News Release

CME Group Appoints Robert D. Ray as Managing Director, International Products & Services

Thu Jan 22 2009

LONDON and CHICAGO, Jan. 22 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced that Robert D. Ray has been appointed Managing Director, International Products & Services and will relocate to CME Group's London office. He will have chief responsibility for directing the continued development and execution of CME Group's international business and sales strategy across Europe, the Middle East and Africa (EMEA), Asia, and Latin America. He will continue to report to Rick Redding, Managing Director, Products & Services.

 

"Bob's move to London is a key example of CME Group's strong commitment to its customers outside the United States," said Redding. "Bob has more than 25 years' experience in global derivatives markets, and much of his career at CBOT and CME Group has been devoted to providing our customers throughout the world with greater access to our risk management products. From his new position in London, Bob will help CME Group to provide a higher level of service to our diverse range of customers in the European and Asian time zones, thereby playing a significant role in growing our business around the world."

 

Ray previously managed CME Group's international operations since mid-2008, and he also led the company's commodities and equities product lines as Managing Director, Commodities, Equities & International. Prior to his CME Group role, Ray served as Senior Vice President, Business Development for the Chicago Board of Trade. He also worked in senior trading and derivatives business development roles with Robertson Stephens Inc., Dean Witter Reynolds Inc., Carr Futures and Continental Grain Company. Ray earned his bachelor's degree from Loras College in Dubuque, Iowa.

 

CME Group (www.cmegroup.com) is the world's largest and most diverse derivatives exchange. Building on the heritage of CME, CBOT and NYMEX, 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 trading floors in Chicago and New York. By acting as the buyer to every seller and the seller to every buyer, CME Clearing virtually eliminates counterparty credit risk. CME Clearing also offers $8 billion in financial safeguards to help mitigate systemic risk, providing the security and confidence market participants need to operate, invest and grow. 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, energy, agricultural commodities, metals, and alternative investment products such as weather and real estate. CME Group is listed 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. CBOT and Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago. NYMEX, New York Mercantile Exchange, and ClearPort 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 www.cmegroup.com.

CME-G

SOURCE: CME Group

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

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