CME will demonstrate its new CME E-quotes at the International Online Trading Expo in New York on Feb. 17, offering attendees the opportunity to register to win two free months of CME E-quotes market data. Beginning Feb. 15, individuals can view a Flash demo of sample data on CME's Web site at www.cme.com.
"For the first time, customers will be able to receive CME market data straight from the source-Chicago Mercantile Exchange," said CME Chairman Scott Gordon, "and by offering a combination of market data, news and charting capabilities at a reasonable price, we hope to provide services that customers can put to use in their online trading."
"CME market data will be delivered directly over the Internet, without the need for any software besides a browser," said President and CEO Jim McNulty. "Users will have the flexibility to customize the market data and other services they want, while keeping a portal open to their futures broker or other sites."
In addition to the CME market data, users may purchase additional charting services from FutureSource and news services from OsterDowJones Commodity News. The technology behind CME E-quotes has been provided by Caplin, the originator of RTTP™-Real Time Text Protocol-which enables distribution of streaming market data via the Internet.
The services will appear in the browser in a professional-trader type of window, which can be customized by the user, who can decide which contracts to watch, how much space to allocate for charting and whether to view headline news only or to click on a headline and view the full story. Because the service is browser-based, subscribers will be able to access the service from anywhere in the world that they have an Internet connection and Web browser.
Subscriptions to the service will be available via a secure link to www.cme.com, and payment may be made by all major credit cards. E-mini equity packages, including quotes and charts, are available for as low as $30 per month.
Chicago Mercantile Exchange Inc. (www.cme.com) is the largest futures exchange in the United States. 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 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 $28.2 billion in collateral deposits. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc.
Founded in 1995, Caplin, formerly Citynet, is the originator of RTTP™ - Real Time Text Protocol - which enables organizations to distribute streaming market data via the Internet. RTTP makes Web pages live without resorting to third-party applications. Caplin's technology extracts, organizes, manages and publishes real-time market data, and offers content providers tools to deliver live prices, research, news or commentary to end-users via standard Web browsers. Over 200 high profile international organizations including publishing companies, information providers, investment banks and exchanges use Caplin's data distribution technology to leverage the benefits of the Web.
OsterDowJones Commodity News provides real-time comprehensive coverage of the world's physical and futures commodities markets. The ODJ service includes more than 2,400 market reports, news stories and statistical tables produced by about 100 full and part-time reporters, editors, meteorologists and data specialists in 25 countries. ODJ staff covers grains, oilseeds, coffee, cocoa, sugar, citrus, livestock and meat, cotton, lumber, pulp and paper, metals and energy markets, plus global shipping and weather events. ODJ news is available on over 150,000 desktop market data terminals and Web sites around the world. ODJ Commodity News is the result of a joint venture between Oster Communications' Futures World News and Dow Jones Newswires' Commodities Service.
FutureSource provides institutional traders and individual brokers and risk managers with comprehensive futures and options data, news, and analysis tools through a series of networked, stand-alone, and Internet delivery strategies and software applications. FutureSource has corporate offices in Lombard, Illinois, with sales offices in Chicago, New York, Houston, Miami, Los Angeles, London, Sydney and Sao Paulo, along with reseller offices that combine to serve 21 countries.
