Terry Duffy is the chairman and CEO of CME Group, the world's biggest derivatives exchange and a trading behemoth whose name is synonymous with Chicago's financial industry. In this wide-ranging interview, Duffy talks about the big risks in the market he's seeing right now and how the CME is preparing for them. He discusses everything from complaints over a lack of liquidity in Treasury futures, to the impact of the debt ceiling on CME's risk management, interest rate hedging trends in the aftermath of the recent banking crisis, and the exchange's expanding suite of crypto offerings. We also talk about how Duffy is viewing the CME's future in Chicago and, finally, his take on the onion futures debate.See omnystudio.com/listener for privacy information.

"The Games People Play in Markets" features CME Group CEO Terry Duffy. They discuss panic buying triggered by rate cut expectations, the promise of a soft landing, being a market pundit, IPO spinoff talk around SpaceX’s Starlink, and Danny’s NFL picks. Terry Duffy shares his take on risk management, innovation for new products, the importance of rigor, the retail trader, and his expectations for the stock market in 2024.

Terry Duffy, CEO of CME Group and a pioneer in global derivatives marketplaces, shares fascinating insights about the evolving landscape of trading. He discusses the criticality of U.S. debt control and the impact of geopolitical tensions on the markets. Duffy highlights innovative trading options designed for individual investors and explores the use of AI in trading practices. The conversation wraps up with a heartfelt commitment to St. Jude Children's Research Hospital, showcasing the importance of social responsibility in the financial sector.