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CME Steps Up Europe Presence The Chicago Mercantile Exchange (CME), which offers a variety of financial instruments including futures and derivatives, has added a new telecommunications hub in Dubline to its network.
The exchange is trying to step up its presence in Europe which it sees as a major growth area. Its products are traded by pension funds, investment advisors, corporate treasurers and investment banks. CME chairman Terry Duffy and chief executive Craig Donohue marked the opening of the new hub in Dublin with Finance Minister Charlie McCreevy and Mary McDonnell, chief executive of Geneva Trading, which is a major customer of the exchange. Geneva Trading, on City Quay in Dubline, was founded in Ireland in 1999.
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