In the third quarter of 2021, CME Group will temporarily implement an EBS Ai on CME Globex API to facilitate the EBS Market Integration.
This API will allow existing EBS customers to transact on CME Globex using EBS Ai with minimal modifications to their trading and market data solutions. CME Group is offering this service to reduce risk of losing access to EBS Market and eFix during the migration to CME Globex.
EBS Ai will require less development effort as it replicates the FIX version of the Ai spec to support EBS Market on CME Globex for order entry and credit screened market data. This approach will require a few minor development changes and future enhancements to EBS Market and eFix on CME Globex may not be available over EBS Ai.
Migration to CME Globex order entry and credit screened market data will be required at a later date within 2-3 years.
Certification is not required for the new EBS Ai. This will be available for customer testing in New Release starting Wednesday, June 23. Current Ai Clients that want to test the EBS Ai on CME Globex will need to establish connectivity to the CME Globex New Release environment prior to testing.
