CME Group Names New Head of Global FX Products

CME Group, the world's largest derivatives exchange operator, announced that it appointed Roger Rutherford as managing director of its global FX products segment.

The move comes as part of an overall plan to expand the firm's presence in the FX market, the company said.

"FX continues to be our fastest growing business line during non-U.S. hours, and Roger's deep knowledge of the FX market will be a tremendous asset as we continue to execute our global growth strategy," Derek Sammann, CME's managing of FX and interest rate products said in a statement.

Rutherford had previously served as the head of product management for CLS Services London, a firm that provides FX settlement services, CME said. As the Senior Editor of Advanced Trading, Justin Grant plays a key role in steering the magazine's coverage of the latest issues affecting the buy-side trading community. Since joining Advanced Trading in 2010, Grant's news analysis has touched on everything from the latest ... View Full Bio