News Release

CME Group to Offer South American Incentive Program

Tue Mar 24 2009

CHICAGO, March 24 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced a new South American Incentive Program that will enable South American-based banks to receive discounted trading fees for propriety trading of CME Group products, scheduled to begin May 1.


Qualified banks will receive discounts on nearly every CME Group product. Banks located in Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, French Guiana, Guyana, Paraguay, Peru, Suriname, Uruguay and Venezuela are eligible to participate in the program.


"This incentive program, combined with our order routing agreement with BM&FBOVESPA, is part of our strategy to encourage South American customers to utilize CME Group products as solutions to their risk management needs," said Rick Redding, CME Group Managing Director of Products and Services. "Customers and prospective customers alike have been telling us they want a variety of products that are accessible, transparent and carry virtually no counterparty risk. We are adding to that this program, which is similar to other incentive programs we have employed in other regions to further globalize our customer base."


South American banks participating in the fee program, which runs through December 31, 2010, will be able to trade futures on every major asset class including energy and agricultural commodities, interest rates, equity indexes and foreign currencies. The fee discount will not be immediately available for metals products.


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 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, E-mini and CME ClearPort 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 and New York Mercantile Exchange 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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