Explore Companies BySectors & Categories
Explore Companies ByUse Cases
Explore Companies ByProducts & Services
Explore Companies ByRankings & Reviews
Featured NewsCompaniesMarketsCryptoTechRegulatoryCommentaryUKUSWorldMore

    Latest Wires

      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy

      CME Group Appoints Tim McCourt as Global Head of Financial & OTC Products

      Published: just now

      CME Group Appoints Tim McCourt as Global Head of Financial & OTC Products

      McCourt will take up the role following the retirement of Sean Tully, Senior Managing Director, Interest Rates and OTC Products, on June 2, 2023.

       

      March 30, 2023 - CME Group,  derivatives marketplace, today announced that it has appointed Tim McCourt to serve in an expanded role as Senior Managing Director, Global Head of Financial & OTC Products.

       

      "We appreciate the leadership Sean provided over the past decade for our financial products businesses, which included the successful migration to SOFR derivatives that now serve as the leading tool for hedging short-term interest rates," said CME Group Chairman and Chief Executive Officer Terry Duffy.

       

      "We are fortunate to have Tim McCourt, who has extensive experience across financial products, to lead these important business lines that allow our clients to manage risk in key asset classes."

       

      Prior to the new role, McCourt served as Global Head of Equity & FX Products since February 2022, when he was promoted to the Management Team. Going forward, he will oversee the company's interest rates, equity index, foreign exchange and cryptocurrency futures and options markets, as well as the company's BrokerTec cash treasuries platform and EBS spot FX platform. McCourt joined CME Group in 2013 as Executive Director, Equity Index Products.

       

      On March 13, CME Group reported a record single-day trading volume of 66.2 million contracts across its markets – including a record 41.9 million interest rate contracts and a record 17.8 million equity index contracts. The same day, a record 15.5 million SOFR futures were traded, while a record 6.2 million SOFR options traded on March 14.

      We're the largest marketplace to connect with brokers, Fintech companies & digital asset firms. Want to partner? Let's get in touch.

      This content may have been written by a third party. LiquidityFinder makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplies by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.
      Comments
      Most Recent
      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy
      RSS Feeds

      Create a custom RSS Feed

      Select the categories and companies you wish to follow directly to your person rss feed.

      Create Custom RSS Feed

      Related Categories:

      Related Tags:

      #CMEGroup#TimMcCourt#InterestRateDerivatives#SOFRFutures#FinancialProducts#OTCProducts#DerivativesMarkets

      Related Articles:

      Find The Right Partners for
      Your Trading Business

      Sign up and join over 5,000 professional members who receive personalized news alerts, curated professional connections, and more for free!

      Sign Up with LinkedIn
      Create Your FREE Account
      Get access to latest news, updates, real-time data, brokerage and trading firm insights and customized information feeds.

      New positioning data shared with LiquidityFinder by trading analytics and risk management platform Tapaas reveals how retail and professional traders across ten countries responded to last week's renewed hostilities between Israel and Iran

      just now

      Klay Group has appointed Rohit Ganguli as Global Head of Wealth Planning. Based in Singapore, he joins from EFG Bank and will lead the firm's global wealth planning function covering succession, governance, tax and cross-border matters for ultra-high-net-worth clients.

      just now

      The dollar is holding firm ahead of today's May CPI print — but one number could change everything. Here's what traders need to watch.

      just now

      amana, a MENA-based neobroker and trading platform, has appointed Nikos Tsoskounoglou as Head of Quantitative Market Making & Research. He joins from EBS and ADSS, bringing expertise in electronic market making, pricing automation, and market microstructure analysis.

      just now

      CME Group has launched Nasdaq CME Crypto Index futures, financially settled contracts tracking the Nasdaq CME Crypto Settlement Price Index, which covers bitcoin, ether, SOL, XRP, ADA, LINK, and other leading cryptocurrencies via a regulated futures marketplace.

      just now

      As the brokerage industry becomes increasingly complex, conversations are shifting from growth alone to operational control, risk visibility, and resilience. IFX Expo International 2026 in Limassol provides a valuable opportunity for industry professionals to exchange ideas and explore the challenges shaping the next phase of brokerage operations.

      just now

      XS.com has appointed Omar Alaa as MENA Marketing Director. Alaa brings experience in digital acquisition, paid media, and regional brand development, and will oversee campaign execution and audience engagement across the Middle East and North Africa.

      just now

      MEXC has launched Combo, a new prediction markets feature enabling users to combine up to 20 event predictions across sports and crypto into a single order. The exchange says it is the first centralised platform to offer multi-event combination trading globally.

      just now

      Swap rates are one of the most frequently mismanaged aspects of MetaTrader platform operations. Set them incorrectly and you expose your brokerage to unnecessary costs, client complaints and compliance risk. This guide explains how swaps are calculated on MT4 and MT5, the most common mistakes brokers make when updating rates, best practices for staying aligned with interbank rates, and how automated swap management tools eliminate the manual workload entirely.

      just now

      Discover the latest AUD/JPY price action analysis. Are we looking at a massive AUD/JPY sell setup? Read my technical breakdown to find out!

      just now
      Feed