News Release

CME Group Names Alexander Rozenberg as Managing Director, Over-The-Counter Risk

Wed Sep 01 2010

NEW YORK, Sept. 1 /PRNewswire-FirstCall/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that it has named Alexander (Sasha) Rozenberg as Managing Director, Over-the-Counter Risk for CME Clearing.  Rozenberg, 39, will be responsible for advancing the company's over-the-counter (OTC) risk management policies and practices.  He will be based in New York and will report to Tim Doar, Managing Director, Risk Management.

Rozenberg joins CME Group from SuperDerivatives, a derivatives solution provider, where he served as Product Manager, Credit Derivatives and Acting Head of Quantitative Analytics, and led the development of the company's credit derivatives pricing and analytics platform.  He has significant experience working for the financial engineering arms of three major OTC dealers – Goldman Sachs, JPMorganChase and Morgan Stanley. He earned a bachelor's degree in physics from the Moscow Institute of Physics and Technology and a PhD in theoretical physics from New York University.

CME Group offers CME ClearPort®, a set of flexible clearing services open to OTC market participants to substantially mitigate counterparty risk and provide neutral settlement prices across asset classes.  As of August 2010, CME ClearPort clears more than 460,000 contracts daily, brings together more than 10,000 registered global users and features more than 700 listed contracts available for clearing.  Please visit http://www.cmegroup.com/clearport/ for more information.

As the world's leading and most diverse derivatives marketplace, CME Group (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. 

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 (Nasdaq: CME) and its products can be found at www.cmegroup.com

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SOURCE CME Group

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