LONDON and NEW YORK, Jan. 27,
2011 /PRNewswire/ -- CME Group, the world's leading and most
diverse derivatives marketplace, today announced that it has named
Harriet Hunnable as Managing
Director, Metals Products. Hunnable, 44, will be responsible
for developing and executing the company's global metals business
strategy. She will be based in London and will report to Joe Raia, Managing Director, Energy and Metals
Products.
"Harriet's deep market expertise and extensive client
relationships make her an ideal candidate to lead our global metals
business," said Raia. "CME Group operates the most liquid
metals markets in the world, and having Harriet run this business
from London underscores our
commitment to globalizing our business and putting business owners
in the regions where we see the greatest opportunities to continue
growing our markets and client base."
Before joining CME Group, Hunnable gained more than 20 years of
experience in global metals markets, most recently serving as
Senior Manager at Macquarie Bank in London, where she was responsible for deal
generation in the bank's commodities sector. Prior to working for
Macquarie, she worked as a Business Development Manager for a
division of Standard Bank. She also has served as Director,
Precious Metals Sales, for UBS Warburg and as a Vice President for
Merrill Lynch. She began her commodities career with NM
Rothschild & Sons. She holds a bachelor's degree from
Trinity College, Dublin.
CME Group metals volume averaged 316,000 contracts per day in
2010, up 40 percent from the prior-year period, while open interest
reached roughly two million. The company also introduced a
number of new metals products in 2010 including e-micro gold
futures and iron ore swap futures.
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 on interest rates, equity indexes,
foreign exchange, energy, agricultural commodities, metals, weather
and real estate. CME Group brings buyers and sellers
together through its CME Globex® electronic trading platform and
its trading facilities in New York
and Chicago. CME Group also operates CME Clearing, one of the
largest central counterparty clearing services in the world, which
provides clearing and settlement services for exchange-traded
contracts, as well as for over-the-counter derivatives transactions
through CME ClearPort®. These products and services
ensure that businesses everywhere can substantially mitigate
counterparty credit risk in both listed and over-the-counter
derivatives markets.
The Globe logo, CME, Chicago Mercantile Exchange, CME Group,
Globex, E-mini and CME ClearPort are trademarks of Chicago
Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of the
Board of Trade of the City of Chicago. NYMEX and New York
Mercantile Exchange are trademarks of New York Mercantile Exchange,
Inc. COMEX is a trademark of Commodity Exchange, Inc.
All other trademarks are the property of their respective
owners. Further information about CME Group (Nasdaq: CME) and
its products can be found at www.cmegroup.com.
CME-G
SOURCE CME Group