston

Elizabeth Parisian | Posted 05.29.2012 | Chicago
Elizabeth Parisian

Craig Donohue of CME didn't seem to mind the public spotlight when drumming up support for millions in tax breaks. But he was somewhat less enthusiastic when Chicago's 99% shone a not-so-flattering spotlight on CME from 1,000 miles away.

Marcus Baram

MF Global's Regulator Says Oversight Was 'Flawless' | Marcus Baram | Posted 02.03.2012 | Business

The hubris of financial industry titans truly knows no bounds. The chairman of the derivatives exchange that had oversight of bankrupt hedge fund M...

CME Group, Other Firms Reject $34 Million In City Subsidies

Posted 01.31.2012 | Chicago

On the same day Mayor Rahm Emanuel announced reforms he says will improve the accountability and transparency of the city's controversial tax incremen...

Jen Sabella

CME Group's 'Golden Toilet'? Budget Cuts Renew Anger About Chicago TIFs | Jen Sabella | Posted 01.25.2012 | Chicago

CHICAGO -- On Tuesday morning, a group of about 50 protesters gathered at the Board of Trade -- home of the CME Group -- to deliver a "golden toilet" ...

CEO Says He's 'Embarrassed' To Live In Illinois After Getting Big Tax Break

Posted 01.11.2012 | Chicago

Illinois lawmakers have already expressed frustration with Sears about their decision to close 120 stores across the country after the state approved ...

CME Group Dumps Charity in 2012

David Ormsby | Posted 02.20.2012 | Chicago
David Ormsby

In lobbying Illinois lawmakers for tax breaks, CME cited its charitable giving to lawmakers as a talking point in their favor. It was clearly a misleading talking point.

The CME Insult to Millions of Families, Including Mine

Ashley Moy-Wooten | Posted 02.14.2012 | Chicago
Ashley Moy-Wooten

My family is also one of the millions fighting foreclosure. $350 million for the CME and Sears, while millions of us are fighting just to keep our homes. What a slap in the face.

Was Corzine Aware Of His Company Misusing Customer Funds?

Posted 12.14.2011 | Business

(Alexandra Alper and Aruna Viswanatha) - The regulatory arm of CME Group has turned over interviews to the Justice Department that allege former MF Gl...

SB 397 Poised to Give $100 Million Handout to Wealthiest Corporations in Illinois

Mark Cassello | Posted 01.28.2012 | Chicago
Mark Cassello

Unless a groundswell of public outrage besieges representatives in Springfield tomorrow, the Illinois State Legislature is likely to approve an enormous tax carve-out designed to benefit two of the most profitable companies in the state.

Quinn: Ohio Offers Sears $400 Million To Leave Illinois

Posted 11.21.2011 | Chicago

With the Illinois state legislature still deliberating a tax incentive package to lure both Sears Holdings Corp. and the CME Group to keep their opera...

MF Global Trustee Trying To Recoup $520 Million In Client Cash

Posted 11.16.2011 | Business

The trustee overseeing the bankruptcy of MF Global filed on Tuesday for permission to release 60 percent of the near $900 million in client cash that ...