News Release

CME Group Statement

Tue Sep 16 2014

CHICAGO, Sept. 16, 2014 /PRNewswire/ -- Today CME Group released the following statement regarding McKerr v. Board of Trade of the City of Chicago:

"After two years of litigation, and following a lengthy decision by the Court denying plaintiffs' motion for a preliminary injunction and raising serious doubts about the viability of their claims, the plaintiffs have agreed to dismiss their suit against CME Group and abandon all of their claims against the defendants.  They have agreed to do so without receiving any payment whatsoever from CME.  In so doing, plaintiffs today are acknowledging what CME has said all along – the claims are meritless and should have never been brought in the first place.  While this is a decisive victory for CME, it is unfortunate that the plaintiffs wasted so much of their own time and money, not to mention that of the Court and CME, chasing these baseless claims."    

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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 world's leading central counterparty clearing providers, which offers clearing and settlement services across asset classes for exchange-traded contracts and over-the-counter derivatives transactions. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk.

CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc.  CBOT and the Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are registered trademarks of New York Mercantile Exchange, Inc.  COMEX is a trademark of Commodity Exchange, Inc.  KCBOT, KCBT and Kansas City Board of Trade are trademarks of The Board of Trade of Kansas City, Missouri, 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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