CME considers external hire to run Nymex

CME Group is expected to seek an external hire to run energy and metals trading if the planned $8.3bn takeover of Nymex Holdings wins backing at crucial votes Monday.

The futures exchange operator is expected to turn to a derivatives specialist from the banking community to install as a New York-based managing director overseeing the Nymex business, according to a source briefed on its plans.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump