Statement by CME Group Chairman and Chief Executive Officer Terry Duffy on John W. O'Brien, Sr.
CME Group's Chairman and CEO, Terry Duffy, expressed deep condolences on the passing of John O'Brien, Sr., a significant figure in the futures industry. O'Brien, a founding member of RJO & Associates, contributed greatly to the sector's global reach and fostered a family-oriented culture within the business. Duffy highlighted O'Brien's mentorship and leadership qualities, emphasizing the impact he made on many professionals in the industry. The statement reflects CME’s commitment to honoring its past leaders while continuing to empower market participants worldwide.
- CME Group emphasizes the legacy of mentorship and leadership in the futures industry.
- Recognition of John O'Brien, Sr.'s contributions fosters goodwill within the industry.
- None.
CHICAGO, July 11, 2022 /PRNewswire/ -- CME Group Chairman and CEO Terry Duffy today issued the following statement on behalf of the company:
"The futures industry lost a great leader with the passing of John O'Brien, Sr., who was a Board member, former Chairman and former CEO, as well as a founding family member of RJO & Associates, the oldest and largest independent futures brokerage and clearing firm in the U.S.," said CME Group Chairman and Chief Executive Officer Terry Duffy. "John spent his career championing the U.S. futures industry and was instrumental in expanding its reach to customers around the world. As someone who literally grew up in this business, he fostered a culture of treating all clients and employees as family – a legacy that continues within RJO today. John was a friend and mentor to many within the business and will be deeply missed. On behalf of everyone at CME Group, our heartfelt condolences go out to his wife, Pat, their children, the entire O'Brien family and all of his RJO colleagues."
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex® platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and, E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners.
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SOURCE CME Group
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