Rochester, NY 7/7/2009 9:01:07 PM
Morning Report - CME - CME Moving Forward With Announcement of Six New Physical Delivered Natural Gas Liquids Contracts - Sourced WhisperFromWallStreet.com
CME Group Inc.
Morning Report - CME - CME Moving Forward With Announcement of Six New Physical Delivered Natural Gas Liquids Contracts - Sourced WhisperFromWallStreet.com
WhisperfromWallStreet.com is a FREE award winning newsletter that specializes in sending alerts to our subscribers on stocks we think are going to run, why we think so, as well as teaching you how to become a better trader. We scan hundreds of stocks a day to find those that meet our criteria and when we find one, we send you an alert. We have sent out 40 alerts so far in 2009 with an average price gain of over 80%. Please join risk free and see for yourself.
Sign up for our FREE alerts at WhisperfromWallStreet.com
---
CME Group Inc.,CME
295.82 Down 1.43 (0.48%) 9:52AM ET
CME Group, the world's largest and most diverse derivatives exchange, today announced the launch of clearing services for six new physically delivered natural gas liquids futures contracts. Clearing services will be available through CME ClearPort®, a set of flexible clearing services open to over-the-counter (OTC) market participants to substantially mitigate counterparty risk and provide capital efficiencies across asset classes, beginning on July 19 for trade date July 20. These contracts are listed for trading by NYMEX through CME ClearPort and are subject to NYMEX rules and regulations.
The new futures contracts and their commodity codes include: Mont Belvieu physical LDH propane (OPIS) (3N) with delivery at the LDH facility in Mont Belvieu, Texas; Mont Belvieu physical non-LDH propane (OPIS) (3P); Mont Belvieu physical normal butane (OPIS) (3M); Mont Belvieu physical natural gasoline (OPIS) (3R); Mont Belvieu physical iso-butane (OPIS) (3L); and Mont Belvieu physical ethane (OPIS) (3Q). The Non-LDH propane contract as well as the other four physical NGL contracts will be delivered at the Enterprise facility in Mont Belvieu, Texas.
Last Trade: 295.99
Day's Range: 294.25 - 298.45
52wk Range: 155.06 - 440.00
ABOUT
CME Group Inc. operates two self-regulatory futures exchanges, CME and CBOT. The company offers an array of products available across various asset classes, including futures and options on futures based on interest rates, equity indexes, foreign exchange, agricultural commodities, and alternative investments, such as weather and real estate. It provides various products that provide a means for hedging, speculation, and asset allocation relating to the risks associated with interest rate sensitive instruments, equity ownership, changes in the value of foreign currency, and changes in the prices of commodities.
---
Here are a few alerts our WhisperfromWallStreet.com subscribers enjoyed.
SPNG 1000%
AMNG 241%
RKBD 300%
UTRM 169%
TLLE 266%
Sign up to receive free stock alerts
---
Disclaimer: Full disclaimer at http://whisperfromwallstreet.com/disclaimer.php
WhisperfromWallStreet.com (WFWS) based upon information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by WFWS to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. WFWS is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.whisperfromwallstreet.com or mentioned herein. WFWS may have been compensated with shares or with cash from third party shareholders or the company on behalf of one or more of the companies mentioned in this opinion.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WFWS undertakes no obligation to update such statements.
This is not a solicitation to buy or sell any securities. WhisperfromWallStreet.com, nor any of its affiliates are not registered investment advisors or a broker dealers. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.
CONTACT: WhisperFromWallStreet.com