CME Group to Acquire NEX Group plc, Bringing Together Cash, Futures and OTC Marketplaces - Seite 2

"Michael Spencer and his senior leadership team have built a world-class organization that is at the center of capital markets. We are committed to maintaining the longstanding relationships NEX has with its clients, and exchange and clearing house partners.  Building on NEX's deep roots in Europe and Asia and CME's strong technology platform, we will transform our international profile and broaden our distribution network in spot and futures FX products as well as cash, repo and futures products in U.S. Treasuries," Duffy said.

Following completion of the acquisition, NEX CEO Michael Spencer will join the CME Group Board of Directors. He will remain with the combined company as a Special Adviser, working to drive the integration and continued evolution of the NEX businesses.   He also will be ambassador for the combined company, working with key clients, regulators and officials in EMEA and Asia.

Spencer said, "The combination of NEX and CME will be an industry-changing transaction.  Bringing together cash and futures products and OTC services will be unique, offering clients improved access to trading, greater financial efficiencies and highly valuable data sets.  The technology and innovation opportunities will be diverse and extraordinary.  Clients will be better served."

"CME's decision to choose London as its European headquarters is also a signal of tremendous support for Britain's financial services sector," Spencer said.

Client Benefits – The transaction enhances trading and post-trading services for clients globally:

• Delivers streamlined access and new trading opportunities across cash, futures and OTC marketplaces.
• Enables valuable new efficiencies and risk mitigation services through clearing and post-trade services across listed, cleared OTC and bilateral OTC marketplaces.
• Creates timely, new fixed income opportunities as clients look to manage risk as the Fed unwinds its balance sheet and the U.S. budget deficit grows.
• Delivers new trading opportunities in an FX marketplace experiencing strong tailwinds, including global GDP growth, the return of volatility, and the continuing electronification of FX trading globally.
• Maintains BrokerTec clearing at FICC, with a goal to increase capital efficiencies for customers.
• Offers improved functionality and performance, combining NEX businesses with CME Group's proven technology infrastructure.
• Scales and streamlines NEX's leading compression, reconciliation and processing services.
• Expands market data offerings.

Growth Opportunities – The transaction is strategically attractive and financially compelling: