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CME Chairman Terry Duffy said, “CME, which was the first U.S. exchange to demutualize and become publicly-traded in 2002, has decided to dual list its stock on The Nasdaq Stock Market, one of the world’s leading marketplaces. Since completing our successful IPO, we have focused on building and diversifying our shareholder base, while ensuring the orderly development of liquidity in our stock. Today’s decision reflects our commitment to providing our shareholders with the additional benefits that listing on NASDAQ provides.”
”CME is now the largest derivatives exchange in the world, and we welcome them to our family of industry leading companies,” said Bob Greifeld, president and chief executive officer of The Nasdaq Stock Market. “Clearly CME is uniquely qualified to evaluate listing venues and we are pleased that they have chosen to dual list with NASDAQ.”
CME Chief Executive Officer Craig Donohue said, “Given CME’s position as one of the world’s leading financial technology companies, we believe that listing our stock on NASDAQ – which is already home to many of the world’s most successful technology companies --successful technology companies -- will further enhance our already strong corporate brand and raise additional investor awareness of our stock.”
With approximately 3,400 companies, NASDAQ lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to category-defining companies that are leaders across all areas of business including technology, retail, communications, financial services, media and biotechnology. For more information about NASDAQ, visit the NASDAQ Web site at www.NASDAQ.com or the NASDAQ Newsroom at www.NASDAQ.com/newsroom/.
Chicago Mercantile Exchange Holdings Inc. became the first publicly traded U.S. financial exchange, on Dec. 6, 2002. The company was added to the Russell 1000® Index on July 1, 2003. It is the parent company of Chicago Mercantile Exchange Inc. (www.cme.com), the largest futures exchange in the United States. As an international marketplace, CME brings together buyers and sellers on CME Globex® electronic trading platform and on its trading floor. CME offers futures and options on futures primarily in four product areas: interest rates, stock indexes, foreign exchange and commodities. The exchange moved about $1.5 billion per day in settlement payments in first-quarter 2005 and managed $44.4 billion in collateral deposits at March 31, 2005, including $4.3 billion in deposits for non-CME products.
