Market regulation · 19/11/1996

Chicago Mercantile Exchange Seeks Designation as Contract Market for Beef Futures Contracts

The Chicago Mercantile Exchange (CME) has submitted a request to the Commission to be designated as a contract market for options on two types of beef futures contracts: boneless beef trimmings with 50% lean and boneless beef with 90% lean. The Commission has decided to publish the proposal for public comment, citing its public interest and the need to gather views from interested parties.