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Article: CME Group's Duffy to Present Testimony to House Agriculture Committee.
- Article from:
- Agriculture Week
- Article date:
- October 1, 2009
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CME Group, the world's largest and most diverse derivatives marketplace, announced that its Executive Chairman Terry Duffy will appear tomorrow before the U.S. House Committee on Agriculture to discuss proposed legislation by the U.S. Department of Treasury for regulation of over-the-counter (OTC) derivatives markets.
"We support portions of the proposed legislation and the Obama Administration's goals to reduce systemic risk through central clearing and exchange trading of derivatives, as well as increasing data transparency and price discovery along with preventing market manipulation," said Terry Duffy, CME Group Executive Chairman. "However, we are very ...
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Article: CME cleared to buy NYMEX.(NewsWatch)(CME Group Inc. ...
Feedstuffs;
June 23, 2008 ;
700+ words
... ... Department of Justice last week cleared CME Group Inc. to acquire NYMEX Holdings Inc ... Chicago Board of Trade and Chicago Mercantile Exchange and trades corn, soybeans, wheat ... sugar. NYMEX operates the New York Mercantile Exchange, and the two exchanges reached a ...
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