CBOE Bows Faster Data API Amid NY4 Move

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Gerald O’Connell, executive vice president and chief information officer, CBOE

The Chicago Board Options Exchange has released a new API to access data and trading on its CBOEdirect platform, which serves as the underlying trading platform for all the options, futures and equities markets operated by the exchange, to reduce data distribution latency, while preparing to migrate the trading engines for all its markets to Equinix’s NY4 co-location datacenter in Secaucus, NJ.

The new API, dubbed CMI2, will replace the exchange’s CORBA-based CMI protocol, and deliver latency

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