CME Upgrade Targets Latency Variation

Ari Studnitzer, managing director of enterprise architecture, CME

CME Group is rolling out a new infrastructure and order gateways, dubbed CME Globex Performance Release, to increase traders’ confidence in trade execution by reducing the variability and unpredictability of latency figures between order handling and publication of trade data.

The exchange will migrate products from its legacy infrastructure to the new release over the course of seven weekends—a process that started at the end of August with its core trading engines, which were completely switch