News Release

CME Reports June 2007 Volume Averaged a Record 8.0 Million Contracts per Day, Up 25 Percent; Second-Quarter 2007 Volume Averaged 6.3 Million Contracts per Day, Up 10 Percent, Delivering Second Highest Quarterly Results

Mon Jul 02 2007

CHICAGO, July 2 /PRNewswire-FirstCall/ -- CME, the world's largest and most diverse derivatives exchange, today announced June volume averaged a record 8.0 million contracts per day, up 25 percent from June 2006. Total monthly volume was 168 million contracts. Volume on the CME Globex electronic trading platform averaged a record 6.1 million contracts per day, up 37 percent from June 2006, and, represented 76 percent of total exchange volume. Total options volume averaged a record 1.7 million contracts per day, up 6 percent from June 2006. Electronic options volume averaged a record 250,000 contracts per day for the month, up 46 percent from the same period a year ago, and represented a record 15 percent of total CME options volume.

CME total interest rate product volume averaged a record 4.3 million contracts, up 22 percent from June 2006. CME Eurodollar futures volume averaged 2.8 million contracts per day, up 35 percent from the same period a year ago, and CME Eurodollar options volume averaged a record 1.5 million contracts per day, up 4 percent. Electronic volume of CME Eurodollar options averaged a record 146,000 contracts per day, up 23 percent from June 2006, and represented a record 10 percent of total Eurodollar options volume - reflecting in part the positive impact of a pricing incentive that began May 1.

CME E-mini index product volume averaged a record 2.7 million contracts per day in June, up 30 percent compared with June 2006. CME achieved monthly total volume records in E-mini S&P 500 contracts, averaging 2.0 million per day; Nasdaq-100 contracts, averaging 403,000 per day; and Russell 2000 contracts averaging 317,000 per day. Total equity options volume averaged 174,000 contracts per day, a 29 percent increase from the same period a year ago. CME E-mini index options volume averaged a record 97,000 contracts per day, up 89 percent from June 2006.

CME foreign exchange product volume in June averaged a record 668,000 contracts per day, up 41 percent compared with the year-ago period. Electronic foreign exchange volume averaged a record 595,000 contracts per day, up 48 percent compared with June 2006. June foreign exchange futures and options volume represented a notional value of $80 billion, matching the all- time monthly record set in March 2006.

All statistics in this news release exclude data on CME's non-traditional TRAKRS® products, and CME Auction Markets™ products, unless otherwise noted. All references to options refer to options on futures contracts.

CME commodities and alternative investment products volume averaged 76,000 contracts per day in June, down 12 percent compared with the same period a year ago. Importantly, the commodities volume on the CME Globex platform averaged a record 11,200 contracts per day, representing an all-time high of 15 percent of total commodities and alternative investments volume.

NYMEX energy and metals volume on the CME Globex platform in June averaged a record 737,000 contracts per day. NYMEX energy volume on CME Globex of 632,000 per day exceeded volume on the Intercontinental Exchange by 20 percent, up from 10 percent higher in May.

Second-Quarter Highlights

During the second quarter, CME volume averaged 6.3 million contracts per day, up 10 percent from the same period a year ago. Total volume exceeded 404 million contracts. Volume on the CME Globex electronic trading platform averaged 4.7 million contracts per day from the same period a year ago, a 17 percent increase, and represented 74 percent of total exchange volume. In the second quarter, total options volume averaged 1.4 million contracts per day, up 4 percent compared with second-quarter 2006. Electronic options volume averaged a record 193,000 contracts per day for the quarter, up 47 percent from the same period a year ago.

CME total interest rate product volume averaged 3.6 million contracts per day during the quarter, up 9 percent from second-quarter 2006. CME Eurodollar futures averaged 2.3 million contracts per day, a 15 percent increase. Electronic CME Eurodollar futures averaged 2.1 million contracts per day during the second quarter, up 20 percent from the same period a year ago. CME Eurodollar options averaged 1.2 million contracts per day, a 1 percent increase. Electronic volume of CME Eurodollar options averaged a record 106,000 contracts per day, up 19 percent from second-quarter 2006, and represented 9 percent of total CME Eurodollar options volume.

CME E-mini equity index product volume averaged 2.0 million contracts per day during the quarter, up 14 percent compared with second-quarter 2006. CME E-mini options volume averaged a record 81,000 contracts per day, nearly doubling from second-quarter 2006. CME equity standard volume remained relatively flat, averaging 173,000 contracts per day. CME equity standard options volume averaged 81,000 contracts per day, up 10 percent from second- quarter 2006.

CME foreign exchange product volume averaged 527,000 contracts per day, up 12 percent compared with second-quarter 2006. During the quarter, electronic foreign exchange volume averaged 476,000 contracts per day, up 15 percent from the same period last year.

CME commodities and alternative investments volume averaged 75,000 contracts per day for the quarter, down 7 percent from the same period a year ago. Electronic commodities volume averaged a record 7,000 contracts per day, representing a record 9 percent of total commodities and alternative investments volume.

During the second quarter, NYMEX energy and metals volume on CME Globex averaged a record 710,000 contracts per day. NYMEX energy volume on CME Globex of 605,000 per day in the second quarter exceeded volume on the Intercontinental Exchange by 16 percent, up from 10 percent higher in the first quarter.

Open interest for all CME products was 49 million contracts at the end of the second quarter, up from 35 million contracts at the end of December. Open interest represents the number of contract positions that remain open at the end of a trading session.

The rolling three-month rate per contract for all CME products through May was 63.3 cents. The decrease from the prior month was driven by a higher proportion of Eurodollar options in May, representing 21 percent of total CME volume compared with February, when Eurodollar options represented 17 percent of total CME volume. Eurodollar options currently have the lowest rate per contract of any major CME product, at approximately 31 cents per contract.

   CME MONTHLY AVERAGE DAILY VOLUME (In Thousands)

                                  June 2007      June 2006    Percent Change
  CME PRODUCT LINE
  Interest Rates                    4,290           3,513           22%
  E-Minis                           2,715           2,087           30%
  Equity Standard                     235             239           -2%
  Foreign Exchange                    668             474           41%
  Commodities and Alt. Inv.            76              87          -12%
   Sub Total                        7,984           6,400           25%
  TRAKRS                               77             888          -91%
   Total                            8,060           7,288           11%

  VENUE
  Open Outcry                       1,849           1,935           -4%
  CME Globex (Ex TRAKRS)            6,057           4,409           37%
  Privately Negotiated                 78              56           39%


   CME QUARTERLY AVERAGE DAILY VOLUME (In Thousands)

                                   Q2 2007         Q2 2006    Percent Change
  CME PRODUCT LINE
  Interest Rates                    3,560           3,255            9%
  E-Minis                           1,988           1,748           14%
  Equity Standard                     173             173            0%
  Foreign Exchange                    527             471           12%
  Commodities                          75              81           -7%
   Sub Total                        6,323           5,728           10%
  TRAKRS                               98             419          -77%
   Total                            6,421           6,147            4%

  VENUE
  Open Outcry                       1,562           1,657           -6%
  CME Globex (Ex TRAKRS)            4,704           4,022           17%
  Privately Negotiated                 57              49           17%


   CME MONTHLY AVERAGE DAILY VOLUME RECORDS

   For June 2007 (based on monthly ADV's)
                                                              Percent Change
                                                                 from Same
                                                                   Period
              Product                              ADV           Prior Year

  Total Products Excluding TRAKRS Volume         7,983,541          24.7%
  Interest Rate Total Volume                     4,289,765          22.1%
  Equity E-mini Total Volume                     2,715,453          30.1%
  Foreign Currency Total Volume                    667,689          40.8%
  Commodity and Alternative Investment Globex
   Volume                                           11,205       1,101.2%
  Eurodollar Total Volume                        4,280,438          22.2%
  E-mini S&P 500 Total Volume                    1,956,627          37.1%
  E-mini NASDAQ 100 Total Volume                   403,386           7.2%
  E-mini Russell 2000 Total Volume                 316,985          26.9%
  Swiss Franc Total Volume                          71,995          59.0%
  Canadian Dollar Total Volume                      66,373          31.9%
  Australian Dollar Total Volume                    34,056         101.7%
  E-mini S&P Midcap Futures Volume                  37,119          11.2%
  Mexican Peso Total Volume                         32.212         103.9%
  New Zealand Dollar Total Volume                    7,862         221.5%
  Milk Total Volume                                  2,143         107.7%
  European Style Options Total Volume                2,065         131.6%
  E-mini MSCI EAFE Futures Volume                    1,288       1,175.4%
  2-year Swap Rate Futures Volume                      404           3.3%
  S&P 500 Growth Futures Volume
  Swedish Krone/U.S. Dollar Cross-rate Futures
   Volume                                               89         231.4%
  iShares Russell Futures Volume                         9         869.0%
  S&P 500 Futures Volume                           106,562           1.0%
  Lean Hog Options Volume                            1,586          71.3%
  Euroyen Globex Volume                              2,765            N/A
  Feeder Cattle Globex Volume                           68      12,340.5%
  Polish Zloty Globex Volume                            54         328.8%
  S&P 400 Midcap Globex Volume                           1            N/A
  Russian Ruble Pit Volume                             342       1,272.8%
  Chinese Renminbi/U.S. Dollar Cross-rate Futures
   Pit Volume                                           23            N/A
  Euro FX Options Globex Volume                      2,397      35,526.1%
  Live Cattle Options Globex Volume                     33            N/A


   CME QUARTERLY AVERAGE DAILY VOLUME RECORDS

   For Second-Quarter 2007 (based on quarterly ADV's)
                                                              Percent Change
                                                                 from Same
                                                                   Period
              Product                              ADV           Prior Year

  Equity E-mini Total Volume                     1,988,397          13.7%
  Equity E-mini Options Volume                      81,225          94.0%
  Interest Rate Options Volume                   1,237,161           1.0%
  Total Products excluding TRAKRS Options Volume 1,422,556           4.3%
  Commodity and Alternative Investment Globex
   Volume                                            7,011         759.8%
  E-mini S&P 500 Total Volume                    1,411,846          17.7%
  E-mini Russell 2000 Total Volume                 228,289          22.2%
  Swiss Franc Total Volume                          44,953          23.6%
  Canadian Dollar Total Volume                      49,828          18.3%
  Australian Dollar Total Volume                    39,383          46.4%
  New Zealand Dollar Total Volume                    4,110         118.9%
  Milk Total Volume                                  2,001         108.3%
  Lumber Total Volume                                1,431          26.4%
  Equity E-mini MSCI EAFE Futures Volume               707         968.2%
  S&P 500 Growth Futures Volume                         75         200.7%
  Mid-sized Milk Total Volume                            7         445.7%
  Eurodollar Options Volume                      1,237,161           1.0%
  British Pound Options                              1,375          49.8%
  S&P 400 Midcap                                         1         100.0%
  Mexican Peso Globex Volume                        14,750         105.6%
  Lean Hog Globex Volume                             4,147       1,089.6%
  Euroyen Globex Volume                              1,937            N/A
  Live Cattle Globex Volume                          1,605         550.5%
  Butter Globex Volume                                  92          41.4%
  S&P 500 Growth Futures Globex Volume                  52         717.7%
  Feeder Cattle Globex Volume                           39       8,158.9%
  Polish Zloty Globex Volume                            29          92.2%
  Frozen Pork Belly Globex Volume                        1       5,707.8%
  Nikkei 225 (Yen) Futures Pit Volume                  161          72.8%
  Swedish Krone/U.S. Dollar Cross-rate Futures
   Pit Volume                                           19          94.0%
  Euro FX Options Globex Volume                      2,154      14,168.1%


   CME ROLLING THREE-MONTH AVERAGES (excluding TRAKRS)

   Average Rate Per Contract (In Dollars)

                                    By Product Line
  3-Month
  Period    Interest             Equity    Foreign    Commodities
  Ending      Rates   E-Minis   Standard   Exchange  and Alt. Inv.   Total

  May-07      0.477     0.709     1.388      1.080       0.963       0.633
  Apr-07      0.495     0.710     1.392      1.121       0.960       0.649
  Mar-07      0.492     0.706     1.414      1.109       0.944       0.644
  Feb-07      0.509     0.712     1.419      1.107       0.953       0.657

                               By Venue
  3-Month
  Period
  Ending           Open         CME         Privately
                  Outcry       Globex       Negotiated

  May-07          0.480        0.650          3.526
  Apr-07          0.503        0.659          3.601
  Mar-07          0.489        0.657          3.650
  Feb-07          0.506        0.666          3.645


   Average Daily Volume (In Thousands)

                                    By Product Line
  3-Month
  Period    Interest             Equity    Foreign    Commodities
  Ending      Rates   E-Minis   Standard   Exchange  and Alt. Inv.   Total

  Jun-07      3,560    1,988       173        527          75        6,323
  May-07      3,538    1,918       192        525          83        6,256
  Apr-07      3,517    1,920       197        535          83        6,252
  Mar-07      3,639    1,977       190        555          93        6,454

                               By Venue
  3-Month
  Period
  Ending           Open         CME         Privately
                  Outcry       Globex       Negotiated
  Jun-07           1,562       4,704             57
  May-07           1,553       4,648             55
  Apr-07           1,494       4,699             58
  Mar-07           1,578       4,815             61

CME (http://www.cme.com/) is the world's largest and most diverse financial exchange. As an international marketplace, CME brings together buyers and sellers on the CME Globex® electronic trading platform and on its trading floors. CME offers futures and options on futures in these product areas: interest rates, stock indexes, foreign exchange, agricultural commodities, energy, and alternative investment products such as weather, real estate and economic derivatives. CME is a wholly-owned subsidiary of Chicago Mercantile Exchange Holdings Inc. (NYSE: CME)(NASDAQ: CME), which is part of the Russell 1000® Index and the S&P 500® Index.

Statements in this news release that are not historical facts are forward- looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied in any forward-looking statements. More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K, which can be obtained at its Web site at http://www.sec.gov/. We undertake no obligation to publicly update any forward- looking statements, whether as a result of new information, future events or otherwise.

Chicago Mercantile Exchange, CME, the globe logo, CME Globex and E-mini are trademarks of Chicago Mercantile Exchange Inc. CLEARING 21 is a registered trademark of CME and New York Mercantile Exchange, Inc. S&P, S&P 500, NASDAQ-100, Nikkei 225, Russell 1000, Russell 2000, TRAKRS, Total Return Asset Contracts and other trade names, service marks, trademarks and registered trademarks that are not proprietary to Chicago Mercantile Exchange Inc. are the property of their respective owners, and are used herein under license. Further information about CME and its products is available on the CME Web site at http://www.cme.com/.

CME-G

SOURCE: Chicago Mercantile Exchange

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