CME names Everaert OTC head

CME Group has recruited Michael Everaert as managing director in charge of over-the-counter solutions, a newly created post responsible for pre- and post-trade products in the OTC market. Everaert joins from Imex Group, a subsidiary of the Qatari sovereign wealth fund, where he was chief information officer.

At CME he will report to Laurent Paulhac, the head of OTC products and services, and will be based in London. He will be responsible for extending CME's Clearport clearing service, in

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