CME Group Announces New Heads for Equity and Interest Rate Businesses

• Michael Kilgallen, Managing Director, Equity Products

Kilgallen, 39, will be responsible for advancing the growth strategy for the company's equity index business line.  He will be based in New York and will report to Scot Warren, Managing Director, Equity Index Products and Services.

Prior to joining CME Group, Kilgallen gained more than 15 years of experience in the global securities industry.  He most recently served as Managing Director, Global Prime Finance for Citigroup's Equities Division.  He also worked as Vice President, Portfolio Manager and Co-Head of Trading for the Quantitative Equity Group within Goldman Sachs & Co.'s Investment Management Division

He holds a bachelor's degree in business management from Saint Peter's College and is Series 3, 7 and 63 registered.

CME Group is the world's leading marketplace for equity index futures and options, offering trading on key benchmarks including the S&P 500, NASDAQ-100, Dow Jones Industrial Average, Nikkei 225 and S&P CNX Nifty indexes. In addition, CME Group has a number of global partnerships that expand the equity index product suite and provide customers with access to futures contracts based on leading non-U.S. benchmarks.

• Sean Tully, Managing Director, Interest Rate Products

Tully, 47, will be responsible for leading and developing the company's global interest rate business.  He will be based in New York and will report to Derek Sammann, Managing Director, FX and Interest Rate Products.  Tully succeeds Robin Ross, who is resigning to pursue other interests.  Ross will remain with the company until year end to ensure a seamless transition.

Tully's financial services career spans more than 20 years, including most recently serving as Managing Director, Global Head of Credit and Fixed Income Trading at WestLB in London.  During his tenure at WestLB, he held roles of increasing responsibility including Managing Director, Regional Head of Derivatives, Americas and Managing Director, Regional Head of Trading.  He also traded interest rate derivatives at Citibank and Greenwich Capital, running a global team in the interest rate swap business, and as a proprietary trader.

He holds a bachelor's degree, magna cum laude, from Potsdam College and a master's degree in mathematics from Clarkson University.  He is the author of "Restoring Confidence in the Financial System, See-Through Leverage: A Powerful New Tool for Revealing and Managing Risk."

CME Group is the global market center for all interest rate risk management, including listed derivatives as well as cleared OTC interest rate swaps. Customers have access to the deepest liquidity and the most diverse suite of products in order to manage their financial risk across the curve from 30 days to 30 years.  With over 39 million contracts outstanding in open interest, CME Group's interest rate products deliver greater capital efficiencies, plus the proven safety and security of CME Clearing.