New to our suite of gold products, which includes the 100-oz. Gold futures contract and the 50-oz. COMEX miNY Gold futures contract, is the 10-oz. E-micro Gold (MGC) futures contract. At one-tenth the size of our benchmark gold contract, this new contract is tailored to meet the demands of the active individual investor looking for the opportunity to trade physical gold in smaller increments, and for those seeking a less capital-intensive alternative to trading the largest and most liquid gold futures contract in the world.

As of September 12, 2011 (for the October 2011 contract), the E-micro Gold futures will offer the opportunity of a 10:1 offset with 100- oz. Gold futures contract. This fungibility enables market participants to offset their E-micro Gold futures positions against positions held in the benchmark 100-oz. Gold futures market.

Since its launch the contract has experience an enthusiastic market reception and continues to set new records both in daily volume which reached 8,574 on Aug. 9, 2011 and open interest which reached a high of 1934 contracts on Sep. 2, 2011. Daily volume has averaged more than 1,600 contracts in 2011.