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CME Group Names Michael Barston As Director, Equity Products

Date 10/02/2009

CME Group, the world's largest and most diverse derivatives exchange, today announced that it has named Michael Barston as Director, Equity Products. Barston, 49, will be responsible for supporting the development and execution of the company's equity index futures and options product and marketing strategy and managing new and existing customer relationships to drive volume growth. He will be based in New York and will report to Scot Warren, CME Group Managing Director, Equity Products.

"Michael is the ideal person to further increase our capacity and ability to work with clients on applications of equity derivatives that offer solutions for our customers' risk management needs," Warren said. "Our clients rely on us to help them make prudent decisions on how to best manage the risk that is inherent in financial portfolios."

Prior to joining CME Group, Barston gained more than fifteen years of global derivatives experience. He most recently served as Senior Relationship Manager for Credit Suisse, where he was responsible for coordinating firm-wide global business relationships across equities, fixed income and investment banking for some of the bank's largest hedge fund clients. He also has worked in Credit Suisse's equity research sales and financial products areas.

Barston earned his bachelor's degree in business administration from Georgetown University and his MBA from the Wharton School at the University of Pennsylvania. He is a Series 3, 4 and 7 Registered Representative.