CHICAGO, April 22, 2015 /PRNewswire/ -- CME Group
today released the following statement in response to the
Navinder Singh Sarao case:
Nothing is more important to CME Group than the
integrity of our marketplace. Following the Flash Crash on
May 6, 2010, together with other
regulators, we did a thorough analysis of all activity in our
markets during the Flash Crash, and concluded – along with
regulators – that the Flash Crash was not caused by the futures
market. If new information has come to light, we look forward
to reviewing it with the Commission. We fully support the
CFTC's actions to prosecute those who attempt to engage in fraud or
manipulation. We are prohibited by law from releasing
information about any individual's trading behavior, including Mr.
Sarao's, so we are unable to comment further at this
time.
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, 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,
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. KCBOT, KCBT and Kansas
City Board of Trade are trademarks of The Board of Trade of
Kansas City, Missouri, 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
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SOURCE CME Group