From Traderpedia

Definition: An exchange where financial futures, commodity futures, foreign currency futures and futures options are traded.

The Chicago Mercantile Exchange (CME) was founded in 1898 as a not-for-profit corporation. In November 2000, CME became the first U.S. financial exchange to demutualize and become a shareholder-owned corporation.

CME is the world's second-largest exchange for futures and options on futures and the largest in the U.S. Trading involves mostly futures on interest rates, currency, equities, stock indices and a small amount on agricultural products.