Effective Sunday, July 15, 2007 (for trade date Monday, July 16), implied functionality will be extended out through the first ten years (40 contract months) for CME Eurodollar futures and future spreads.  With this launch, CME is also launching implied butterfly and calendar futures spreads for the second five years.  Implied butterfly and calendar futures spreads for the first five years are already available on the CME Globex platform.

The additional butterfly and calendar spreads and implied functionality are currently available in New Release for customer testing.