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H O'Connell joins CME

Derivatives exchange CME Group has appointed Michael O'Connell managing director of clearing business development. O'Connell,who will be responsible for developing CME Clearing products and services, will report to Kim Taylor, managing director and president of CME Clearing.

O'Connell joins CME Group from Northern Trust Corporation, where he was most recently senior vice-president in corporate and institutional services, and was part of the global consulting team.

"Michael's deep knowledge of

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