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.
