Google and CME Group partner to develop a cloud-computing network in Aurora, IL, for modernizing futures and options trading.

Google and CME Group are partnering to develop a cloud-computing network in Aurora, Illinois, to transition CME's futures and options trading into a modern, cloud-based environment. The venture is part of a 10-year alliance, initiated in 2021, which includes Google's $1 billion equity investment in CME. The new facility aims to enhance trading speeds, efficiency, and data analytics for market participants.

June 26, 2024
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