Richard Stevens Joins CME Group as Director, Research and Product

by Chicago Mercantile Exchange 16 Jul 10:41

LONDON, July 16 /PRNewswire-FirstCall/ — CME Group, the world’s largest and
most diverse derivatives exchange, today announced that Richard Stevens has
joined the company as Director, Research and Product Development, London.
This new position was created to support CME Group’s growth initiatives in
Europe.

Stevens, 36, will be responsible for identifying and developing new product
opportunities, maintaining the viability of current product offerings, and
contributing insight into market and business development. He will report to
Julie Winkler, Managing Director, Research and Product Development.

Prior to joining CME Group, Stevens gained more than 14 years of experience
in the derivatives industry, most recently serving as Head of Product
Development for Interest Rate Products at Liffe, where he led a team charged
with developing new and innovative products, trading structures and support
services. He holds both a bachelor’s degree in economics and an MA in
finance and investment from the University of Exeter.

CME Group has had a presence in London since 1979, when its first office
opened on Throgmorton Street to support customers in the region. In 1992,
the launch of CME Globex®, the exchange’s global electronic trading
platform, added impetus to CME Group’s growth, offering virtually 24-hour
trading to users around the world. In 2002, CME Group opened its London
Telecommunications Hub to provide greater efficiencies for connectivity to
London-based customers. Today, CME Group operates four other hubs throughout
Europe and one in Singapore. In addition, the exchange offers a number of
incentive programs designed specifically to facilitate business for European
and Emerging Markets customers.

CME Group (http://www.cmegroup.com/) is the world’s largest and most diverse
derivatives exchange. Formed by the 2007 merger of the Chicago Mercantile
Exchange (CME) and the Chicago Board of Trade (CBOT), CME Group serves the
risk management needs of customers around the globe. As an international
marketplace, CME Group brings buyers and sellers together on the CME Globex
electronic trading platform and on its trading floors. CME Group offers the
widest range of benchmark products available across all major asset classes,
including futures and options based on interest rates, equity indexes,
foreign exchange, agricultural commodities, and alternative investment
products such as weather and real estate. CME Group is traded on NASDAQ
under the symbol “CME.”

The Globe logo, CME, Chicago Mercantile Exchange, CME Group, Globex and
E-mini, are trademarks of Chicago Mercantile Exchange Inc. Further
information about CME Group and its products can be found at
http://www.cmegroup.com/.

CME-G

SOURCE: CME Group

CONTACT: Media, Jeremy Hughes, +44 207 796 7112, or Allan Schoenberg,
+1-312-930-8189, or Investors, John Peschier, +1-312-930-8491, all of CME
Group, news@cmegroup.com

Web site: http://www.cmegroup.com/
http://www.cmegroup.mediaroom.com/