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CME Lowers Access Fees For GLOBEX®2 Network Connections, Offers Additional Connectivity Options For European Customers

Date 28/09/2001

Chicago Mercantile Exchange Inc. (CME) will lower monthly access fees for direct network connections to its GLOBEX®2 electronic trading system, effective Oct. 1, 2001. CME will also offer additional higher-bandwidth connections to its customers based in Europe.

GLOBEX2 users who connect to the network off CME's trading floors are able to select the bandwidth they desire, paying fees commensurate with the size of their connection.

The fee structure effective Oct. 1, 2001, is as follows:

  • Bandwidth: 56K, United States:$1,000, Percent Reduction, -, Europe*: N/A, Percent Reduction: -
  • Bandwidth: 128K, United States:$1,250, Percent Reduction, -, Europe*: $1,250, Percent Reduction: -65%
  • Bandwidth: 256K, United States:$2,000, Percent Reduction, -, Europe*: 2,000, Percent Reduction: -50%
  • Bandwidth: 384K, United States:$N/A, Percent Reduction, -, Europe*: 2,800, Percent Reduction: New
  • Bandwidth: 512K, United States:$2,500, Percent Reduction, -17%, Europe*: 3,600, Percent Reduction: New
  • Bandwidth: T1, United States:$3,500, Percent Reduction, -30%, Europe*: Percent Reduction: N/A, -
*Prices listed for Europe are based on connections from London. Contact CME for prices from other locations.

Chicago Mercantile Exchange Inc. (www.cme.com) is an international marketplace that brings together buyers and sellers on its trading floors and GLOBEX®2 around-the-clock electronic trading system. CME offers futures contracts and options on futures primarily in four product areas: interest rates, stock indexes, foreign exchange and commodities. The exchange moves about $1.5 billion per day in settlement payments and manages $28.4 billion in collateral deposits.