CHICAGO, Dec. 16, 2011 /PRNewswire/ -- CME Group, the
world's leading and most diverse derivatives marketplace, today
commends the State Legislatures' efforts to address the corporate
tax disparity in Illinois.
"We are pleased that Illinois
Governor Pat Quinn and the State
Legislature have addressed the inequitable distribution of
corporate taxes currently levied on CME Group," said CME Group
Executive Chairman Terry
Duffy. "This necessary adjustment to the Illinois corporate tax laws will put CME Group
on more equal footing with other Illinois companies and other global exchanges.
CME Group has been a part of Chicago for more than 160 years and, because
of the efforts of Governor Quinn, Senate President John Cullerton, House Revenue Committee Chairman
John Bradley, Senate Minority Leader
Christine Radogno, Senator
Toi Hutchinson and other members of
the State Legislature, we will continue to call the great
State of Illinois and City of Chicago the risk management capital of
the world."
Duffy also recognizes Mayor Rahm
Emanuel for his extraordinary efforts and leadership in
securing CME Group as a mainstay in Illinois and the City of Chicago for the next 160
years.
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
and Globex are trademarks of Chicago Mercantile Exchange Inc.
ClearPort is a registered trademark of New York Mercantile
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