CME Group Expands Equity Index Product Team
August 04 2008 - 12:43PM
PR Newswire (US)
CHICAGO, Aug. 4 /PRNewswire-FirstCall/ -- CME Group, the world's
largest and most diverse derivatives exchange and the world's
leading marketplace for equity index futures and options, today
announced that it has expanded its equity index product team by
appointing Helen Flanagan as Director, Equity Markets, and Phillip
Hatzopoulos as Director, Equity Products - OTC. These newly created
positions are designed to focus on selling and marketing CME
Group's suite of benchmark equity index products to current and
potential clients worldwide. Flanagan, 44, will be responsible for
facilitating CME Group's equity product growth strategy, including
increasing trading volume and distribution of equity index futures
and options and assisting in the development and launch of new
products and services across all asset classes. Hatzopoulos, 42,
will be responsible for developing new equity index products and
services related to the over-the-counter (OTC) market and promoting
CME Group's existing equity index products as tools to replicate
and hedge OTC transactions. "Building on our strong growth
momentum, we are expanding our equity team, with the addition of
Helen and Phillip, to further support our position as the leading
provider of the most liquid exchange-listed equity index futures
and options on futures on the world's most recognizable domestic
and foreign equity indexes," said Scot Warren, Managing Director,
Equity Products. "Helen and Phillip's extensive experience in
exchange-traded and OTC markets and deep understanding of our
customers' needs enhances our ability to pursue new growth
opportunities and attract new users to our markets." A broad array
of equity index futures trade at CME Group, including offerings on
large-, medium- and small-cap equity indexes as well as technology
and global equity benchmarks provided by S&P, NASDAQ, Dow
Jones, MSCI, Nikkei and FTSE. Today an average of 3.2 million
electronically traded "mini" equity index contracts trade each day.
Flanagan joins CME Group with over 20 years of experience in the
derivatives industry, most recently serving as Vice President of
Fixed Income, Currency and Commodities/Equities as a salesperson of
global futures and interest rate products for Goldman Sachs &
Co. In this role, she was responsible for directing futures sales
and marketing coverage for the firm's top Midwest clients. Her
previous leadership roles at Goldman included Vice President,
Futures Sales and Execution in New York and Vice President/Manager
of the firm's CME Group Eurodollar Desk. Flanagan earned a
bachelor's degree in policy and administration management from
Indiana University. She is a Series 7, 3 and 63 registered
representative. Hatzopoulos joins CME Group from Morgan Stanley
where he most recently served as Vice President, Fixed Income
Sales, and was responsible for structuring and selling fixed income
products to hedge funds, insurance companies and money managers. He
also has worked for Fuji Securities Inc. and as a proprietary floor
trader. Hatzopoulos earned a bachelor's degree in finance from the
University of Illinois at Chicago and a master's in finance from
the Illinois Institute of Technology's Stuart School of Business.
Hatzopoulos holds the CFA designation and is a member of the CFA
Institute and the CFA Society of Chicago. He is a Series 7 and 63
registered representative. CME Group (http://www.cmegroup.com/) is
the world's largest and most diverse derivatives exchange. Formed
by the 2007 merger of the Chicago Mercantile Exchange (CME) and the
Chicago Board of Trade (CBOT), CME Group serves the risk management
needs of customers around the globe. As an international
marketplace, CME Group brings buyers and sellers together on the
CME Globex electronic trading platform and on its trading floors.
CME Group offers the widest range of benchmark products available
across all major asset classes, including futures and options based
on interest rates, equity indexes, foreign exchange, agricultural
commodities, and alternative investment products such as weather
and real estate. CME Group is traded on the New York Stock Exchange
and NASDAQ under the symbol "CME." The Globe logo, CME, Chicago
Mercantile Exchange, CME Group, Globex and E-mini, 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.
Standard & Poor's, S&P 500 and S&P, S&P MidCap 400,
Standard & Poor's Depositary Receipts and SPDR are trademarks
of The McGraw-Hill Companies, Inc. NASDAQ, NASDAQ-100 and the
NASDAQ-100 Index are trademarks of The Nasdaq Stock Market, Inc.
Nikkei and Nikkei 225 are trademarks of Nihon Keizai Shimbun Inc.
MSCI, and EAFE are trademarks of MSCI. FTSE/Xinhua China 25 is a
trademark of FTSE Xinhua Index Limited. Dow Jones and Dow Jones
Industrial Average are trademarks of Dow Jones & Company, Inc.
Further information about CME Group and its products can be found
at http://www.cmegroup.com/. CME-G DATASOURCE: CME Group CONTACT:
Media, Allan Schoenberg, +1-312-930-8189, or Mary Haffenberg,
+1-312-930-3435, , or Investors, John Peschier, +1-312-930-8491,
all of CME Group Web site: http://www.cme.com/
http://www.cmegroup.mediaroom.com/
Copyright