News Release

COMEX Governors Committee Adds Five New Members

Wed Nov 26 2008

 

NEW YORK, November 26, 2008 – CME Group, the world’s largest and most diverse derivatives exchange, today announced that Bryan Durkin, Anthony George Gero, William Giannone, William Purpura, and Joseph Raia, have been named members of the COMEX Governors Committee, which is the guiding body for gold, silver, copper and aluminum futures and options traded at CME Group. The COMEX Governors Committee originally operated as the executive board to the COMEX.

 

Durkin has served as Managing Director and Chief Operating Officer of CME Group since July 2007. He previously served as Executive Vice President and Chief Operating Officer at the Chicago Board of Trade.

 

Gero is currently a Senior Vice President and Financial Consultant with RBC Dain Rauscher as well as a Vice President of Global Futures for RBC Capital Markets. He was previously Senior Vice President of COMEX and has been a COMEX member since 1981.

 

Giannone is President of WMG consultants, a commodity advisory firm. He has been a member of COMEX member since 1988 and was previously president of Hudson River Futures.

 

Pupura is Managing Partner at GLT Group, LLP, a brokerage, consulting and trading firm. In 1981 he became a member of COMEX was previously named Senior Vice President of COMEX in April 2007.

 

Raia is Managing Director of energy and metals products and services at CME Group. He joined the New York Mercantile Exchange in 2001 and most recently served as Senior Vice President of Marketing.

 

CME Group completed its acquisition of NYMEX Holdings, including the COMEX Division, on August 22, 2008. Average daily trading volume for COMEX products through October 2008 is 230,000 contracts, a 56% increase through the same period in 2007.

 

About CME Group

 

CME Group (www.cmegroup.com) is the world’s largest and most diverse derivatives exchange. Building on the heritage of CME, CBOT and NYMEX, CME Group serves the risk management needs of customers around the globe. As an international marketplace, CME Group brings buyers and sellers together on the CME Globex electronic trading platform and on trading floors in Chicago and New York. CME Group offers the widest range of benchmark products available across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, and alternative investment products such as weather and real estate. CME Group is listed on NASDAQ under the symbol “CME.” 

 

The Globe logo, CME, Chicago Mercantile Exchange, CME Group, Globex and E-mini, 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, New York Mercantile Exchange, and ClearPort are trademarks of New York Mercantile Exchange  Inc. COMEX is a trademark of Commodity Exchange, Inc. These trademarks are used herein under license. All other trademarks are the property of their respective owners. Further information about CME Group and its products can be found at www.cmegroup.com.

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