The title sponsor is the CME Group, a global derivatives marketplace based in Chicago.

LPGA Commissioner Michael Whan announced on March 7, 2011, that CME had signed a three-year contract to sponsor the tournament.

[4] The first tournament was played in November 2011 at Grand Cypress Golf Club in Orlando, Florida, which had hosted the 2010 LPGA Tour Championship.

Most events on the LPGA Tour have a standard schedule for distribution of the purse, with a winner's share of 15%.

[6] For 2014 the purse was maintained at $2 million but, with the introduction of the "Race to the CME Globe", the winner's share was reduced to one-quarter at $500,000, second only to the U.S. Women's Open.