With over 20% of it volume originating from Europe, CME Group (CME) confirms a report that it is...

|About: CME Group Inc. (CME)|By:, SA News Editor

With over 20% of it volume originating from Europe, CME Group (CME) confirms a report that it is applying to the U.K.'s Financial Services Authority to create a London-based derivatives exchange. Pending approval as a Recognized Investment Exchange, CME will initially begin trading forex futures and is expected to launch in mid-2013. (PR)