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Stock Market & Financial Investment News

News Breaks
March 11, 2014
05:51 EDTCMECME Group receives regulatory approval for launch of European exchange
CME Group announced it has received approval from the United Kingdom's Financial Conduct Authority for a London-based derivatives exchange. CME Europe Ltd will be a Recognized Investment Exchange and will launch on April 27. The exchange has received approval to list its first commodity products, and as previously announced plans to launch a full suite of FX futures products on the same date, subject to final regulatory approval of certain operational clearing conditions. The initial commodity products to be listed on the exchange include biodiesel, which have previously been cleared as swaps on CME Clearing Europe.
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August 27, 2014
17:22 EDTCMECME Group promotes John Pietrowicz to CFO
CME Group announced that it has promoted John Pietrowicz to Senior Managing Director and CFO as James E. Parisi, who has held that role since 2004, will retire from the company on December 31. Pietrowicz who has been with the company since 2003 and has been serving most recently as Senior Managing Director, Corporate Development & Finance and Deputy CFO, will move into the CFO role effective upon Parisi's resignation. Parisi will remain with the organization in his current role through yearend to ensure a smooth transition.
August 25, 2014
06:42 EDTCMECME restarts electronic trading after mishap postpones open, Reuters says
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