Tom Regent, president, Global Banking & Financial Markets, BT Global Services
"The derivatives market and the foreign exchange market are truly global and investors increasingly want to access the major trading platforms."
BT has signed an agreement with CME Group, the derivatives marketplaces, to enable the BT Radianz Cloud community access to CME Group's trading and market data services. In addition, the BT Radianz Cloud platform has been extended into CME Group's data center in Aurora, Illinois, where BT can also now deliver BT Radianz managed hosting services.
The new agreement builds upon an existing relationship that has provided members of the BT Radianz Cloud community with access to CME Group markets via connectivity in E. Cermak Road, Chicago since 2006.
Members and customers of CME Group will have managed access to CME Group's Market Data Platform (MDP) that provides data for its futures and options market, as well as third-party real-time data from Dubai Mercantile Exchange (DME), Standard & Poor's (S&P) Cash Indices, Minneapolis Grain Exchange (MGEX), BM&F Bovespa (BM&F) and Korea Exchange (KRX).
BT Radianz services now also provide access to CME Group's Globex order entry platform, CME Direct in Europe, and access to CME Group's exchanges which include Chicago Mercantile Exchange (CME), Chicago Board of Trade (CBOT), New York Mercantile Exchange (NYMEX), Commodity Exchange Inc. (COMEX) and Kansas City Board of Trade (KCBOT).
Tom Regent, president, global banking & financial markets, BT Global Services, said: "The derivatives market and the foreign exchange market are truly global and investors increasingly want to access the major trading platforms wherever they are in the world. The addition of these CME Group services to the BT Radianz Cloud is a major step for us and reinforces our commitment to supporting the many thousands of financial institutions that rely on BT services."