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Terrence A. Duffy serves as Chairman and Chief Executive Officer of CME Group. He is responsible for overseeing the worlds leading and most diverse derivatives marketplace. In 2023, CME Group reported record average daily volume of 24.4 million contracts.
The New York Mercantile Exchange (NYMEX) is a commodity futures exchange located in Manhattan, New York City. It is owned by CME Group, one of the largest futures exchanges in the world. CME Group also runs the Chicago Mercantile Exchange and Chicago Board of Trade.
and the New York Mercantile Exchange (NYMEX) created the worlds largest physical futures trading exchange, where it is still known as COMEX. COMEX physically operates out of the World Financial Center in Manhattan and is a division of the Chicago Mercantile Exchange (CME).
While they share many similarities, there are some key differences between them. The CBOT focuses more on agricultural commodities and interest rate products, while the CME has a larger presence in equity index products and foreign exchange.
The Merc demutualized in November 2000, went public in December 2002, and merged with the Chicago Board of Trade in July 2007 to become a designated contract market of the CME Group Inc., which operates both markets.
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Today, the Chicago Board of Trade is part of the Chicago Mercantile Exchange (CME) Group. The Chicago Mercantile Exchange Group is the worlds leading and most diverse derivatives marketplace, made up of four exchanges: The Chicago Mercantile Exchange (CME) The Chicago Board of Trade (CBOT)

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