CME Group Names Craig J. Mohan as Managing Director, Co-Location and Data Center Services

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. 

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SOURCE CME Group