IDG's Computerworld Names CME Group to Annual List of Best Places to Work in Information Technology for Fourth Consecutive Year
CME Group Only Financial Exchange Recognized; Acknowledged for Commitment to Career Development and Innovation
CHICAGO, June 27, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- CME Group, the world's largest
and most diverse derivatives exchange, today announced that it has been
selected by IDG's Computerworld, the "Voice of IT Management," as one of the
top workplaces for information technology (IT) professionals for the fourth
consecutive year. This honor is part of the weekly IT publication's 15th
annual Best Places to Work in IT survey, which was published in the June 30
issue and online at http://www.computerworld.com. CME Group is the only
financial exchange to receive this honor, and was also acknowledged for its
commitment to career development and innovation.
Since 1994, Computerworld's annual "Best Places to Work in IT" feature has
ranked the top 100 work environments for technology professionals, based on a
comprehensive questionnaire regarding company offerings in categories such as
benefits, diversity, career development, training and retention. In addition,
this year Computerworld surveyed more than 30,000 IT workers for the list, and
their responses factored heavily in determining the rankings.
"This award is an acknowledgement of our team and the integral role
technology plays in driving our business performance and future growth," said
CME Group CEO Craig Donohue. "Our CME Globex electronic trading platform
continues to provide access to the most diverse suite of benchmarks products
available on any exchange, and we look forward to continuing to strengthen its
industry leading reputation with the help of our talented team."
"We are extremely proud of our diverse and talented people in technology
at the exchange and the important enhancements they are making to ensure that
CME Globex continues to provide unsurpassed speed, reliability and scalability
to our global client base," said CME Group President Phupinder Gill. "We
remain focused on providing exceptional service to our customers and that
starts with taking care of our employees."
Some of the factors that contributed to CME Group's recognition by
Computerworld included the following:
-- Electronic trading represents 81 percent of CME Group's total volume to
date in 2008, versus only 15 percent in 2000. In that same timeframe,
average daily volume has grown more than twelve times over from 917,000
to 12.4 million contracts traded;
-- CME Group is the only financial exchange in the world that operates
virtually 24 hours every trading day, which means every aspect of the
exchange is driven or supported by technology; and,
-- CME Globex offers global access to the widest range of benchmark
products across all major asset classes -- a full range of commodity,
economic event, energy and metal, equity index, foreign exchange,
interest rate, real estate and weather products. The exchange's
technology team is charged with continuously enhancing the system's
speed, reliability and scalability to support our ongoing growth and
customer demand. Recent upgrades to the CME Globex platform have
reduced CME Globex response times by more than 50 percent, from an
average of 31 milliseconds down to approximately 13.7 milliseconds.
"The competitive edge sought by the best and smartest companies is no
longer information technology itself," said Scot Finnie, editor in chief of
Computerworld. "After all, IT has permeated the business processes of almost
every department of virtually every enterprise. The new competitive edge is
finding and retaining the very best people to chart and implement your IT
strategy."
To view the complete list of the Best Places to Work in IT, please visit
the Computerworld Web site at http://www.computerworld.com.
About CME Group
CME Group (http://www.cmegroup.com) is the world's largest and most
diverse derivatives exchange. Formed by the 2007 merger of the Chicago
Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), CME Group
serves the risk management needs of customers around the globe. As an
international marketplace, CME Group brings buyers and sellers together on the
CME Globex electronic trading platform and on its trading floors. CME Group
offers the widest range of benchmark products available across all major asset
classes, including futures and options based on interest rates, equity
indexes, foreign exchange, agricultural commodities, and alternative
investment products such as weather and real estate. CME Group is traded on
the New York Stock Exchange and NASDAQ under the symbol "CME."
The Globe logo, CME, Chicago Mercantile Exchange, CME Group, Globex and
E-mini, are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago
Board of Trade are trademarks of the Board of Trade of the City of Chicago.
These trademarks are used herein under license. All other trademarks are the
property of their respective owners. Further information about CME Group and
its products can be found at http://www.cmegroup.com.
About Computerworld
Computerworld is the leading source of technology news and information for
IT influencers worldwide. Computerworld's award-winning weekly publication,
Computerworld.com Web site (http://www.computerworld.com), focused conference
series and custom research form the hub of the world's largest (40+ edition)
global IT media network. In the past five years alone, Computerworld has won
more than 100 awards, including Folio Magazine's 2006 Gold EDDIE Award for the
best technology/computing magazine, the 2004 and 2006 Magazine of the Year
Award, and 2006 Best Overall Web Publication from the American Society of
Business Publication Editors (ASBPE). Computerworld leads the industry with a
print audience of 1,252,000 readers each week (IntelliQuest CIMS Spring 2006)
and an online audience of over 2 million unique monthly visitors (Omniture).
Computerworld is a business unit of International Data Group (IDG), the
world's leading technology media, events, and research company. IDG's online
network includes more than 450 web sites spanning business technology,
consumer technology, digital entertainment and video games worldwide. IDG
publishes more than 300 magazines and newspapers in 85 countries including
CIO, CSO, Computerworld, GamePro, InfoWorld, Macworld, Network World, and PC
World. IDG's lead-generation service, IDG Connect, matches technology
companies with an audience of engaged, high-quality IT professionals,
influencers, and decision makers.
IDG is a leading producer of more than 750 technology-related events
including Macworld Conference & Expo, LinuxWorld Conference & Expo,
Entertainment for All Expo (E for All), DEMO, and IDC Directions. IDC, a
subsidiary of IDG, is the premier global provider of market intelligence,
advisory services, and events. Over 900 IDC analysts in more than 90 countries
provide global, regional, and local expertise on technology and industry
opportunities and trends. Additional information about IDG, a privately held
company, is available at http://www.idg.com.
CME-G
SOURCE CME Group
http://www.cmegroup.com
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