CME - Phyllis M Lockett Of CME Gr Shows Optimism Buys $145K In Stock | Benzinga
It was revealed in a recent SEC filing that Phyllis M Lockett, Board Member at CME Gr (NASDAQ:CME) made a noteworthy insider purchase on June 27,.
What Happened: Lockett's recent move, as outlined in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, involves purchasing 748 shares of CME Gr. The total transaction value is $145,186.
Tracking the Thursday's morning session, CME Gr shares are trading at $195.63, showing a up of 0.22%.
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 collateral optimization.