CME sets February launch for new inflation contract

Friday 16 January 2004 at 16:00

The Chicago Mercantile Exchange (CME) is to launch the first inflation contracts, having signed Barclays Capital, one of the principal players in the inflation-linked bond and derivatives markets, as a lead marketmaker in the products.

The CME's new contracts will be based on the US Consumer Price Index (CPI), and will be tradable solely over the exchange's electronic Globex platform.