IDG's Computerworld Names CME Group to Annual List of Best Places to Work in Information Technology for Fifth Consecutive Year
June 15 2009 - 11:48AM
PR Newswire (US)
CME Group Only Financial Exchange Recognized CHICAGO, June 15
/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 fifth consecutive year. This honor is part of
the weekly IT publication's 16th annual Best Places to Work in IT
survey, which was published in the June 15 issue and online at
http://www.computerworld.com/. CME Group is the only financial
exchange to receive this honor. The Best Places to Work in
Information Technology (IT) list is an annual ranking of the top
100 work environments for technology professionals compiled by
IDG's Computerworld, the "Voice of IT Management." The lists are
compiled based on a comprehensive questionnaire regarding company
offerings in categories such as benefits, diversity, career
development, training and retention. In addition, Computerworld
conducts extensive surveys of IT workers, and their responses
factor heavily in determining the rankings. "We are honored to
receive this award and acknowledge the great work our team does to
advance our reputation as a leading technology provider," said CME
Group CEO Craig Donohue. "Thanks to their efforts, we facilitated
the trading of three billion contracts representing $1.2
quadrillion in notional value last year. Our strong focus on
technology continues to transform our business and enable us to
pursue new growth opportunities in listed and over-the-counter
markets, and we look forward to enhancing our capabilities even
further in the years to come." "Providing best-in-class customer
service remains at the core of everything we do, and we want to
thank our technology team for their commitment to providing
cutting-edge technology across all areas of our business," said CME
Group President Phupinder Gill. "Given the current market
environment, we are especially proud of the technology that
supports our clearing services and improves our clients' ability to
manage their risk." Some of the factors that contributed to CME
Group's recognition by Computerworld included the following: --
Electronic trading represents approximately 80 percent of CME
Group's total volume to date in 2009, versus only 15 percent in
2000. In that same timeframe, average daily total volume has grown
more than ten-fold from 917,000 to 10.4 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. CME Globex handles an average
of 8.2 million contracts per day with an average current response
time of eight milliseconds. "To be among the Best Places to Work in
IT, it's not enough just to seek out and hire the most talented IT
people, offer them competitive pay and provide great benefits,"
said Scot Finnie, editor in chief of Computerworld. "The
organizations that made this year's Best Places to Work list
sustain a dynamic work environment in which IT professionals keep
their hands on the latest technologies and work on projects that
are business critical. In the months and years ahead, IT is going
to become a key accelerator of business growth." 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. Building on the heritage of
CME, CBOT and NYMEX, 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 trading floors in Chicago and
New York. By acting as the buyer to every seller and the seller to
every buyer, CME Clearing virtually eliminates counterparty credit
risk. CME Clearing also offers financial safeguards to help
mitigate systemic risk, providing the security and confidence
market participants need to operate, invest and grow. 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, energy,
agricultural commodities, metals, and alternative investment
products such as weather and real estate. CME Group is listed on
NASDAQ under the symbol "CME." 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 and
its products can be found at http://www.cmegroup.com/. About
Computerworld Computerworld's award-winning Web site
(Computerworld.com), weekly publication, and focused conference
series form the hub of the world's largest global IT media network.
In the past five years alone, Computerworld has won more than 100
awards including the Magazine of the Year Award from the American
Society of Business Publication Editors (ASBPE) in both 2004 and
2006, and the American Business Media's Neal Award for Best Web
Site, Best Blogs and Best Article or Series in 2008. Computerworld
leads the industry with an online audience of over 2.5 million
unique monthly visitors and a print audience of more than 1 million
readers each week (IntelliQuest CIMS, Fall 2008). Computerworld
also reaches over 10,000 IT executives every year through its
high-touch conferences and custom summits. About International Data
Group (IDG) International Data Group (IDG) is 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 also publishes more than 300 magazines and
newspapers. Media brands are in more than 90 countries and include
CIO, CSO, Computerworld, GamePro, InfoWorld/TechWorld/TecChannel,
Macworld, Network World and PC World. The company'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,
OpenSource World, E3, DEMO, Storage Networking World, and IDC
Directions. IDC, a subsidiary of IDG, is the premier global
provider of market intelligence, advisory services and events. Over
1,000 IDC analysts in more than 100 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/. Note:
All product and company names are trademarks of their respective
organizations. 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.computerworld.com/ http://www.idg.com/
http://www.cmegroup.com/
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