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CME Re-States Commitment to Outcry Derivatives Traders As Equities and Fixed Income Traders Face Cutbacks The Chicago Mercantile Exchange (CME) Group today maintained its commitment to open outcry trading with a 15-year leaseback of it's huge Chicago trading floor. CME Group, which calls itself the world's leading and most diverse derivatives marketplace, is housed in the historic Chicago Board of Trade Building, which is actually comprised of three structures in the heart of Chicago's financial district. Although the CME has hired Jones Lang LaSalle and Holly Duran Real Estate Partners LLC (HDREP) to sell a large part of the landmark property, the group says it will retain ownership of the east building, including the financial product trading facilities and office space, and will enter into a long-term lease of the agricultural commodities trading facilities and certain office space in the north building. The commitment to retaining derivatives traders comes as the word spreads that the ax is about to fall on equity and fixed income traders. Read more...