LONDON and CHICAGO, Dec. 10, 2014 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that it has won four categories at the FOW International Awards:
- Exchange of the Year - U.S. and Canada
- Clearing House of the Year - U.S. and Canada
- Best New Exchange or Trading Platform: CME Europe launch
- Most Innovative New Contract Launch by an Exchange: FX on CME Europe
CME Europe, CME Group's European exchange that launched in April 2014, picked up two of these awards - Best New Exchange or Trading Platform and the Most Innovative New Contract Launch by an Exchange for the suite of FX futures products that it launched with. CME Group's US clearing house, won best Clearing House of the Year for the US and Canada.
The FOW International Awards are designed to recognise the pioneers of the global derivatives market across a range of categories and disciplines. Companies are invited to enter into relevant categories, after which a shortlist is drawn up and voted on by a panel of expert judges.
"We are honored to receive multiple awards at this key industry event," said William Knottenbelt, Senior Managing Director International, CME Group. "Our business continues to evolve and diversify as our customers demand new and innovative products and services. At CME Group, we pride ourselves on being able to respond to this demand and these awards are testament to this ability and progress."
The awards were presented at FOW International Awards Gala Dinner on 9 December 2014 at Grange City Hotel in London. This was held following the FOW's "Derivatives World London: The Debates", an event which brought together high-level delegates from across the derivatives industry to discuss key themes and trends that are shaping 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, its trading facilities in New York and Chicago, and through its London-based CME Europe derivatives exchange. CME Group also operates one of the world's leading central counterparty clearing providers through CME Clearing and CME Clearing Europe, which offer 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. 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