CMS WebView plc (CMS), a provider of software systems for real-time financial data distribution and management, says the market data feed it built for the Chicago Board of Trade (CBOT) has gone live.
The new market data feed provides the CBOT’s customers with access to real-time information about the financial products traded, such as prices and volumes. CMS announced that it had won the contract to develop the CBOT’s market data feed in April.
The TDI market data feed software application collects, processes and prepares for distribution, real-time market information from all data sources within the Exchange. This includes the new LIFE CONNECT electronic trading platform.
“CMS is pleased to provide the Chicago Board of Trade with TDI(tm) software. The migration process has gone extremely well, as both organisations have worked hard to make this launch a success,” says Bob Antell, Chief Executive of CMS.
Versions of the software have already been installed at organisations including the London Metal Exchange and the Chicago Mercantile Exchange.
CBOT Vice President of Market Data Products, Steve Dickey, added: “We’re very pleased with the performance of TDI. Our customers are already reaping the benefits of the new market data feed, which has an enhanced level of functionality and improved speed of delivery. I want to thank the staff members of the CBOT and CMS who worked intensely for some months to deliver the new market data feed in conjunction with the launch of the Exchange’s new electronic trading platform.”