CME Group Announces Launch of Four New Chicago Petroleum Contracts on CME ClearPort
January 14 2009 - 6:45PM
PR Newswire (US)
CHICAGO, Jan. 14 /PRNewswire-FirstCall/ -- CME Group, the world's
largest and most diverse derivatives exchange, today announced four
new Chicago petroleum products swap futures contracts on CME
ClearPort(R), scheduled to begin trading on January 25 for trade
date January 26. These contracts are listed with, and subject to,
the rules and regulations of the New York Mercantile Exchange, Inc.
The new swap futures contracts and their commodity codes will be:
Chicago unleaded gasoline (Platts) (2C); Chicago unleaded gasoline
(Platts) vs. RBOB spread (3C); Chicago ultra low sulfur diesel
(Platts) (4C); and Chicago ultra low sulfur diesel (Platts) vs.
heating oil spread (5C). The contracts will be listed for 36
consecutive months beginning with the February 2009 contract. They
will be available for trading and clearing until the last business
day of the contract month. For more information, please visit
http://www.nymex.com/. CME Group (http://www.cmegroup.com/) is the
world's largest and most diverse derivatives exchange. Building on
the heritage of CME, CBOT and NYMEX, CME Group serves the risk
management needs of customers around the globe. As an international
marketplace, CME Group brings buyers and sellers together on the
CME Globex electronic trading platform and on trading floors in
Chicago and New York. By acting as the buyer to every seller and
the seller to every buyer, CME Clearing virtually eliminates
counterparty credit risk CME Clearing also offers $7 billion in
financial safeguards to help mitigate systemic risk, providing the
security and confidence market participants need to operate, invest
and grow. CME Group offers the widest range of benchmark products
available across all major asset classes, including futures and
options based on interest rates, equity indexes, foreign exchange,
energy, agricultural commodities, metals, and alternative
investment products such as weather and real estate. CME Group is
listed on NASDAQ under the symbol "CME." The Globe logo, CME,
Chicago Mercantile Exchange, CME Group, Globex and E-mini, 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, New York Mercantile Exchange, and ClearPort 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 Inc. CONTACT: Media, Anu Ahluwalia,
+1-212-299-2439, or Allan Schoenberg, +1-312-930-8189, , or
Investors, John Peschier, +1-312-930-8491, all of CME Group Web
Site: http://www.cme.com/ http://www.nymex.com/
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