CHICAGO and LONDON, Aug. 3,
2015 /PRNewswire/ -- CME Group, the world's leading and
most diverse derivatives marketplace, and FTSE Russell, a leading
global index provider, announced that they have entered into a
licensing agreement establishing CME Group as a global partner for
futures, options on futures and OTC cleared products on FTSE
Russell.
"We're pleased to partner with FTSE Russell to help investors
around the globe better manage equity index exposure," said CME
Group Executive Chairman and President Terry Duffy. "Together, we will provide
market participants with the capital efficiencies of trading
multiple indexes on one platform and through a single clearing
house."
"We are delighted to have signed an agreement with CME Group to
develop a range of equity index futures products in the United States, based on FTSE Russell's key
benchmarks," said FTSE Russell Chief Executive Officer Mark Makepeace. "With more than $10 trillion of assets under management
benchmarked to our indexes, this new partnership recognizes our
growing position both in the domestic US market and globally. We
look forward to working with CME Group to provide investors with
access to some of the most actively traded indexes in the
world."
"Combining our strengths with those of FTSE Russell's offers an
unparalleled opportunity for the global markets," said CME Group
Chief Executive Officer Phupinder Gill. "Together, we are
uniquely positioned to drive more efficient, inventive and robust
solutions for our clients across global equity benchmarks."
CME Group will launch futures on the Russell 1000, Russell 1000
Growth and Russell 1000 Value, FTSE 100, FTSE Emerging Markets,
FTSE Developed Europe and FTSE China 50 indexes by the end of Q4
2015. Russell 2000 futures will be listed by and subject to the
rules of CME beginning Q3 2017.
About CME Group
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 Globe®
electronic trading platform, its trading facilities in New
York and Chicago, and through
its London-based CME Europe derivatives exchange.
CME Group also operates one of the world's leading central
counterparty clearing providers through CME Clearing and CME
Clearing Europe, which offer clearing and settlement services
across asset classes for exchange-traded contracts and
over-the-counter derivatives transactions. These products and
services ensure that businesses everywhere can substantially
mitigate counterparty credit risk.
CME Group is a trademark of CME Group Inc. The Globe Logo, CME,
Globe and Chicago Mercantile Exchange are trademarks of Chicago
Mercantile Exchange Inc. CBOT and the Chicago Board
of Trade are trademarks of the Board of Trade of the City of
Chicago, Inc. NYMEX, New
York Mercantile Exchange and ClearPort are registered trademarks of
New York Mercantile Exchange, Inc. COMEX is a trademark of
Commodity Exchange, Inc. All other trademarks are the
property of their respective owners. Further information about CME
Group (NASDAQ: CME) and its products can be found at
www.cmegroup.com.
About FTSE Russell
FTSE Russell is a global index
leader that provides innovative benchmarking, analytics and data
solutions for investors worldwide. FTSE Russell calculates
thousands of indexes that measure and benchmark markets and asset
classes in more than 80 countries, covering 98% of the investable
market globally.
FTSE Russell index expertise and products are used extensively
by institutional and retail investors globally. Leading asset
owners, asset managers, ETF providers and investment banks use FTSE
Russell indexes to benchmark their investment performance and
create ETFs, structured products and index-based derivatives.
A core set of universal principles guides FTSE Russell index
design and management: a transparent rules-based methodology is
informed by independent committees of leading market participants.
FTSE Russell is focused on applying the highest industry standards
in index design and governance. FTSE Russell is also focused on
index innovation and client collaboration as it seeks to enhance
the breadth, depth and reach of its offering. FTSE Russell is
wholly owned by London Stock Exchange Group. For more information,
visit www.ftserussell.com.
CME-G
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SOURCE CME Group