CHICAGO, April 7, 2011 /PRNewswire/ -- CME Group, the
world's leading and most diverse derivatives marketplace, today
announced its E-micro Gold futures contract surpassed cumulative
trading volume of 100,000 contracts yesterday. Trading on the
E-micro Gold contract, which was launched on October 4, 2010, reached a total of 100,275
contracts on Wednesday, April 6.
"We're pleased with the rapid adoption of these smaller E-micro
Gold contracts since inception," said Harriet Hunnable, Managing Director, Metals
Products CME Group. "Our E-micro Gold contracts provide a more
economical approach for trading gold futures and it gives our
market participants more flexibility to execute a variety of
trading strategies over varying time periods."
The E-micro Gold contract is one-tenth the size of the benchmark
100-oz full-size gold futures contract. These contracts are listed
by and subject to the rules and regulations of COMEX.
As the world's leading and most diverse derivatives marketplace,
CME Group (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 world's leading central
counterparty clearing provider in the world, which offers 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.
CME Group is a trademark of CME Group Inc. The Globe Logo, CME,
Globex and Chicago Mercantile Exchange are trademarks of Chicago
Mercantile Exchange Inc. CBOT and the Chicago Board of Trade are trademarks of the
Board of Trade of the City of
Chicago, Inc. NYMEX, New York Mercantile Exchange and
ClearPort are registered 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.
CME-G
SOURCE CME Group