Richard H. Redding
Rick H. Redding is executive director of the Index Industry Association (IIA). He is the first to head up that post for the association, which was founded in March 2012. He was named to the role on November 19, 2012.
Redding was the head of products & services with the CME prior to its merger with the Chicago Board of Trade in 2007. He was first named to that position in 2004. In that position, he led all CME product managers globally and was charged with marketing interest rate, foreign currency, stock index, commodity, weather and real estate futures and options products.
Prior to his appointment as managing director, Redding for 10 years served as head of the exchange's equity product line. Redding and his team were instrumental in further developing CME's stock index futures and options offerings. His role in developing and executing the strategy for the company's E-mini product line has led to volume growth over the last five years. Other new products launched under his leadership include the S&P Midcap and the NASDAQ-100 indexes.
Redding joined CME in 1988, serving first in the company's market surveillance area and, finally, leading product marketing functions.
Previously, he held financial analyst positions at U.S. Medical Equipment from 1983-85 and at First Republic Bank from 1986-88, both in Houston, Texas.
Redding earned a bachelor's degree in Economics and Finance from Houston Baptist University in 1983 and an MBA degree in Finance from the University of Houston in 1986.
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