When fully implemented, the new service will automate the process of providing CME time and sales, end-of-day and spread data as far back as 25 years. Initially, CME E-history will cover time and sales data from 1992 to the present, although the other data can be obtained by request. CME E-history users define the data type, contract, duration, format and delivery method of their choice. Data will be delivered via e-mail or CD-ROM. Traders then can feed the data into their proprietary trading engines to perform their own studies and analyses.
CME E-history also allows users to request historical data once and receive it automatically based upon a user-defined frequency. Prices on data will vary depending on the extent of the information requested. CME will offer monthly, weekly and daily pricing packages, as well as discounts for annual orders.
"Customers will now be able to receive 25 years of CME historical price data straight from the source - Chicago Mercantile Exchange," said Chairman Terry Duffy. "Offering this service online will enable us to shorten the turnaround time required to obtain long-term historical data from CME, and complements the CME E-quotes service we introduced last March."
"Our Web site will continue to provide daily historical reports and FTP downloadable files," said President and CEO Jim McNulty. "By offering a combination of short-term and long-term online historical data services, we can better provide our customers with volume data for risk management analytics and decision support."
CME will answer questions about its new E-history service Aug. 9 to Aug. 11 at its booth at the Online Trading Expo in Anaheim, Calif.
Chicago Mercantile Exchange Inc. (www.cme.com) is the largest futures exchange in the United States and the second largest exchange in the world for the trading of futures and options on futures. As an international marketplace, CME brings together buyers and sellers on its trading floors and GLOBEX® around-the-clock electronic trading platform. CME offers futures and options on futures primarily in four product areas: interest rates, stock indexes, foreign exchange and commodities. The exchange moves about $1.6 billion per day in settlement payments and manages $27.4 billion in collateral deposits. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc.
