LONDON and CHICAGO, April 4,
2016 /PRNewswire/ -- CME Group, the world's leading and most
diverse derivatives marketplace, today announced the appointment of
Paul Houston as Executive Director,
Global Head of FX.
Reporting to Sean Tully, Senior
Managing Director, Financial and OTC Products, CME Group, Houston
will be responsible for leading the development, execution and
management of the exchange's FX business globally. He will be based
in London.
Houston joins CME Group from Deutsche Bank in London where he was Head of FX & Fixed
Income Prime Brokerage and Listed Derivatives Client Solutions
in Europe, Middle East and Africa. In that role, he delivered a range of
FX, OTC rates and credit clearing, listed derivatives clearing and
execution products and services to institutional clients including
hedge funds, asset managers and banks.
"We are pleased to welcome Paul to CME Group," commented
Sean Tully, Senior Managing
Director, Financial and OTC Products, CME Group. "His experience
working in senior management roles in FX businesses at major
dealers will complement our FX business at CME. He has a
demonstrable track record of exceptional client service and
business development, and will be a real asset to the business as
we look to expand our footprint globally."
Before joining Deutsche Bank in 2012, Houston ran global FX and
fixed income prime brokerage teams at a number of banks including
Credit Suisse, RBS and JP Morgan Chase in London and New
York. He is a member of the Chartered Institute of
Management Accountants and the Association of Corporate
Treasurers.
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
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/cme-group-appoints-paul-houston-as-global-head-of-fx-300244962.html
SOURCE CME Group