CME Sets June 15 Start for Globex Google Cloud Migration Testing

CME Group said in its June 1 Globex notice that listed derivatives on CME Globex will migrate to Google’s Ultra Low Latency solution, with the first Sandbox-Dallas environment opening on June 15.

The initial test window will cover Market Segment 68, which includes CME and CBOT equity futures excluding E-mini S&P, along with Market Data Platform channels 318 for CME Equity Futures and 342 for CBOT Equity Index Futures. CME said the environment is intended to let clients validate connectivity and cloud plans before later production moves.

The notice says the new ultra-low-latency zones will support multiple co-location choices: familiar co-location, self-managed infrastructure in the co-location facility, Google Cloud’s specialized infrastructure-as-a-service offering, or a combination of those models. CME also said livestock futures and options will migrate to a Production-Dallas environment in the fourth quarter of 2026 before moving to a private Google Cloud Chicago region in the second half of 2028.

Why it matters

For active futures traders, exchange infrastructure affects latency, resiliency, market-data recovery and order-routing architecture. Brokers, ISVs and proprietary trading firms will need to test connectivity, firewall policies, market data handling and failover assumptions as the roadmap moves from sandbox to production.

What to watch next

CME said IPs for the new gateways, MDP channels and the remaining in-scope market-segment schedule will come in a future Globex notice. Traders using API or low-latency execution should watch their broker and platform providers for readiness updates.