Globex Trading System

The Globex Trading System is an electronic trading platform for trading both futures contracts and options contracts that is operated by the Chicago Mercantile Exchange (CME).

It was introduced in 1992 and was the first global electronic trading platform designed to handle trading of financial derivatives using electronic trading. It was developed by the Chicago Mercantile Exchange (CME) along with other technology companies and it was designed to work with the existing open outcry system at the exchange to help improve efficiencies and extend the hours of trading. Globex, or "CME Globex", offers trading approximately 23 hours a day, five days a week.