About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Blogs

CME’s Aurora Co-Lo: Quick Facts

Subscribe to our newsletter

The Chicago Mercantile Exchange opened its new data centre – housing the Globex matching engine – in August, 2010. Now it’s planning to add co-location services, beginning January 29, 2012. Here’s some more information …

– The data centre is located in Aurora, IL – 40 miles west of the city.

– It is a 428,000+ square foot facility (by comparison, NYSE Euronext’s Mahwah liquidity centre is 400,000 square feet), with two 138,000 volt power sources.  92 megawatts of redundant power is available.

– Low-latency connectivity to Globex is via the internal GLink network, with all connections equidistant to provide equality of access.

– GLink is available at 1 and 10 gigabit per second connections, though inbound rate for both is limited to 1 gigabit.

– Cross connects (between trading firms and third party vendors) within the facility are allowed, and access to GPS antena for latency monitoring/time synchronisation are available.

– Some suggest that pricing will be between $15,000 and $19,000 per month for a 52U rack. Plus a $10,000 deposit per rack.

– Bulk Transport is the name given to a fibre optic connection back to the old matching and co-lo centre at 350 East Cermak Street in Chicago proper. Intercontinental Exchange is there, as is Equinix’s data centre and Telx.

– A number of third party connectivity providers are expected to connect into Aurora. The current approved list of providers comprises: AboveNet, AT&T, Hudson Fibre Network, Level 3 Communications, NTT Communications, Sidera Networks and Verizon.

– Not on the CME’s list today, Anova Technologies’ CEO Mike Persico says the company plans to provide the fastest route between Aurora and 350 East Cermak.

– Spread Networks, which operates the fastest network between 350 East Cermak and various endpoints in the NYC metro region has already stated it does not plan to link directly into Aurora.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to move to a modern, component based trading architecture using a Buy AND Build approach

To remain competitive in today’s electronic markets, firms need trading architectures that support rapid innovation, effortless integration of new capabilities, and the agility to respond to shifting market demands. This is prompting technology leaders to move beyond the traditional “Buy vs. Build” debate, a false dichotomy that oversimplifies the choice between generic, off-the-shelf platforms and...

BLOG

Nasdaq Continues to Build Out Always-On Market Infrastructure with LeveL Markets Acquisition

Nasdaq has agreed to acquire LeveL Markets, operator of one of the largest alternative trading systems (ATSs) for US equities, as part of a broader strategy to build infrastructure for increasingly continuous markets, spanning traditional exchanges, alternative liquidity venues and emerging digital and tokenised assets. The acquisition, announced this week, will bring LeveL’s institutional execution...

EVENT

RegTech Summit New York

Now in its 10th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

The Reference Data Utility Handbook

The potential of a reference data utility model has been discussed for many years, and while early implementations failed to gain traction, the model has now come of age as financial institutions look for new data management models that can solve the challenges of operational cost reduction, improved data quality and regulatory compliance. The multi-tenanted...