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Melamed, Sandner, to Retire from CME Board
CME Group has announced that chairman emeritus Leo Melamed and retired chairman Jack Sandner will both retire from its board of directors at the conclusion of their current terms in May 2018. Following their retirement, both men will serve as a consultant to the company for the next two years. After that time, Melamed will continue to retain his title as chairman emeritus. Melamed is recognised as the founder of financial futures and introduced the International Monetary Market in 1972.

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