CHICAGO, May 14, 2019 /PRNewswire/ -- CME Group, the
world's leading and most diverse derivatives marketplace, and Mayor
Rahm Emanuel presented 25 Chicago
Star Scholars with scholarships to fund their continued education
at a four-year college or university. Once students graduate from
City Colleges of Chicago (CCC)
with an associate degree, they will receive a $5,000 scholarship over two years, ensuring more
students from all economic backgrounds can access a viable pathway
to higher education.
"The Star Scholarship is about ensuring Chicago's hard-working students can pursue the
high-quality education they deserve," said Mayor Rahm Emanuel. "CME Group recognizes these
students have drive, determination and passion, which is why we are
helping them achieve their dream of earning a degree."
"If we want to advance our global economy in the future we must
invest in students today," said CME Group Chairman and Chief
Executive Officer Terry Duffy.
"We're very pleased to be able to support these talented students
in pursuing higher education in our city."
CME Group selected 25 students to receive scholarships that will
support them in furthering their college career with a bachelor's
degree in accounting, management, math, computer science (IT),
finance or economics at one of the Chicago Star Partner colleges
and universities in the fall.
CME Group joined the Star Scholars movement in 2017 after a long
partnership with the City of
Chicago on initiatives designed to help make college more
affordable and attainable for CPS graduates. In 1986, CME Group and
the City of Chicago launched the
CME Group Mayoral Award for Student Achievement, which has awarded
more than $2.1 million to thousands
of high-achieving CPS students in pursuit of college degrees.
"CME Group is making a visionary investment in our Star
Scholars – it is an investment in the future leadership of our
city," said City Colleges of Chicago Chancellor Juan Salgado. "I want to thank CME
Group for both its financial support of our Scholars and
its record of connecting students to coveted work-based learning
opportunities in elite trading firms across the city."
Now in its fourth year, the Chicago Star Scholarship program at
CCC has helped more than 6,400 CPS graduates attend college
tuition-free. Star Scholars are diverse, representing more than 75
Chicago ZIP codes and more than 200 CPS high schools. Nearly 50
percent of first time, full time Star Scholars who started in Fall
2015 graduated from City Colleges within three years, close to
double the national average for community colleges.
To be eligible for the CME Group Award for Star Scholars
Achievement, students must be graduating this May with a cumulative
GPA of 3.0 or above and a major in accounting, management, math,
computer science (IT), finance or economics.
For more information on the Chicago Star Scholarship at City
Colleges of Chicago, visit
www.ccc.edu/starscholarship.
As the world's leading and most diverse derivatives marketplace,
CME Group (www.cmegroup.com) enables clients to trade futures,
options, cash and OTC markets, optimize portfolios, and analyze
data – empowering market participants worldwide to efficiently
manage risk and capture opportunities. CME Group exchanges offer
the widest range of global benchmark products across all major
asset classes based on interest rates, equity
indexes, foreign exchange, energy, agricultural
products and metals. The company offers futures and
options on futures trading through the CME Globex® platform,
fixed income trading via BrokerTec and foreign exchange trading on
the EBS platform. In addition, it operates one of the world's
leading central counterparty clearing providers, CME
Clearing. With a range of pre- and post-trade products and
services underpinning the entire lifecycle of a trade, CME Group
also offers optimization and reconciliation services through
TriOptima, and trade processing services through Traiana.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and, E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT and Chicago Board of Trade are trademarks
of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile
Exchange and ClearPort are trademarks of New York Mercantile
Exchange, Inc. COMEX is a trademark of Commodity Exchange,
Inc. BrokerTec, EBS, TriOptima, and Traiana are trademarks of
BrokerTec Europe LTD, EBS Group LTD, TriOptima AB, and Traiana,
Inc., respectively. Dow Jones, Dow Jones
Industrial Average, S&P 500 and S&P are service and/or
trademarks of Dow Jones Trademark Holdings LLC, Standard &
Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as
the case may be, and have been licensed for use by Chicago
Mercantile Exchange Inc. All other trademarks are the
property of their respective owners.
CME-G
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SOURCE CME Group