Large Inflow of Money Detected in CME Group

CME Group (CME) : Wednesdays money flow indicated an uptick to downtick ratio was at 1.23. The total value of inflow transactions on upticks was $22.83 million, whereas, the total value of outflow trades on downticks was $18.53 million. The total money flow was $4.3 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $5.37 million. The total value of the trades done on upticks was $7.91 million. Downticks saw transactions worth $2.54 million. The total uptick to downtick ratio stood at 3.11, mildly in favor of the bulls. CME Group (CME) was trading with a -0.78% change over previous days close. It fell $0.8 during the day and reached $101.49. The stock was -0.33% compared to the previous weeks close.


Also, CLSA maintains their rating on the shares of CME Group (NASDAQ:CME). The current rating of the shares is Underperform. Equity Analysts at the Firm raises the price target to $100 per share from $95 per share. The rating by the firm was issued on July 14, 2016.

CME Group (NASDAQ:CME): The stock opened at $102.63 on Wednesday but the bulls could not build on the opening and the stock topped out at $102.63 for the day. The stock traded down to $101.48 during the day, due to lack of any buying support eventually closed down at $101.48 with a loss of -0.79% for the day. The stock had closed at $102.29 on the previous day. The total traded volume was 1,248,893 shares.

The stock has recorded a 20-day Moving Average of 3.74% and the 50-Day Moving Average is 5.3%. In a related news, The Officer (Sr Md Pres Gl Ops Tech & Risk), of CME GROUP INC., Taylor Kimberly S had unloaded 2,300 shares at $96.55 per share in a transaction on June 30, 2016. The total value of transaction was $222,065. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

CME Group the holding company for Chicago Mercantile Exchange Inc., CBOT, New York Mercantile Exchange, Inc. (NYMEX), Commodity Exchange, Inc. (COMEX) and their respective subsidiaries, as well as CME Clearing Europe Limited (CMECE) and CME Europe Limited (CME Europe). The Company also clear futures, options on futures and swaps contracts through its two clearing organizations: CME Clearing, which is a division of CME, and CMECE. The Company offers its customers the opportunity to trade futures contracts and options on futures contracts on a range of products, including those -based on interest rates, equities, foreign exchange, agricultural commodities, energy and metals. It also clear swaps contracts on a range of products, including those -based on interest rates, credit default, foreign exchange, agricultural commodities, energy and metals. Its exchange consists of designated contract markets for the trading of futures and options on futures contracts.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.