Press release from PR Newswire
CME Group Announces Short-Dated New Crop Options Volume Surpasses 1 Million Since Inception
Wednesday, July 31, 2013
CME Group Announces Short-Dated New Crop Options Volume Surpasses 1 Million Since Inception14:22 EDT Wednesday, July 31, 2013
CHICAGO, July 31, 2013 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, announced its Short-Dated New Crop Options volume surpassed 1 million in total, cumulative trading volume yesterday, July 30, 2013. Since their launch in June of 2012, a total of 1,005,918 combined Short-Dated New Crop Options on CBOT Corn and Soybean futures have traded. These contracts are listed by and subject to the rules of CBOT.
Combined open interest for Short-Dated New Crop Corn and Soybean options is currently more than 178,000 contracts.
Additionally, CME Group recently announced Short-Dated New Crop Options on KC Hard Red Winter (HRW) Wheat futures will be available for trading on Monday, August 26, 2013, pending CFTC review, and will be listed with and subject to the rules and regulations of the KCBT. This is consistent with the listing of the Short-Dated New Crop Wheat Options on the underlying July 2014 CBOT Wheat futures, which will also be available for trading on August 26.
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 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 across asset classes for exchange-traded contracts and over-the-counter derivatives transactions. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk.
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. KCBOT, KCBT and Kansas City Board of Trade are trademarks of The Board of Trade of Kansas City, Missouri, 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
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