Chicago Mercantile Exchange to List Ethanol Options

CHICAGO (AP) - CME Group, operator of the Chicago Mercantile Exchange, said Monday it will list options on ethanol futures and offer clearing services for cash-settled options and options on forward month swaps.

The options are slated to begin trading on e-cbot Oct. 5 and on the CME Globex platform in January.

Ethanol futures have been trading at the CBOT, now part of the CME Group, since March 2005.

Associated Press, Sept. 17, 2007