CME Group Inc

  • Special Situation Among Exchanges

    By Mike Thiessen - April 16, 2013 | Tickers: CME 130518C00060000, ICE, NYX

    Intercontinental Exchange (NYSE: ICE) entered into an agreement to merge with NYSE Euronext (NYSE: NYX) in December. The deal is on track but still has some regulatory hurdles to overcome. In addition to potential benefits from the merger, ICE’s exposure to interest rate swaps can also lead to increased earnings power going forward.

    Acquisition of NYSE Euronext

    On the 4Q12 earnings call, management provided an update on the status more »

  • Recent Acquisitions Mask These Companies' Earning Power

    By Ted Cooper - April 15, 2013 | Tickers: CME 130518C00060000, ICE, NDAQ

    Consolidation among financial exchanges has changed the industry landscape. When one exchange tried to merge with another, the floodgates were opened and each company tried to get as big as possible so that they could remain competitive with the mega-exchanges.

    For instance, CME Group (NASDAQ: CME) acquired CBOT and Nymex at rich valuations, while IntercontinentialExchange (NYSE: ICE) merged with NYSE Euronext. Meanwhile, Nasdaq acquired OMX to form NASDAQ OMX Group more »

  • What's the Trade for This Trader?

    By Marshall Hargrave - April 7, 2013 | Tickers: CBOE, CME 130518C00060000, ICE, NDAQ, NYX

    Investors in NASDAQ OMX Group (NASDAQ: NDAQ) took a big hit this week, with the stock sinking almost 14% on the news that the trading platform company will purchase eSpeed. The company plans to shell out $750 million in cash plus another $450 million in contingent stock issuances to buy the U.S. Treasury electronic-based trading unit, eSpeed, from BGC Partners. 

    However, are the long-term benefits outweighing the short-term pressures more »

  • 5 High Dividend Financials With Booming Hedge Fund Sentiment

    By Meena Krishnamsetty - March 14, 2013 | Tickers: AVB, BBT, CME 130518C00060000, EQR, HCP

    U.S. lawmakers are faced with the difficult task of sustaining an economic recovery while creating a viable deficit reduction strategy to position the country for the future. The resultant uncertainty of the present economic climate, as well as fears of an increase in capital gains and dividend income taxation, have added to the turbulence of the financial sector. In the last four years, financials have borne the brunt of more »

  • Hedge Fund BlueCrest Capital’s Key Picks for 2013

    By Meena Krishnamsetty - March 6, 2013 | Tickers: AGO, CME 130518C00060000, LPX, RRC, SZYM

    Some investors view hedge funds as slow, underperforming financial vehicles of yesteryear, which is a grave misconception. For those who have known where to look, there have been ways to beat the market by focusing on the best picks of the best fund managers. At Insider Monkey, we track 450 of the industry's 8,000-plus funds, and our small-cap strategy beat the market by 18% a year for more more »

  • Is NASDAQ Cheap?

    By Anh HOANG - February 21, 2013 | Tickers: CME 130518C00060000, NDAQ, NYX

    Recently, a famous private equity fund, Carlyle Group, entered discussions with NASDAQ OMX Group (NASDAQ: NDAQ) to discuss taking the exchange company private. However, the deal fell apart because the two parties couldn’t agree with each other on the buyout price. Since the middle of 2012, NASDAQ’s share price has experienced quite a sweet rise, from $22 per share to more than $31 per share. Is NASDAQ a more »

  • Did Mr. Buffett Really Want the NYSE?

    By Robert Hanley - February 5, 2013 | Tickers: CME 130518C00060000, ICE, NYX

    Media outlets recently reported that Berkshire Hathaway made a bid for NYSE Euronext (NYSE: NYX) last year.  The owner of the iconic New York Stock Exchange ended up being acquired by IntercontinentalExchange (NYSE: ICE) in December 2012 for roughly $8.2 billion.  The acquisition is the latest in a string of purchases for Intercontinental, as it seeks to increase market share against rival CME Group (NASDAQ: CME), the owner of more »

  • CME Group: Will Futures Keep Gaining Popularity?

    By Matthew Frankel - February 1, 2013 | Tickers: CME 130518C00060000, ICE, NDAQ

    The largest futures exchange in the world, CME Group (NASDAQ: CME) came to be in 2007, when the Chicago Mercantile Exchange and CBOT holdings merged.  Anyone who invests regularly (or watches CNBC, for that matter) can tell you how relevant futures and options have become over the past decade or so.  All of the major discount brokerages have begun offering futures trading to those clients who are adventurous enough to more »

  • The Merging of Exchange Powerhouses

    By Mike Thiessen - January 28, 2013 | Tickers: CME 130518C00060000, ICE, NYX

    In a December 20, 2012 announcement, commodities exchange powerhouse IntercontinentalExchange (NYSE: ICE) announced its formal intention to purchase New York Stock Exchange operator NYSE EuroNext (NYSE: NYX) for approximately $8.2 billion. The complicated cash-and-stock deal offer provides current NYSE shareholders with three distinct options. Each option values NYSE EuroNext at about $33.12 per share. Although such a high-profile merger will certainly attract regulatory scrutiny, it appears that this more »

  • Looking to the Mid-Cap Financials For Value

    By Ash Anderson - January 8, 2013 | Tickers: CME 130518C00060000, HBAN, TROW

    Want to get into the financial sector for a long time to come? Great! You don't have to jump feet first into Bank of America or even Citi, instead, I'd recommend that you set your sights a little lower, maybe by looking at the mid-cap financials. 

    Financials are a tricky area to get into, there’s no doubting that. Navigating your way through the leverage, huge asset numbers more »

  • Hedge Fund Manager Ricky Sandler’s Top Stock Picks

    By Meena Krishnamsetty - January 2, 2013 | Tickers: CME 130518C00060000, EBAY, GOOG, TMO, TYC

    Ricky Sandler founded Eminence Capital in 1998, at the age of 30. That wasn’t even his first stint as a hedge fund manager; he and Wayne Cooperman had previously co-founded Fusion Partners, though the two soon found that they could not coexist as investors. Sandler is a CFA charterholder and a graduate of the University of Wisconsin. Eminence now has about $3.6 billion in assets under management.

    Sandler more »

  • Exchange Merger Mania!

    By aakanksha patodia - December 31, 2012 | Tickers: CME 130518C00060000, ICE, NYX

    In October 2012, Jeff Sprecher, chief executive of upstart IntercontinentalExchange (NYSE: ICE), approached NYSE Euronext (NYSE: NYX) CEO Duncan Niederauer with a modest proposal to team up on clearing trades in London.

    As the men continued talking, Sprecher grew bolder, instead suggesting that ICE buy NYSE in what became an $8.2 billion (5 billion pounds) deal announced on Dec. 20.

    The deal will link up the two most powerful more »

  • One Great Merger-Arbitrage Opportunity

    By Meena Krishnamsetty - December 21, 2012 | Tickers: CBOE, CME 130518C00060000, ICE, NDAQ, NYX

    NYSE Euronext (NYSE: NYX) is up over 35% this year on the news that IntercontinentalExchange (NYSE: ICE) will buy the trading solutions company for $8.2 billion or $33.12 per share. With the NYSE's stock trading at only $32.20, there appears to be a merger-arbitrage opportunity. Merger-arbitrage is a strategy commonly employed by hedge funds when there is reasonable certainty that a deal will close. Assuming it more »

  • Currency Wars Heat Up

    By Peter Pham - May 29, 2012 | Tickers: CME 130518C00060000, FXY, ICE, GLD | Editor's Choice

    I don’t know about you but to me events seem to be accelerating as we hurtle along toward what feels like another crisis point.  These are historic times we are living through as the global monetary system undergoes realignment.  The last time something like this happened World Wars I and II were fought and the global banking system moved its center from London to New York.

    Some of the more »

  • Large-cap Stocks Insiders are Buying

    By Meena Krishnamsetty - May 11, 2012 | Tickers: CME 130518C00060000, KO, GE, HES

    Focusing on stocks with large insider purchases is always a good starting point to choose stocks to be analyzed. On average, these stocks are more likely to outperform the market in the short term –and the reason is simple. Insiders are more knowledgeable and experienced about their companies and industries than your average investor. Additionally, their income is usually highly correlated with the company’s performance, so if they increase more »

  • Is the CME Group Undervalued?

    By Robert Fisher - January 28, 2012 | Tickers: CME 130518C00060000, ICE, NDAQ, NYX

    It is hard to get a handle on why the share value of the CME Group (NASDAQ: CME) has been in a year-long slide. The spectacular blowup and bankruptcy of MF Global during the last two months of 2011 do not help the perception of the futures markets, but the CME share value had been in a general decline for 11 months prior to that event. The CME Group is more »

  • My Favorite Financial Stock Picks For 2012

    By DividendYields - December 22, 2011 | Tickers: NLY, BBD, BRK-A, BLK, COF, CME 130518C00060000, DFS, PNC, WFC, WBK

    Every yearend, I ask myself what kind of stocks I should buy for the next year in order to make some capital gains. Here is a nice list of large capitalized stocks from the financial sector with an interesting market valuation, a great past growth performance, as well as a good earnings situation. Such stocks have a forward price to earnings ratio of less than 15, a sales growth over more »