CME Group, the world’s leading and most diverse derivatives marketplace, announced it has expanded its international client development and sales efforts with two senior sales appointments inEuropeandAsia.
Michel Everaerthas been named Head of Sales,Europe, where he will be responsible for developing and executing CME Group’s sales strategy and growing its client base throughout Europe. Everaert has served as International Head of Sales for CME Group’s commercials team since August 2015. He joined CME Group inMarch 2011, with responsibility for OTC pre- and post-trade products and services. He will replaceKevin Collins, who is retiring from CME Group inApril 2018.
Tim Smithhas been appointed Head of Sales,Asia, where he will be responsible for leading and executing the company’s sales strategy throughout Asia. Smith has more than 20 years of experience in trading and sales roles across various financial institutions, and he joins CME Group from Deutsche Securities Asia Limited where he was Head of Listed Derivatives for Hong Kong. Smith’s role previously had been filled on an interim basis byChristopher Fix, CME Group’s Head ofAsia Pacific.
“We are very pleased to have Michel and Tim lead our international client development and sales efforts, particularly as our business growth outside the U.S. continues to climb,” saidJulie Winkler, CME Group Chief Commercial Officer. “With international volumes growing 10 percent in 2017, we are seeing rising demand for our suite of benchmark products, and we are committed to helping our global client base manage their risk going forward.”
Everaert will be based inLondonand Smith inHong Kong. Both will report toDavid Hartney, CME Group Global Head of Client Development and Sales.
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 oninterest rates,equity indexes,foreign exchange,energy,agricultural productsandmetals. Around the world, CME Group brings buyers and sellers together through itsCME Globex electronic trading platform. CME Group also operates one of the world’s leading central counterparty clearing providers throughCME Clearing, which offer clearing and settlement services across asset classes for exchange-traded and over-the-counter derivatives. CME Group’s products and services ensure that businesses around the world can effectively manage risk and achieve growth.
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