CME launches E-miniTM NASDAQ Composite Index futures.

0 Comments | M2 Presswire, October, 2003

M2 PRESSWIRE-28 October 2003-Chicago Mercantile Exchange: CME launches E-miniTM NASDAQ Composite Index futures(C)1994-2003 M2 COMMUNICATIONS LTD RDATE:10272003 CHICAGO and NEW YORK - Chicago Mercantile Exchange Inc. (CME) today launched trading in E-miniTM NASDAQ Composite Index futures at 8:30 a.m.

Central time on its GLOBEX electronic trading platform. "The new E-mini NASDAQ Composite Index futures contract provides a significant tool for equity market risk management and price discovery for a wide variety of asset and other financial managers," said John L. Jacobs, CEO of NASDAQ Financial Products. "We are pleased to be expanding our range of products based on NASDAQ's benchmark indexes," said CME Chairman Terry Duffy. "NASDAQ and CME have long...