Showing posts with label futures exchange. Show all posts
Showing posts with label futures exchange. Show all posts

Saturday, March 24, 2012

CME Group (CME) 2012 Review


The CME Group is the largest futures exchange in the US and the largest clearinghouse in the world for trading futures and options on futures. 

The company earns a 6%+ return on equity which is expected to trend back toward its historical 20%+ rate as it amortizes the goodwill it incurred as a result of recent acquisitions; it has grown its earnings and dividends 20-30% over the last five years. That record should continue because: