CME Group Adds Access to Delayed and JSON Formatted Data Via Google Cloud

Rhea-AI Summary

CME Group has launched access to delayed and JSON formatted futures data via Google Cloud, enhancing data consumption options for customers. This initiative aims to simplify how clients access market data while ensuring compliance with licensing policies. Customers can obtain both real-time and delayed data without infrastructure management, facilitating easier integration with existing applications. The expansion of this partnership highlights the growing demand for cloud-based solutions in the financial market.

Positive

• Enhanced accessibility of market data through Google Cloud.
• Simplified integration of data into existing applications for customers.
• Compliance with licensing policies without the need for intermediaries.

Negative

• None.

CHICAGO, July 15, 2020 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that customers can now access its delayed and JavaScript Object Notation (JSON) formatted futures data through Google Cloud. With the addition of these native cloud solutions, it is easier than ever for customers to consume CME Group's valuable suite of market data products.

"CME Group is constantly exploring new ways to help our customers make the most informed trading decisions, including more flexibility in the ways they can access our reliable market data," said Trey Berre, Global Head of Data Services at CME Group. "We have seen considerable demand for cloud-based data delivery since we launched last year, and we are pleased to offer more solutions that make it even easier for customers to use our data in the format that works best for their individual needs."

Customers can now access real-time and delayed data in FIX Binary and real-time JSON formats, without the need to provision servers, install network, or manage infrastructure, on Google Cloud. Delayed data is automatically compliant with CME Group licensing policies, removing the need for intermediary data service providers. In addition, JSON formats provide an accurate look at buy and sell orders, can easily plug into any existing application and help simplify workflow for customers.

"We're pleased to expand our relationship with CME Group to now offer more diverse data consumption options for their customers," said Christin Brown, Global Financial Services Strategy & Solutions Lead, Google Cloud. "At Google Cloud, we believe housing market data in the cloud provides a wide range of benefits for data consumers—from having fast access to tremendous amounts of data at their fingertips to providing more ease and flexibility to accessing data on their terms. We're excited for the possibilities that data sharing in the cloud can bring to the market."

Google Cloud facilitates the exchange and monetization of both historical and real-time market data within the cloud—all at scale, securely and easily. CME Group customers can receive binary and JSON data sets in a variety of global geographic locations via Google Cloud infrastructure.

For more information about CME Smart Stream on Google Cloud, please visit: www.cmegroup.com/cloud.

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

FAQ

What new data access options has CME introduced via Google Cloud?

CME Group has added access to delayed and JSON formatted futures data through Google Cloud, allowing easier and more flexible data consumption.

How does CME Group's new cloud service impact customers?

The new cloud service enables customers to access real-time and delayed data without managing servers, simplifying workflow and integration.

When was the announcement about CME Group's cloud data access made?

The announcement was made on July 15, 2020.

Does the new data service comply with CME Group licensing policies?

Yes, the delayed data is compliant with CME Group licensing policies, eliminating the need for intermediary data service providers.

What benefits does Google Cloud offer for CME Group's data delivery?

Google Cloud provides fast access to large amounts of data, enhancing ease and flexibility in data consumption for CME Group's customers.