Terrence A. (Terry) Duffy is an American businessman and executive with a long history in the financial services industry, particularly in the futures and derivatives markets. He has held multiple leadership roles within the CME Group, contributing significantly to the growth and development of the organization.
Education:
Terry Duffy holds a Bachelor's degree in Economics from the University of Wisconsin-Whitewater.
Career and CME Group:
CME Group, Inc. is a leading global financial market company that offers a wide range of products and services, including futures and options trading, clearing and settlement services, and market data and information. Formed in 2007 through the merger of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), CME Group is the world's largest and most diverse derivatives marketplace. The company is headquartered in Chicago, Illinois, with additional offices and facilities in key financial centers around the world.
The Chicago Mercantile Exchange (CME), also known as CME Group, is one of the world's largest and most diverse derivatives marketplaces, offering a wide range of futures and options products for various asset classes, including interest rates, equities, currencies, commodities, and energy resources. The CME was established in 1898 as the Chicago Butter and Egg Board, initially serving as a regional platform for trading agricultural commodities.