S&P/GRA CRE Index Contracts to Trade on CME

The CME Group, formed by the merger of the Chicago Mercantile Exchange and the Chicago Board of Trade, has announced that S&P/GRA Commercial Real Estate Indices futures and options contracts will begin trading on the exchange on Oct. 28.The exchange said 10 quarterly cash-settled contracts based on property type and geography will be available, including a national composite index; indices on retail, office, apartment, and warehouse properties; and regional indices covering the Desert Mountain West, the Mid-Atlantic South, the Northeast, the Midwest, and the Pacific West. The exchange can be found online at http://www.cmegroup.com.