$CME

CME Group (CME) said it launched new derivatives and index products, including NHL-statistics hockey futures, GPU compute futures linked to GPU rental costs with Silicon Data, expanded 24/7 trading for 100-ounce silver futures, and new E-nano equity index contracts. The article discusses how these could affect CME’s investment outlook and cites forecasts of $8.0B revenue and $4.6B earnings by 2029.

President Donald Trump plans a White House meeting next week with CEOs from crypto, prediction markets and AI, including Coinbase, Ripple, Gemini, Robinhood, Polymarket and Kalshi, plus leaders from CME Group, Nasdaq, ICE and DTCC, according to CoinDesk. The meeting precedes the CFTC’s new Innovation Advisory Committee inaugural session on Thursday, with CFTC Chair Mike Selig expected to attend. The agenda ties to the Digital Asset Market Clarity Act and Senate ethics negotiations.

Semafor reports the White House will host a Wednesday meeting with cryptocurrency and prediction market executives, with remarks expected from President Donald Trump and CFTC Chair Mike Selig. Attendees include Coinbase, a16z, Ripple, Chainlink, Kalshi, Paradigm, and Digital Chamber. The event is described as a kickoff for the CFTC’s Innovation Advisory Committee meeting Thursday.

Baupost Group disclosed in an SEC filing that it took a new stake in Pershing Square Inc. (PS) worth about $13 million as of June 30. It also increased positions in Amazon.com (AMZN) by about 20% to 3.74 million shares (~$892 million) and Alphabet (GOOGL) by about 16% to 1.37 million shares (~$490 million). Baupost added to CME Group (CME) (~$137 million) and cut Restaurant Brands International (QSR) by over 16% (~$490 million).

CME Group shares fell from about $329 in early March to about $218 in late June, down nearly 34%, amid concerns after the CFTC approved Kalshi’s Bitcoin perpetual futures. The article cites data (as of Aug. 13) showing CME Bitcoin open interest of about $7bn and $3.4bn daily volume versus Kalshi and Coinbase at about $122m open interest. It argues the shift appears limited for now.

Baupost Group disclosed in a Q2 filing that it took a new stake in Pershing Square Inc. (PS), valued at about $13 million as of June 30. It also increased its CME Group position to nearly $137 million. Baupost added to Amazon and Alphabet holdings, while trimming Restaurant Brands International by over 16%.

July FX volumes rose year over year across institutional venues. CLS reported average daily submitted volume of $2.658 trillion, up 14.7% from July 2025. Cboe FX spot ADV rose 24.6% to $56.8 billion, and CME FX futures and options ADV increased 8.6% to 811,190 contracts. The article notes different measurement units and no uninterrupted acceleration.

CME Group reported record July average daily volume of 27 million contracts, up 23% from July 2025, following June ADV of 30.6 million. The article links higher volumes to FOMC meetings and Fed uncertainty on the interest-rate path. CME earns mainly from transaction and clearing fees, so higher ADV supports fee income.

CME Group plans to launch two compute futures on Oct 5, pending regulatory approval, with Silicon Data. The contracts will track Silicon Data’s hourly GPU rental cost indexes for Nvidia H100 and Nvidia Blackwell B200, each representing a month of rent. CME says the futures add hedging and transparency and offer insight into future AI spending.

Reuters, citing Google and internet intelligence data, reports ransom-seeking hackers used phone calls and tailored phishing sites to target employees at US financial firms. Targets included Blackstone, Bridgewater, Apollo, Bain Capital, KKR, TPG, CME Group and Moody’s. Google said some unnamed firms paid ransoms; Reuters could not confirm successful breaches.