OREANDA-NEWS. Chicago Mayor Rahm Emanuel will join CME Group’s CEO Phupinder Gill in honoring 77 high-achieving Chicago Public School high school seniors. The students were selected based on essays they wrote about innovation, as well as their academic standing and extracurricular activities. Each student will receive a $1,000 achievement award and a select number of students also will receive summer internships at CME Group clearing firms.

Since its inception in 1986, the CME Group Center for Innovation Mayoral Award for Student Achievement has awarded more than $1.4 million to approximately 1,700 high achieving Chicago public school students helping them to achieve their academic goals.

The scholarship program is provided 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 Melamed-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 products and metals. Around the world, CME Group brings buyers and sellers together through its CME Globex® electronic trading platform and its exchanges based in Chicago, New York and London. CME Group also operates one of the world’s leading central counterparty clearing providers through CME Clearing and CME Clearing Europe, which offer clearing and settlement services across asset classes for exchange-traded and over-the-counter derivatives. CME Group’s products and services ensure that businesses around the world can effectively manage risk and achieve growth.

CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc. CBOT, the Chicago Board of Trade, KCBOT, KCBT and Kansas City Board of Trade are trademarks of the Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are registered 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.