News Release

CME Group Announces Latin American Fund Manager Incentive Program

Wed Sep 23 2009



CHICAGO, Sept. 23 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives marketplace, today announced a new Latin American Fund Manager Incentive Program (FMIP) that will enable registered Latin American-based funds to receive discounted trading fees for electronic trading of CME, CBOT and NYMEX products, scheduled to begin October 1.


Approved fund accounts of fund managers based in Latin America with at least $100 million in assets under management can qualify to receive favorable trading fees for futures on benchmark equity indexes, interest rates, foreign currencies, energy and agricultural commodity products.


"This fund manager program follows the recent successful launches of our South American and Latin American Commercial Incentive Programs that make our order routing agreement with BM&FBOVESPA even more attractive to accomplish their risk management objectives," said Rick Redding, CME Group Managing Director of Products and Services. "In addition to these new attractive fee plans, we continue to provide our Latin American-based customers transparent and liquid markets for hundreds of global benchmark products, including futures and options on Eurodollars, US Treasury's, the E-mini® S&P 500®, crude oil and wheat."


The Fund Manager Incentive fee program, which will be offered to firms in 22 countries, runs through December 31, 2010.


As the world's largest 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 its CME Globex® electronic trading platform and its 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®. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.


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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