Cme Group Stock Intrinsic Value – CME Group to Launch Crypto Ratio Futures as Cboe Eyes Fidelity’s Spot BTC ETF

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CME ($NASDAQ:CME) Group, one of the world’s leading derivatives marketplaces, is set to launch crypto ETH/BTC ratio futures on July 31,2023. This new launch reflects the increasing demand for cryptocurrency products and the growing interest in investing in digital assets. This announcement also comes amid reports of Cboe closely monitoring Fidelity’s proposed spot BTC ETF, which seeks to increase crypto-related investment opportunities for institutional and retail investors.

It offers a wide range of products, including futures and options on various commodities, foreign exchange, equity indices, interest rates, and more. The group also provides valuable tools and resources to help its clients manage risk and make informed investment decisions.

Price History

On Thursday, CME Group, one of the world’s leading derivatives exchanges, opened its stock at $183.2 and closed at $183.4, an increase of 0.1% from its previous closing price of $183.1. This comes as the company prepares to launch its Crypto Ratio Futures suite, a combination of one Bitcoin and one Ether futures contract. The move is part of CME’s broader initiative to bring digital asset derivatives to the market. The launch of this product comes at a time when Cboe is looking into Fidelity Investments’ proposed Bitcoin exchange-traded fund (ETF), which would be the first of its kind in the US. If approved, the ETF could open the door to further mainstream acceptance of Bitcoin and other digital assets. This could potentially have a positive effect on CME Group’s Crypto Ratio Futures product, as the increased demand for cryptocurrencies could drive more traffic to their platform. It remains to be seen what effect these developments will have on CME’s standing in the digital asset industry.

However, with CME Group continuing to make strides in digital asset derivatives, investors can rest assured that the company is in an advantageous position to capitalize on any new opportunities that may arise in the near future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Cme Group. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Cme Group. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Cme Group. More…

Key Ratios Snapshot

Some of the financial key ratios for Cme Group are shown below. More…

Analysis – Cme Group Stock Intrinsic Value

As part of our analysis, GoodWhale performed a comprehensive wellbeing assessment of CME GROUP to gain further insight into the fair value of its shares. After assessing the company’s financials and market fundamentals, we calculated the fair value of CME GROUP at around $234.7 using our proprietary Valuation Line. At the time of writing, the stock is being traded at just $183.4, which is 21.9% undervalued. This presents an opportunity for those interested in investing in this stock to potentially benefit from an upside potential. More…

Peers

CME Group Inc is a Chicago-based financial markets company. It is the largest futures exchange in the world by trading volume and average daily volume, and operates the largest options exchange. CME Group also owns and operates the New York Mercantile Exchange, the Chicago Board of Trade, the Chicago Stock Exchange, and the Dow Jones-UBS Commodity Index. CME Group competes with TMX Group Ltd, MarketAxess Holdings Inc, Global Brokerage Inc, and other financial markets companies.

– TMX Group Ltd ($TSX:X)

TMX Group Ltd is a Canadian financial services company that operates exchanges for multiple asset classes including equities, fixed income, derivatives, and energy. The company also provides clearing and settlement services for financial instruments. TMX Group Ltd has a market cap of 7.19B as of 2022 and a Return on Equity of 13.93%. The company’s main exchanges are the Toronto Stock Exchange, the TSX Venture Exchange, the Montreal Exchange, and the NGX Exchange.

– MarketAxess Holdings Inc ($NASDAQ:MKTX)

As of 2022, MarketAxess Holdings Inc has a market cap of 8.79B and a Return on Equity of 20.2%. The company operates an electronic trading platform that enables fixed-income market participants to trade corporate bonds and other types of fixed-income instruments.

– Global Brokerage Inc ($OTCPK:GLBR)

Global Brokerage Inc is a financial services company that offers online brokerages and related services to customers around the world. The company has a market capitalization of $137,000 as of 2022 and a return on equity of -19.36%. Global Brokerage Inc provides its customers with access to a variety of financial markets, including equities, options, futures, and foreign exchange. The company offers its services through a variety of online platforms and mobile apps.

Summary

CME Group, a leading derivatives marketplace, plans to launch crypto ETH/BTC ratio futures on July 31, 2023. Investing in the CME Group can provide investors with a safe and regulated method to gain exposure to the growing crypto asset market.

Additionally, the CME Group may also be a way for investors to diversify their portfolios across different asset classes. The launch of the ETH/BTC ratio futures could provide additional opportunities for investors who are looking to capitalize on the increasing popularity of crypto assets. With the launch of these futures, CME Group should continue to be an attractive investment option for those looking to gain exposure to this rapidly growing market.