News Release

CME Group Names Michael Barston as Director, Equity Products

Tue Feb 10 2009

CHICAGO, Feb. 10 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced that it has named Michael Barston as Director, Equity Products. Barston, 49, will be responsible for supporting the development and execution of the company's equity index futures and options product and marketing strategy and managing new and existing customer relationships to drive volume growth. He will be based in New York and will report to Scot Warren, CME Group Managing Director, Equity Products.

 

"Michael is the ideal person to further increase our capacity and ability to work with clients on applications of equity derivatives that offer solutions for our customers' risk management needs," Warren said. "Our clients rely on us to help them make prudent decisions on how to best manage the risk that is inherent in financial portfolios."

 

Prior to joining CME Group, Barston gained more than fifteen years of global derivatives experience. He most recently served as Senior Relationship Manager for Credit Suisse, where he was responsible for coordinating firm-wide global business relationships across equities, fixed income and investment banking for some of the bank's largest hedge fund clients. He also has worked in Credit Suisse's equity research sales and financial products areas.

 

Barston earned his bachelor's degree in business administration from Georgetown University and his MBA from the Wharton School at the University of Pennsylvania. He is a Series 3, 4 and 7 Registered Representative.

 

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 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.cme.com/

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