CME Overview: Long Track Record of Innovation
First
financial
futures:
Foreign
Exchange
First
cash-settled
futures:
Eurodollars
First
successful
equity index
futures:
S&P 500?
First global
after-hours
electronic
trading
system:
GLOBEX?
E-mini?
S&P 500
Index futures
First U.S.
financial
exchange to
demutualize
1970
2002
Revenue
($ in millions)
$4M
$453M
Revenue CAGR ‘70 – ‘00: 14%
Revenue CAGR ‘00 – ‘02: 41%
First IPO of
A U.S.
financial
exchange
$403M
2003
YTD
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