CHICAGO, June 3, 2016 /PRNewswire/ -- CME Group, the
world's leading and most diverse derivatives marketplace, today
announced that the company has been named 'Clearing House of the
Year' by GlobalCapital in their Americas Derivatives Awards
2016.
The awards honor the companies, platforms, services and products
that have made an impact on the U.S. derivatives market during the
last 12 months. Each category is decided upon following a period of
market research and editorial panels with each of the shortlisted
institutions.
In its analysis, GlobalCapital's editorial team focused on CME
Group's product innovation and the clearing efficiencies it has
provided to market participants. In particular, the publication
noted the launch of clearing for both Mexican Peso and Brazilian
Real Interest Rate Swaps, bringing the clearing house's product
suite up to 19 currencies.
"We are very pleased by GlobalCapital's recognition of our
efforts to offer innovative clearing solutions across a variety of
asset classes," said Sunil Cutinho,
President, CME Clearing. "We remain focused on providing the most
capital-efficient clearing solutions available, and we thank our
customers for their support and feedback over the past year."
GlobalCapital also noted CME Group's compression and coupon
blending initiatives which have now seen over $21 trillion reduced in gross notional, including
the first EUR compression cycle using TriOptima's TriReduce
Service.
The awards were presented at the GlobalCapital Americas
Derivatives Awards Gala Dinner on 2 June in New York.
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 products and metals. Around
the world, CME Group brings buyers and sellers together through its
CME Globex® electronic trading platform and its exchanges based in
Chicago, New York and London. CME Group also operates one of the
world's leading central counterparty clearing providers through CME
Clearing and CME Clearing Europe, which offer clearing and
settlement services across asset classes for exchange-traded and
over-the-counter derivatives. CME Group's products and services
ensure that businesses around the world can effectively manage risk
and achieve growth.
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, the Chicago Board of Trade, KCBOT, KCBT and
Kansas City 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
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SOURCE CME Group