Belfast Telegraph

Friday 28 November 2014

US firm to set up Belfast office

US financial services firm The Chicago Mercantile Exchange group is to set up an office in Belfast
US financial services firm The Chicago Mercantile Exchange group is to set up an office in Belfast

A US financial services firm is to make a major investment in Belfast.

The Chicago Mercantile Exchange (CME) group will set up an office in the city, Northern Ireland's First and Deputy First Ministers said.

CME Group is one of the world's leading and most diverse derivatives marketplaces. The group has confirmed that it intends to open its office in Belfast in the next few months.

First Minister Peter Robinson said: "This new investment is another significant vote of confidence for Northern Ireland and reflects the confidence that international players have in this region.

"It follows from the highly successful inward investment trip to the US by myself and the deputy First Minister in September 2011 when we met senior executives of the company to promote the many benefits that Northern Ireland has to offer."

Deputy First Minister Martin McGuinness said the group had considered several locations across the globe but was attracted to Northern Ireland by the high quality workforce, excellent university linkages and the support offered to it.

"The IT and financial services sectors are key drivers of our economy and the CME Group will join a growing cluster of world-class companies based here, and will further enhance our reputation as a premier location for this kind of investment," he said.

"We look forward to working with the company as it establishes and grows its Belfast operation."

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