CME
CME-Provided Trading Applications

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.