CHICAGO, Aug. 8, 2011 /PRNewswire/ -- CME Group, the
world's leading and most diverse derivatives marketplace, today
announced the following additions to its product leadership
team:
- Michael Kilgallen, Managing
Director, Equity Products
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Kilgallen, 39, will be
responsible for advancing the growth strategy for the company's
equity index business line. He will be based in New York and
will report to Scot Warren, Managing Director, Equity Index
Products and Services.
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Prior to joining CME
Group, Kilgallen gained more than 15 years of experience in the
global securities industry. He most recently served as
Managing Director, Global Prime Finance for Citigroup's Equities
Division. He also worked as Vice President, Portfolio Manager
and Co-Head of Trading for the Quantitative Equity Group within
Goldman Sachs & Co.'s Investment Management Division
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He holds a bachelor's
degree in business management from Saint Peter's College and is
Series 3, 7 and 63 registered.
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CME Group is the world's
leading marketplace for equity index futures and
options, offering trading on key
benchmarks including the S&P 500, NASDAQ-100, Dow Jones
Industrial Average, Nikkei 225 and S&P CNX Nifty indexes. In
addition, CME Group has a number of global partnerships that expand
the equity index product suite and provide customers with access to
futures contracts based on leading non-U.S. benchmarks.
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- Sean Tully, Managing Director,
Interest Rate Products
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Tully, 47, will be
responsible for leading and developing the company's global
interest rate business. He will be based in New York and will
report to Derek Sammann, Managing Director, FX and Interest Rate
Products. Tully succeeds Robin Ross, who is resigning to
pursue other interests. Ross will remain with the company
until year end to ensure a seamless transition.
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Tully's financial services
career spans more than 20 years, including most recently serving as
Managing Director, Global Head of Credit and Fixed Income Trading
at WestLB in London. During his tenure at WestLB, he held
roles of increasing responsibility including Managing Director,
Regional Head of Derivatives, Americas and Managing Director,
Regional Head of Trading. He also traded interest rate
derivatives at Citibank and Greenwich Capital, running a global
team in the interest rate swap business, and as a proprietary
trader.
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He holds a bachelor's
degree, magna cum
laude, from Potsdam Collage and a
master's degree in mathematics from Clarkson University. He
is the author of "Restoring Confidence in the Financial System,
See-Through Leverage: A Powerful New Tool for Revealing and
Managing Risk."
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CME Group is the global
market center for all interest rate risk management, including
listed derivatives as well as cleared OTC interest rate swaps.
Customers have access to the deepest liquidity and the most diverse
suite of products in order to manage their financial risk across
the curve from 30 days to 30 years. With over 39 million
contracts outstanding in open interest, CME Group's interest rate
products deliver greater capital efficiencies, plus the proven
safety and security of CME Clearing.
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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 world's leading central
counterparty clearing providers, which offers 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.
CME Group is a trademark of CME Group Inc. The Globe Logo, CME,
Globex and Chicago Mercantile Exchange are trademarks of Chicago
Mercantile Exchange Inc. CBOT and the Chicago Board of Trade are trademarks of the
Board of Trade of the City of
Chicago, Inc. NYMEX, New York Mercantile Exchange and
ClearPort are registered 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