CME Group, operator of key derivatives exchanges, reports that it has named Christopher Fix managing director and head of Asia Pacific.
Fix, who joins the company in June, will be based in Singapore and report to London-based William Knottenbelt, senior managing director and head of International, CME Group.
Fix will be “responsible for leading CME Group’s efforts to develop benchmark products and services to meet the needs of its customer base in the region,” according to a statement.
In addition, Fix has been appointed to the Dubai Mercantile Exchange (DME) board and will become chairman of DME Asia Pte Ltd., a joint venture between CME Group, Dubai Holdings and the Oman Investment Fund, founded in 2007, officials say.
Before joining CME Group, Fix served as DME CEO. For the two decades prior to that post, Fix was with BNP Paribas, most recently as head of marketing for commodity futures Asia Pacific.
“Asia Pacific is a key component of our international strategy and we now generate over 30 percent of our revenues from outside the U.S. as our global efforts to expand continue to take root,” says Knottenbelt in a CME Group statement.
CME Group maintains offices in Beijing, Hong Kong, Seoul, Singapore and Tokyo, according to the statement, for approximately 90 employees, and also has “strategic partnerships and commercial agreements with various exchanges in the region,” including the Bursa Malaysia Derivatives Bhd., China Financial Futures Exchange Inc., Dubai Mercantile Exchange, Korea Exchange, Multi Commodity Exchange of India, National Stock Exchange of India, Osaka Exchange, and Singapore Exchange.
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