News Release

New Average Price Options Contracts to Launch at CME Group on ClearPort and New York Trading Floor

Mon Dec 15 2008

CHICAGO, Dec. 15 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced that average price options on the Singapore fuel oil 180 cst swap (C5), Singapore gasoil calendar swap (M2), Singapore jet kerosene swap (N2), and the fuel oil 3.5% Rotterdam barges swap (Q6) contracts will be listed for trading. These four average price options contracts will be listed on the NYMEX trading floor and ClearPort®, beginning December 21 for trade date December 22.

All four contracts will be listed for 36 consecutive months, beginning with the January 2009 contract. There will be 20 strike prices in increments of $0.50 per barrel above and below the at-the-money strike price.

The contract size for the Singapore fuel oil 180 cst and fuel oil 3.5% Rotterdam barges average price options contracts will be 1,000 metric tons. The minimum price fluctuation will be $0.01 per metric ton.

The contract size for the Singapore gasoil and Singapore jet kerosene options contracts will be 1,000 barrels. The minimum price fluctuation will be $0.01 per barrel.

For more information, please visit http://www.nymex.com.

CME Group (http://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. By acting as the buyer to every seller and the seller to every buyer, CME Clearing virtually eliminates counterparty credit risk. CME Clearing also offers $7 billion in financial safeguards to help mitigate systemic risk, providing the security and confidence market participants need to operate, invest and grow. 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. 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

SOURCE: CME Group

Web site: http://www.cmegroup.com/
http://www.cmegroup.mediaroom.com/
http://www.nymex.com/

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