Speaking at the exchange's AGM last week, Chicago Mercantile Exchange (CME) executives told shareholders that the exchange has taken top spot in global futures market share and revealed new plans to expand further in Asia.
Meanwhile, the exchange's cash reserves continued to grow, remaining significantly over $1bn. CME has come under pressure from analysts to use its cash pile for growth, likely through acquisition, or return it to shareholders. There has, however, been little activity to date.
In a cordial meeting, CME executives touted the exchange's accomplishments including its 34% market share among the top four...