CME Eurodollar Futures Sets New Open Interest Record

Open interest in Eurodollar futures traded on Chicago Mercantile Exchange Inc. (CME) rose to record levels yesterday, May 14, with 5,109,036 positions. The previous record of 5,103,238 open positions was set on March 8, 2002. Open interest in Eurodollar mid-curve options on futures also posted a record day yesterday, with 2,415,847 positions, surpassing its previous record of 2,366,555 set on May 13.

In addition, volume in Canadian dollar and Mexican peso futures traded on CME's GLOBEX® electronic trading platform set records yesterday with, 12,795 and 2,780 contracts traded, respectively. The previous electronic volume record for Canadian dollar futures was set on April 10, with 11,007 contracts, and in Mexican peso futures, 2,355 contracts on Jan. 7.

Chicago Mercantile Exchange Inc. (www.cme.com) is the largest futures exchange in the United States. As an international marketplace, CME brings together buyers and sellers on its trading floors and GLOBEX® around-the-clock electronic trading platform. 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 the first quarter of 2003 and managed $28.5 billion in collateral deposits at March 31, 2003. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc. (NYSE: CME).