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CME Trader Jacket Button -MPs Please - Margin Protection
CME Trader Jacket Button -MPs Please - Margin Protection
CME Trader Jacket Button -MPs Please - Margin Protection


 
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Our Price: $50.00
Sale Price: $35.00
Vintage Collection



Product Code: VT128-40
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Description
 
This pinback button was given out by the Chicago Mercantile Exchange to promote the use of MPs or Margin Protection. Margin Protection is a type of insurance to protect against the loss of revenue and margin of a particular commodity. This can be achieve through futures contracts on the the CME.

It became a tradition on the Chicago Mercantile Exchange to commemorate the launch of new contract, option, or significant Exchange event by giving the floor trader a button to pin on their jacket. These buttons would be handed out that morning at the entrance to the trading floor. The hope was to bring attention to the new option or futures contract to get them too trade it. Most tend to be discarded at the end of the day making them pretty tough to find.

Chicago Mercantile Exchange Pinback Button - MPs Please
  • CME Trader Jacket Button
  • Age: 1980s
  • 3"
  • Condition: VG; as pictured