Are you enamored with the power of free markets? Is
Trading Places your favorite movie? Are you heartbroken that you waited too long and can’t find an internship in finance? There’s no need to get down, for there are still great companies in financial fields who are hiring Summer interns. Take the CME Group for example, which is “a combined entity formed by the 2007 merger of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT).”
Our one complaint about CME Group’s website is that their About page doesn’t do a very good job of describing what they actually do. We had to do a little digging to make sure that we were accurately portraying the CME Group’s business, so we went to Wikipedia and the Chicago Tribune for answers (and you should too). First and foremost, CME Group is a financial exchange. They allow trading of financial instruments such as interest rates, equities, currencies, and commodities. This was originally done with the “open outcry method,” which is the complete madness that you’ve probably seen portrayed in movies. This method is in the process of being replaced by CME Globex, which is CME Group’s proprietary electronic trading platform. With that change has come a new focus on technology as a key driver of CME Group’s business.
Traditionally traders on the Chicago Mercantile Exchange have worked in the “pits,” worn funny looking jackets to identify their role, and used intricate hand signals to communicate. All of these traditions are on their way out as CME Group has moved most of their trading to an online system, and even if they weren’t, interns wouldn’t be with the traders. In fact, looking at the internships that are offered and their titles tells a story of a company with an ever increasing focus on technology
CME Group offers quite a few internships for undergraduates. There is a mix of full time and part time positions – many with the option of flexible hours. Full time internships include: Quality Assurance Intern, Business Analyst Intern, Customer Support Intern, Java Intern Front End Systems, Quality Assurance Internship (CS/CSE Majors), and Wireless network intern. Part time internships include: Computer Science Internship and Project Coordinator Internship. All internships with CME Group are based out of their office in Chicago, IL.
CME Group’s Careers site and Job Listings are both top notch. They’re easy to navigate, user-friendly, and information rich. That fits right in with the fact that CME Group has been named the 2007 Winner of the Best and Brightest Places to Work for in Chicago and one of the Best Places to Work in IT for a third straight year. It’s pretty surprising that internships with a company of this quality are still available to students, but they are!
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Tags: finance, Internships, IT, project management, quality assurance, software development
Hi,
i am highly interested in an intership at the CME. I have a passion for trading and have been swing trading for 10 years.
Can you help me?
Thanks,
Chad Smith
Atlanta GA- will move!
Hi,
I am also very interested in an internship at CME. I have alot of experience in trading and would like to get more info on the matter. Please let me know when you can.
Regards
Clyde Pelari
Hi,
I am very interested in an internship at the CME. I currently work as a Financial Representative which enables me to work closely with many CME traders. I enjoy hearing about their work and would like a chance to learn more. A summer internship would be ideal. Please let me know.
Thanks and Regards,
Robert Ericksen
Libertyville, IL