CHICAGO, April 23, 2014 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced the company was named 'North America Exchange of the Year' and 'Clearinghouse of the Year' by Global Capital, a new Euromoney Institutional Investor publication incorporating the former Derivatives Week and EuroWeek.
Global Capital Derivatives presented the 2014 Americas Derivatives Awards that honor the people, companies and deals that made an impact on the global derivatives market during the past year. The awards were decided by interviews from Global Capital editorial members with senior buy-side and sell-side derivatives users across all asset classes in the Americas.
"We are very pleased to be named both the North America Exchange of the Year and the Clearinghouse of the Year based on feedback from our global client base," said Terry Duffy, CME Group Executive Chairman and President. "The Global Capital Derivatives awards certainly acknowledge our efforts to continue to provide our global customers with the tools they need to manage their financial risk."
"This recognition is especially meaningful given the tremendous transition global markets experienced over the past year," said Phupinder Gill, CME Group CEO. "Based on continued support and input from our clients, our clearing offering has helped both the buy- and sell-sides transition to mandatory clearing and has helped CME Group become the global leader in IRS client clearing open interest. On the exchange side, we also have used customer feedback to continuously improve our products and services, and we will continue to do so going forward."
The ceremony was held Tuesday evening, April 22, at the Broad Street Ballroom in New York City, and was attended by more than 180 officials from buy-side firms, sell-side firms, exchanges, industry associations and vendors.
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.