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Form 8-K · Current Report · Filed 2024-07-08

CME Group Appoints Mike Dennis as Global Head of Fixed Income, Dennis Resigns from Board

CME Group announced the appointment of Mike Dennis as Global Head, Fixed Income, effective August 5, 2024.

Filer
CME Group Inc. CME · NASDAQ
Filed
Accession
0001193125-24-175987
CIK
0001156375
Signal
Medium impactFinancial Services

Details

Dennis, who brings 22 years of interest rate trading experience, will resign from the CME Group Board of Directors effective immediately. In his new role, Dennis will oversee the company's largest global benchmark futures and options contracts on SOFR and U.S. Treasuries. The press release detailing Dennis's appointment is furnished as Exhibit 99.1.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Board Member Departure
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$196.40

Next session

-0.9%

Since filing

+36.3%

Latest close

$267.79

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CME reporting the same item, with the next session's move:

Exhibits (1)

About CME Group Inc.

CME Group Inc. is a leading global marketplace for derivatives and futures trading. It provides a diverse range of products, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals. CME Group's primary function is to facilitate risk management and price discovery, offering a centralized marketplace where traders can hedge against fluctuations in these various markets. Notable features include its electronic trading platform, CME Globex, enabling seamless access to its services worldwide, and its clearing services, ensuring the integrity and stability of the financial system. CME Group is crucial for market participants who require precise risk management tools, boasting significant influence in sectors like agriculture, energy, and global finance. As one of the largest futures and options exchanges, CME Group plays a pivotal role in the financial market by providing liquidity, transparency, and efficiency in trading activities.

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