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CME's Electronically Traded Foreign Exchange Products Set New Daily Volume Record On GLOBEX®

Date 20/05/2002

Electronic trading volume in foreign exchange (FX) products traded on GLOBEX®, the electronic trading platform of Chicago Mercantile Exchange Inc. (CME), set a new single-day volume record of 48,540 contracts on Friday, May 17, surpassing the previous record of 45,022 set on March 7.

Additionally Japanese yen futures set a new GLOBEX electronic trading record Friday of 15,101 contracts, surpassing the previous record volume day of March 7, when 14,586 contracts changed hands.

Overall FX volume on Friday totaled 129,845 contracts.

The electronic trading volume record in FX products came just two days after a new overall volume record was set on GLOBEX, with 827,894 contracts traded on May 15.

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 $1.6 billion per day in settlement payments and manages $27.4 billion in collateral deposits. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc.