- Over-the-counter derivatives will become as tightly regulated as exchange-traded products in one of the biggest regulatory reforms in U.S. history, if Gary Gensler, new chairman of the Commodity Futures Trading Commission, gets his way.
Stocks to Watch This Week – Expedia Group, IncGo to article >>
- CME Group has reported a 10% increase in revenues in the quarter ended June 30, The Wall Street Journal reports. Earnings for the period were up from last year’s $201.2 million, to $221.8 million. Revenue increased 15% to $647.8 million, and its operating margin rose to 61.6% from 61%. The exchange said the revival in stock markets and more liquidity in derivatives markets helped boost June volumes in interest rates, foreign exchange and agriculture contracts.