CME Group

Chicago Board of Trade (Credit: Scott Olson/Getty Images))

Traders Silenced: CME To Close Most Futures Trading Pits

The parent company of the Chicago Board of Trade and other exchanges is ending most trading involving people on the floor who establish prices by flashing hand signals and shouting at each other.


CME Group Protest

Protesters To CME Group: Give Your Tax Break Back

About 1,500 protesters slowly marched from the Thompson Center to the Chicago Board of Trade on Wednesday, calling for the company that runs the financial exchange to give back millions in state tax breaks.

CBS Chicago–05/23/2012

Golden Toilet

Activists Bring Golden Toilet To City Hall, Protest Grant To CME

Protesters gathered outside the Mayor’s Office with a golden toilet Wednesday, demanding that Mayor Rahm Emanuel create jobs with $33 million in taxpayer funds that had gone in part to the CME Group so the company could renovate its restrooms.

CBS Chicago–02/08/2012

Unemployment Line

Report: Corporate Tax Breaks Often Don’t Mean Good Jobs In Illinois

Illinois is better at giving away tax breaks than at drawing good jobs as a result, according to a new national report.

CBS Chicago–12/15/2011

Chicago Board of Trade (Scott Olson/Getty Images)

Senate Passes Tax Breaks For Sears, CME Group

The state Senate has approved a package of tax breaks designed to keep retail giant Sears and Chicago’s main financial exchanges from leaving the state.


Chicago Board of Trade (Scott Olson/Getty Images)

Old-School Pit Traders Protest Latest Changes By CME Group

The last vestige of the frenetic trading in the pits of Chicago’s option exchanges could be in jeopardy under a new plan to use electronic trading to set closing prices.


The headquarters of Sears Holding Corporation rises above the trees on the company's corporate campus in Hoffman Estates. (Credit: Scott Olson/Getty Images)

Illinois House Approves Tax Breaks For Sears, CME

The Illinois House has approved a package of tax breaks designed to keep retail giant Sears and the Chicago-based financial exchanges


Illinois House Floor

State Lawmakers To Vote On Tax Breaks For CME Group, Sears

The CME Group and Sears could be closer to deciding whether they will stay in Illinois, after two key tax votes in Springfield Monday.

CBS Chicago–12/12/2011

Illinois House Floor

House Reaches Deal For Tax Breaks For Sears, CME

Illinois lawmakers will try again to pass a measure aimed at keeping two of the state’s largest companies from jumping ship.

CBS Chicago–12/08/2011

Illinois House Floor

Lawmakers To Try Again On Package To Keep Sears, CME Group

State lawmakers are going take one more try before the end of the year to pass tax relief for Illinois businesses that are threatening to leave.

CBS Chicago–12/07/2011

Illinois House Floor

Sears Disappointed In State House’s Rejection Of Tax Break

Sears Holdings Corp. says it is disappointed after the Illinois House of Representatives voted down legislation that would have provided tax breaks to keep the retailer, as well as the CME Group, in the state.

CBS Chicago–12/01/2011

Illinois House Floor

Illinois House Rejects Tax Breaks For CME, CBOE, Sears

Illinois lawmakers went home Tuesday night after hitting an impasse over a $250 million package of tax relief designed to keep several high-profile companies from leaving the state.


Illinois State Capitol

Tax Breaks For CME Group, Sears To Be Discussed After Thanksgiving

SPRINGFIELD, Ill. (CBS) — Tax breaks for a few big businesses could get a vote in the Illinois General Assembly after Thanksgiving. As WBBM Newsradio’s Dave Dahl reports, lawmakers will return on Nov. 29, after […]

CBS Chicago–11/17/2011

Illinois House Floor

State Lawmakers Still Must Deal With Tax Breaks, Facility Closures

Unfinished business is bringing Illinois lawmakers back to Springfield after Thanksgiving.

CBS Chicago–11/16/2011

Illinois State Capitol

Emanuel’s Legislative Agenda Not A Sure Thing In Springfield

Mayor Rahm Emanuel is learning a lesson in power politics from the Illinois General Assembly – that he cannot always get what he wants. Not everything, anyway.

CBS Chicago–11/09/2011

Chicago Mercantile Exchange

CME Group: Hurry Up With Tax Relief, Or We Might Leave

As the Illinois General Assembly fall veto session winds down, the head of the company that owns Chicago’s two big trading exchanges warns that time is running out to keep the firm from moving to another state.

CBS Chicago–11/09/2011

Walter Jacobson

Walter’s Perspective: Say No To Tax Breaks For CME

Hear ye, hear ye, the Illinois General Assembly is back at work for the people of Illinois and it’s not doing very well.

CBS 2–11/08/2011

Gov. Pat Quinn (Credit: CBS)

Quinn Hopes For Tax Breaks For Financial Exchanges, Sears

The Illinois General Assembly begins the second round of its fall veto session Tuesday, and Gov. Pat Quinn is hoping tax relief is among the things on the agenda.

CBS Chicago–11/08/2011

Illinois Senate Chambers

State Senate Committee Approves Tax Break For CME Group

Illinois lawmakers are on their way to giving the CME Group big tax breaks to stay put.

CBS Chicago–10/28/2011

Chicago Mercantile Exchange

Bill Would Cut Corporate Taxes For CME, CBOE

The Illinois General Assembly got an early start on a plan to try to keep Chicago’s two financial exchange companies in the state Monday, just ahead of today’s opening of the fall veto session.

CBS Chicago–10/25/2011