International derivatives marketplace CME Group today announced a realignment of its FX futures, options, cash and over-the-counter (OTC) FX businesses into a single unit led by Paul Houston, who has overseen CME Group’s futures and options business for seven years. Under the new structure, Mr Houston will serve as Global Head of FX Products and will be responsible for the company’s FX derivatives markets as well as its EBS cash markets business, leveraging a combined team to further improve client service, increase efficiencies and enhance product development across the entire FX marketplace. Jeff Ward, Global Head ... (full story)