CHICAGO, Oct. 24, 2011 /PRNewswire/ -- CME Group, the
world's leading and most diverse derivatives marketplace, today
released the following statement on the confirmation of Mark
P. Wetjen to serve as a Commodity Futures Trading Commission (CFTC)
commissioner:
"We congratulate Mr. Wetjen on his appointment to CFTC
commissioner. Mr. Wetjen's depth of experience and knowledge make
him well qualified to serve the Commission. We look forward to
working with Mr. Wetjen at this critical time for the U.S. futures
and options markets to ensure they remain at the forefront of our
industry and continue to provide low transaction costs for market
users, superior technology solutions, leading customer protection
programs, and safety and soundness in the clearing and settlement
of transactions. We further anticipate working with Mr. Wetjen to
ensure the Commission's work to implement Dodd-Frank promotes the
safety and soundness of U.S. financial markets, as well as their
ability to compete in the global marketplace.
We also commend Commissioner Michael
Dunn for his leadership, both as acting chairman of the
Commission in 2009, and as the chairman of the CFTC's Agricultural
Advisory Committee. Throughout his tenure at the CFTC, Commissioner
Dunn has worked closely with the industry, providing measured and
balanced leadership on complex regulatory measures impacting the
U.S. futures and options markets."
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 providers, 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. Further information about CME Group (NASDAQ:
CME) and its products can be found at www.cmegroup.com.
CME-G
SOURCE CME Group