"This was a customer driven initiative" said Richard Barker business liaison manager. "Three clients who were already using our FIX Forge software requested the MDP FAST handler within days of it going live. We took the opportunity to certify against both iLink and the MDP FAST feed simultaneously such that in the future clients will not be required to repeat the process. We have also prepared software that meets the CME audit trail requirements and will reduce the burden further in this the final step of the CME's client on-boarding process. The complete package is available for download from our site under the direct connect scheme."
" I was most pleased to hear that the first client to connect to the MDP FAST feed managed to go live within three hours of receiving the package"
Alan Shontz wrote "On behalf of the CME Group I wanted to thank you and your team for completing your recent certification to the CME Globex platform for both our iLink (order routing) and MDP FIX/FAST (market data) interfaces.
CME Group acknowledges that your company has completed the proper certification or test suites and hereby certifies that your software is approved for use by any customer choosing to connect to the platform."
Richard Barker concluded "The software is available under our usual support and upgrades only licensing terms, no upfront license fee, which provides all the requisite assurances for longevity and reliability with minimal upfront financial risk"