CME clearing house surpasses one billion cleared trades for 2004; Electronic trading at CME approaching one billion milestone.

0 Comments | M2 Presswire, September, 2004

M2 PRESSWIRE-28 September 2004-Chicago Mercantile Exchange: CME clearing house surpasses one billion cleared trades for 2004; Electronic trading at CME approaching one billion milestone(C)1994-2004 M2 COMMUNICATIONS LTD RDATE:09272004 CHICAGO - Chicago Mercantile Exchange Inc. (CME), the largest U.S.

futures exchange and largest clearing organization for futures in the world, announced today that it has officially cleared one billion contracts for the calendar year as of the end of trading on Friday, September 24. This is the first time the exchange's clearing house has achieved this milestone. Last year, CME cleared a total of 640 million contracts. Adding to overall clearing volume this year has been the addition of the Chicago Board of Trade (CBOT) as...