Choosing a Trading Application

All ISVs listed below support iLink order routing and basic futures trading functionality.

The CME Globex platform is designed with open architecture that accommodates a wide variety of trading and market data interfaces. If you need a front-end trading system, you can:

  • Develop your own
  • License one from an independent software vendor (ISV)
  • Use an application provided by a broker, data center, proprietary trading group, trading arcade, or clearing firm

View All ISVs and Supported Functionality

Interested in Advanced Options Functionality? View the demos provided by our Options Technology ISV Partners.

If your company has developed a trading application and would like to discuss appearing on this page, please contact the Channel Partner Management at +1 312 634 8700 or GAM_CPM@CMEGROUP.com.

The CME Globex platform is designed with open architecture that accommodates a wide variety of trading and market data interfaces. If you need a front-end trading system, you can:

  • Develop your own
  • License one from an independent software vendor (ISV)
  • Use an application provided by a broker, data center, proprietary trading group, trading arcade, or clearing firm

 

The CME Globex Access Directory lists all the companies that provide trading and market data applications that are certified for compliance with CME Globex. These companies also are committed to keeping current with platform enhancements and changes to CME interfaces and functionality. Many also offer network access in addition to front-end trading applications.

The following Futures Commission Merchants (FCMs) and Introducing Brokers (IBs) provide front-end applications certified for trading on CME Globex.    

Trading on CME Globex gives you the flexibility, speed, transparency, access and liquidity you need to get the highest possible return from your trading. We offer CME Direct as an electronic trading solution.

CME Direct

Delivered securely across the internet, CME Direct provides access to CME futures and OTC markets. All trades, voice or electronic, are processed electronically and can be made available for straight-through-processing (STP) through CME ConfirmHub directly to your desktop or into your risk system, further reducing operational overhead and potentially costly mistakes. Online trade verification and trade recaps across trading venues eliminate manual trade checkouts, saving time and effort. 

Key Functions:

  • Online trading of CME futures, including all NYMEX benchmarks
  • Electronic trading of OTC markets, supported by selected, independent brokers
  • Support for hybrid, broker-assisted trading combines the convenience of online execution with the benefits of voice brokerage
  • Fully customizable instant messenger platform, CME Direct Messenger for your trading and communication needs

Trading Options on Globex gives you the flexibility, speed, transparency, access and liquidity you need to get the highest possible return from your trading.

The Globex platform is designed with open architecture that accommodates a wide variety of trading and market data interfaces. If you are looking for a front-end trading system, specifically with advanced options functionality, one of the following providers can assist you. The ISVs listed below have developed and certified to CME Group’s advanced options functionality and all their systems offer the ability to:

  • Submit and view RFQs in any CME Group asset class
  • Trade outrights and complex spreads
  • View, trade and create user-defined spreads
  • View, trade and create delta-neutral spreads

CME Group Options Technology Partners and Demos

If you're interested in learning more about trading electronic options, we invite you to view a series of webinars and demos brought to you directly from our Options Technology Partners. The webinars and demos highlight the ISV, their advanced options capabilities and more. Simply click on a screen shot below to view the demo.

Additional demos from our other Options Technology Partners are coming soon.

Company CME Clearing Services Partner OTC Submission
Direct Connectivity
OTC Submission
Connected via 3rd Party Vendor
Form of Execution Anonymous Execution Allocations of Block Transactions CME Swap Data Repository (SDR) Submission Integrated Globex Access Clearport Blocks & EFPs Relative Value Assessment Hedge Construction
AGs CDS IRS Energy FX
The Beast Apps LLC
[Contact]
[Website]
          CDS, IRS         Interest Rates, Weather   Invoice spread trading, OTC swaps vs. Eurodollar Futures, Swap Spreads vs. TED Spreads Calculate OTC vs. futures hedge ratios and contract amounts
Bloomberg
[Contact]
[Website]
      Affirmation, Confirmation       Agriculture, Energy, Equity Indices, Interest Rates, FX (via Bloomberg Tradebook)   Invoice Swap Pricing Analytic Calculate and execute Eurodollar strip hedges for OTC swaps
CapitalStar Systems, LLC
[Contact]
[Website]
            RFQ         Energy Futures Automated OTC RFQ using CME Group futures price ranges Calculate option hedges using CME Group listed products
ClearPort [Contact]
[Overview]
      Affirmation     Ag Futures, Energy Futures, FX Futures, Interest Rate Futures    
ConfirmHub           Confirmation              
ICAP IGDL SEF and ICAP SEF (US)
[Contact]
[Overview]
[Website]
        CDS, IRS CLOB, RFQ and Voice RFQ   Futures blocks, EFPs    
Javelin Capital Markets
[Contact]
[Website]
                     
MarketAxess
[Contact]
[Overview]
[Website]
        CDS Affirmation, CLOB, RFS, RFQ, Other   Credit   SEF enables participants to sort, view and execute CDS products by market segment. Customiazable display windows allow for full pre-trade transparency. Partcipants can utilize CME Group's proprietary margin calculator for real-time analysis on eligible CDS products either at a position or portfolio level.
QTXSystems
[Contact]
[Website]
          FX Affirmation, Confirmation, CLOB Treasury Futures, Eurodollar Futures, Energy, Equity Indices, FX, Agriculture Futures blocks, EFPs Fair value pricing bonds, interest rates, options, cds, cdx, interest rate options. Platform calculates greeks, VAR and stress scenarios. Hedge Construction: Available for swap vs futures, treasuries. Curve and vol strategy hedges.  
Sky Road
[Contact]
[Website]
            IRS         Treasury Futures, Eurodollar Futures     Calculate portfolio hedges using CME Eurodollars
SwapEx, LLC, State Street Bank
[Contact]
[Website]
                         
SwapsHub
[Contact]
[Overview]
[Website]
            CLOB, RFS, RFQ   Treasury Futures, Eurodollar Futures, Deliverable Swaps   Cloud based Initial Margin for OTC Swaps and CME IR Futures across multiple FCMs. Yield curve based hedges (DV01/delta, gamma) and mapped hedges with CME ED Futures.
TeraExchange
[Contact]
[Overview]
[Website]
    CLOB, Other Treasury Futures, Eurodollar Futures, Energy, Equity Indices, FX, Agriculture   Market participants can basis trade OTC Swaps vs. CME Futures, leveraging over 120 indicators. Tera Spread Monitor allows instruments to be grouped and analyzed. Auto hedge functionality with a pre-exisiting library to create rules based execution events. Market participants can basis trade IMM, Invoice, Spot and Forward Starting OTC Swaps vs. CME Futures.
Tradeweb Markets
[Contact]
[Website]
        CDS, IRS                
Tradition SEF, Inc.
[Contact]
[Website]
          CLOB, Voice RFQ Swaps   Not directly, however, our electronic IRS Central Limit Order Book pricing could be used to show RV against CME listed Futures. Spread Over Treasury Market (IRS) .. Treasury price calculated as a Ref price for bilateral exchange between counterparties to a trade.
Traiana
[Contact]
[Overview]
[Website]
        Affirmation          
TrueEX LLC
[Contact]
[Website]
        IRS              
Tullett Prebon
[Contact]
[Overview]
[Website]
          CDS, IRS CLOB, Voice RFQ   Energy Energy