News Release

CME Group Reports First-Quarter 2008 Volume Averaged a Record 13.7 Million Contracts per Day, Up 32 Percent; March 2008 Volume Averaged 13.5 Million Contracts per Day, Up 15 Percent

Tue Apr 01 2008

CHICAGO, April 1, 2008 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced first-quarter 2008 volume averaged a record 13.7 million contracts per day, up 32 percent from first-quarter 2007. Total electronic volume increased 41 percent versus the first quarter in 2007 to average a record 11.1 million contracts per day. Total electronic options volume increased 60 percent to average a record 414,000 contracts per day. March volume averaged 13.5 million contracts per day, up 15 percent from March 2007. Total volume exceeded 269 million contracts for the month, of which a record 83 percent was traded electronically. Total electronic volume averaged a record 11.1 million contracts per day, up 22 percent from the prior March.

First-Quarter Highlights

All CME Group major product lines achieved quarterly volume records. CME Group E-mini equity index volume averaged a record 3.6 million contracts per day, up 72 percent compared with first-quarter 2007. CME Group interest rate volume averaged a record 8.3 million contracts per day, up 24 percent. CME Group commodities and alternative investments volume averaged a record 949,000 contracts per day, up 20 percent. CME Group foreign exchange (FX) volume averaged a record 640,000 contracts per day, up 15 percent from same period in 2007, and representing a notional value of $87 billion.

Record quarterly NYMEX energy and metals volume on the CME Globex trading platform increased 51 percent to average more than one million contracts per day for the first time. Legacy e-CBOT products reached a record 3.9 million contracts per day during the first quarter of trading on CME Globex. Both 5-Year U.S. Treasury Note and 30-Year U.S. Bond volume reached quarterly records following tick size adjustments that went into effect on March 3, up 47 percent and 15 percent respectively compared to the same period in 2007.

All references to volume and rate per contract information in the text of this document assume combined legacy CME and legacy CBOT volumes and exclude our non-traditional TRAKRS products, for which CME Group receives significantly lower clearing fees than other CME Group products, and Swapstream products.

  First-Quarter Average Daily Volume Records

                                                  Q1 2008 ADV   % Change vs.
  Product                                        (in thousands)    Q1 2007

  Total CME Group Products                          13,669           +32%
  Total Interest Rate Products                       8,251           +24%
  2-Year U.S. Treasury Notes                           423           +87%
  5-Year U.S. Treasury Notes                           954           +47%
  30-Year U.S. Bonds                                   591           +15%
  10-Year U.S. Treasury Note Options                   293           +31%
  Electronic 10-Year U.S. Treasury Note Swaps            3          +103%

  Total E-Mini Equity Index Products                 3,628           +72%
  Total Equity Standard                                202            +2%
  E-mini S&P 500                                     2,579           +87%
  S&P 500 futures                                       73           +19%
  E-mini NASDAQ 100                                    483           +32%
  E-mini Russell 2000                                  319           +53%
  Russell 2000                                           3           +19%
  Nikkei 225                                            19           +37%
  Nikkei 225 (Yen) Futures                              18           +41%
  Mini $5 Dow                                          210           +62%

  Total Foreign Exchange Products                      640           +15%
  Australian Dollar                                     53           +41%
  Euro FX                                              202            +8%
  Mexican Peso                                          27           +29%

  Total Commodities and Alternative Investments
   Products                                            949           +20%
  Oats                                                   3           +23%
  Rough Rice                                             2           +14%
  Soybean                                              222           +61%
  Soybean Meal                                          65           +45%
  Soybean Oil                                           77           +64%
  Wheat                                                115           +53%
  Lean Hog                                              37           +22%
  Lumber                                                 2           +42%
  Weather                                                5           +39%
  Feeder Cattle Futures                                  6           +13%
  Corn Options                                          78            +7%
  Electronic Corn                                      188           +28%


  March 2008 Highlights

CME Group E-mini equity index volume averaged a record 4.0 million contracts per day, up 52 percent compared with March 2007. CME Group FX volume averaged a record 759,000 contracts per day, up 16 percent from the same period in 2007, and representing a notional value of $109 billion. CME Group commodities and alternative investments volume averaged 903,000 contracts per day, up 23 percent. CME Group interest rate volume averaged 7.5 million contracts per day, up 2 percent from March 2007. Record monthly NYMEX energy and metals volume on the CME Globex trading platform increased 71 percent to average more than 1.1 million contracts per day.

  March 2008 Average Daily Volume Records
                                                               % Change vs.
  Product                                      March 2008 ADV    March 2007

  Total E-mini Equity Index Products                 4,109           +52%
  E-mini Equity Index Futures                        3,919           +52%
  Equity Standard Futures                              189            +7%
  E-mini Russell 2000                                  365           +41%
  E-mini Russell 2000 Futures                          358           +42%
  E-mini S&P 500                                     2,895           +62%
  E-mini S&P 500 Futures                             2,805           +63%
  E-mini S&P MidCap 400 Futures                         44           +33%
  E-mini MSCI EAFE Futures                               3          +467%
  Nikkei 225 (Yen) Futures                              21            +3%
  Nikkei 225 Futures                                    26           +25%
  Russell 2000                                           6          +116%
  S&P 500 Futures                                      119           +11%

  Total Foreign Exchange Products                      759           +16%
  Electronic FX                                        709           +20%
  FX Futures                                           729           +14%
  FX Options                                            30           +83%
  Australian Dollar                                     61          +314%
  Euro FX                                              251           +20%

  Soybean Meal                                          66           +66%
  Electronic Soybean Meal                               41          +198%
  Mini Silver Futures                                    5          +211%
  Lean Hog                                              43          +290%
  Electronic Lean Hog                                   12          +426%
  Live Cattle                                           53            +1%
  Electronic Live Cattle                                 9          +377%
  Soybean Options                                       64          +161%
  Soybean Oil Options                                   11          +235%



  CME GROUP QUARTERLY AVERAGE DAILY VOLUME
  (In thousands)

                                    Q1 2008       Q1 2007    Percent Change
  PRODUCT LINE
  Interest Rates                    8,251           6,671           24%
  E-minis                           3,628           2,107           72%
  Equity Standard                     201             197            2%
  Foreign Exchange                    640             555           15%
  Commodities and Alt. Inv.*          949             789           20%
     Total                         13,669          10,320           32%

  VENUE
  Open Outcry                       2,336           2,312            1%
  CME Globex and e-CBOT            11,097           7,846           41%
  Privately Negotiated                236             162           46%

*CME Group Commodities and Alternative Investments product line includes the legacy CME commodities and alternative investments product line and the legacy CBOT agricultural product line and metals, energy and other product line.

  CME GROUP MONTHLY AVERAGE DAILY VOLUME
  (In thousands)

                                    March 2008   March 2007  Percent Change
  PRODUCT LINE
  Interest Rates                    7,512           7,365            2%
  E-minis                           4,019           2,642           52%
  Equity Standard                     264             299          -12%
  Foreign Exchange                    759             655           16%
  Commodities and Alt. Inv.*          903             727           24%
     Total                         13,456          11,687           15%

  VENUE
  Open Outcry                       2,048           2,422          -15%
  CME Globex                       11,122           9,088           22%
  Privately Negotiated                286             177           61%

*CME Group Commodities and Alternative Investments product line includes the legacy CME commodities and alternative investments product line and the legacy CBOT agricultural product line and metals, energy and other product line.

  CME GROUP ROLLING THREE-MONTH AVERAGES

  Average Rate Per Contract
  (In dollars, and calculated from combined average daily volumes for entire
  period)

                     By Product Line                      By Venue
                                       Commod-
                                       ities                       Priv-
  3-Month Int-         Equity           and                        ately
  Period  erest   E-   Stand- Foreign   Alt.        Open   Elec-   Negot-
  Ending  Rates  minis  ard   Exchange  Inv. Total Outcry  tronic  iated
  Feb-08  0.506  0.705 1.501  0.963   1.109  0.635  0.563   0.616  2.593
  Jan-08  0.509  0.699 1.478  0.964   1.096  0.635  0.510   0.622  2.947
  Dec-07  0.530  0.687 1.427  0.985   1.074  0.648  0.517   0.629  3.057
  Nov-07  0.523  0.671 1.442  0.972   1.070  0.636  0.503   0.623  3.050


  Average Daily Volume
  (In thousands, average daily volumes combined for entire period)

                     By Product Line                      By Venue
                                       Commod-
                                       ities                        Priv-
  3-Month Int-         Equity           and                         ately
  Period  erest   E-   Stand- Foreign   Alt.         Open   Elec-   Negot-
  Ending  Rates  minis  ard   Exchange  Inv. Total  Outcry  tronic  iated
  Mar-08 8,251   3,628  201     640     949  13,669  2,336  11,097   236
  Feb-08 7,536   3,137  184     558     882  12,297  2,209   9,880   208
  Jan-08 7,390   3,276  187     583     812  12,247  2,241   9,811   195
  Dec-07 6,290   2,817  166     561     740  10,574  1,876   8,528   169

CME Group (http://www.cmegroup.com/) is the world's largest and most diverse derivatives exchange. Formed by the 2007 merger of Chicago Mercantile Exchange Holdings Inc. (CME) and CBOT Holdings, Inc. (CBOT), 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 its trading floors. 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, agricultural commodities, and alternative investment products such as weather and real estate. CME Group is traded on the New York Stock Exchange and 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, Inc. TRAKRS and Total Return Asset Contracts are trademarks of Merrill Lynch & Co., 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 http://www.cmegroup.com/.

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. Among the factors that might affect our performance are: our ability to successfully integrate the businesses of CME Holdings and CBOT Holdings, including the fact that such integration may be more difficult, time consuming or costly than expected and revenues following the merger may be lower than expected; increasing competition by foreign and domestic entities, including increased competition from new entrants into our markets and consolidation of existing entities; our ability to keep pace with rapid technological developments, including our ability to complete the development and implementation of the enhanced functionality required by our customers; our ability to continue introducing competitive new products and services on a timely, cost-effective basis, including through our electronic trading capabilities, and our ability to maintain the competitiveness of our existing products and services; our ability to adjust our fixed costs and expenses if our revenues decline; our ability to continue to generate revenues from our processing services provided to third parties; our ability to maintain existing customers and attract new ones; our ability to expand and offer our products in foreign jurisdictions; changes in domestic and foreign regulations; changes in government policy, including policies relating to common or directed clearing; the costs associated with protecting our intellectual property rights and our ability to operate our business without violating the intellectual property rights of others; our ability to generate revenue from our market data that may be reduced or eliminated by the growth of electronic trading; changes in our rate per contract due to shifts in the mix of the products traded, the trading venue and the mix of customers (whether the customer receives member or non-member fees or participates in one of our various incentive programs) and the impact of our tiered pricing structure; the ability of our financial safeguards package to adequately protect us from the credit risks of clearing members; changes in price levels and volatility in the derivatives markets and in underlying fixed income, equity, foreign exchange and commodities markets; economic, political, geopolitical and market conditions; natural disasters and other catastrophes, our ability to accommodate increases in trading volume and order transaction traffic without failure or degradation of performance of our systems; our ability to execute our growth strategy and maintain our growth effectively; our ability to manage the risks and control the costs associated with our acquisition, investment and alliance strategy; our ability to continue to generate funds and/or manage our indebtedness to allow us to continue to invest in our business; industry and customer consolidation; decreases in trading and clearing activity; the imposition of a transaction tax on futures and options on futures transactions; and the seasonality of the futures business. 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 is available in the Investor Relations section of the CME Group Web site. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.

CME-G

SOURCE: CME Group

CONTACT: Media, William Parke, +1-312-930-3467, or Pamela Plehn,
+1-312-930-3446, or Investors, John Peschier, +1-312-930-8491, all of CME
Group, news@cmegroup.com

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

Corporate Communications

+1 312 930 3434
Email