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CME group to offer ethanol swaps on CME clearPort

Posted on 19 January 2009

From Commodities-now.com: CME Group, the diverse derivatives exchange, announced that legacy Chicago Board of Trade (CBOT) ethanol swaps contracts will be available on CME ClearPort, the electronic system that extends the benefits of centralized clearing to over-the-counter (OTC) products, scheduled to begin on January 25 for trade date January 26.

The legacy CBOT calendar and basis ethanol swaps are the first of dozens of new cleared-only OTC contracts expected to be introduced on CME ClearPort this year that will benefit from the safety and security of CME Clearing. …. Full Article: Source


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