CHICAGO, July 10, 2013 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced it was awarded Derivatives Intelligence's 2013 Global Derivatives Award for Exchange of the Year.
The Derivatives Intelligence editorial team determines the awards using market intelligence gathered during the prior year and feedback from market officials from developed and emerging derivative markets. Winners are chosen based on a number of factors including innovation, market impact, performance, client feedback and uniqueness of approach.
"We are honored to receive this award from Derivatives Intelligence," said Terry Duffy, CME Group Executive Chairman and President. "If there is one thing we have all learned through this financial crisis, it is the importance of effective risk management. At CME Group we are pleased to be able to serve our customers and help them achieve their risk management goals by providing derivative products spanning all major asset classes."
"Our customers are a top priority, so the fact that this award is partially based on customer feedback means a lot to us as a company," said Phupinder Gill, CME Group CEO. "This recognition reflects our client-focused approach, and shows that we are taking the CME Group exchanges in the right direction."
All winners will be recognized at Derivatives Intelligence's annual Gala Reception and Dinner at The Mandarin Oriental Hyde Park in London, September 19, 2013.
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 across asset classes for exchange-traded contracts and over-the-counter derivatives transactions. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk.
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. KCBOT, KCBT and Kansas City Board of Trade are trademarks of The Board of Trade of Kansas City, Missouri, 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.
SOURCE CME Group