News Release

IDG's Computerworld Names CME Group to Annual List of Best Places to Work in Information Technology for Fifth Consecutive Year

Mon Jun 15 2009

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 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 www.computerworld.com.

 

About CME Group

CME Group (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 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

SOURCE: CME Group

Web site: http://www.computerworld.com/
http://www.idg.com/
http://www.cmegroup.com/

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