June 9, 2011

London Trading at Marker (TAM) to Launch

CME Group is pleased to announce that effective trade date Monday, Jun. 13, 2011, the Exchange will offer Trading at Marker (TAM) based on the London market close at 4:30 p.m., London time (10:30 a.m. CT). TAM is a hedging tool designed to link the U.S. and European markets more closely, particularly the CME Group Heating Oil futures market with ICE Gasoil Futures.

Like Trading at Settlement (TAS), TAM parties will be permitted to trade at a differential that represents a not-yet-known price. However, London TAM trading uses the Exchange determined London marker price as opposed to the Exchange determined settlement price. Additionally, London TAM trading has been made available for the spot month on the last trading day of the underlying futures contract. This will enable a more perfect hedge with futures positions better aligned to their OTC-cleared counterparts.

TAM will have a staggered Sunday Pre-Open at 10:20 p.m. and 10:50 p.m. London Time during U.S. Daylight Savings Time (4:20 p.m. and at 4:50 p.m. CT).

Further details on London TAM are available in Special Executive Report 5788.

Please also note that Singapore TAM will be available effective Jul. 11, 2011. For details, please read Special Executive Report 5794.

For more information, please contact Daniel Brusstar, +1 212 299 2604; Bill Doherty, +1 212 299 2925; or Mike Cazakoff, +1 212 299 2934.

The World’s Most Liquid Benchmark: Light Sweet Crude Oil (WTI) Futures and Options

Open interest in WTI Crude Oil futures (CL), the world’s most liquid crude oil benchmark, maintained double-digit increases compared to the previous year, growing 12.2 percent as of Jun. 6, 2011. Total weekly volume reached 2.72 million contracts last week and averaged 3.36 million contracts in the past four weeks. Average daily volume for May 2011 posted gains of 19.2 percent compared to the previous month.

The WTI Crude Oil Options Complex attained open interest of 7,102,157 contracts on Jun. 6, 2011. Total weekly volume averaged 829,705 contracts in the last four weeks, and the complex’s average daily volume for May 2011 rose 20.5 percent compared to April.

To learn more about global benchmark Light Sweet Crude Oil (WTI) futures and options, please be sure to visit www.cmegroup.com/wti, where you will find a wealth of educational resources and up-to-the minute quote information.

Electricity Contract Launch - CAISO SP15 EZ Gen Hub 5 MW Peak Calendar - Month Day - Ahead LMP Swap Option

Effective trade date Monday, Jun. 6, 2011, the Exchange has listed the CSZ: CAISO SP15 EZ Gen Hub 5 MW Peak Calendar-Month Day-Ahead LMP Swap Option contract for trading on the New York trading floor and for clearing through CME ClearPort. Submission of Exchange of Futures for Related Position (EFRP) transactions through CME ClearPort is allowed per Exchange Rule 538.

For rates and fees, please read Special Executive Report 5768

The contract is listed with NYMEX, and subject to the rules and regulations of NYMEX and Chicago Mercantile Exchange Inc.

For more information, please contact Robert Biolsi, +1 212 299 2610.

Petrochemicals Delisting – One Futures Contract

Following trade date Friday, Jun. 3, 2011, the Exchange has delisted the 1F: Mont Belvieu Ethylene (PCW) Futures contract from the New York trading floor and CME ClearPort. The Exchange will continue to offer the physically-delivered MBE: Mont Belvieu Spot Ethylene In-Well (PCW) Futures contract as an alternative instrument in light of the market’s migration to this more efficient hedging tool. The latter contract is listed for trading on the New York trading floor and for submission for clearing through CME ClearPort.

For the contract details, please read Special Executive Report 5770.

For more information, please contact Daniel Brusstar, +1 212 299 2604; or Alex Siff, +1 212 299 2368.

Petroleum Contract Launch – Four New Fuel Oil Futures

Effective trade date Monday, Jun. 20, 2011, the Exchange will list four new financially settled petroleum futures contracts for trading on the New York trading floor and for submission for clearing through CME ClearPort. Submission of Exchange of Futures for Related Position (EFRP) transactions through CME ClearPort will be allowed per Exchange Rule 538.

• STS: Singapore Fuel Oil 180 cst (Platts) 6.35 Dubai Crack Spread Swap Futures
• STI: Singapore Fuel Oil 380 cst (Platts) 6.35 Dubai Crack Spread Swap Futures
• STR: Singapore Fuel Oil 180 cst (Platts) 6.35 Brent Crack Spread Swap Futures
• STB: Singapore Fuel Oil 180 cst (Platts) 6.35 Dubai Crack Spread BALMO Swap Futures

For rates and fees, please read Special Executive Report 5789.

The contract is listed with NYMEX, and subject to the rules and regulations of NYMEX and Chicago Mercantile Exchange Inc.

For more information, please contact Owain Johnson, +65 6593 5568; or Daniel Brusstar, +1 212 299 2604.

Petroleum Contract Launch - Twelve New Swap Futures

Effective trade date Monday, Jun. 20, 2011, the Exchange will list twelve new financially settled petroleum futures contracts for trading on the New York trading floor and for submission for clearing through CME ClearPort. Submission of Exchange of Futures for Related Position (EFRP) transactions through CME ClearPort will be allowed per Exchange Rule 538.

For the contract details, please read Special Executive Report 5787.

The contracts are listed with NYMEX, and subject to the rules and regulations of NYMEX and Chicago Mercantile Exchange Inc.

For more information, please contact Daniel Brusstar; +1 212 299 2604; Elizabeth Hui, +1 212 299 2623; or Alex Siff, +1 212 299 2368.

Refined Products Contract Launch – Two New Singapore Gasoline Crack Spreads

Effective trade date Monday, Jun. 6, 2011, the Exchange has listed two financially settled Singapore Gasoline Crack Spread Swap Futures contracts for trading on the New York trading floor and for submission for clearing through CME ClearPort. Submission of Exchange of Futures for Related Position (EFRP) transactions through CME ClearPort is allowed per Exchange Rule 538. The contracts are:

• 1ND: Singapore Mogas 92 Unleaded (Platts) Dubai Crack Spread Swap Futures
• 1NB: Singapore Mogas 92 Unleaded (Platts) Brent Crack Spread Swap Futures

For rates and fees, please read Special Executive Report 5778.

The contract is listed with NYMEX, and subject to the rules and regulations of NYMEX and Chicago Mercantile Exchange Inc.

For more information, please contact Owain Johnson, +65 6593 5568.

Events - Introducing the School of Futures

If you make your living in the business world, you owe it to yourself to gain a firm grasp of futures and options fundamentals. The CME Group School of Futures, a comprehensive, five-day program created by CME Group experts, is the perfect opportunity for students of all ages to master the concepts, mechanics, history and strategies that define today’s derivatives markets. Interactive discussions and hands-on trading sessions will deepen and solidify your command of these crucial financial tools in all of the various asset classes and product complexes.

Space is limited. Enroll today.

DETAILS

New York: Jul. 18-22, 2011

Registration Fee: $750

Monthly Energy Update – Chart Book

Don’t miss our monthly energy update for trading highlights and details of futures and options volume, open interest and historical volatility, all in a convenient, at-a-glance, chart book format.

 View the Monthly Energy Update – Chart Book

FirstCall Market Squawk - An Integrated, Vocal, Bespoke Media Service

Be sure to check out FirstCall Market Squawk, which provides traders, brokers and private clients with an up-to-the-second audio alert service. Market Squawk aggregates market news, sentiment and trends as they develop - helping you to react quickly and confidently to daily events as their expert analysts and broadcasters provide you with valuable insight.

 For more information please visit http://fcmarketsquawk.com/about.

Professional Energy Market Commentary on www.cmegroup.com

Looking for energy market commentary, from the experts, updated throughout the day?

Be sure to check out the Energy Market Commentary, where you will find experienced perspectives to help you make smart energy trading decisions. Commentators include:

• Dominick Chirichella of the Energy Management Institute
• Stephen Schork of the Schork Report
• Dean Rogers and Cynthia Kase of Kase and Co.
• Experts from CME Group Energy

Daily commentaries provide a recap of each product’s traded price activity, an analysis of the factors that influenced price activity, a recap of any reports released that day, and a pre-market look ahead at the next day’s schedule.

Be sure to bookmark our market commentary section and take advantage of this convenient and comprehensive resource for a variety of asset classes - available at no cost!

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