February 1, 2011

Panel Discussion and Webcast: Gold and Crude Oil Volatility Indexes

Date: February 8, 2011
Time: 3:30 p.m. - 5:00 p.m. CST
Locations: CME Auditorium, Online

Please join us in person or online to learn about the opportunities available with our new Gold and Crude Oil Volatility Index products. Volatility Indexes offer efficient, new volatility views on the crude oil and gold markets. They are based on CME Group price data from our deeply liquid, active options on futures markets. Using the established CBOE VIX® methodology, the indexes provide direct, effective ways to measure market expectations of near-term volatility expanded across asset classes.

Speakers

Bob Biolsi, Director, CME Group Energy Research & Product Development
Jay Caauwe, Director, CBOE Business Development
Michael Mollet, Director, CBOE Business Development
Brian Stutland, President, Stutland Equities

Light refreshments

 Register today!

Record-Breaking Weeks for Platinum, Palladium Open Interest

Platinum futures open interest continued its advance to a record 42,196 contracts as of Jan. 21, 2011, surging beyond fresh records of 42,137 contracts set two days prior, 41,604 contracts three days prior, and 40,903 contracts on Jan. 14, 2010. Palladium options also attained a new record open interest of 5,885 contracts as of Jan. 26, 2011, surging past the previous record of 5,835 contracts as of Jan. 18, 2011.

E-micro Gold Futures Set New Volume Record

E-micro Gold futures reached a new record volume of 3,215 contracts as of Jan. 28, 2011, upending the previous day’s record of 2,007 contracts, itself a fresh high off of the prior milestone of 1,439 contracts reached on Jan. 20, 2011.

Gold Volatility Index (VIX) Futures Activity Kicks Off

Gold Volatility Futures (VIX) traded an initial four contracts on January 27, 2010. The contract is trading with competitive bid/ask spreads.

Reuters, Bloomberg Codes for Gold VIX Futures and Options

Reuters and Bloomberg have adopted product codes for CME Group’s Gold Volatility Index (VIX) Futures (GVF) and Gold Volatility Index (VIX) Options (GVP) contracts as follows:

Reuters

• Gold VIX Futures: GVF
• Gold VIX Options: GVP

Bloomberg

• Gold VIX Futures: DVIA
• Gold VIX Options: DVImyCI

Delisting E-mini Gold Futures Contract

Effective trade date Friday, Jan. 28, 2011, the Exchange will delist the E-mini Gold Futures (XGN) contract, and it will no longer be available for trading on CME Globex.

 Read Special Executive Report 5565

For more information, please contact Robert Biolsi, (212) 299-2610; or Joann Arena, (212) 299-2356.

Change to miNY Gold and miNY Silver Futures Contract Month Listing Rule

Effective trade date Monday, Feb. 7, 2011, the contract month listing rule for the miNY Gold Futures (QO) contract and the miNY Silver Futures (QI) contract will be changed. Trading for the miNY Gold contract is to be conducted in any February, April, June, August, October, and December contract month falling within the current 24-month period for which a 100 Troy Ounce Gold Futures (GC) contract is listed. Trading for the miNY Silver contract is to be conducted in any January, March, May, July, September, and December contract month falling within the current 24-month period for which a 5,000 Troy Ounce Silver Futures (SI) contract is listed.

 Read Special Executive Report 5574

For more information, please contact Robert Biolsi, (212) 299-2610; or Joann Arena, (212) 299-2356.

Amendment to Final Settlement Rule for Hot-Rolled Coil Steel Index Futures

Effective Wednesday, Jan. 19, 2011, the Exchange has amended its final settlement rule (Rule 920.07) for the U.S. Midwest Domestic Hot-Rolled Coil Steel Index Futures (HRC) contract to further clarify the final settlement price's calculation, which is to be rounded to the nearest $1.00/short ton.

 Read Special Executive Report 5577

For more information, please contact Robert Biolsi, (212) 299-2610; or Joann Arena, (212) 299-2356.

CME Clearing Accepts Gold as Collateral

CME Clearing offers an enhanced Performance Bond Collateral schedule that allows firms to post physical gold to CME Clearing to cover non-segregated (NSEG) Performance Bond requirements. For more information, please visit the links below:

Professional Metals Market Commentary on www.cmegroup.com

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