CME Russell 1000 Futures Contract Volume Reaches Second Consecutive Record

CME, the largest U.S. futures exchange, yesterday set a new volume record of 2,593 for its Russell 1000® futures contract, breaking the prior day’s record of 2,063 contracts traded. Open interest, which reflects the total number of contracts that have not yet been offset or fulfilled for delivery, was 2,174 positions.

The Russell 1000 Index measures the performance of the 1,000 largest companies in the Russell 3000® Index and represents approximately 92 percent of the total market capitalization of the Russell 3000 Index. The Russell 1000 futures contract began trading at CME on April 28, 2003, and total volume for this contract jumped 244 percent in 2004. It will be renamed the E-mini™ Russell 1000 index on Feb. 14, 2005, to more accurately reflect the nature of the contract.

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 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 2004 and managed $44.1 billion in collateral deposits as of Dec. 31, 2004, including $3.1 billion in deposits for non-CME products. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc. (NYSE: CME), which is part of the Russell 1000® Index.