CME Group to Present $79,000 in Scholarships to Chicago Public School Seniors as Part of Mayoral Awards Program
WHO: Chicago Mayor Rahm Emanuel
CME Group Chief Executive Officer Phupinder Gill
Chicago Public Schools Chief Executive Officer Barbara Byrd-Bennet
WHAT: 29th Annual CME Group Center for Innovation Awards for Student Achievement
WHEN: Noon, Thursday, May 29, 2014
WHERE: Auditorium Theater Building
50 E. Congress Parkway, Chicago
Valid press credentials required for admission
TO RSVP: Please contact Debra Derdzinski, 312-207-2571, Debra.Derdzinski@cmegroup.com.
Chicago Mayor Rahm Emanuel will join CME Group CEO Phupinder Gill in honoring 79 Chicago Public School high school seniors who will be receiving a $1,000 achievement award based on essays they wrote about innovation, as well as their academic standing and extracurricular activities. A number of students also will receive summer internships at CME Group clearing firms.
CME Group’s achievement award program has provided more than $1,185,000 to help more than 1,550 students advance their academic and/or professional careers since 1986.
The scholarship program is run by the CME Group Center for Innovation, which was established in 2003 to create and sponsor original programming that identifies, showcases and fosters examples of significant innovation and creative thinking across multiple industries. The Center’s signature program is the CME Group Fred Arditti Innovation Award which annually honors an individual whose innovative ideas, products or services have created significant change and improvement to markets, commerce or trade.
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 world’s leading central counterparty clearing providers, which offers 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.
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