CME Group Appoints New Heads of BrokerTec, EBS and Optimization Businesses

CME Group, the world’s leading and most diverse derivatives marketplace, recently 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 include:

  • John Edwardshas been named Global Head of BrokerTec. Edwards formerly served as Managing Director of BrokerTec EMEA. He will continue to be based inLondonand will report toSeth 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 Rowcliffehas 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 Davieswill oversee Traiana and the company’s Regulatory Reporting services; Raf Pritchard will continue to manage TriOptima’s triResolve business line; andPaul Busbywill continue to lead ENSO. Rowcliffe will report toKen Pigaga, who is remaining with the company in a transition role.
  • Jeff Wardhas been named Global Head of EBS. Ward formerly served as Global Head of NDFs and Forwards and Head of EBS Asia, based inSingapore. He will now be based inLondon. Ward will report to Johnson.

To facilitate integration, Andrs Choussy andPeter Weibelalso will remain with the firm for a transition period.Tim Cartledgewill 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 oninterest rates,equity indexes,foreign exchange,energy,agricultural productsandmetals. The company offers futures and options on futures trading through theCME 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 andChicagoBoard of Trade are trademarks of Board of Trade of theCity 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.