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

A-Team Insight Blogs

CME Group Selects Google Cloud Platform for Real-Time Market Data

Subscribe to our newsletter

CME Group has joined the crowd on the cloud, but has selected the Google Cloud Platform (GCP) to offer real-time futures and options market data, rather than the usual choice of vendors in capital markets, Amazon Web Services (AWS).

The collaboration between CME Group and Google Cloud will go live on November 17, 2019 and provide access through an internet connection through the Google Cloud global network to all real-time CME Group data available, including CME Globex market data and third-party data sources. The group’s data platform on GCP uses the Google Cloud Pub/Sub Service, a fully-managed, real-time messaging service.

Trey Berre, CME Group global head of data services, says: “Our clients around the world are looking for quality real-time data in the cloud. Collaboration with Google Cloud will not only make it easier for clients to access the data they need, but also make it easier to integrate our market data into cloud-based technologies.”

For Google, this has to be a good deal as it tries to push further into the cloud financial services sector dominated by AWS and, to a much lesser extent, Microsoft Azure.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The emerging structure of the institutional digital assets market

As interest in trading digital assets continues to increase among institutional investors, so too does the need to focus on market structure, regulation and trading solutions. For financial institutions that get it right the rewards will be significant, but it is not necessarily easy and the challenges are many. This webinar will consider how digital...

BLOG

Exegy Enhances Liquidity Lamp with Intraday Iceberg Order Signals

Exegy, the market data and trading technology solutions provider, has enhanced its AI-driven iceberg order detection tool, Liquidity Lamp, with the addition of intraday signals that provide quantitative traders with additional insights into iceberg order volumes. The new intraday version of Liquidity Lamp, which filters out the ‘noise’ typically associated with retail and high-frequency trading...

EVENT

TradingTech Summit London

Now in its 13th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Solvency II Data Management Handbook

Want to get a handle on Solvency II and what it means for data management? Need to make sure you have all the bases covered for the looming January 2016 deadline? Our Solvency II Data Management Handbook is now available for free download to help you. This Handbook is the ultimate guide to all things...