CME Group Data to Launch on ConfirmHub
CHICAGO, Nov 10, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced that its customers have access to the confirmation services of ConfirmHub, beginning today.
ConfimHub allows users to manage confirmation processing of brokered, exchange-traded, and bilateral transactions through a single web-based trade confirmation application. CME Group will securely stream registered customer's trade data to ConfirmHub, which will pass the data to the end-user via a web-based front end or API.
ConfirmHub is a joint venture by leaders in the energy brokerage industry, and, in addition to CME Group, current members include GFI Group, Amerex, ICAP, and Tullet Prebon.
For more information, please visit http://www.nymex.com/confirmhub.
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.
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SOURCE CME Group
http://www.cmegroup.com
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