"We have leading-edge technology to support our mission-critical systems."
— Donald Karmazin, Vice President, Information Systems

Tandem C, UNIX
Financial services Large shop


The Chicago Board of Trade (CBOT) is the world's largest commodities exchange for futures and options. Historically, CBOT has been known for trading in agricultural products, such as soybeans, wheat, grain, oats, rice, and corn.

Founded in 1848, CBOT is privately held and has revenues of $120 million in fees from its members. CBOT has 800 employees and is headquartered in Chicago, Illinois.



CBOT has a Tandem running under VLX as a host system to Sun/UNIX workstations for traders. Ungerman Bass is the LAN for 800 workstations. Programming is in C and Tandem's TAL programming language under UNIX. Additional software used includes the Dun & Bradstreet financial packages.

CBOT employs 100 computer professionals. Job titles range from Programmer Trainee to Programmer Analyst and Senior Programmer Analyst. Computer professionals recently completed an application system to support electronic trading and open outcry auctioning, reporting on prices and updating quotes from the Quotron system.


Computer professionals work in cubicles and offices in a non-smoking environment. There is a minimal need for travel and no overtime. CBOT offers the opportunity to work on challenging projects using leading-edge technology.

CBOT observes eight holidays and offers two weeks of vacation after one year to a maximum of five weeks of vacation. The company offers a full-line of health benefits and tuition reimbursement and has never had a layoff.


CBOT looks for bright, aggressive computer professionals who work well in teams and have experience with C programming. A Bachelor's or an advanced degree in Computer Science is preferred. CBOT does hire entry-level computer professionals, typically finding them among their summer interns.

Computer professionals at CBOT have experience ranging from zero to twenty-five years and generally have a college degree. CBOT hires five or six computer professionals a year, finding most candidates through advertisements.


A letter with a resume is preferred.

Department of Human Resources

(312) 435-3500

Chicago Board of Trade

141 W. Jackson Blvd.

Chicago, Illinois 60604

Copyright 1995. Carol L. Covin. Covin’s Midwest Computer Job Guide