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CME Group Limits MF Global Trading to Liquidation Only

Oct 31, 2011

CHICAGO, Oct. 31, 2011 /PRNewswire/ -- Effective immediately, and until further notice, CME's Emergency Financial Committee, in accordance with rule 975, is limiting all trading for customers of MF Global for liquidation only.

In addition, and until further notice, CME Group will no longer recognize MF Global or any of its divisions as a guarantor for purposes of floor trading privileges.  Accordingly, floor brokers and traders guaranteed by MF Global or its divisions may not access the trading floor.  The foregoing actions have been taken based on circumstances regarding the financial condition of MF Global.

CME Clearing will process any transfers at the last settlement price at the request of customers.  Such positions will need to be re-margined at transferee firm.  Customers wishing to execute a liquidating trade should contact MF Global.

As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk.  CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate.  CME Group brings buyers and sellers together through its CME Globex® electronic trading platform and its trading facilities in New York and Chicago.  CME Group also operates CME Clearing, one of the world's leading central counterparty clearing providers, which offers clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort®. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.

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CME-G

SOURCE CME Group