CME Group (CME) has announced that it was named by Global Capital as the?’North America Exchange of the Year’ and ‘Clearinghouse of the Year’ on Tuesday at its 2014 Americas Derivatives Awards. ?
Global Capital Derivatives honors the people, companies and deals that made an impact on the global derivatives market during the past year with their annual awards. ?They were determined by interviews from Global Capital editorial members with senior buy-side and sell-side derivatives users across all asset classes in the Americas.?
Terry Duffy, CME Group Executive Chairman and President, said of the honor,?”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. 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.”?
Phupinder Gill, CME Group CEO, added,?”This recognition is especially meaningful given the tremendous transition global markets experienced over the past year. 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.”
At Tuesday’s ceremony in New York, more than 180 officials from buy-side firms, sell-side firms, exchanges, industry associations and vendors were in attendance.?