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.
"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.