Terrence A. Duffy | |
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Born | August 15, 1958 |
Nationality | American |
Education | University of Wisconsin-Whitewater |
Occupation(s) | Executive officer and CEO (derivatives trading) |
Organization | CME Group |
Children | 2 |
Terrence A. Duffy (born August 15, 1958) is an American businessman. He is the chairman and chief executive officer of CME Group, a derivatives marketplace based in Chicago, Illinois.
Duffy began working at the Chicago Mercantile Exchange in 1980. He joined the CME board in 1995. He served as vice chairman from 1998 to 2002 and as chairman from 2002 onwards. Duffy led the company's substantial mergers and acquisitions, including most notably when Chicago Mercantile Exchange acquired its cross-town rival Chicago Board of Trade, followed by acquisitions of New York Mercantile Exchange and later NEX Group. Duffy has served in the chairman and chief executive role since November 2016.
In 2003, Duffy was appointed by President Bush and confirmed by the U.S. Senate as a member of the Federal Retirement Thrift Investment Board (FRTIB), a position he held until 2013.