CME Group Announces Volume Record for Natural Gas Futures
September 17 2009 - 4:37PM
PR Newswire (US)
CHICAGO, Sept. 17 /PRNewswire-FirstCall/ -- CME Group, the world's
largest and most diverse derivatives marketplace, today announced a
daily volume record for natural gas futures traded on the CME
Globex electronic trading platform and the New York trading floor
on September 15. These contracts are listed with and subject to the
rules and regulations of NYMEX. Natural gas futures reached 404,450
contracts, surpassing the 403,106 contracts traded on July 24,
2008. "We know our customers have multiple venues in which they can
manage their risk in the domestic natural gas markets," said Joe
Raia, CME Group managing director of energy and metals products and
services. "Our customers continue to rely on the liquidity, price
transparency, and the stability that our central party clearing
facility brings to the markets. With the majority of our Henry Hub
benchmark natural gas futures volume now transacted electronically,
our customers know that they are executing on the most
technologically-proven platform available in the marketplace, and
they have the flexibility of executing their natural gas trades
off-exchange and clearing them via CME ClearPort ." For more
information please visit http://www.cmegroup.com/. As the world's
largest and most diverse derivatives marketplace, CME Group
(http://www.cmegroup.com/) is where the world comes to manage risk.
CME Group exchanges offer the widest range of global benchmark
products across all major asset classes, including futures and
options based on interest rates, equity indexes, foreign exchange,
energy, agricultural commodities, metals, weather and real estate.
CME Group brings buyers and sellers together through its CME Globex
electronic trading platform and its trading facilities in New York
and Chicago. CME Group also operates CME Clearing, one of the
largest central counterparty clearing services in the world, which
provides clearing and settlement services for exchange-traded
contracts, as well as for over-the-counter derivatives transactions
through CME ClearPort . These products and services ensure that
businesses everywhere can substantially mitigate counterparty
credit risk in both listed and over-the-counter derivatives
markets. The Globe logo, CME, Chicago Mercantile Exchange, CME
Group, Globex, E-mini and CME ClearPort are trademarks of Chicago
Mercantile Exchange Inc. CBOT and Chicago Board of Trade are
trademarks of the Board of Trade of the City of Chicago. NYMEX and
New York Mercantile Exchange are trademarks of New York Mercantile
Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. All
other trademarks are the property of their respective owners.
Further information about CME Group and its products can be found
at http://www.cmegroup.com/. CME-G DATASOURCE: CME Group CONTACT:
Media, Anu Ahluwalia, +1-212-299-2439, or Mary Haffenberg,
+1-312-930-3435, , http://www.cmegroup.mediaroom.com/, or
Investors, John Peschier, +1-312-930-8491, all of CME Group Web
Site: http://www.cme.com/
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