CBOT to Form Active Professional Traders Committee

The Chicago Board of Trade (CBOT®) announced today that given the exchange's record volume and the growing participation of global professional traders in the CBOT's markets, the exchange is forming an Active Professional Trader Committee to address issues affecting this important group of liquidity providers.

Active Professional Trader Committee members will attend regularly scheduled meetings with exchange management and the CBOT's Executive Committee. This new committee will be similar in structure to the CBOT's existing Futures Commission Merchant (FCM) Committee, which meets monthly on topics affecting the futures industry. Active Professional Trader Committee meetings will serve as an opportunity for professional traders to discuss issues that are unique to their market segment and that impact their businesses. The first meeting is expected to take place in June.

Bernard W. Dan, CBOT President and CEO said, "As the first futures exchange to form a committee devoted exclusively to active professional traders, the CBOT is again demonstrating its commitment to providing the highest level of customer service to all profiles of market users. The committee will create a forum for these key liquidity providers to give their suggestions and feedback, as until now, they have not received formal recognition from the industry at-large."

Through the Active Professional Trader Committee, proprietary trading firms and active professional traders will provide input on CBOT products and systems, increasing their involvement in exchange and industry endeavors. The group will also focus on issues relevant to growing international participation in CBOT markets, particularly from the European sector.