CME Europe said it is eyeing growth as it passed first anniversary this week
The CME Group has spoken out for the first
time about the threat of Nasdaq's planned energy futures,
claiming the Nasdaq Futures Exchange is not sufficiently
different from what the CME already does to be sure of
Derek Sammann, head of commodities and
options products at the CME Group, said NFX is the latest in a
long list of exchanges that have tried to move in on CME's core
had no shortage of exchanges come in and try to look at a
'me-too' approach to copying our listed products and our
competitor’s listed products and what we have
found is that unless your solving a specific customer problem
or creating a solution for a pain point or bottleneck in the
operational margin side of the equation then
you’ve got a tough call," said Sammann.
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