News Release

CME Group to List Electronic Feeder Cattle Options

Tue Nov 18 2008

CHICAGO, Nov. 18 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, announced today that options on feeder cattle futures will be listed on CME Globex® beginning Monday, November 24, 2008.

The electronically traded feeder cattle options will be offered virtually 23 hours a day each weekday, including side-by-side with the floor traded product that will continue to trade from 9:05 a.m. to 1:02 p.m. Chicago time. Electronic trading begins on Mondays at 9:05 a.m. and remains open through Fridays at 1:55 p.m. with daily hour-long trading halts from 4:00 p.m. to 5:00 p.m.

The electronically traded feeder cattle options have the exact same contract specifications and are fungible with the floor-traded contracts.

CME Group ( is the world's largest and most diverse derivatives exchange. Building on the heritage of CME, CBOT and NYMEX, CME Group serves the risk management needs of customers around the globe. As an international marketplace, CME Group brings buyers and sellers together on the CME Globex electronic trading platform and on trading floors in Chicago and New York. By acting as the buyer to every seller and the seller to every buyer, CME Clearing virtually eliminates counterparty credit risk. CME Clearing also offers $7 billion in financial safeguards to help mitigate systemic risk, providing the security and confidence market participants need to operate, invest and grow. CME Group offers the widest range of benchmark products available across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, and alternative investment products such as weather and real estate. CME Group is listed on NASDAQ under the symbol "CME."

The Globe logo, CME, Chicago Mercantile Exchange, CME Group, Globex and E-mini, are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago. NYMEX, New York Mercantile Exchange, and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. All other trademarks are the property of their respective owners. Further information about CME Group and its products can be found at



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