October 2, 2025· 58 min

Terry Duffy on the CME's Big Push into Retail Trading

Terry Duffy

Orality

Model

50%

Speaker Breakdown

HostTracy Alloway(1,496 words)

M:29%

HostJoe Weisenthal(2,291 words)

M:94%

GuestTerry Duffy(7,194 words)

M:28%

Oral Indicators

Agonistic24%

amazing, totally, obviously

Engagement76%

you, our, your

Memory Aids100%

listen, now, so

Repetition100%

think (86x), it's (85x), that's (84x)

Parallelism72%

So have you heard the story ab..., So switch to Verizon Business,..., And I'm Joe Weisenthal....

Sound Patterns91%

115 question(s), alliteration: "markets move", alliteration: "barclays brief"

Formulaic Phrases6%

you know what, i mean, the bottom line

Literate Indicators

Hedging6%

could, maybe, quite

Passive Voice8%

be criticized, be replaced, been driven

Abstract Nouns19%

investment, prescription, medication

Subordination2%

because, though, therefore

Sentence Length30%

Avg: 12.4 words/sentence

Word Complexity46%

investment, analyze, anticipate

Academic Markers0%

Impersonal Style24%

958 personal pronouns found

Descriptive Style55%

automatically, family, apply

Description

CME Group is one of the oldest exchanges around, tracing it's history all the way back to the late 1800s, when it specialized in agricultural commodities. It's best known for things like futures and interest rate swaps that tend to be favored by professional traders. But as retail trading becomes big business, the CME is expanding its footprint in the space, including a recently-announced partnership with sports-betting platform FanDuel. So how does a marketplace that built its reputation on professional hedging and risk management now try to capture the attention of everyday investors? In this episode we speak with Terry Duffy, CME Group chairman and CEO, about the exchange’s push into retail, new competition in the Treasury futures space, and much more. Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots See omnystudio.com/listener for privacy information.

← Tarek Mansour on Kalshi's Plan to Create...Lots More with Joe Abate on the Fed's Ne... →