October 6 , 2011

 Gold and Platinum Options Strong through September
 Creating a Virtual Steel Mill
 CME Group Clears the Way for Metals

 CME Group School of Futures - London

 Monthly Metals Update - Chart Book
 Professional Metals Market Commentary on www.cmegroup.com
 Don't Miss a Minute of CME Group News!

Gold and Platinum Options Strong Through September

Gold options open interest reached a new high of 1,521,491 contracts on September 26, 2011, breaking the previous record of 1,509,050 attained September 23, 2011. E-Micro Gold futures also broke the previous open interest record obtained on September 26, 2011 of 4,738 with 4,739 contracts on September 28, 2011. Platinum options peaked with an open interest of 29,679 achieved on September 19, 2011, surpassing the 29,630 attained on September 15, 2011.

Creating a Virtual Steel Mill

Rapid economic growth and structural changes in Brazil, Russia, India, and especially China, have upended the ferrous metals industry in recent years. Steel raw materials and related products like ferrous scrap that were once traded domestically or north-to-south are now traded globally.

To counter what has become an unpredictable spot market, the industry has naturally looked for products that offer transparency, mitigation of price risk, and liquidity. CME Group sought to meet that demand, and through our NYMEX exchange, launched our first steel contract, U.S. Midwest hot rolled coil (HRC), in 2008.

 Read more on CME's creation of a Virtual Steel Mill

CME Group Clears the Way for Metals

"Increased volatility in the steel and metals markets has prompted many North American and international companies to turn to the range of metals derivatives, including futures, swaps and options contracts, offered by the Chicago-based CME Group", reports Myra Pinkham of Metal Bulletin.

 Read the article

CME Group School of Futures - London

This is a comprehensive, four-day introductory program created by industry education experts from CME Group for those interested in learning the basics of futures, options and centralized clearing. You will also learn about each of the key markets, including Equity Indexes, FX, Interest Rates, Energy, Metals and Agriculture - all through a variety of presentations, interactive discussions and hands-on trading sessions. If you plan on working in the business side of virtually any industry, you owe it to yourself to gain a firm grasp of how the futures markets work.

Cost: 1,000 British Pounds Sterling (approx. $1,625 USD)

Location:
One Moorgate Place
London
EC2R 6EA
T: 020 7920 8625

Who Should Attend: Both courses are introductory level programs intended for firms or individuals who are first entering or transitioning into a futures industry related role, whether it be trading, back-office, regulatory or media. Attendees will gain a deep understanding of market history, terminology, the regulatory environment, market platforms and financial integrity, as well as trading applications from both a hedge and speculative perspective.

Enroll today. Space is limited.

 For more information go to www.cmegroup.com/schooloffutures

Access the Monthly Metals Update - Chart Book
View a global trading summary of metals markets, including product highlights, average daily volume, open interest and historical volatility.

 For more information on Exchange metals products, please visit cmegroup.com/metals, or contact one of the following Exchange representatives:

Professional Metals Market Commentary on www.cmegroup.com

Want an experienced perspective to help you make smart metals trading decisions?

Be sure to check out the Metals Market Commentary on our product landing page.

The 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 look ahead at the next day's schedule. You may also view and bookmark this page for daily market commentary on a variety of asset classes across the Exchange.

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About CME Group

As the world's leading and most diverse derivatives marketplace, CME Group 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 the CME Globex electronic trading platform and 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.

More information on CME Group Products:

Agriculture   |   Interest Rates   |   Energy   |   Equities   |   Metals   |   FX   |   Weather   |   CME ClearPort   |   Credit