With our recent merger, CME Group interest rate products now span the entire U.S. dollar-denominated yield curve allowing you to manage short-, medium- and long-term interest rate risk with products based on Fed Funds, three month Eurodollars, U.S. Treasury securities, and interest rate and credit default swaps CME Group also offers products that address interest rate and inflations risks in Europe and Japan.

CME Interest Rate News

• New Market Maker Programs for Interest Rate Products
  With the migration of CBOT products to CME Globex on January 27, 2008, CME Group is pleased to announce new electronic market maker programs for 30-Day Fed Funds and CBOT Interest Rate Swap futures, and U.S. Treasury and 30-Day Fed Funds options. For more information, click here.

• CME Lehman Brothers U.S. Aggregate Index Futures
  On October 1, CME Group will launch futures on the Lehman Brothers U.S. Aggregate Index, the preeminent benchmark debt index for U.S. investment-grade fixed income securities. Lehman Brothers U.S. Aggregate Index futures will represent the world’s first exchange-traded contracts based on a U.S. broad-based, fixed income index.
  
  For more information visit www.cme.com/lehman or email interestrates@cmegroup.com.

• CME Swaps on Swapstream – Coming Q1 2008
  In Q1 2008, CME Group will launch CME Swaps on Swapstream, the first OTC interest rate swap to offer the full benefits and financial safeguards of central counterparty clearing. CME Swaps on Swapstream will include forward-dated interest rate swaps denominated in USD and EUR, with maturities ranging from three months to 30 years and are traded on the Swapstream sPro™ platform
  
  For more information, visit www.cme.com/swaps or contact Steve Dayon 312.466.4667 or Peter Barker at 312.930.8554.

• Enhanced CME EOS Trader Demo
  The best way to access options on CME Globex is through CME Globex Partners; however, if your FCM or ISV does not currently support enhanced option functionality on the CME Globex platform, you may want to consider CME EOS Trader, a web-based front-end system with comprehensive electronic access to options trading for Interest Rate, Equity, FX, and Commodity products, as well as NYMEX Energy products.
  
  Visit www.cme.com/eos to experience the CME EOS Trader Demo complete with functionalities such as user defined spreads, covereds and order management.

• Discounted Fees for CME Eurodollar Options on CME Globex
  CME has instituted special fee incentives beginning in May and continuing through December 31, 2008 for CME Eurodollar options executed on the CME Globex platform:

  • CME Globex fees for members are discounted from $0.25 to $0.15
  • CME Globex fees for non-members are discounted from $0.55 to $0.25
  • In addition, there is a waiver of the $0.05 give-up surcharge for all CME Eurodollar options executed electronically.
    
    For more information regarding discounted fees, visit our Web site at www.cme.com/options.