LONDON, Oct. 27, 2015 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that it has appointed Joanne Shannon as Executive Director and Head of Commercial Development for CME Europe, its London-based derivatives exchange.
In her new role, Shannon will be responsible for developing and executing the sales strategy for CME Europe and for helping to expand the infrastructure around CME Europe's trading, clearing and reporting proposition. Shannon will report to Cees Vermaas, Managing Director and CEO of CME Europe.
"We are very pleased to welcome Joanne to CME Group in this critical role supporting our expansion across Europe," said Cees Vermaas, CEO of CME Europe. "Since its launch in April 2014, CME Europe has made considerable strides in building out its suite of contracts and has established itself as an innovator across multiple asset classes including FX, Energy and Agricultural Commodities. Joanne's extensive knowledge of the derivatives industry and market structure in Europe will be a tremendous boost to the platform as we continue to extend our offering in the region."
Ms Shannon brings a wealth of derivatives industry experience to CME Europe including over 15 years at market operator NYSE Euronext, where she held a variety of sales and relationship management roles in Europe and Asia for its Liffe markets.
Before joining CME Group, Shannon worked as a consultant for the London Stock Exchange.
About CME Group
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.
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SOURCE CME Group