Trading Technology - by Tellabs

Tellabs helps Verizon Business make global commerce faster

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Use the play controls and links above (on the right) to play the audio now or download the audio to your computer.The Chicago Mercantile Exchange (CME) -- the world's largest and most diverse derivatives exchange -- uses Globex(R) as its world-spanning electronic trading platform. CME trading volume translated in March 2007 to 6 million contracts or trades a day. The CME Globex platform relies on the backbone network of Verizon Business, the exchange's primary network provider since 2004.


Brought to you by TellabsThe electronic trading platform's rapidly growing need for speed, scale, security and reliability led CME to choose Verizon Business, and a major innovation soon followed: In May 2005, CME became the first global company (not just the first Verizon Business client) to use a new Converged Packet Architecture (CPA) technology known as Ethernet Virtual Private Line (EVPL). As a result of moving to an EVPL platform, CME Globex now operates faster, more securely and more profitably for the CME worldwide than ever before.

In 2004, Verizon Business was named CME's primary network provider in part because it promised that CME could use any Virtual LAN (VLAN) IDs the exchange chose. Verizon was able to make the promise because its network included (and still includes) the Tellabs(R) 8860 Multiservice Router, which supports overlapping VLAN IDs.