CME Group Direct Access

EPAM provides pre-certified solutions for direct access to CME Group Inc. CME MDP 3.0 iLink™ Order Entry, CME Cleared Trades, CME ConfirmHub, CME STP and CME ClearPort.

 

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B2BITS Market Data Adaptor provides support for MDP 3.0 interface.

CME MDP 3.0 Market Data Adaptor allows maintaining subscription to one or multiple instruments and supports all features of CME market data channels (including recovery) with latency under 2 microseconds.

  • Maintains connections to the CME Market Data feeds via UDP (Snapshots feed, Security Definitions feed, Incremental Updates feed) and to CME TCP replay channels
  • Hides FAST/SBE details from user, automatically applies FAST and SBE decoding
  • Provides ability to load CME configuration file to use connection parameters and FAST/SBE template file to adjust FAST/SBE decoder accordingly
  • Automatically builds and updates order books from market data snapshot and incremental messages
  • Provides ability to add/delete fields and/or messages, change attributes
  • Provides C++/ .NET/ Java API to subscribe/unsubscribe by symbol, to receive security definitions, snapshots, increments, news, and security statuses via call-backs;
  • Provides ability to customize logic on the low level to define custom recovery strategy

FIX Antenna® library and FIXEdge® application server are designed and preconfigured to fully support CME iLink™ Order Entry interface for routing orders, receiving order and fill confirmations, have the following features:

  • Supports all requirements of CME iLink™ Order Entry interface including the following ones:
    • week long session support and audit;
    • access to all market segments
    • Route-Through functionality
    • changes for New iLink Architecture including MSGW
  • Supplied as library (.dll/.so) with user-friendly intuitive ANSI C++ / .NET / Java public interface or as standalone application
  • High performance/Low latency: in C++ implementation deliveries over 60,000 messages per second on a single CPU and adds up to 16 microseconds' latency on 100 Mbps network with persistence and 6microseconds' latency on 100 Mbps network without persistence.

Addressing industry need in automated solutions for post-trade data processing, B2BITS equipped its  FIX Trade Capture solution (FIXTCap)* with adaptors with direct access to the following CME interfaces: 

The solution is designed to support all specifics of CME interfaces delivering post-trade data simplifying process of capturing trades.

Key Features:

  • Support for CME cleared and bilateral trades across all asset classes traded at the following CME divisions:
    • CME, NYMEX, COMEX and CBOT Trading Floors
    • CME ClearPort (CPC) 
    • CME Globex (CME, CBOT, NYMEX, COMEX, DME) 
    • CDS via CMD (CMD)
    • CME Clearing Europe (CEE)
  • Support for the following user roles: 
    • Trading Firms / Asset Managers / Brokerage Firms
  • Completely encapsulated and hidden from the client connectivity specifics 
  • Fully-automated or semi-automated* subscription with maintained status
  • On-the-fly CME FIXML / XML ↔ FIX 4.4 conversion via flexible, easy to configure and maintain xsl-based data mapping
  • Multiple ways for integration with End-user back-office or 3rd party ETRM system via:
    • FIX 4.4 Interface 
    • various middleware: database, TIB, MQ, JMS and others supported by FIXEdge
  • On-demand recovery tool to prevent trades loss in case of failure
  • FIXEdge features inheritance, allowing seamless integration with internal Client's systems via ODBC, TIB, MQ, JMS and other middleware. 

For Users searching for small lightweight solutions, Database loaders for CME Post-trading data are available. These tools are  pre-built for MS SQL/Oracle databases, automated, standalone applications consuming trades from CME ClearedTrades, ClearPort (brokers-specific) or STP APIs.

* Note: Semi-automated subscription assumes subscription request submitted via FIX session 

CME ClearPort Engine is a FIX Antenna® based solution allowing its users not only to report trades for CME, CBOT, NYMEX, COMEX and DME products to CME ClearPort via FIXML 5.0 SP2, but also request a list and details of tradable securities, as well as entity reference data.

  • HTTPS support, encapsulation and masking of the connectivity specifics.
  • Fully supports workflow defined by CME ClearPort
  • High Performance/Low latency support (inherited from FIX Antenna)
  • User-friendly intuitive public .NET interface

All solutions described above are equipped with rich UI simplifying configuration and maintenance of chosen solution, as well as allowing monitoring session statuses and parameters in real-time.

The deployment of this solution will provide the following benefits:

  • Pre-certified with CME Group Inc.
  • Quick start and benchmark samples assuring prompt familiarizing with the software
  • Re-use of a proven and certified technology with direct market access
  • Reduced time to market and cost of implementation & operation
  • Lower technical risk for support and maintenance
  • 24x7 support provided worldwide
  • Availability of having solution customized to end-user specifics and requirements
  • Availability of "on-demand" software escrow