Car Maintenance
Ohio Turnpike Maintenance Vehicle Struck by Car on I-280
2024-11-19
An incident occurred on I-280 in Lake Township where an Ohio Turnpike maintenance vehicle faced a harrowing encounter. The vehicle was stationary on the southbound shoulder at the ramp to the Turnpike, with its emergency lights activated. At around 11:52 a.m., a 24-year-old from Elyria drove their Ford Fusion off the right side of the road and collided with the maintenance vehicle.

Impact and Injuries

Inside the maintenance vehicle, a 40-year-old sustained a "possible minor injury" and received on-site treatment. Meanwhile, a 29-year-old inside the vehicle was unharmed. The 24-year-old driver also suffered minor injuries and was treated at the scene. Remarkably, the two passengers in the Ford Fusion escaped without any injuries.

Details of the Crash

The Ohio State Highway Patrol provided crucial details about the incident. The maintenance vehicle was simply doing its job, providing essential services on the side of the highway. However, the unexpected collision had significant consequences. The scene was a testament to the unpredictability of the road and the need for constant vigilance.

Investigation Underway

Currently, the crash remains under thorough investigation. Authorities are working diligently to determine the exact cause of the accident and to ensure that all necessary precautions are in place to prevent similar incidents in the future. This incident serves as a reminder of the importance of safety on our roads and the need for continuous improvement in traffic management.
CGQ: Offering Day-One Access to MIAX Futures Exchange
2024-11-19
Denver and Chicago have witnessed a significant announcement in the financial world. CQG, a renowned global provider of high-performance technology solutions, has declared that it will provide immediate access to MIAX Futures Exchange. This includes new Bloomberg equity index futures contracts once they are listed, in conjunction with the planned launch of the exchange's new Onyx matching engine in June 2025. The announcement was made during FIA's Futures & Options Expo, a highly attended event in Chicago this week.

Unlock Seamless Access to MIAX Futures with CQG

Background and Renaming

Last month, Miami International Holdings, Inc. (MIH) took a significant step by renaming Minneapolis Grain Exchange, LLC (MGEX), a wholly owned subsidiary of MIH, to MIAX Futures Exchange. This move is part of MIH's strategy to expand the range of futures and options products listed on the exchange, encompassing agricultural and financial futures. It came just a month after MIH entered into a licensing agreement with Bloomberg Index Services Limited to develop a suite of index futures, options on futures, and cash options products based on a portfolio of benchmarks.

This renaming and the subsequent licensing agreement showcase MIH's commitment to diversifying and enhancing its offerings in the futures market. It sets the stage for a more comprehensive and dynamic trading environment.

The decision to rename MGEX to MIAX Futures Exchange is likely to attract the attention of traders and investors alike, as it brings together a new set of opportunities and products.

CGQ's Role and Client Benefits

CQG CEO Ryan Moroney expressed his delight in working closely with MIH on the development of the new trading engine and being among the first to enable clients to trade on the MIAX Futures Onyx platform.

Clients are already trading the Minneapolis Hard Red Spring Wheat contract on MIAX Futures and are excited to have additional financial futures products to trade in conjunction with other products on the CQG network. They can utilize the full range of CQG tools at their fingertips, providing them with a comprehensive trading experience.

Moroney emphasized CQG's commitment to supporting the exchange and ensuring that clients have seamless access to MIAX Futures products as it transitions to the new engine. This dedication to client satisfaction is a key aspect of CQG's business model.

MIH's Perspective

Thomas P. Gallagher, Chairman and CEO of MIH, stated that they are pleased to have CQG providing connectivity to the MIAX Futures Onyx platform as part of its expected launch in Q2 2025.

CGQ's sophisticated trading infrastructure will offer professional traders direct access to MIH's current and planned derivatives products. This alignment with MIH's strategy of expanding access to MIAX Futures through industry-leading trading platforms is a significant development.

By partnering with CQG, MIH aims to provide traders with a seamless and efficient trading environment, leveraging the strengths of both companies.

About CQG

CQG provides the industry's highest performing solutions for traders, brokers, commercial hedgers, and exchanges globally. Its services include trading, market data, advanced technical analysis, risk management, and account administration.

The firm partners with the vast majority of futures brokerage and clearing firms and provides Direct Market Access (DMA) to more than 45 exchanges through its global network of co-located Hosted Exchange Gateways. CQG technology serves as the front end for a variety of exchanges and is increasingly employed as the over-the-counter matching engine for important new markets.

Its server-side order management tools for spreading, market aggregation, and smart orders are renowned for their speed and ease of use. The market data feed consolidates 85 sources, including exchanges worldwide for futures, options, fixed income, foreign exchange, and equities, as well as data on debt securities, industry reports, and financial indices.

As one of the longest-serving technology solutions providers in the industry, CQG has won numerous awards for its trading software, technical analysis, and multi-asset trading platform. With headquarters in Denver and sales and support offices and data centers in key markets globally, CQG provides services in more than 60 countries.

For more information, visit www.cqg.com.Source: CGQ
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The Impactful DTE Day in October 2024
2024-11-19
In October 2024, a significant event took place as the Detroit Regional Chamber’s TalentEd team and Detroit Promise came together to host DTE Day. This open house served as a crucial connection between Detroit Promise students and DTE recruiters, offering students the opportunity to learn about the company, its operations, and the various ways they could kickstart their careers within DTE. A total of twenty-nine students actively participated and gained valuable insights through the following:

Discovering DTE's Student Co-op Opportunities

Students were introduced to DTE’s Student Co-op opportunities available in diverse fields such as data analytics, data security, and engineering. These co-op programs present students with challenging assignments that not only enhance their skills but also offer competitive pay. Moreover, students have the chance to work closely with leaders in their respective fields, gaining valuable mentorship and exposure. For instance, a student in data analytics might work on real-world projects that require them to analyze large datasets and provide actionable insights. This hands-on experience prepares them for future careers and gives them a competitive edge in the job market.In addition to the technical skills, students also develop soft skills such as teamwork, communication, and problem-solving. Working in a co-op environment allows them to apply what they have learned in the classroom and see how it translates into real-world situations.

DTE's Summer Student Program: A Gateway to Success

The Summer Student program by DTE provides full-time, temporary employment opportunities for college undergraduates and high school seniors who are preparing to enter college in the fall. This program serves as a stepping stone for students to gain practical work experience and build their resumes. It allows them to explore different areas within the company and determine their career interests.For example, a high school senior might participate in the Summer Student program and work in the customer service department. During this time, they learn about customer interactions, handle inquiries, and gain an understanding of the company's values and culture. This early exposure can inspire them to pursue a career in a related field and gives them a head start in their academic and professional lives.The Summer Student program also offers networking opportunities with professionals within the company. Students have the chance to interact with experienced employees, ask questions, and build relationships that can be beneficial in the future.

The Benefits of DTE Day for Students and DTE

DTE Day proved to be highly beneficial for both students and DTE. Students gained valuable experiences and knowledge that they can apply in their future careers. They were able to explore different career paths within DTE and get a taste of what it's like to work in a professional environment.For DTE, the event provided access to a diverse and talented group of students from the Detroit Promise. This allows the company to tap into a pool of potential future employees and build relationships with the educational community. By collaborating with the Chamber's TalentEd team, DTE can create similar pathways for other students and enhance its recruitment efforts through targeted events and strategic partnerships.The connections made during DTE Day strengthen DTE's ties with the Chamber and the educational community. This collaboration is essential for the growth and development of both parties and helps shape the future talent landscape of the Detroit Region.The Chamber encourages more companies to follow DTE's lead and collaborate with its TalentEd team to create similar opportunities for students. By investing in the next generation, businesses can enhance their workforce and contribute to the prosperity of the entire Detroit Region.
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