CME, Merrill Lynch Partner To Launch New Non-Traditional Futures Product

In a ceremonial opening procedure Wednesday almost 17 million contracts worth an estimated $424 million were traded on a new non traditional futures product offered by the Chicago Mercantile Exchange and Merrill Lynch. PIMCO CommodityRealReturn TRAKRS product marks the eleventh

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In a ceremonial opening procedure Wednesday almost 17 million contracts worth an estimated $424 million were traded on a new non-traditional futures product offered by the Chicago Mercantile Exchange and Merrill Lynch.

PIMCO CommodityRealReturn TRAKRS product marks the eleventh in a series of non-traditional futures products developed jointly between the CME and Merrill Lynch.

PIMCO CRR TRAKRS futures are contracts designed to offer investors a way to gain exposure to the Dow Jones-AIG Commodity Index, while at the same time combining an index of qualified separate accounts that are actively managed by Pacific Investment Management Company.

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