Chicago Mercantile Exchange and Merrill Lynch launch second round of long-short technology TRAKRS; Total of 3.32 million contracts more than double the level of the first long-short technology TRAKRS.

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M2 PRESSWIRE-30 January 2004-Chicago Mercantile Exchange: Chicago Mercantile Exchange and Merrill Lynch launch second round of long-short technology TRAKRS; Total of 3.32 million contracts more than double the level of the first long-short technology TRAKRS(C)1994-2004 M2 COMMUNICATIONS LTD RDATE:01292004 CHICAGO -- Chicago Mercantile Exchange Inc.

(CME) announced today the successful launch of the second round of its popular Long-Short Technology TRAKRSSM products, developed jointly with Merrill Lynch (NYSE:MER). In a special opening procedure concluded yesterday, 3.32 million contracts representing more than $83 million in value were traded. It was the seventh in a series of non-traditional futures products and the first time a second round of an...