CME Group to Conduct Industry Outreach on Expanded CBOT Grain and Oilseed
CHICAGO, Jan. 22, 2013
CHICAGO, Jan. 22, 2013 /PRNewswire/ -- CME Group, the world's leading and most
diverse derivatives marketplace, today announced it will begin the process of
conducting outreach to customers, producer groups and other market
participants on expanded CBOT grain and oilseed trading hours.
"We've received significant customer feedback about the extended hours we
implemented for CBOT grains last summer," said Tim Andriesen, Managing
Director, Agricultural Commodities and Alternative Investments, CME Group. "As
we start a new year, we think the timing is right to review those changes and
industry feedback more formally to ensure we're continually meeting our
customers' needs. Beyond hours, we continue to explore other suggestions from
our customers on ways to enhance our products and markets."
CME Group will engage participants on CBOT grain and oilseed trading hours,
which were expanded to 21 hours per day in May of 2012, through one-on-one
conversations, customer focus groups and an online survey. The survey will be
made available to participants on CME Group's website from Tuesday, January 22
through Thursday, January 31.
The CME Group survey is open to all CBOT grain and oilseed customers and
market participants and can be found online at www.cmegroup.com/agsurvey.
As the world's leading and most diverse derivatives marketplace, CME Group
(www.cmegroup.com) is where the world comes to manage risk. CME Group
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^® electronic trading platform, its CME Direct™ online trading
technology offering side-by-side trading of exchange-listed and OTC
derivatives and its trading facilities in New York and Chicago. CME Group
also operates CME Clearing, one of the world's leading central counterparty
clearing providers, which offers clearing and settlement services for
exchange-traded contracts, as well as for over-the-counter derivatives
transactions through CME ClearPort^®. These products and services ensure that
businesses everywhere can substantially mitigate counterparty credit risk in
both listed and over-the-counter derivatives markets.
CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex and
Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc.
CBOT and the Chicago Board of Trade are trademarks of the Board of Trade of
the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort
are registered 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 found at www.cmegroup.com.
SOURCE CME Group
Contact: Media - Chris Grams, +1-312-930-3435, or Damon Leavell,
+1-212-299-2547, email@example.com, www.cmegroup.mediaroom.com; Investor -
John Peschier, +1-312-930-8491
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