CME Group has hired Michael Kilgallen as managing director of equity products and Sean Tully as managing director of interest rate products. Kilgallen will be responsible for strengthening the growth strategy of the firm’s equity index business line, while Tully will lead and develop its global interest rate unit. The duo will be based in New York, where Kilgallen will report to Scot Warren, managing director of equity index products and services, and Tully will report to Derek Sammann, managing director, FX and interest rate products. Tully is replacing Robin Ross, who is leaving the firm to pursue other opportunities.

Click here for the release from PR Newswire.