From the Top

On August 22, 2008, CME Group and NYMEX Holding, the parent company of the New York Mercantile Exchange (NYMEX), successfully completed a transaction that joined two of the world's leading and most dynamic exchanges. We are delighted to welcome NYMEX customers, employees and shareholders to CME Group.

As a combined company, we are better positioned to compete globally with cash, over-the-counter and regulated markets and participate in the fast-growing global energy market. Our NYMEX cover story highlights the many customer and shareholder benefits that stem from this strategic combination and summarizes the integration process currently under way.

Our combination with NYMEX grew out of our 2002 agreement to host crude oil and natural gas contracts on the CME Globex electronic trading platform. Strategic collaborations- like this one with NYMEX- have long been part of CME Group's growth strategy. Today, we have relationships on a number of levels with exchanges and other financial services companies around the world. We highlight several of our key relationships in this issue:

• Our article on Brazil underscores the importance of Latin America's largest exchange, BM&FBOVESPA, in global financial markets. This fall, an order routing agreement will provide customers with access to BM&FBOVESPAR products via CME Globex, and CME Group products will be listed on the BM&FBOVESPA electronic distribution system to customers in Brazil.
• MSCI Barra, the market leader in global indexes, has a licensing agreement with CME Group for two of the most widely recognized international indexes, the MSCI EAFE and the MSCI Emerging Markets.
• Marking its 20th anniversary, CME Group's Standard Portfolio Analysis (SPAN) system has revolutionized risk management since it was introduced in 1988. Today, it is used by 50 exchanges, clearing organizations, service bureaus and regulatory agencies around the world.

Over the years, these relationships and others have created opportunities for our customers- and we also have seen them fuel explosive growth in exchange-traded derivatives. CME Group is proud of its ability to work with a variety of financial services companies and fellow exchanges to create new products and services, while broadening access to our current offerings for customers both within and outside of the United States.

©2008 CME Group, Inc Site Map | Disclaimer | Privacy Policy