CME To Begin Trading 13 New Foreign Exchange Contracts On May 16

Chicago Mercantile Exchange Inc. (CME) will launch trading in 13 new foreign exchange (FX) futures contracts on Thursday, May 16, at 8 a.m. (Central time). The contracts will trade on CME's GLOBEX® electronic trading platform or as All-or-None (AON) transactions executed on the trading floor for quantities of five or more contracts.

The new contracts include 11 non-dollar cross rates and two dollar-based contracts, and all specify physical delivery at termination. Regular trading hours in the new products will be from 4:30 p.m. (5:30 p.m. on Sundays) until 4 p.m. the following day.

The new futures contracts are:

Non-Dollar Cross-Rates	British Pound/Swiss Franc (BP/SF)
Euro FX/Australian Dollar (EC/AD)	British Pound/Japanese Yen (BP/JY)
Euro FX /Canadian Dollar (EC/CD)	Canadian Dollar/Japanese Yen (CD/JY)
Euro FX/Swedish Krona (EC/SKr)	Swiss Franc/Japanese Yen (SF/JY)
Euro FX/Norwegian Krone (EC/NKr)
Australian Dollar/Canadian Dollar (AD/CD)	U.S. Dollar-Based Contracts
Australian Dollar/New Zealand Dollar (AD/NE)	U.S. Dollar/Swedish Krona (USD/SKr)
Australian Dollar/Japanese Yen (AD/JY)	U.S. Dollar/Norwegian Krone (USD/NKr)

CME currently lists three Euro-based cross rates-on the British pound, Japanese yen and Swiss franc. The products trade virtually around the clock on CME's GLOBEX platform and may be traded via open outcry as AON transactions, with a five-lot minimum. In addition, CME trades the following U.S. dollar based foreign exchange products: Australian dollar, Brazilian real, British pound, Canadian dollar, Euro FX,

E-mini Euro FX, Japanese yen, E-mini Japanese yen, Mexican peso, New Zealand dollar, Russian ruble, South African rand and Swiss franc.

The new cross rate contracts specifications appear in the following table:

Product		Contract Size	Tick Size
U.S. Dollar-Based
	Swedish Krona	2,000,000 SKr (193,600 USD)	.00001 USD/SKr (=$20/contract)
	Norwegian Krone	2,000,000 NKr (227,000 USD)	.00001 USD/NKr (=$20/contract)
Euro-Based
	EC/AD	125,000 Euro	.0001 AD/Euro (=12.5 AD/contract) (~$6.51/contract)
	EC/CD	125,000 Euro	.0001 CD/Euro (=12.5 CD/contract) (~$7.87/contract)
	EC/SKr	125,000 Euro	.0005 SKr/Euro (=62.5 SKr/contract) (~$6.05/contract)
	EC/NKr	125,000 Euro	.0005 NKr/Euro (=62.5 NKr/contract) (~$7.09/contract)
Non-Dollar-Based
	CD/JY	200,000 CD	.01 JY/CD (=2,000 JY/contract) (~$15.13/contract)
	AD/CD	200,000 AD	.0001 CD/AD (=20 CD/contract) (~$12.60/contract)
	AD/NE	200,000 AD	.0001 NZD/AD (=20 NZD/contract) (~$8.51/contract)
	AD/JY	200,000 AD	.01 JY/AD (=2,000 JY/contract) (~$15.13/contract)
	BP/SF	125,000 BP	.0001 SF/BP (=12.5 SF/contract) (~$7.39/contract)
	BP/JY	125,000 BP	.01 JY/BP (=1,250 JY/contract) (~$9.46/contract)
	SF/JY	250,000 SF	.005 JY/SF (=1,250 JY/contract) (~$9.46/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 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 $28.2 billion in collateral deposits. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc.