CME said to have shelved inflation futures plan

Contracts had been drafted, but did not attract enough support

Chicago Mercantile Exchange

CME Group has shelved plans to launch a futures contract linked to US inflation, after roughly two years of exploratory talks, according to market participants – a decision said to have been taken late last year, but which has only come to light now. Disappointed would-be traders of the contract say a launch may now be off the agenda for years.

Specifications for a Consumer Price Index (CPI) futures contract and a deliverable Treasury inflation protected securities (Tips) futures contract were a