CME Readies RLC-FAST Feed Cutover

Most firms that subscribe to the exchange's feed-which includes data from the Chicago Board of Trade, New York Mercantile Exchange and Kansas City Board of Trade-have migrated to the new format, with the remainder facing the prospect of penalty fees introduced last month to encourage them to migrate by Dec. 26.

The fees increase as the deadline approaches, and were introduced-and back-dated-from Nov. 16. If by that date a firm had not migrated, CME would charge them $2,000 per week in October for