CME - CME Gr Board Member Makes $145K Stock Purchase | Benzinga
A new SEC filing reveals that Kathryn Benesh, Board Member at CME Gr (NASDAQ:CME), made a notable insider purchase on June 27,.
What Happened: In a recent Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, Benesh increased their investment in CME Gr by purchasing 748 shares through open-market transactions, signaling confidence in the company's potential. The total transaction value is $145,186.
CME Gr shares are trading up 0.22% at $195.63 at the time of this writing on Thursday morning.
Get to Know CME Gr Better
Based in Chicago, CME Group operates exchanges giving investors, suppliers, and businesses the ability to trade futures and derivatives based on interest rates, equity indexes, foreign currencies, energy, metals, and commodities. The CME was founded in 1898 and in 2002 completed its initial public offering. Since then, CME Group has consolidated parts of the industry by merging with crosstown rival, CBOT Holdings in 2007 before acquiring Nymex Holdings in 2008 and NEX in 2018. In addition, the company has a 27% stake in S&P Dow Jones Indices, making the Chicago Mercantile Exchange the exclusive venue to trade and clear S&P futures contracts. Through CME's acquisition of NEX in 2018, it has also expanded into cash foreign exchange, fixed income trading, and ...