|
There are a variety of ways to trade electronically on the CME Globex
®. Even without access to a personal computer, traders can still execute orders
electronically via a broker, who will place the CME Globex orders on your behalf. To place orders
and receive market data directly, you can select from a variety of CME-certified trading
applications.
These trading applications include CME-certified front-ends available from FCMs and Introducing
Brokers (IBs), Independent Software Vendors (ISVs), and the proprietary CME applications CME Globex
Trader
® and CME EOS Trader. Before choosing a trading application, please make sure that your
broker is able to support your choice.
CME Globex Trader Decommission
With the expansion of User-Defined Spreads functionality to all CME options products, CME
Globex Trader will no longer provide access to options markets. The limitation of CME Globex Trader
to futures markets, aging functionality and infrastructure, and the declining user base have led to
the decision to decommission CME Globex Trader. Traders may replace CME Globex Trader with a
third-party application,
CME EOS Trader or
CME Galax-C
® handhelds to access CME Globex markets.
CME anticipates CME Globex Trader will be decommissioned by the end of 2007. The
decommission timeline for CME Globex Trader follows:
| November 5, 2006 |
CME FX options removed |
| November 19, 2006 |
CME Equity options removed |
| December 4, 2006 |
CME Commodity options removed |
| Q2 2007 |
No new CME Globex Trader licenses issued |
| By December 31, 2007 |
CME Globex Trader Decommissioned |
More information on the CME Globex Trader decommission and the expansion of UDS options
functionality is available in the
CME Globex Trader Update
.
For more information about these trading applications, as well as links to solutions provided by
FCMs, IBs and ISVs, see
Access for Traders.
Developing a CME Globex Trading Application
To enable software vendors as well as customers to connect their own trading systems to CME
Globex for executing orders and receiving market data, CME provides CME Globex software interfaces,
as well as support and resources. To find out more about developing for CME Globex, please
see
Access for Developers.
|