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CME recruits new heads for Equity and Interest Rate Businesses

CME Group, a diverse derivatives marketplace, has appointed Michael Kilgallen and Sean Tully as managing directors for its Equity Products and Interest Rate Products divisions respectively.

Michael Kilgallen will be based in New York and will be responsible for furthering the growth strategy for the company’s equity index business line. He will report to Scot Warren, the managing director of Equity Index Products and Services.

Before joining CME Group, Kilgallen was the managing director of Global Prime Finance for Citigroup’s Equities Division. He also served as vice president, portfolio manager and co-head of Trading for the Quantitative Equity Group within Goldman Sachs & Co.’s Investment Management Division.

Sean Tully succeeds Robin Ross and will be based in New York to lead and develop the company’s global interest rate business. He will report to Derek Sammann, the managing director of FX and Interest Rate Products.

Prior to CME group, Tully worked as the managing director of Global Head of Credit and Fixed Income Trading at WestLB in London and had also served as a proprietary trader and traded interest rate derivatives at Citibank and Greenwich Capital.

CME Group has a broad presence throughout Asia, with headquarters in Singapore, offices in Hong Kong, Seoul, Shanghai and Tokyo, and telecommunications hubs in Kuala Lumpur, Seoul and Singapore.