IDG's Computerworld Names CME to Annual List of Best Places to Work in Information Technology for Third Consecutive Year
CHICAGO, June 18, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- CME, 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 third consecutive year. This honor is part of the weekly IT publication's 14th annual Best Places to Work in IT survey, which was published in the June 18 issue and online at http://www.computerworld.com. CME is the only financial exchange to receive this honor, and was also acknowledged for its strong commitment to 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 27,000 IT workers for the list, and their responses factored heavily in determining the rankings.
"Receiving this award for the third consecutive year is a tremendous testament to the exceptional team we have at CME and the ongoing investments we are making in technology," said CME CEO Craig Donohue. "Our CME Globex(R) electronic trading platform, the only electronic trading system to offer access to all major asset classes, continues to define the cutting edge of financial trading technology and provide global market participants with unparalleled speed, functionality and reliability. Technology is an important driver of our business growth, and we look forward to continuing to provide our customers with a superior electronic trading experience."
"We are extremely proud of the recognition this award brings to our talented technology team and their success in positioning CME as a leading technology provider and innovator," said Phupinder Gill, CME President and Chief Operating Officer.
Some of the factors that contributed to CME's recognition by Computerworld included the following:
-- Electronic trading represents 73 percent of CME's total volume in 2007, versus only 15 percent in 2000. In that same timeframe, average daily volume has nearly septupled from 917,000 to 6.1 million contracts traded. -- CME 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; -- CME launched its 10-year service agreement to host NYMEX energy and metals products on the CME Globex electronic trading platform in June 2006; -- CME Globex is the only electronic trading platform to offer global access across all major asset classes - a full range of interest rate, equity index, foreign exchange, commodity, energy and real estate 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; and, -- FXMarketSpace, a 50/50 joint venture with Reuters, began trading foreign exchange currencies in February 2007 in the $2 trillion a day OTC market.
"This year's Best Places to Work rankings represent companies across the industry that recognize how a strong commitment to and investment in employees is synonymous with creating a great IT work environment," said Don Tennant, editor in chief of Computerworld. "Once again, we found that IT professionals are looking for rewarding and challenging projects, access to leading-edge technologies, career growth and development and a comfortable work/life balance. Our Best Places companies not only offer these benefits, but do so in a manner that goes well above industry norms."
Other companies that Computerworld ranked among the Best Places to Work include Quicken Loans, General Mills and Verizon Wireless. 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
CME (http://www.cme.com) is the world's largest and most diverse derivatives exchange. As an international marketplace, CME brings together buyers and sellers on the CME Globex(R) electronic trading platform and on its trading floors. CME offers futures and options on futures in these product areas: interest rates, stock indexes, foreign exchange, agricultural commodities, energy, and alternative investment products such as weather, real estate and economic derivatives. CME is a wholly-owned subsidiary of Chicago Mercantile Exchange Holdings Inc. (NYSE, Nasdaq: CME), which is part of the Russell 1000(R) Index and the S&P 500(R) Index.
Chicago Mercantile Exchange, CME, the globe logo, CME Globex and E-mini are trademarks of Chicago Mercantile Exchange Inc. CLEARING 21 is a registered trademark of CME and New York Mercantile Exchange, Inc. S&P, S&P 500, NASDAQ-100, Nikkei 225, Russell 1000, Russell 2000, TRAKRS, Total Return Asset Contracts and other trade names, service marks, trademarks and registered trademarks that are not proprietary to Chicago Mercantile Exchange Inc. are the property of their respective owners, and are used herein under license. Further information about CME and its products is available on the CME Web site at http://www.cme.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.
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