News Release

CME Group Names Yue (Nina) Chen as Director, Financial Research and Product Development

Fri Feb 06 2009

CHICAGO, Feb. 6 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced that it has named Yue (Nina) Chen as Director, Financial Research and Product Development. In this newly created position, Chen, 31, will be responsible for identifying and developing new product and clearing opportunities in the over-the-counter (OTC) markets. Her primary focus will be on credit markets, but will also extend into other asset classes including equities, commodities and fixed income. She will report to Eugene Mueller, Director, Financial Research and Product Development.

 

Prior to joining CME Group, Chen most recently served as Vice President, Goldman Sachs Asset Management, where she was a junior portfolio manager on global structured credit products. She also worked at Goldman Sachs as a strategist for U.S. interest rate products, including mortgage-backed securities, interest rate swaps and swaptions.

 

Chen earned her bachelor's degree in chemical engineering from Tsinghua University in Beijing, China and her PhD in chemical engineering from the Massachusetts Institute of Technology. She is fluent in Mandarin.

 

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, 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 www.cmegroup.com.

CME-G

SOURCE: CME Group

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

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