CBOT expands use of TDI™ for electronic data distribution

CMS WebView plc (CMS) is pleased to announce that the Chicago Board of Trade (CBOT) will be expanding its use of TDIâ„¢ to distribute market data for Kansas City Board of Trade (KCBT) and Minneapolis Grain Exchange (MGEX).

The CBOT has signed agreements with KCBT and MGEX to distribute their market data via its quote vendor network. The CBOT uses TDIâ„¢ as its data distribution system and, in return, CMS will be paid additional annual fees for this service.

TDIâ„¢ is a modular suite of software which is used to process, redistribute, analyse and store vast amounts of real-time financial data. The benefits to customers of TDIâ„¢ include its wide range of proven input and output interfaces, together with inbuilt network resilience and significant data flow capabilities.

Bob Antell, Chief Executive of CMS, commented:

"We believe that its adoption by the CBOT and the Chicago Mercantile Exchange has defined TDIâ„¢ as industry standard software for the distribution of financial market data.

"The fact that the CBOT will be distributing market data for KCBT and MGEX using TDIâ„¢ is a further endorsement of its confidence in our software. This agreement enhances CMS's position as a leading provider of exchange data distribution software."

Steve Dickey, V.P. of Market Data Products and Information at CBOT, said:

"We're very pleased with the performance of the TDIâ„¢ software. Recently CBOT has handled record trading volumes, and TDIâ„¢ has coped effortlessly with this. We therefore had no hesitation in expanding our use of TDIâ„¢ for KCBT and MGEX."

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