SINGAPORE, Sept. 20, 2018 /PRNewswire/ -- CME Group,
the world's leading and most diverse derivatives marketplace,
announced the company was named 'International Exchange of the Year
for Asia' by Global Investor Group
at the FOW and Global Investor Asia Capital Markets Awards
2018. The awards ceremony held in Singapore today recognized CME Group's
excellence for the products and services launched for the Asian
market and for the significant volume growth it has achieved in the
past year.
"We are pleased to receive this recognition from Global Investor
Group, which would not have been possible without the support from
our clients over the past year," said Terry
Duffy, Chairman and Chief Executive Officer, CME
Group. "We continue to focus on delivering products,
technology and clearing services that market participants need to
manage risk in Asia and around the
world."
"Asia is a key pillar to our
international growth strategy, with quarterly average daily volume
from the region hitting an all-time high of 923,000 contracts per
day in Q1 2018," said Christopher
Fix, Managing Director and Head of Asia Pacific, CME Group. "With our
continued investments in new products and services, we are
well-positioned to help our customers in Asia with their evolving risk management
needs."
"CME Group has been a major player in Asia since the mid-1980s but it continues to
innovate and bring new products to market relevant to Asian
traders," said William Mitting,
Managing Director, Global Investor Group. "CME Group has also
expanded its presence in the continent now boasting seven hubs
across the region, which is more than any other exchange group.
Judges also praised its work with local exchanges to launch new
contracts together and further internationalise local
products."
Over the past twelve months, CME Group has continued to deliver
on its commitment to clients in Asia
Pacific with various relevant and innovative products,
including the launch of the Australian Wheat FOB (Platts) futures
contract, the Japanese Yen-denominated TOPIX futures contracts,
monthly and quarterly Secured Overnight Financing Rate (SOFR)
futures, as well as the listing of the first-ever US index futures
on the S&P500 and DJIA in Taiwan with TAIFEX. CME Group also
opened a new office in Sydney,
affirming the company's commitment to growth in Asia Pacific, and bringing the total number of
CME Group locations in Asia to
seven, including Bangalore,
Beijing, Hong Kong, Seoul, Singapore and Tokyo.
The FOW and Global Investor Asia Capital Markets Awards is held
annually to recognize the best of the Asian derivatives industry,
where entries and nominations for the Awards are evaluated by a
panel of industry experts drawn from across the market in a range
of disciplines.
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. CME Group also operates one of
the world's leading central counterparty clearing providers
through CME Clearing, which offers clearing and settlement
services across asset classes for exchange-traded and
over-the-counter derivatives. CME Group 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 and Chicago 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