This page contains information about CME MDP 3.0 SBE market data on CME Smart Stream on Google Cloud Platform (GCP). CME Smart Stream on GCP leverages Google Cloud Pub/Sub technology for market data distribution. For complete details regarding Google Cloud Pub/Sub please refer to Google Pub/Sub documentation.

Within CME Smart Stream, CME MDP refers to the CME Group Market Data Platform, which provides the complete array of CME Group market data. 

CME MDP 3.0 SBE is the CME Globex event-based bid, ask, trade and statistical market data format.

• Real-Time - Real-time market data via CME Globex

• Delayed (10 minute delay) - Allows customers to use CME Group data under delayed licensing terms. Traditionally, customers licensing delayed data had to self-manage the throttling of real-time feeds from exchanges per licensing policies. This cloud-based delivery mechanism provides customers with low cost, flexible and reliable access to data without the requirement to delay the content so they can focus on its use. Receipt of the data and licensing removes the requirement, complexity and cost of an intermediary service.

Contents

CME Smart Stream on GCP includes MDP 3.0 channels (CME, CBOT, COMEX, NYMEX, GME), Streamlined SBE channels, Data Insights and BrokerTec U.S. Treasuries as follows:

• Equity indices - S&P and Bloomberg

• Settlements and Valuations

• Block trades – GME

• OTC daily

• BrokerTec U.S. Treasury Market Data

The following table outlines all market data channels supported on CME Smart Stream on GCP.  

The following section outlines testing and certification for GCP.

Certification via AutoCert+ is required for all client systems that will support CME Smart Stream on GCP. The following market data offerings have separate test suites:

• Globex MDP 3.0

• Data Insights - Settlement and Valuations

• Streamlined - Block Trades

• Streamlined - OTC Daily

• Streamlined - CME CF Cryptocurrency Indices

• Streamlined - Equity Indices

• Streamlined - OTC Daily

• BrokerTec U.S. Treasury Data

The New Release test environment allows product and new functionality testing prior to release in production. Use the New Release environment to perform:

• New product testing

• Development testing on new functionality

• Certification testing on new functionality
  
  
  

This section lists current CME MDP 3.0, Streamlined, Data Insight BrokerTec U.S. Treasury market data processing concepts applicable to CME MDP on Google Cloud Pub/Sub. If you are new to CME MDP technology or wish to better understand how your current system aligns with cloud-based technology, CME Group recommends starting here. 

Clients planning to process CME MDP CME Globex market data on Google Cloud Pub/Sub should be familiar with the following CME MDP 3.0 concepts:

Simple Binary Encoding (SBE)

Trade Summary

Book Processing

Statistics

Message Specification

Clients planning to process Streamlined SBE on CME Smart Stream on GCP should be familiar with the following Streamlined SBE functional descriptions:

Equity Indices

OTC Daily

Block Trades

CME CF Cryptocurrency Indices

The message specifications for all streamlined systems are available here. 

Clients planning to process CME Data Insights Settlements and Valuations market data should be familiar with the functional specification available here. 

Clients planning to process BrokerTec U.S. Treasury market data on CME Smart Stream on GCP should be familiar with the functional specification available here.  

Market data services provide the external data required to process CME Group market data.

 There are two MDP services available for markets on CME Globex: Core Globex SBE Schema and CME Reference Data API. An FTP site is used to store the schema files for all environments.

CME provides an FTP (ftp://ftp.cmegroup.com) and SFTP (sftpng.cmegroup.com) site to disseminate MDP SBE schemas and market data configuration information. This FTP/SFTP site contains the Schema and Configuration files for all events. 

Information applies as follows in the table:

• Environment - specific environment (i.e., Certification, New Release, Production)

• Service - Core Globex SBE Schema

• FTP Site - address of the FTP/SFTP site

• Directory Location - identifies directory

• Client System Update Schedule - client systems should download updates according to schedule specified