UNITED KINGDOM September 28 2015 5:30 PM

LONDON (Scrap Register): CME Group has named 'Global Exchange of the Year' and 'Global Clearing House of the Year' by GlobalCapital in their Global Derivatives Awards 2015.

GlobalCapital, a Euromoney Institutional Investor publication incorporating the former Derivatives Week and EuroWeek, presented the Global Derivatives Awards 2015 to mark the financial institutions, law firms, service providers and investors that have made an impact on the global derivatives market over the last 12 months.

GlobalCapital drew up a list of nominees for each category based on extensive market research. An editorial panel met with nominees to discover what distinguished them from their competitors before deciding on the winning institutions.

In its analysis, GlobalCapital's editorial team highlighted the forethought that CME Group has taken with both its exchange and clearing operations as well as the reliability of its infrastructure in times of market volatility.

“We are honored that GlobalCapital and its readership have selected CME Group as their global exchange and global clearing house of the year," said CME Group Executive Chairman and President Terry Duffy. "These awards acknowledge our success but, more importantly, drive our continued commitment to providing customers with deep, liquid markets and assisting them with managing risk across all major asset classes.”

In addition, GlobalCapital was impressed by CME Group's vision for its European exchange and the expansion plans for foreign exchange, energy, agricultural products and broader global connectivity.

“We are focused on delivering value to our clients through product and technology innovation as well as a growing local presence around the world," said CME Group Chief Executive Officer Phupinder Gill. "We appreciate this award and will continue to work to meet client needs in the regions and markets in which they operate."

The awards were presented at the GlobalCapital Derivatives Awards Gala Dinner on 24 September at Banking Hall in London.