CHICAGO, May 30, 2017 /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
2017.
The annual awards, which are decided through interviews with
leading market participants, recognize firms that are leading the
industry in delivering innovative solutions to the U.S. derivatives
markets.
"CME Clearing has excelled as a clearing house for the Americas,
responding to its customers' needs with speed and resilience," said
GlobalCapital editors at the publication's 2017 Americas
Derivatives New York Awards dinner on May
25.
"Receiving this recognition is a tremendous honor, especially
since it reflects clearing member and client feedback," said
Sunil Cutinho, President, CME
Clearing. "We look forward to continuing to deliver the most
efficient clearing solutions for both listed and OTC market
participants across the globe."
In its analysis, GlobalCapital also noted CME Group's
compression and coupon blending initiatives, which have seen more
than $35 trillion reduced in gross
notional since launch. CME Group has created a best-in-class
global clearing solution for listed and OTC derivatives. Its
OTC platform is used by over 500 customers across the U.S., EMEA
and APAC, with the company's OTC IRS clearing solution expanding to
21 currencies in July.
As the world's leading and most diverse derivatives marketplace,
CME Group (www.cmegroup.com) is where the world comes to manage
risk. Through its exchanges, CME Group offers 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. CME Group provides electronic trading globally on its
CME Globex platform. The company also offers clearing
and settlement services across asset classes for exchange-traded
and over-the-counter derivatives through its clearinghouses CME
Clearing and CME Clearing Europe. CME Group's products and
services ensure that businesses around the world can effectively
manage risk and achieve growth.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex and E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT, Chicago Board of
Trade, KCBT and Kansas City Board
of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York
Mercantile Exchange and ClearPort are trademarks of New York
Mercantile Exchange, Inc. COMEX is a trademark of Commodity
Exchange, Inc. Dow Jones, Dow Jones Industrial Average,
S&P 500 and S&P are service and/or trademarks of Dow Jones
Trademark Holdings LLC, Standard & Poor's Financial Services
LLC and S&P/Dow Jones Indices LLC, as the case may be, and have
been licensed for use by Chicago Mercantile Exchange Inc. All
other trademarks are the property of their respective owners.
CME-G
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SOURCE CME Group