CME Group Appoints New Heads of BrokerTec, EBS and Optimization Businesses
May 30, 2019, 11:15 ET
CHICAGO, May 30, 2019 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced a number of senior management changes as part of the integration of the NEX Group businesses the company acquired last year. New appointments effective this week include:
- John Edwards has been named Global Head of BrokerTec. Edwards formerly served as Managing Director of BrokerTec EMEA. He will continue to be based in London and will report to Seth Johnson, who is remaining with the company in a transition role. Dan Cleaves also will remain with the company in a transition role, leading BrokerTec North America and managing the platform's migration to CME Globex. He also will report to Johnson.
- Guy Rowcliffe has been appointed Global Head of Optimization Services, leading the development of CME Group's full optimization portfolio and serving as head of its TriOptima and Reset businesses. Reporting to Rowcliffe, Joanna Davies will oversee Traiana and the company's Regulatory Reporting services; Raf Pritchard will continue to manage TriOptima's triResolve business line; and Paul Busby will continue to lead ENSO. Rowcliffe will report to Ken Pigaga, who is remaining with the company in a transition role.
- Jeff Ward has been named Global Head of EBS. Ward formerly served as Global Head of NDFs and Forwards and Head of EBS Asia, based in Singapore. He will now be based in London. Ward will report to Johnson.
To facilitate integration, Andrés Choussy and Peter Weibel also will remain with the firm for a transition period. Tim Cartledge will be departing the company this month.
As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex® platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing. With a range of pre- and post-trade products and services underpinning the entire lifecycle of a trade, CME Group also offers optimization and reconciliation services through TriOptima, and trade processing services through Traiana.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and, E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec, EBS, TriOptima, and Traiana are trademarks of BrokerTec Europe LTD, EBS Group LTD, TriOptima AB, and Traiana, Inc., respectively. Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners.
SOURCE CME Group
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