News Release

CME Group's Donohue to Present at Joint CFTC-SEC Advisory Committee

Tue Jun 22 2010

CHICAGO, June 22 /PRNewswire-FirstCall/ -- CME Group, the world's leading and most diverse derivatives marketplace, announced that its Chief Executive Officer, Craig Donohue will appear today before a joint CFTC-SEC Advisory Committee on Emerging Regulatory Issues related to market events of Thursday, May 6, 2010.

"We have reviewed the joint report by the CFTC and SEC and we commend the agencies for their careful and thoughtful review," said Chief Executive Officer, Craig Donohue. "After our own examination, we believe our Stop Logic functionality provided the opportunity on May 6 to source needed liquidity at a crucial time, and we think a comprehensive, coordinated and quantitative review of the market-wide circuit breaker levels and duration of pause should be undertaken across all market centers and trading venues supporting equity based products, including cash equities, single name and index options, single stock futures, index futures and options on index futures, and total return swaps and structured products."

The hearing is scheduled for 1 p.m. Eastern time Tuesday at the SEC headquarters in Washington DC will be available as a webcast on the SEC's website. Mr. Donohue's testimony will be available at www.cmegroup.mediaroom.com.

As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk.  CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate.   CME Group brings buyers and sellers together through its CME Globex electronic trading platform and its trading facilities in New York and Chicago.  CME Group also operates CME Clearing, one of the largest central counterparty clearing services in the world, which provides clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort.  These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets. 

The Globe logo, CME, Chicago Mercantile Exchange, CME Group, Globex, E-mini and CME ClearPort 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 and New York Mercantile Exchange 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 (Nasdaq: CME) and its products can be found at www.cmegroup.com

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