CME Group's Raia joins Goldman Sachs

Joseph Raia today started working at Goldman Sachs, after announcing his resignation as CME Group's managing director for energy and metals marketing at the beginning of the month

In his new position as managing director in the commodities division, Raia works in the futures and clearing groups, and is based in New York.

When contacted to provide more details about the role, Goldman Sachs declined to comment.

Chris Grams, a spokesman for Chicago-based CME Group, confirmed the move and said CME had a strong team in place despite his departure. He would not comment on whether a replacement has been found.

Raia joined CME's predecessor, the New York Mercantile Exchange, in