LONDON, Oct. 10, 2011 /PRNewswire/ -- CME Group, the
world's leading and most diverse derivatives marketplace, announced
today it has appointed William
Knottenbelt to lead its Europe, Middle
East and Africa (EMEA)
regions, effective in mid-November
2011.
Robert Ray, who previously led
the company's international offices, will transition to a new role
managing key strategic initiatives for CME Group in Europe and South
America. Both Knottenbelt and Ray will be based in
London and will report to
Bryan Durkin, CME Group Chief
Operating Officer and Managing Director, Products &
Services.
"CME Group's business continues to grow during European and
Asian trading hours, and we believe the best way to serve these
clients is to develop regional products through a significant
presence in EMEA. We are extremely pleased that both William
and Bob will assist us in these efforts, using their deep market
expertise and strong customer relationships to help us continue to
meet the needs of key client segments throughout the region," said
Durkin.
Knottenbelt, a 30-year veteran of the European financial
services industry, will be responsible for developing customer
relationships, core business growth and new business opportunities
throughout the EMEA region. He served as Global Head of
Futures for the Royal Bank of Scotland (RBS) between 2000 and 2010 where he
built out the global reach and product offering of RBS futures. He
most recently served as Global Head of Central Counterparty
Clearing where he worked on developing the bank's over-the-counter
clearing solutions. Knottenbelt held a number of leadership roles
at RBS and its affiliates during the past 25 years, including
Global head of Futures, FX and Interest rate derivatives prime
brokerage. He began his career trading commodities at C Czarnikow
commodity trading house. Knottenbelt served as an Executive board
member at both the Futures Industry Association and the Futures
Options Association.
Ray, also a 30-year veteran of the financial services industry,
has been based in London as
Managing Director, International Products & Services since
2009. He previously led CME Group's commodities and equities
product lines and served as Senior Vice President, Business
Development for the Chicago Board
of Trade. He also worked in senior trading and derivatives business
development roles with Robertson Stephens Inc., Dean Witter
Reynolds Inc., Carr Futures and Continental Grain Company.
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