Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Chicago Mercantile Exchange Expands European Operations - New Regional Marketing Managers To Lead Outreach Programs In Western Europe

Date 04/11/2002

Chicago Mercantile Exchange Inc. (CME) has hired three regional marketing managers to expand its customer outreach efforts in Europe.

"Europe is an important market for us," said Mark Blundell, Managing Director, CME Europe. "This year, we have taken several steps to improve service to the growing number of European customers who trade CME futures and options on futures. For example, we established a London telecommunications hub to bring down the cost of trading here via our GLOBEX® electronic trading platform. Our new marketing managers will help us further increase our global customer base and provide higher quality service to customers in the U.K., France, Spain, Portugal, Germany, Austria and Switzerland."

Nicholas G. Reynoldson is CME Europe's Regional Marketing Manager with responsibility for sales and marketing in the United Kingdom. He joined CME from the Bank of America, London, where he most recently was Managing Director and Global Head of Foreign Exchange New Business Development. Roynoldson began working for Bank of America in 1993 and held a variety of progressively more responsible positions, including Managing Director of Foreign Exchange Sales and Vice President of the Investor Marketing Group for Hedge Funds. Previously, he held sales and marketing or trading positions in the London offices of Hill Samuel, Security Pacific Bank, Union Bank of Switzerland, Bank of Montreal and Bankers Trust.

Renaud Huck is CME Europe's Regional Marketing Manager with responsibility for sales and marketing in France, Spain, Portugal and French-speaking Switzerland. Before joining CME, he was part of the European Equity Derivatives Desk of Natexis Capital, involved in equity programme trading and European relative value trade activities, and his responsibilities included marketing European equity derivatives to non- resident institutional customers. Before joining Natexis in 2000, he held a variety of sales positions with Sécurité Futures, J.P. Morgan and Wertheim Schroeder & Co. Huck received a master's degree in economic studies in 1988 from the University of Paris-Sorbonne.

Christian Baum is CME Europe's Regional Marketing Manager with responsibility for sales and marketing in Germany, Austria and Switzerland. Previously, he was founding director of Swaps.com, which designed a system to permit anonymous screen- based trading of over-the-counter derivatives. Before co-founding Swaps.com in 1999, Baum held marketing positions with Royal Bank of Canada Dominion Securities; Banque Paribas; DKB Financial Products, a subsidiary of Dai lchi Kangyo Bank; Sakura Global Capital and headed the bond syndication desk at Bayerische Vereinsbank A.G. Baum received a master's degree in business administration and economics in 1985 from Cologne University, Germany, and also attended New York University's Graduate School of Business Administration.

Chicago Mercantile Exchange Inc. (www.cme.com) is the largest futures exchange in the United States and the second largest exchange in the world for the trading of futures and options on futures. As an international marketplace, CME brings together buyers and sellers on its trading floors and GLOBEX® around-the-clock electronic trading platform. CME offers futures and options on futures primarily in four product areas - interest rates, stock indexes, foreign exchange and commodities. The exchange moves about $1.5 billion per day in settlement payments and manages $27.1 billion in collateral deposits. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc.