CME Executive Chairman and Board of Overseers Member Duffy Quoted in Crain’s

Terrence Duffy, Executive Chairman of options and futures giant CME Group and honorary member of the IIT Stuart Board of Overseers, offered his solution to improve the health of the stock market in a recent interview. As reported in Crain’s Chicago Business, Duffy recommends eliminating exchanges known as “dark pools,” private forums unavailable to the general public where orders are hidden until transactions are completed. As much as 40 percent of American equity is traded in these off-exchange forums. In a separate media release, Duffy also expressed his appreciation for CME Group’s recent recognition as “North America Exchange of the Year” and “Clearinghouse of the Year” by Global Capital.