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Investing Glossary:
Chicago Mercantile Exchange (CME)
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Chicago Mercantile Exchange (CME)
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| Definition: |
| A not-for-profit Corporation owned by its members. Its primary functions are to provide a location for Trading futures and options, to collect and disseminate Market information, to maintain a clearing mechanism, and to enforce trading rules. Applies to Derivative products. Primary Place futures (OTC 250 industrial Stock price index, S& P 100 and 500 index) and futures options (S&P 500 stock index) are traded.
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