IDG's Computerworld Names CME Group to Annual List of Best Places to Work in Information Technology for Fourth Consecutive Year
June 27 2008 - 11:30AM
PR Newswire (US)
CME Group Only Financial Exchange Recognized; Acknowledged for
Commitment to Career Development and Innovation CHICAGO, June 27
/PRNewswire-FirstCall/ -- 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
DATASOURCE: CME Group CONTACT: Media, Allan Schoenberg,
+1-312-930-8189, or Investors, John Peschier, +1-312-930-8491, both
of CME Group, Web site: http://www.cmegroup.com/
http://www.cmegroup.mediaroom.com/ http://www.idg.com/
http://www.computerworld.com/
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