CME to repackage market data to include depth of market info

Source: Chciago Mercantile Exchange

CME, the world's largest and most diverse financial exchange, announced today that beginning January 1, 2007, all distribution of CME market data will be repackaged to include market depth data.

Offered as an upgrade option today, all CME Market Data packages will encompass Top 5 Book data, which includes top five price levels of bids and offers for any electronically-traded CME futures product. The expanded data set offered in each package will provide CME data subscribers a deeper view of the market, including price, volume and liquidity.
As part of the expansion in each data package offering the fee schedule will change as follows:
  • CME Base Access Fee/Device, which includes pit-traded contracts and CME Globex® traded contracts will increase to $50 from $40 per month. This product will now include both Level I Top of Book (Best Bid/Offer) and Level II Depth (Book).
  • CME Globex-only package fees will increase to $35 from $25 per month. This product will now include both Level I Top of Book (Best Bid/Offer) and Level II Depth (Book).
  • CME E-Mini-only package fees will increase to $25 from $20 per month. This product will now include both Level I Top of Book (Best Bid/Offer) and Level II Depth (Book).
  • Due to the upcoming product expansions in 2007 listed above the stand-alone Level II products, CME Globex Level II ($25/mo. add-on) and CME E-Mini Level II ($10/mo. add-on), will both be eliminated next year, resulting in an overall cost savings for those customers paying for add-on services.


In 2005, CME introduced its new Market Data Platform (MDP) to all customers connecting directly to the exchange for market data. MDP is a multicast distribution platform that is helping CME customers achieve greater bandwidth savings in market data message processing. In most cases, because of CME's investments in technology, customers have achieved a 50 percent savings in bandwidth utilization.

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