CME Group to Offer South American Incentive Program

* Reuters is not responsible for the content in this press release.

Tue Mar 24, 2009 1:03pm EDT

CHICAGO, March 24 /PRNewswire-FirstCall/ -- CME Group, the world's largest and
most diverse derivatives exchange, today announced a new South American
Incentive Program that will enable South American-based banks to receive
discounted trading fees for propriety trading of CME Group products, scheduled
to begin May 1.

Qualified banks will receive discounts on nearly every CME Group product.
Banks located in Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, French
Guiana, Guyana, Paraguay, Peru, Suriname, Uruguay and Venezuela are eligible
to participate in the program. 

"This incentive program, combined with our order routing agreement with
BM&FBOVESPA, is part of our strategy to encourage South American customers to
utilize CME Group products as solutions to their risk management needs," said
Rick Redding, CME Group Managing Director of Products and Services. "Customers
and prospective customers alike have been telling us they want a variety of
products that are accessible, transparent and carry virtually no counterparty
risk. We are adding to that this program, which is similar to other incentive
programs we have employed in other regions to further globalize our customer
base."

South American banks participating in the fee program, which runs through
December 31, 2010, will be able to trade futures on every major asset class
including energy and agricultural commodities, interest rates, equity indexes
and foreign currencies. The fee discount will not be immediately available for
metals products. 

CME Group (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 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, 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 and its products can be found at www.cmegroup.com.

 
CME-G


SOURCE  CME Group

Media, Mary Haffenberg, +1-312-930-3435, or Allan Schoenberg, +1-312-930-8189,
news@cmegroup.com, or Investors, John Peschier, +1-312-930-8491, all of CME
Group
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