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CME Group, the world's leading and most diverse derivatives marketplace, today announced the company was named 'Exchange of the Year' at the 2016 Risk Awards. The awards are held annually to showcase the work of firms and individuals in the derivatives markets and risk management, and are the longest-running awards of their kind.
"We are honored to be named as Risk's "Exchange of the Year", particularly as the award is based on feedback from our clients," said Terry Duffy, CME Group Executive Chairman and President. "This recognition demonstrates that we are delivering on our commitment to provide our clients with innovative products and risk management solutions to help them navigate through difficult market conditions and new regulatory requirements around the world."
"In 2015, our global team expanded efforts to develop new, compelling products and services to suit clients' needs and attract more users to our markets," added Phupinder Gill, CME Group CEO. "We are proud of what we accomplished last year and aim to maintain this high level of customer focus going forward, particularly as we focus on continuing our strong growth trajectory outside the U.S."
The Risk Awards recognized CME Group for the role it played last year in helping clients manage their risk exposure during the unprecedented volatility that affected markets globally. In 2015, the exchange group was at the forefront of innovation, continuing to develop its business in response to regulatory and customer demands, introducing new products across a range of areas. This technological innovation, coupled with international growth, were further elements contributing to CME Group's recognition and success in these awards. Recent volume records have also demonstrated how market participants see the value in turning to CME Group's liquid markets.
Entries for the Awards are judged by Risk's editorial team, with the assistance of external industry experts and supplemented by feedback from clients and other market participants. The awards ceremony, held on 27th January in London, recognized CME Group's significant achievements within the derivatives and risk management space.
