London, 2 February 2012

CME Clearing Europe, CME Group’s European clearing house, has launched clearing services for the first physically settled product for, the over the counter (OTC) London Gold Forwards.

Clearing services will be available through CME ClearPort(®), a set of flexible clearing services open to OTC market participants to substantially mitigate counterparty risk and provide capital efficiencies across asset classes.

"Launching our European clearing services for London Gold Forwards is in direct response to customers' need to clear onto a CME Group clearing house," said Harriet Hunnable, CME Group managing director of metals products. "This post-trade service allows trades to be privately negotiated and executed off-exchange and then submitted through CME ClearPort for clearing. This allows counterparties to continue to trade as they always have while transferring credit risk to CME Group."

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For more information please see www.cmeclearingeurope.com

www.cmeclearingeurope.com/membership/files/CMECE_Advisory_Notice_London_Gold_Forwards_12_06.pdf