Tag: Chicago Mercantile Exchange

CME (Buy) – A Capital Light, Unregulated Quasi-Monopoly

CME operates a derivative exchange that allows the trading of futures and options contracts (although has recently expanded into cash trading) for a variety of asset classes including interest rates, stock indices, energy, agricultural commodities, precious metals and foreign exchange. There are two core competitive advantages that CME benefits from, underpinning compounding earnings growth over […]