News Release

CME Appoints Jeffrey P. Kilinski as Director, Interest Rate Products

Wed Apr 13 2005

CME Appoints Jeffrey P. Kilinski as Director, Interest Rate Products to Grow Electronic Interest Rate Options Volume CHICAGO, April 13, 2005 - CME, the largest U.S. futures exchange, announced today it has appointed Jeffrey P. Kilinski as Director, Interest Rate Products. Kilinski, who has over 15 years of financial services experience specializing in interest rate futures and options positions for Lehman Brothers and J.P. Morgan Futures, Inc., will work with the CME Interest Rate Products Team to drive interest rate options volume growth on the CME® electronic Enhanced Options System. Kilinski will report to Robin Ross, Managing Director, CME Interest Rate Products. “Jeff possesses a great breadth and depth of experience in fixed income and interest rate markets, and his extensive knowledge of our client base will be a great asset to us as we work to grow our market share of interest rate options products traded on CME® Globex®,” said CME CEO Craig Donohue. “With strong overall growth in options and strong electronic markets, CME has a solid base further to expand its electronic options markets and remain the world’s largest exchange-traded interest rate options market.” “We want to continue the momentum in our options products that we experienced last year in our CME Eurodollar futures products, when volume grew from 10 percent electronic in January 2004 to 70 percent electronic by year-end,” added Ross. “CME Eurodollar options products are primarily pit-traded today, and our volume is already growing at a tremendous rate. In March average daily volume was 834,000 contracts, up 91 percent over year-ago levels. The integration of our Enhanced Options System into CME Globex in the third quarter of 2005 will further this growth by providing our Eurodollar options clients the efficiencies of electronic trading. “ The CME Eurodollar contract is the most actively traded futures contract in the world. Average daily volume of CME Eurodollar futures on CME Globex in the first quarter grew to 1.1 million contracts, up from 153,000 contracts per day in first-quarter 2004, and averaged a record 1.2 million contracts a day in March. On April 1, CME Eurodollar contracts traded electronically surpassed 2.4 million contracts, a new single-day record, overtaking the previous record of 2.1 million contracts set in March. Kilinski, 46, previously served as a Vice President for Lehman Brothers, Inc. where he was responsible for sales of futures, derivatives, treasuries, agencies and other fixed income products. He specialized in interest rate futures and options on futures sales at Lehman Brothers and at J.P. Morgan Futures, Inc. where he served as a Vice President from 1993-2002. Kilinski also worked as an asset manager for Jones Lang Wootton Realty Advisors in New York City, where he managed a $250 million real estate portfolio, and for Homart Development Company in Chicago. He is a Series 7, Series 3 and Series 63 registered representative. Kilinski also served as a Captain in the United States Air Force. During his military service, he managed acquisition and production programs. He earned a bachelor’s degree in aerospace engineering from the University of Notre Dame and an MBA degree in finance and policy from the University of Chicago. Chicago Mercantile Exchange Inc. ( is the largest futures exchange in the United States. As an international marketplace, CME brings together buyers and sellers on CME Globex® electronic trading platform and on its trading floor. CME offers futures and options on futures primarily in four product areas: interest rates, stock indexes, foreign exchange and commodities. The exchange moved about $1.42 billion per day in settlement payments and managed $44.3 billion in collateral deposits as of March 31, 2005, including $3.99 billion in deposits for non-CME products. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc. (NYSE: CME), which is part of the Russell 1000® Index. Chicago Mercantile Exchange, CME, the globe logo and CME Globex are registered trademarks of Chicago Mercantile Exchange Inc. E-mini is a trademark of CME. Russell 1000, TRAKRS and other trade names, service marks, trademarks and registered trademarks that are not proprietary to Chicago Mercantile Exchange Inc. are the property of their respective owners, and are used herein under license.

Corporate Communications

+1 312 930 3434