MEDIA RELEASE PR37560
CME Group Announces Expansion of International Incentive Programs for Metals
CHICAGO, Dec. 17 /PRNewswire-AsiaNet/ --
CME Group, the world's largest and most diverse derivatives marketplace,
today announced that it is expanding its international electronic trading fee
incentive programs to provide clients outside of North America with greater
access to COMEX metals futures products. The extension will apply from
January 1, 2010, to participants in the International Incentive Program
(IIP), the Asia Pacific Incentive Program (AIP), the South American Incentive
Program (SAIP), the Latin American Commercial Incentive Program (LACIP), and
the Latin American Fund Manager Incentive Program (FMIP). These programs will
run through December 31, 2010.
The programs will provide traders at proprietary trading firms, arcades,
banks, and fund managers outside of North America with fee incentives for
electronically traded COMEX futures.
"The extension of the international programs to COMEX products further
demonstrates the importance of these markets to CME Group's future strategy,"
said Rick Redding, CME Group Managing Director, Products and Services. "With
the current high level of investor interest in metals such as gold and
silver, expanding our international electronic fee incentives to COMEX
futures products will enable more firms to access our global benchmark
contracts in these key commodities at lower rates."
Customers who participate in the international incentive programs will be
subject to minimum volume and application requirements. Additional details
about CME Group incentive programs can be found on the CME Group Web site at
As the world's largest and most diverse derivatives marketplace, CME
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(R) electronic trading platform and its trading facilities in
New York and Chicago. CME Group also operates CME Clearing, one of the
largest central counterparty clearing services in the world, which provides
clearing and settlement services for exchange-traded contracts, as well as
for over-the-counter derivatives transactions through CME ClearPort(R). These
products and services ensure that businesses everywhere can substantially
mitigate counterparty credit risk in both listed and over-the-counter
derivatives markets.
The Globe logo, CME, Chicago Mercantile Exchange, CME Group, Globex,
E-mini and CME ClearPort 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 and New York Mercantile Exchange 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 (Nasdaq: CME) and its products can be
CME-G
SOURCE: CME Group
CONTACT: media, Jeremy Hughes,
+44-207-7967112, or
Mary Haffenberg,
+1-312-930-3435,
both of CME Group,
news@cmegroup.com,
investors,
John Peschier,
+1-312-930-8491,
for CME Group
NEWS 
