What Does the Fed Interest Rate Hike Mean for CME Group?

What Does the Fed Interest Rate Hike Mean for CME Group?

The reverse tends to happen when stock prices fall as a class of investors stays away from the markets. Ironically, a bond bear market might be the best news for CME Group (NASDAQ: CME), the dominant player in interest rate derivatives. CME Group is comprised of several exchanges, including the Chicago Mercantile Exchange, the Chicago Board of Trade, the New York Mercantile Exchange, and the Commodity Exchange.