CASE STUDY
CME Group and Google Cloud: Transforming the derivatives market
10x
Cost efficiency in data delivery via Google Cloud
20+
Global locations enable low-latency market data access
10,000
Subscribers supported per stream
< 20
Seconds to access a full day’s market history
Overview
CME Group recognized the growing demand for real-time, reliable, and low-latency market data delivery to a global customer base. Traditional, on-premises infrastructure limited scalability, slowed innovation, and created challenges in data accessibility across regions. To meet modern demands—especially for firms relying on algorithmic trading and analytics—CME Group transformed its data delivery strategy through a partnership with Google Cloud.
The Challenge
CME Group faced several critical challenges:
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Scaling data delivery across geographies without increasing infrastructure burden.
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Reducing latency to support algorithmic and high-frequency trading strategies.
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Improving accessibility to both real-time and historical data for a global client base.
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Ensuring data resiliency and security while accelerating innovation.
The Solution
CME Group launched the Cloud Market Data Platform (Cloud MDP) powered by Google Cloud, offering:
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Real-time and historical market data from a unified cloud-native solution.
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Global, low-latency access leveraging Google Cloud’s infrastructure.
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Streaming API that delivers multicast-like market data in a scalable cloud format.
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Ease of integration, allowing clients to connect using familiar cloud-native tools and developer-friendly interfaces.
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Improved resilience and security, with encryption and controls aligned with financial industry standards.
Summary
By moving its market data infrastructure to the cloud, CME Group unlocked new levels of scalability, agility, and reach. The Cloud MDP enables financial institutions to build, test, and deploy trading systems faster—without the need for costly infrastructure. It modernizes access to mission-critical data and supports next-gen market participants who demand low-latency, real-time data feeds for smarter trading decisions.
Type
B2B
Industry
Financial Services / Market Infrastructure / Exchange Technology
Headquarters
Chicago, Illinois, USA
About CME Group
CME Group is the world’s leading derivatives marketplace, offering trading in futures, options, and other financial instruments across major asset classes. It provides institutional and professional traders with benchmark pricing, liquidity, and market data critical for global financial markets.