CME's reorganization was approved by more than 94 percent of the votes cast by shareholders as of a special meeting on Wednesday, Nov. 7. In the reorganization, shareholders of CME automatically became shareholders of CME Holdings.
Currently, CME is the only subsidiary of CME Holdings. The holding company structure is designed to provide CME Holdings with additional strategic and business flexibility.
Chicago Mercantile Exchange Holdings Inc. is the parent company of Chicago Mercantile Exchange Inc. The futures exchange is an international marketplace that brings together buyers and sellers on its trading floors and GLOBEX® around-the-clock electronic trading system. CME offers futures contracts and options on futures primarily in four product areas: interest rates, stock indexes, foreign exchange and commodities.
The exchange moves about $1.5 billion per day in settlement payments and manages $30.1 billion in collateral deposits.