All investors should own monopolies. Just look at Microsoft - the ultimate example of monopoly success. CME is one company that has absolute monopoly on all sorts of futures - live cattle, e-mini S&P, russell 2000, Dow to name a few. There are two things you should consider before coming to the conclusion that there is no stopping CME:
1) The sheer amount of volume of the futures.
2) The commissions that the exchange charges per contract.
Both of these are very high and the volumes are increasingly becoming mind-boggling.
Goldman Sachs is similar in that it is increasingly monopolizing the deal making industry.
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