Cme Group Inc. · NASDAQ:CME
Cme — Investor Presentation (May 2025)
21 slides from Cme's investor presentation, May 2025
Slide 1: CME Group Overview
CME Group Overview May 2025 CME GROUP PUBLIC © 2025 CME Group. All rights reserved.
Slide 2: Disclaimer
Disclaimer Forward Looking Statements Statements in this document that are not historical facts are forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and res
Slide 3: Unique Assets Provide Competitive Advantages
CME Group’s broad set of Unique Assets Provide products are important risk World-class clearing, Competitive Advantages and risk management expertise… management tools for traders and end-users around the world, including Network fueled by: Interest Equity but not limited to: Rates Index Cash Foreig
Slide 4: Summary of Recent Performance
Summary of Recent Performance Average Daily Volume (ADV) by Asset Class Key Highlights Q1 2025 (Thousands) Q1 2025 Product Line ADV YoY Change Interest Rates 15,029 9% 10% Revenue growth year-over-year Equity Index 7,997 17% Energy 2,903 20% 71.1% Ag Commodities 1,958 23% Adjusted Operating Margin F
Slide 5: Strong History of Volume and Net Income Growth
Strong History of Volume and Net Income Growth ● Average annual volume increased in 45 ADV Growth: 7% CAGR of the past 52 years (13% growth CAGR Adjusted Net Income Growth: 12% CAGR over this period) ADV YTD1 ● Long-term positive trends maintained ADV (Millions) Adjusted Net Income ($,Billions) (Mil
Slide 6: Investments in Globalization are Paying Off
Investments in Globalization are Paying Off ● We now have a sales presence in 11 1 countries, covering ~20,000 clients Non-US ADV worldwide Non-US ADV (Millions) Non-US ADV2 (Millions) ● London is our single largest sales center and 64% of front office sales staff are 9.2 now located outside the U.S
Slide 7: 2024 Options ADV Increased 7% From the Record 2023 Level
2024 Options ADV Increased 7% From the Record 2023 Level Options ADV1 ● Customers trading options are often hedging those options with our underlying futures, bringing additional ADV (Millions) % Electronic volume to CME Group 5.5 ● CME Direct (our proprietary front-end with ~12,500 users) primarily
Slide 8: Known for New Product Innovation Driven by Customer Demand
Known for New Product Innovation Driven by Customer Demand New products launched over the last 5 years generated 2.4M ADV in 2024 and ~$308M in revenue Energy Micros Options Fixed Income Transition/ Granularity OTC Expansion Environmental More focused futures Alternatives1 Currently list The options
Slide 9: CME Group Provides Unmatched Capital Efficiencies to Market Participants
CME Group Provides Unmatched Capital Efficiencies to Market Participants CME Group’s unique, broad based products across 6 major derivatives asset classes provide clients with average daily margin savings of approximately $60 billion Average Daily Breakdown of Total Average Product Sets Margin Savin
Slide 10: CME Group's Most Diverse Interest Rates Offering Creates Substantial Operational and Capital Efficiencies
CME Group’s Most Diverse Interest Rates Offering Creates Substantial Operational and Capital Efficiencies for Market Participants 2024 Interest Rates Revenue ● Trading opportunities across the yield curve from one $1.9 Billion week to 30 years, including a vibrant suite of options STIR Options - SOF
Slide 11: Total Physical Commodities Products Make Up an Increasingly Meaningful Part of the Business
For the full year 2024, total physical Total Physical Commodities Products Make Up commodities ADV represented 19% an Increasingly Meaningful Part of the Business of total futures and options ADV, and 33% of clearing and transaction fee Total Commodities Revenue (Millions) revenue $1,670 The world’s
Slide 12: Data Components of our Business Reinforce Transaction Revenue
Data Components of our Business Reinforce Transaction Revenue Part of Total Revenue Other Below The Line Income Market Data Revenue (Millions) S&P DJI Non-Operating Income1 ● OSTTRA JV with IHS (Millions)2 Markit (now a part of S&P 7% CAGR 13% CAGR Global) (50% of earnings) - totaled - ~$89M in 2024
Slide 13: Google Cloud Strategic Partnership
Google Cloud Strategic Partnership In November 2021, CME Group announced a long-term strategic partnership with Google to accelerate our move to the cloud and to transform how global derivatives markets operate with technology CME Group and Google will jointly focus on co-innovation as we seek to de
Slide 14: 2024 CME Group Adjusted Income Statement Summary
2024 CME Group Adjusted Income Statement Summary1 Strong operating model and cost discipline Note 1. See last paragraph on Disclaimer slide for discussion around non-GAAP (adjusted) measures CME GROUP PUBLIC © 2025 CME Group. All rights reserved. 14
Slide 15: Capital Return Policy Now Includes Opportunistic Share Repurchases
Capital Return Policy Now Includes Opportunistic Share Repurchases New Capital Return Framework Capital Return History ● Intend to continue to pay a Regular Dividend regular quarterly dividend to our = Annual variable dividend Dividend Declarations (Millions) shareholders, with a a target of = Regul
Slide 16: CME Group - Compelling Investment
CME Group - Compelling Investment Marketplace Position + Growth Orientation = Compelling Investment • Unmatched product diversity • Working collaboratively with • Long-term volume growth diverse market participants to • Transaction destination in drive product innovation and new • Ongoing need for r
Slide 17: CME Group
«CME Group
Slide 18: Multiple Levers Play Into Pricing Philosophy - Focus on Total Cost to Trade
Multiple Levers Play Into Pricing Philosophy - Focus on Total Cost to Trade ● CME Group’s pricing philosophy seeks to avoid For 2025, based upon similar patterns from 2024 decreasing the amount of volume and liquidity coming across our platform. As a network-based Futures & Options Collateral Fees M
Slide 19: CME Group Is Delivering Margin Efficiencies Across Interest Rate Products
CME Group Is Delivering Margin Efficiencies Across Interest Rate Products CME Group CME Portfolio Margining CME Cross Margining1 Rates Up to 80% - 100% savings (~$8B daily average) Up to 80% savings2 Futures & Options CME Group Offsets Futures & CME Group CME Group FICC Cleared Cleared Swaps Futures
Slide 20: Dispersion of Opinions in Forward Fed Rate Expectations and Interest Rates Volumes
Historically, Dispersion of Opinions in Forward Fed Rate Expectations Has Generally Led to Higher Interest Rates Futures & Options Volumes - “Fed Rate Expectations” are defined as the set of possible Fed Fund Effective Rates according to the FedWatch implied probability methodology over the next 12
Slide 21: OTC Alternative Product Suite Brings Traditional OTC Functionality to CME Group Market Participants
OTC Alternative Product Suite Brings Traditional OTC Functionality to CME Group Market Participants Equity Index Annual ADV(Thousands) ● These OTC alternative products meet customer’s needs under enhanced capital requirements while benefiting from the capital efficiency afforded by our Equity Index