Feb 11, 2014
Saracens link up with CME Group
Saracens today has announced that CME Group, the world’s leading and most diverse derivatives firm, has agreed to a long-term association with the London club renowned worldwide for its vision and innovation.
With global headquarters in Chicago and its European headquarters based in London, CME Group is eager to continue developing its profile in the City, where rugby enjoys a significant and growing following, as well as throughout Europe. CME Group’s logo will appear on the back of the Saracens playing jersey and at Allianz Park at one of the entrance gates renamed CME Group Gate.
William Knottenbelt, Managing Director of CME Group for Europe, Middle East and Africa said: “This is an exciting time for the company as we continue to globalise our business and further establish ourselves in the City of London, and we regard Saracens as an ideal partner with a similar ambition. Aside from their sustained success on the field, the club combines a clear culture of declared values with an engaging ambition to become the most recognised club brand in the game -- it’s all part of the Saracens vision and we are excited to be involved."
Nigel Wray, Saracens chairman, said: “CME Group is an established global company with bold plans in Europe, and we are delighted they are joining our team. Rugby in general, and English club rugby in particular, has entered a phase of outstanding growth, and we are confident of delivering outstanding value. We have moved our commercial and sales teams into the City of London, and we look forward to a long and successful partnership with the CME Group, in whom we have found a kindred spirit.”
About CME Group
As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex® electronic trading platform and its trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the world's leading central counterparty clearing providers, which offers clearing and settlement services across asset classes for exchange-traded contracts and over-the-counter derivatives transactions. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk.