CME Adds Fifth Nonfarm Payroll Economic Derivatives Auction
CHICAGO, Oct 02, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- CME, the world's largest and most diverse financial exchange, announced today that a fifth economic derivative auction on the U.S. nonfarm payroll will be added beginning Oct. 3 for the CME Auction Markets(TM), a joint partnership with Goldman Sachs.
The additional auction on Tuesdays is expected to provide more opportunity for market participants to address their exposure to the government's job report earlier in the week and will begin at 7:30 a.m. EDT and end at 8:15 a.m. EDT.
CME Economic Derivatives allow market participants to either hedge or take market risk directly associated with the release of economic indicators. CME provides centralized clearing, electronic order routing and marketing services to these auctions. The auctions currently offer digital options, vanilla options and forwards on U.S. nonfarm payrolls, the Institute of Supply Management's PMI index, weekly initial jobless claims, retail sales, European inflation (HICP), the international trade balance and gross domestic product (GDP) and U.S. consumer price index (CPI).
For more information on current CME Auction Markets, please go to http://auctions.cme.com/ .
CME ( http://www.cme.com ) is the world's largest and most diverse financial 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 wholly-owned subsidiary of Chicago Mercantile Exchange Holdings Inc. (NYSE, Nasdaq: CME), which is part of the Russell 1000(R) Index and the S&P 500(R) Index.
Statements in this news release that are not historical facts are forward- looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied in any forward-looking statements. More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, including our most recent Quarterly Report on Form 10-Q, which can be obtained at its Web site at http://www.sec.gov . We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
Chicago Mercantile Exchange, CME, the globe logo, CME Globex and E-mini are trademarks of Chicago Mercantile Exchange Inc. CLEARING 21 is a registered trademark of CME and New York Mercantile Exchange, Inc. S&P, S&P 500, NASDAQ-100, Nikkei 225, Russell 1000, Russell 2000, TRAKRS, Total Return Asset Contracts and other trade names, service marks, trademarks and registered trademarks that are not proprietary to Chicago Mercantile Exchange Inc. are the property of their respective owners, and are used herein under license. Further information about CME and its products is available on the CME Web site at http://www.cme.com .
Media, Allan Schoenberg, +1-312-930-8189, Mary Haffenberg, +1-312-930-3435, firstname.lastname@example.org , or, Investor Contact, John Peschier, +1-312-930-8491, all of CME
Copyright (C) 2006 PR Newswire. All rights reserved
News Provided by COMTEX