CME issues updates regarding CME Globex Migration to Google Cloud
As CME Group accelerates the transition of CME Globex to Google Cloud, it has provided substantive updates to its roadmap and technical requirements.
Google is extending an exclusive invitation to CME Group clients to join a testing program in the Dallas region starting in July 2026. Participants in this program will have the opportunity to evaluate hardware accelerators for inference in low-latency trading. This will allow customers to experience Google’s vertically integrated, purpose built AI stack alongside the Ultra Low Latency Solution and Globex. Google Cloud will feature TPU capacity within close proximity to the CME Globex matching engines in the Dallas region.
Your participation will inform the optimal infrastructure deployment for the Chicago region. Reservations for hardware accelerators are available now for evaluation starting July 2026.
Availability is limited and first-come, first-serve. Contact your Google Cloud account representative immediately or email exchanges@google.com to reserve your spot and evaluate state of the art machine accelerators with the ULL Solution and Globex.
To provide clients with a real-world Production environment on Google Cloud prior to the Chicago region launch, Livestock futures and options will migrate to a new Production environment in the private zones of the Dallas region in Q4 2026. In the second half of 2028, Livestock futures and options will migrate to the Production-Chicago environment, in the private Google Cloud Chicago region.
GLink ULL-Dallas and the U4C Bare Metal instances will be the lowest-latency access method available for the environments hosted in the Dallas region.
CME Globex Production markets will begin migrating to the new Google Cloud Chicago Region in late 2027.
CME Group is committed to continuing to offer physical co-location market access to the Chicago region.
Throughout the migration of markets to Google Cloud, the current GLink Aurora co-location offering will continue as the only physical co-location service.
GLink Aurora will continue to offer the most performant access to markets hosted in the Chicago region through the end of the market migrations in 2028.
CME Group is currently evaluating the Customer Hardware Co-location (CHC) offering to ensure its infrastructure aligns with evolving market requirements and client demand. A definitive decision regarding the physical co-location site will be announced no later than the end of 2028.
After the Globex migration to the Chicago region is complete, GLink ULL-Chicago and the U4C Bare Metal instances in the Chicago region will be competitive with physical co-location (GLink in Aurora and/or CHC) for clients who use traditional compute.
The Sandbox-Dallas environment opens in June. This is a critical early-access window for clients to validate their cloud journey and connectivity solutions.
CME Group is offering a Pilot Program for clients who achieve specific technical milestones. The first 50 participants to complete each obligation by the deadline and submit proof will earn a stipend. Details on this program are available in the CME Globex Sandbox-Dallas Pilot Program Agreement.
Information on compute pricing for U4C Bare Metal and U4S Virtual Machine instances is available now from Google Cloud’s Field Sales Representatives (FSR). To support the migration and the testing of U4 machines specifically, Google Cloud customers may opt into a Google Cloud incentive program that provides up to $30,000 in credits for U4 compute usage. More information on this program is available from your FSR or contact exchanges@google.com.
