News Release

CME Group Celebrates One-Year Anniversary of the Ultra Treasury Bond

Tue Jan 11 2011

CHICAGO, Jan. 11, 2011 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today marked the one-year anniversary of the Ultra Treasury Bond contract.  The contract, which is listed with and subject to CBOT rules, is the fastest growing interest rate product ever launched by the CME Group exchanges.    

Robin Ross, Managing Director of Interest Rate Products, and Jonathan Kronstein, Associate Director of Interest Rate Products, discuss the one-year anniversary of the Ultra Bond contract herehttp://players.brightcove.net/49919183001/46f29b5c-718a-4f1f-aabc-37aadea1426c_default/index.html?videoId=ref:110103Ultra

 The Ultra Bond was launched on January 11, 2010, in response to strong customer demand for a contract that mimics the duration of a 30-year Treasury bond.  Milestones include:

  • Nearly 4,500 contracts changed hands on its first day of trading;
  • First quarter average daily volume surpassed 14,000 contracts;
  • Fourth quarter average daily volume exceeded 52,000 contracts;
  • On November 24, the Ultra experienced record volume of 349,000 contracts traded, and record open interest of 380,000;
  • As of December 31, open interest was more than 307,000.


 

For more information about the Ultra Bond, please visit www.cmegroup.com/ultra.  

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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