Meaning of “the CME” in the English Dictionary

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"the CME" in Business English

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the CMEnoun


abbreviation for Chicago Mercantile Exchange: a market for options (= the right to buy shares, etc. in the future) and futures (= the right to buy or sell shares, etc. in the future at a particular price) :

February wheat futures rose to 59 cents a pound on the CME.

(Definition of “the CME” from the Cambridge Business English Dictionary © Cambridge University Press)