Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

CME Posts Record Open Interest

Date 12/09/2002

Open interest on Chicago Mercantile Exchange Inc. (CME) reached a record 20,199,000 positions yesterday, Sept. 11, surpassing the previous record of 20,149,753 set on Sept. 9.

For two consecutive sessions, Eurodollar options on futures set records, beginning on Sept. 10 with 11,921,842 positions and reaching 11,985,015 positions on Sept. 11.

In the equity complex, E-mini S&P MidCap 400 options on futures also posted two consecutive days of record open interest, beginning on Sept. 10 with 6,138 positions and reaching 6,143 positions yesterday.

Open interest represents the number of futures and options on futures contracts outstanding at the close of trading each day. Open interest can be seen as a measure of the use of risk management instruments by institutions and individuals with a long-term stake in the markets, as well as the liquidity of a contract.

Chicago Mercantile Exchange Inc. (www.cme.com) is the largest futures exchange in the United States and the second largest exchange in the world for the trading of futures and options on futures. 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 contracts and options on futures primarily in four product areas: interest rates, stock indexes, foreign exchange and commodities. The exchange moves about $1.5 billion per day in settlement payments and manages $27.1 billion in collateral deposits. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc.