News Release

CME Group Congratulates New FIA President Walt Lukken

Tue Jan 10 2012

 

CHICAGO, Jan. 10, 2012 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, released the following statement on Walt Lukken being named the new president of the Futures Industry Association (FIA):

"We congratulate Walt Lukken on his appointment to head the Futures Industry Association. CME Group has had a long history of working closely with Walt during his tenure as Commissioner and then Acting Chairman of the Commodities Futures Trading Commission.  His experience and depth of knowledge make him an ideal candidate to lead the FIA and we look forward to working with him to ensure the CFTC properly implements Dodd-Frank, enhances customer protection mechanisms following the failure of MF Global, and enhances the global competitiveness of U.S. futures markets."

"We also commend John Damgard for his 30 years of leadership as FIA President. Throughout his tenure at FIA, John has been a strong advocate for the global futures industry in Congress and around the world.  He built the FIA into the recognized institution it is today.  We wish him the best and thank him for his outstanding service to the industry."

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 world's leading central counterparty clearing providers, which offers 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.           

CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc.  CBOT and the Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are registered 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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