Is CME Group Stock a Buy?
Market volatility isn't bad for all stocks, and certainly not for all trading instruments. CME Group (NASDAQ: CME) has shown that it can maintain a healthy business even through a down market or a recession -- and grow right along with a booming stock market. In today's pandemic environment, does that make it a sure thing?
The CME Group is a derivatives marketplace, or really a conglomeration of several, and is the leading exchange of its kind. It's the end product of a merger between the the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade, which was previously the largest options trading marketplace. It has since taken over the New York Mercantile Exchange (NYMEX) and the Commodity Exchange (COMEX) as well, and now offers futures, options, and other derivatives trading.
The company now offers all of its services online and has a range of digital tools to help members and investors make the most of its products.
Source Fool.com
