CME Group Congratulates New CFTC Commissioner Wetjen

CHICAGO, Oct. 24, 2011 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today released the following statement on the confirmation of Mark P. Wetjen to serve as a Commodity Futures Trading Commission (CFTC) commissioner:

"We congratulate Mr. Wetjen on his appointment to CFTC commissioner. Mr. Wetjen's depth of experience and knowledge make him well qualified to serve the Commission. We look forward to working with Mr. Wetjen at this critical time for the U.S. futures and options markets to ensure they remain at the forefront of our industry and continue to provide low transaction costs for market users, superior technology solutions, leading customer protection programs, and safety and soundness in the clearing and settlement of transactions. We further anticipate working with Mr. Wetjen to ensure the Commission's work to implement Dodd-Frank promotes the safety and soundness of U.S. financial markets, as well as their ability to compete in the global marketplace.

We also commend Commissioner Michael Dunn for his leadership, both as acting chairman of the Commission in 2009, and as the chairman of the CFTC's Agricultural Advisory Committee. Throughout his tenure at the CFTC, Commissioner Dunn has worked closely with the industry, providing measured and balanced leadership on complex regulatory measures impacting the U.S. futures and options markets."

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.

CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex 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. 

CME-G

SOURCE CME Group

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