On Friday, CME Group (CME) announced it had been named as the?”Best Futures Exchange” by Markets Media’s 2014 Market’s Choice Awards for a second straight year. This comes from peers and customers’ votes with the award noting CME’s excellence in client service and education, technology design and execution, and diverse and innovative products.?
Terry Duffy, CME Group Executive Chairman and President, said in a press release,?”We are honored to be named the Best Futures Exchange by customers and peers for the second consecutive year. With all the volatility in the global markets last year, our primary goal was to provide our customers with the risk management tools they needed.? This award validates those efforts.”
Phupinder Gill, CME Group CEO, added,?”In 2013 we continued to listen to and serve our clients and we are proud of our employees for continuing to focus on this one critical element that allows CME Group to stand out from other exchanges. Our job is to provide innovative ways for our clients to manage risk, and we are proud of what we accomplished last year.? We look forward to building on those efforts in 2014.”??
Here’s some background on the Market’s Choice Awards. It encompasses 20-plus categories across exchanges, sell-side desks, institutional buy-side investors, hedge funds, and technology providers. The methodology in selecting nominees and winners focused on the opinions of market participants.
This came from the magazine conducting more than 50 one-on-one interviews with senior market participants across the buy side and sell side, focusing on the areas of their expertise. ?Then, a nominee-generating process is open to readers, followed by the internal publication and Markets Media’s Advisory Board deliberations to ultimately pick the winners. ? ??