2007'03.14.Wed
CME to Launch E-mini(R) Futures on Xinhua/FTSE(R) China 25 Index

March 14, 2007
CME is the First U.S. Exchange to List Futures on the
Chinese Equity Market
HONG KONG and CHICAGO, March 14 /Xinhua-PRNewswire/ --
CME, the world's largest and most diverse financial
exchange, announced today it is partnering with China index
provider Xinhua FTSE Index (XFI) to list CME E-mini(R)
futures on the Xinhua/FTSE(R) China 25 Index, scheduled to
begin trading on May 20.
(Logo: http://www.xprn.com.cn/xprn/sa/200611140926.gif
)
The XFI China 25 index consists of 25 of the largest
Chinese companies listed on the Hong Kong Stock Exchange
and has a total market capitalization of about $241
billion. The company behind the index, Xinhua FTSE Index,
was established in 2000 in a joint venture between global
index provider FTSE Group (FTSE) and Xinhua Finance,
China's premier financial information and media service
company. Many investors around the world are also already
familiar with the index through the iShares FTSE Xinhua
China 25 Index Fund (ticker: FXI), which trades on average
more than two million shares a day.
CME, the leader in exchange listed equity index futures
products, will be the first U.S. exchange to list futures on
the Chinese equity market. The contracts will be traded
exclusively on CME Globex(R) and available for trading
virtually 24 hours a day.
"Launching the CME E-mini Xinhua/FTSE China 25
Index futures is another step in developing our Asian
business strategy," CME Executive Chairman Terry Duffy
said. "CME is committed to bringing products to our
growing base of customers that are accessible in Asian time
zones and relevant to their portfolio management
requirements."
"Our customers want electronic access to the Asian
markets on a platform that is fast and reliable," CME
Chief Executive Officer Craig Donohue said. "Last year
nearly 400 million E-mini equity index contracts traded at
CME, which lists some of the most actively traded equity
index futures products in the world. We look forward to
adding the Xinhua/FTSE China 25 Index to our suite of
benchmark equity indexes."
"We are very pleased to be partnering with the
CME, a recognized institution in the Asian financial
community," commented XFI Managing Director Norman
Yen. "All of the stocks in our XFI China 25 Index are
liquidity screened and individual index constituents are
capped at 10% to avoid over-concentration of any single
stock. The result is a liquid stock index that will now
appeal to even more investors when it can be traded as a
futures contract."
Futures on the U.S.-dollar based cash settled index,
which will be listed on a quarterly cycle, will have a tick
size of five index points or US $25 or approximately HKD
$194.50. For more information on the CME E-mini
Xinhua/FTSE China 25 Index futures, please go to
http://www.CME.com/FTSE . More information about XFI's
suite of China index products is available at
http://www.ftsexinhua.com .
About CME
CME ( http://www.cme.com ) is the world's largest and
most diverse financial exchange. As an international
marketplace, CME brings together buyers and sellers on the
CME Globex(R) electronic trading platform and on its
trading floors. CME offers futures and options on futures
in these product areas: interest rates, stock indexes,
foreign exchange, agricultural commodities, energy, and
alternative investment products such as weather, real
estate and economic derivatives. CME is a wholly-owned
subsidiary of Chicago Mercantile Exchange Holdings Inc.
(NYSE, NASDAQ: CME), which is part of the Russell 1000(R)
Index and the S&P 500(R) Index.
About Xinhua FTSE Index
Established in late 2000, Xinhua FTSE Index (XFI), a
joint venture between Xinhua Finance Limited and FTSE
Group, came into being to facilitate the creation of
real-time indices for the Chinese market. The indices can
be used as a basis for the trading of derivatives,
index-tracking funds, Exchange Traded Funds and as
performance benchmarks. The combination of FTSE's
expertise in international indexing with Xinhua Finance's
strong presence and capabilities in China creates a level
of expertise in the Chinese market that is unprecedented.
Providing the combined coverage for the Shanghai and
Shenzhen exchanges, all of the Xinhua FTSE indices are
designed according to internationally proven index
methodology to ensure products are transparent, clear and
consistent. For daily data and further information, please
visit http://www.ftsexinhua.com .
Statements in this news release that are not historical
facts are forward-looking statements. These statements are
not guarantees of future performance and involve risks,
uncertainties and assumptions that are difficult to
predict. Therefore, actual outcomes and results may differ
materially from what is expressed or implied in any
forward-looking statements. More detailed information
about factors that may affect our performance may be found
in our filings with the Securities and Exchange Commission,
including our most recent Annual Report on Form 10-K, which
can be obtained at its Web site at http://www.sec.gov . We
undertake no obligation to publicly update any
forward-looking statements, whether as a result of new
information, future events or otherwise.
Chicago Mercantile Exchange, CME, the globe logo, CME
Globex and E-mini are trademarks of Chicago Mercantile
Exchange Inc. S&P, S&P 500, NASDAQ-100, Nikkei
225, Russell 1000, Russell 2000, TRAKRS, Total Return Asset
Contracts and other trade names, service marks, trademarks
and registered trademarks that are not proprietary to
Chicago Mercantile Exchange Inc. are the property of their
respective owners, and are used herein under license.
Further information about CME and its products is available
on the CME Web site at http://www.cme.com .
For more information, please contact:
CME Media Contacts:
Mary Haffenberg
Tel: +1-312-930-3435
Allan Schoenberg
Tel: +1-312-930-8189
Email: news@cme.com
Web: http://www.cme.com/mediaroom
Investor Contact:
John Peschier
Tel: +1-312-930-8491
Xinhua FTSE Index Media Contacts:
Jean Li
Tel: +86-10-5864-5276
Email: Jean.li@xinhuaftse.com
Sandra Steele
Tel: +44-207-866-8987
Email: media@ftse.com
Joy Tsang
Tel: +86-21-6113-5999
Email: Joy.tsang@xinhuafinance.com
PR
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