New CME Globex Platform Now Live, With a New Matching Engine, Interfaces Coming
As Ari Studnitzer, managing director of CME's enterprise architecture, puts it, this release was like trying to build a new type of plane while it was flying. About a year ago the Chicago-based exchange began looking at its systems and found that customers wanted greater predictability of order latency.
"The goal was not low latency ─ it was low variability. At the end of the day, low latency is just an outcome of low variability," he says.
In late August the exchange began migrating its
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