CME Group Announces Latin American Fund Manager Incentive Program
23 Setembro 2009 - 10:00AM
PR Newswire (US)
CHICAGO, Sept. 23 /PRNewswire-FirstCall/ -- CME Group, the world's
largest and most diverse derivatives marketplace, today announced a
new Latin American Fund Manager Incentive Program (FMIP) that will
enable registered Latin American-based funds to receive discounted
trading fees for electronic trading of CME, CBOT and NYMEX
products, scheduled to begin October 1. Approved fund accounts of
fund managers based in Latin America with at least $100 million in
assets under management can qualify to receive favorable trading
fees for futures on benchmark equity indexes, interest rates,
foreign currencies, energy and agricultural commodity products.
"This fund manager program follows the recent successful launches
of our South American and Latin American Commercial Incentive
Programs that make our order routing agreement with BM&FBOVESPA
even more attractive to accomplish their risk management
objectives," said Rick Redding, CME Group Managing Director of
Products and Services. "In addition to these new attractive fee
plans, we continue to provide our Latin American-based customers
transparent and liquid markets for hundreds of global benchmark
products, including futures and options on Eurodollars, US
Treasury's, the E-mini S&P 500 , crude oil and wheat." The Fund
Manager Incentive fee program, which will be offered to firms in 22
countries, runs through December 31, 2010. As the world's largest
and most diverse derivatives marketplace, CME Group
(http://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
largest central counterparty clearing services in the world, which
provides 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. 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 http://www.cmegroup.com/. CME-G DATASOURCE: CME Group CONTACT:
Mary Haffenberg, +1-312-930-3435, or Allan Schoenberg,
+1-312-930-8189, both at , http://www.cmegroup.mediaroom.com/, or
Investors, John Peschier, +1-312-930-8491, all of CME Group Web
Site: http://www.cmegroup.com/
Copyright