CME Group, the world’s largest and most diverse derivatives exchange, today announced that it has named Marcus Katz as director, Interest Rate Products. Katz, 47, will be responsible for expanding CME Group’s presence in the over-the-counter (OTC) interest rate market and growing the company’s global customer base. These responsibilities will include leading efforts to market CME Group’s benchmark interest rate products as tools to replicate OTC derivative transactions and developing new interest rate products and services related to the OTC markets. He will report to Robin Ross, managing director, Interest Rate Products.
With more than 20 years of experience in the financial services industry, Katz most recently served as Founder and Managing Partner of Winnemac Investments LLC, a fixed income asset management company located in Chicago. He was also head of Risk Solutions for Lehman Brothers Inc. in New York and global head of Corporate Derivatives for Bank of America in Chicago.
Katz earned his bachelor’s degree, magna cum laude, from West Virginia University and his MBA with concentrations in finance and marketing from Northwestern University’s Kellogg School of Management.