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CME Group hires FX exec from Deutsche Bank

CME GroupInc. on April 4 said it appointed Paul Houston to executivedirector and global head of foreign exchange.

Houston is joining from Deutsche Bank AG, where he was head of foreign exchangeand fixed income prime brokerage and listed derivatives client solutions forEurope, the Middle East and Africa.

He will be based in London and will lead the development,execution and management of CME's foreign exchange business globally.