CME to Host Second Annual European Inflation Summit 15 May in London
April 17 2007 - 12:42PM
PR Newswire (US)
LONDON, April 17 /PRNewswire-FirstCall/ -- Leading market
participants from the buy- and sell-side across Europe will discuss
the evolution of the global inflation market at CME's second annual
European Inflation Summit on Tuesday, 15 May, 2007 at the
Clothworkers' Hall, London. The Summit follows 2006's successful
inaugural event, hosted by CME, the world's largest and most
diverse futures exchange. The summit will feature Dariush
Mifendererski, Managing Director, Head of Inflation Linked Trading,
UBS, who will open the event showcasing CME Eurozone HICP futures
and how they fit within an inflation trading strategy. Two panel
discussions will follow. The first panel, for inflation structurers
and strategists, will be moderated by Mark Capleton, Head of
European Rates Research, RBS, and will examine how exchange-listed
instruments can be used to structure inflation- linked products.
The second panel, which Mifendererski will moderate, will feature
participants in the inflation markets who will focus on the tools
used by inflation traders and managers to manage inflation risk.
Panelists scheduled to participate include: -- Brice Benaben, Head
of Inflation Structuring, Citigroup -- David Dyer, Portfolio
Manager, Government & Inflation-Linked, AXA Investment Managers
-- Benedicte Guerin-Cribier, Head of Inflation Structuring, BNP
Paribas -- Alan James, Head of Global Inflation-Linked Research,
Barclays Capita -- Daragh McDevitt, Global Head of Inflation
Structuring, ABN Amro -- Diego Megia, Founder and Investment
Manager, Elcano RV Hedge Fund Madrid -- Borut Miklavcic, Head of
Inflation Trading, Lehman Brothers -- Stephane Salas, Global Head
of Inflation, Societe Generale Paris The panels will be followed by
a question-and-answer session. "Interest in inflation-linked
derivatives continues to grow and we are seeing steadily-increasing
volumes in the CME Eurozone HICP futures contract," said Robin
Ross, Managing Director, CME Interest Rate Products. "The
advantages of trading exchange-listed and centrally-cleared
inflation futures are becoming more appealing to a wider variety of
dealers and investors as new strategies and applications are
developed. We see this as a continuing area of growth in the years
to come." CME launched trading in CME Eurozone HICP futures
products in September 2005. The contract currently has four
marketmakers in London (Barclays Capital, Lehman Brothers, RBS,
Nomura) and one in Paris (Ixis CIB). The CME Inflation Summit is
free and open to all interested participants. It will be held at
the Clothworkers' Hall, Dunster Court, Mincing Lane, London EC3R
7AH, from 5:30 - 8:30 p.m. Additional information and online
registration is available at http://www.cme.com/inflationsummit .
For those unable to attend in person, the event will be streamed
live at http://www.cme.com/inflationsummit . CME interest rate
products, which constitute the exchange's largest product group,
enable financial institutions and other customers worldwide to
hedge financial risks associated with interest rate moves. CME
interest rate futures and options on futures can be used to manage
interest rate risks ranging from one day to 10 years. CME trades
more short-term interest rate futures and options than any other
exchange in the world. CME ( http://www.cme.com/ ) is the world's
largest and most diverse derivatives exchange. As an international
marketplace, CME brings together buyers and sellers on the CME
Globex(R) electronic trading platform and on its trading floors.
CME offers futures and options on futures in these product areas:
interest rates, stock indexes, foreign exchange, agricultural
commodities, energy, and alternative investment products such as
weather, real estate and economic derivatives. CME is a
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Inc. (NYSE:CMENASDAQ:CME), which is part of the Russell 1000(R)
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