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CME Globex Trader
®
CME Globex Trader is a CME-provided front-end trading application. The software is installed
on the user's own PC and connects directly or via the Internet to the CME Globex
® electronic trading platform.
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
.
CME Globex Trader > Internet
This option provides access to the CME electronic markets through the Internet via a secure
Virtual Private Network (VPN) connection from your preferred Internet Service Provider (ISP). For
additional information about VPN, please read the
VPN FAQ .
- Designed for subscribers who do not require a high-availability or a
fault-tolerant connection;
- Recommended for subscribers who wish to access CME electronic products from
home and who accept the responsibility for their local access and ISP connections; and,
- Cost-effective at $400 per month for the software application and VPN
software.
CME Globex Trader > Direct
This option provides direct access to the CME electronic markets through a frame relay data
connection between the customer site and CME.
- Designed for larger-volume traders and those requiring higher-speed
connectivity;
- An acceptable back-up to primary CME Globex access;
- Requires a CME-installed and -managed frame relay circuit;
- $200 per month software license fee, as well as a monthly network bandwidth
charge.
CME Globex Trader Online Training
CME offers online training for the CME Globex Trader application. With CME Globex Trader
Online Training, customers can learn to use the CME Globex Trader front-end system at their
convenience.
CME Globex Trader Registration
Your CME Globex Services representative will help you in your decision and submissions for
the following:
- CME Globex Trader software and hardware options;
- Network connectivity options; and,
- Clearing member guarantees and agreements.
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