Hope Is Not A Strategy with Terry Duffy, CEO of CME Group

RiskReversal Pod

RiskReversal Media

News, Business, Investing, Business News

4.6 • 757 Ratings

🗓️ 15 September 2025

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

Dan Nathan is joined by Danny Moses and Terry Duffy, Chairman and CEO of CME Group, to discuss their partnership and market evolution. They talk about the growth in retail trading, the impact of technological advancements, and CME's new products like futures, event contracts, and binary contracts designed for retail investors. The discussion also covers the significance of risk management tools such as stop-losses, the recent rise in open positions in equity and interest rates at CME, and the broader implications of high national debt and technology disruption on the markets. They delve into the importance of timing in listing products, using Bitcoin's listing in 2017 as an example, and touch on the interconnectedness of global financial stability and market structure. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Transcript

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0:00.0	When will M&A activity pick up? Will this year mark the return of IPOs? Listen to strategic alternatives,
0:07.2	a podcast from RBC Capital Markets, to get insights on these questions and more. Explore the trends in
0:14.0	market forces impacting deal flow and find out how companies, investors are shifting their strategies
0:19.3	to drive growth and unlock value.
0:21.7	Listen and subscribe to Strategic Alternatives Today, available wherever you get your podcasts.
0:27.7	Guy, I'm sure you're already up to speed on all things current.
0:31.1	Of course I am.
0:31.7	Their app makes managing your money saving even building credit super easy, Dan.
0:36.2	They have a new feature called paycheck advance you can get up
0:39.3	to 500 bucks before payday when you switch your paycheck and qualify now that i didn't know so now
0:45.0	when you sign up and you set up direct deposit you unlock so much more and it's super easy to get
0:50.8	started just go to current dot com slash okay that's okay a why go to current.com slash okay. That's okay-a-y. That's current.
0:55.9	com slash okay. Current is a financial technology company, not a bank. Banking services provided by
1:02.7	Choice Financial Group member FDIC and Cross River Bank member FDIC. Paycheck Advance is offered by
1:09.0	Finco Advance LLC, a financial technology company,
1:12.3	not a bank. Eligibility and available amounts may vary and are subject to change at any time.
1:17.4	For full terms and conditions, visit current.com or call 888-851-1172 for more information.
1:26.9	Welcome to a very special edition of the Risk Reversal podcast.
1:31.2	I have Danny Moses here. He is the host of the On the Tape podcast, and we have a very
1:36.1	special guest, someone who actually joins us maybe on a quarterly basis or so. That would
1:40.4	be the chairman and CEO of CME Group. Terry Duffy, welcome back to the podcast. Thank you very much, gentlemen. Appreciate it. I mean, you've made this possible for us. You are a very first sponsor going back to, I want to say, late 2020. Did you think, Terry, this was all going to happen this way, man? Like, you know, you were going to be subjected to being with these knuckleheads on podcast every quarter?
2:01.6	Well, I don't know. I was going to ask you that question. How did you feel about it?
	...

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