CME Group Announces Cloud Migration Milestones

The revised migration path removes the need to relocate livestock markets temporarily to Dallas.

Rhea-AI Summary

CME Group (CME) has completed initial performance testing for CME Globex in the cloud as its market migration advances. Testing delivered faster trading round-trip times. Construction of the Aurora Cloud Region and co-location facility, which will host Google Cloud's specialized trading platform, is ahead of schedule.

Aurora is targeted to be available for client testing in mid-2027; the Dallas disaster recovery facility has been open for testing since June 2026. Livestock markets will migrate from the new Aurora Cloud Region in late 2027, eliminating the need for an interim Dallas relocation. CME Group plans client access to Google Cloud-managed services and co-location capabilities in Aurora in late 2027.

Positive

• Minor pointInitial CME Globex cloud performance testing completed, advancing the market migration.
• Minor pointAurora Cloud Region and co-location construction is ahead of schedule.
• Minor point. Forward-looking: it has not happened yet and may not happen.Aurora client testing is targeted for mid-2027.
• Minor pointDallas disaster recovery facility has been open for testing since June 2026.
• Minor point. Forward-looking: it has not happened yet and may not happen.Livestock market migration will take place from Aurora in late 2027, without interim Dallas relocation.
• Minor point. Forward-looking: it has not happened yet and may not happen.Google Cloud-managed services and co-location access in Aurora are planned for clients in late 2027.

Negative

• None.

Key Figures

Aurora client testing: mid-2027 Livestock market cloud migration: late 2027 Dallas facility testing: since June 2026

Aurora client testing

mid-2027

Targeted availability for client testing at the Aurora Cloud Region and co-location facility

Livestock market cloud migration

late 2027

Migration planned from the new Aurora Cloud Region

Dallas facility testing

since June 2026

Disaster recovery facility open for testing

Key Terms

co-location, disaster recovery, ultra-low latency

3 terms

co-location technical

"Ahead-of-schedule construction of the Aurora Cloud Region and co-location facility."

Co-location is when a trading firm places its computer servers in the same physical data center as an exchange’s matching engine so its orders travel a much shorter distance and face far less delay. For investors, that speed advantage can mean faster trade execution and slightly better prices for firms with co-located systems, which can influence market liquidity, short-term price moves and the fairness of competition among traders.

View in glossary

disaster recovery technical

"in addition to the Dallas disaster recovery facility that has been open for testing since June 2026."

A plan and set of actions a company uses to restore its critical systems, data, facilities and operations after a major disruption such as a natural disaster, cyberattack or infrastructure failure. Investors care because strong disaster recovery reduces the chance of prolonged downtime, unexpected costs and lost revenue — like a business’s emergency backup and repairs that protect value, reputation and future cash flow.

ultra-low latency technical

"the first cloud-based solution for ultra-low latency trading sooner than expected."

Ultra-low latency means reducing the time it takes for market data or an order to travel between systems and be acted on to the smallest possible fraction of a second. For investors, lower delay can mean faster trade execution, smaller price slippage and the ability to capture fleeting price differences—like a sprinter beating others to the finish line—so firms with ultra-low latency systems can gain a measurable edge in competitive trading environments.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CHICAGO, Oct. 12, 2026 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it has completed initial performance testing for CME Globex in the cloud, reaching new milestones in the ongoing migration of its markets, including:

• Faster round-trip times for trading.
  
  
• Ahead-of-schedule construction of the Aurora Cloud Region and co-location facility. The facility, which will host Google Cloud's new, industry-first specialized platform to support trading of CME Group markets, is targeted to be available for client testing in mid-2027, in addition to the Dallas disaster recovery facility that has been open for testing since June 2026.
  
  
• Livestock market migration to the cloud will take place out of the new Aurora Cloud Region in late 2027. Interim relocation to Dallas is no longer necessary.

"We are very pleased to be making faster than anticipated progress on our transition plans to migrate our markets to the cloud," said CME Group Chairman and Chief Executive Officer Terry Duffy. "Given the accelerated timeline on our Aurora Cloud Region as well as strong initial performance testing, we will deliver the first cloud-based solution for ultra-low latency trading sooner than expected. We will work to ensure our clients can access both Google Cloud-managed services and co-location capabilities in Aurora in late 2027."

As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, cryptocurrencies, energy, agricultural products and metals.  The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform.  In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing. 

CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc.  CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc.  COMEX is a trademark of Commodity Exchange, Inc. BrokerTec is a trademark of BrokerTec Americas LLC and EBS is a trademark of EBS Group LTD. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("S&P DJI"). "S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are trademarks of Standard & Poor's Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners. 

Statements in this press release that are not historical facts are forward-looking statements, provided pursuant to the safe harbor established under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors that might cause the actual performance of CME Group to differ materially from those expressed or implied in this press release and, therefore, should be viewed with caution. Further information on the risks that may affect CME Group's business is included in filings it makes with the SEC from time to time, including those discussed under the "Risk Factors" section in CME Group's most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. CME Group assumes no obligation to update any such forward-looking statements.

CME-G

View original content:https://www.prnewswire.com/news-releases/cme-group-announces-cloud-migration-milestones-302906160.html

SOURCE CME Group

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will CME Group migrate livestock markets to the cloud?

CME Group's livestock markets will migrate to the cloud from the new Aurora Cloud Region in late 2027. An interim relocation to Dallas is no longer necessary.

When can CME Group clients test the Aurora cloud facility?

The Aurora Cloud Region and co-location facility is targeted to be available for client testing in mid-2027. The Dallas disaster recovery facility has been open for testing since June 2026.