CME Group CEO Donohue Elected to Board of Directors for the World Federation of Exchanges
07 Octobre 2009 - 12:44AM
PR Newswire (US)
CHICAGO, Oct. 6 /PRNewswire-FirstCall/ -- CME Group, the world's
largest and most diverse derivatives marketplace, today announced
that its Chief Executive Officer Craig S. Donohue has been elected
to the 2010 Board of Directors for the World Federation of
Exchanges (WFE), to serve a two year term. More than 50 of the
world's leading exchanges have gathered in Vancouver this week for
the 49th General Assembly and Annual Meeting of the World
Federation of Exchanges. "CME Group looks forward to ongoing
collaboration with the WFE and its members to share insights across
markets and build awareness on common issues and concerns," said
Donohue. "By working together, we can ensure greater global
collaboration between exchanges and derivatives market regulators
so that we collectively put forward analysis and recommendations
that ensure greater coordination across geographies and
jurisdictions." CME Group has long been a leader and innovator in
the exchange space, creating the world's first modern futures
exchange in 1848 in Chicago and then pioneering the first interest
rate futures and energy futures in the 1970s and the first
successful stock index futures in the 1980s. CME Group
conceptualized and launched the first electronic platform for
trading futures through the creation of CME Globex. In 2002, CME
Group became the first U.S. exchange to go public. About CME Group
As the world's largest and most diverse derivatives marketplace,
CME Group (http://www.cmegroup.com/) is where the world comes to
manage risk. CME Group exchanges offer the widest range of global
benchmark products across all major asset classes, including
futures and options based on interest rates, equity indexes,
foreign exchange, energy, agricultural commodities, metals, weather
and real estate. CME Group brings buyers and sellers together
through its CME Globex® electronic trading platform and its trading
facilities in New York and Chicago. CME Group also operates CME
Clearing, one of the largest central counterparty clearing services
in the world, which provides clearing and settlement services for
exchange-traded contracts, as well as for over-the-counter
derivatives transactions through CME ClearPort®. These products and
services ensure that businesses everywhere can substantially
mitigate counterparty credit risk in both listed and
over-the-counter derivatives markets. About the WFE The World
Federation of Exchanges, based in Paris, France, is the trade
association of more than 50 publicly regulated stock, futures and
options exchanges. WFE conducts research on issues pertinent to its
members and holds workshops and conferences around the world. WFE
market operators are responsible for the functioning of key
components in the financial world. WFE exchanges are home to about
46,000 listed companies (as of 31 July 2009). At the end of June
2009: -- The total market capitalization listed companies was
approximately USD 40 trillion. -- Approximately USD 46.8 trillion
in equities were traded on WFE stock exchanges. -- More than 5
billion future and option contracts were transparently traded
on-exchange, with proper post trade risk management and guarantees.
The Globe logo, CME, Chicago Mercantile Exchange, CME Group,
Globex, E-mini and CME ClearPort are trademarks of Chicago
Mercantile Exchange Inc. CBOT and Chicago Board of Trade are
trademarks of the Board of Trade of the City of Chicago. NYMEX and
New York Mercantile Exchange are trademarks of New York Mercantile
Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. All
other trademarks are the property of their respective owners.
Further information about CME Group and its products can be found
at http://www.cmegroup.com/. CME-G DATASOURCE: CME Group CONTACT:
Media, Allan Schoenberg, +1-312-930-8189, , or Investors, John
Peschier, +1-312-930-8491, both of CME Group Web Site:
http://www.cmegroup.com/
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