If you’re an online marketer, you’re in the right place. You’ll learn a lot here.
What Is the CME Group?
The CME Group is an organization that connects buyers with sellers; facilitates transactions between 2 parties; and provides market information (mostly relating to equities). They call themselves the Global Exchange or simply, “The GEX” (and yes, a little bird told us that “The GEX” is an acronym).
The Global Exchange’s parent company is the Chicago Mercantile Exchange (CME) which is one of the world’s largest markets with almost 1 million participants daily. The CME also owns the New York Mercantile Exchange (NYMEX), which is the other major market owned by The GEX. Together, the CME and NYMEX control over 80% of the US commodity market. That’s a lot of muscle!
Why Should You Care About The CME Group?
Well, for starters, you can get access to the majority of the commodities that trade at the CME Group for free. Not only that, but you can follow over 150 commodity plays and gain early access to important market-moving news. Finally, because of their size, the CME Group is often the go-to source for reliable and up-to-date market research.
So what are you waiting for? Let’s get started. You can learn a lot from the CME Group, so let’s dive in.
The CME Group Free Access
Whether you’re a seasoned market professional or a casual trader looking to learn more about the market, you’ll find a great interest and benefit in the many free courses and special reports on offer from the CME Group.
To get started, visit the CME Group website and click on the button that says, “Try The GEX for Free”. This will take you to an area where you can see a menu of courses and special reports. To get the most out of your free trial, be sure to take advantage of the courses and special reports that are available. The more you know, the more you’ll profit!
You’ll especially enjoy their Commodity Research division, which publishes some of the best market reports and books about the commodity markets. Keep in mind that these are complimentary reports. The cost to obtain them is just the cost of the paper on which they’re printed. So, not only is the CME Group free, they’re also generous enough to provide you with some great market research at no cost to you.
Why Learn About Commodities?
As mentioned before, the CME Group’s goal is to connect buyers with sellers. The demand for certain products (like crude oil) affects the price of the underlying commodities (i.e., crude oil). The CME Group provides you with the tools to understand this relationship and analyze markets with confidence. This is an extremely important topic in today’s world since most people consider commodities to be “the basis of the global economy”.
Many people consider the recent financial crisis to be a product of complicated financial instruments, which are highly sensitive to changes in the economy. Commodities are key parts of every economic equation, so knowing how they work makes you an expert in interpreting the economy. That’s a valuable skill to have.
To show you how important commodities are to the economy, here’s a short video overview of the topic. You’ll learn more in a few minutes than you would in a whole blog post:
To conclude, if you’re an online marketer, you’re in the right place. You can get valuable information from the CME Group, which can help you grow your business.