CHICAGO, May 25 /PRNewswire-FirstCall/ -- CME Group, the
world's leading and most diverse derivatives marketplace, today
announced that it has named Craig J.
Mohan as Managing Director, Co-Location and Data Center
Services. In this newly created position, Mohan, 41, will be
responsible for the strategic development, management and overall
execution of the company's co-location and data center hosting
business, including sales, product development and client
services. He will report to Julie
Holzrichter, Managing Director, Global Operations.
Mohan joins CME Group from Citadel Investment Group where he
served as Director, Global Infrastructure and was responsible for
managing the firm's networking, technical architecture and global
operations. While at Citadel, Mohan had direct oversight over
the company's data center and co-location facilities. His
background also includes technology and operations management
positions with ShopperTrak RCT, Accenture and Blue Meteor Inc.
He earned a bachelor's degree in electrical engineering, with
honors, from the University of Illinois at
Urbana-Champaign.
"Craig's leadership and expertise in technology infrastructure
management combined with his deep understanding of financial
markets will help further our mission to better support the
electronic trading needs of our customers worldwide," said
Julie Holzrichter, CME Group
Managing Director of Global Operations. "As we prepare to
launch our co-location services in early 2012, he will play a key
role in helping our customers realize more efficient operating
costs than traditional co-location facilities, while maximizing
reliability and availability."
CME Group's co-location facility will provide the following:
- Housing of all trade matching engines for all products traded
on CME Globex
- Equitable treatment for customers
- Non-discriminatory and transparent pricing
- Environmentally green build-out for maximum power and cooling
efficiencies
Additional details regarding the CME co-location service
offering and subscription services will be available in Q3 2010.
CME Group will continue to support existing connectivity options
including CME LNet and Jackson Direct. For a complete listing
of connectivity options, please visit
www.cmegroup.com/tradingapplications.
As the world's leading and most diverse derivatives marketplace,
CME Group (www.cmegroup.com) is where the world comes to manage
risk. CME Group exchanges offer the widest range of global
benchmark products across all major asset classes, including
futures and options based on interest rates, equity indexes,
foreign exchange, energy, agricultural commodities, metals, weather
and real estate. CME Group brings buyers and sellers together
through its CME Globex electronic trading platform and its trading
facilities in New York and
Chicago. CME Group also operates CME Clearing, one of the
largest central counterparty clearing services in the world, which
provides clearing and settlement services for exchange-traded
contracts, as well as for over-the-counter derivatives transactions
through CME ClearPort. These products and services ensure
that businesses everywhere can substantially mitigate counterparty
credit risk in both listed and over-the-counter derivatives
markets.
The Globe logo, CME, Chicago Mercantile Exchange, CME Group,
Globex, E-mini and CME ClearPort 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. NYMEX and New York
Mercantile Exchange are trademarks of New York Mercantile Exchange,
Inc. COMEX is a trademark of Commodity Exchange, Inc.
All other trademarks are the property of their respective
owners. Further information about CME Group (Nasdaq: CME) and
its products can be found at www.cmegroup.com.
CME-G
SOURCE CME Group