The following is from CME Group...
CHICAGO, October 10, 2011 – CME Group, the world’s leading and most diverse derivatives marketplace, today announced CME Co-Location Services, comprised of hosting, connectivity and support services, will officially launch for trading on Sunday, January 29, 2012. The co-location service allows for the lowest latency connectivity possible for trading all products on the CME Globex platform.
“We offer a number of ways for our customers around the world to connect to CME Globex as we strive to provide them with the highest reliability and lowest latency possible,” said Bryan Durkin, Chief Operating Officer for CME Group. “Our new CME Co-Location Services provide fair and equal access by offering all customers equal pricing, the same terms and conditions, as well as equal lengths of fiber between customer cabinets and the CME Globex platform or connections to carriers. To date, we have seen a higher than expected customer demand for our new service."
CME Co-Location Services will run out of the company’s data center in the Chicago suburbs and include the following:
- Licensed Space: A dedicated cabinet or dedicated cage environment, to contain customer equipment within the co-location facility.
- Power: Two tiers of maximum power capacity per licensed cabinet space, 8.5 kW or 17 kW.
- Connectivity Services: Provides location neutrality within the facility by utilizing equidistant cross connects. The facility has a carrier-neutral, open access telecommunications policy that provides for flexibility in architecture and choice of carriers.
- Data Center Environmentals: A specialized, controlled environment for hosting customer trading infrastructure supported by a Service Level Agreement.