CME · Earnings call · 2026Q3T · Full report

Google Cloud Migration

CME GROUP INC. · 2026-10-21 · Importance 34 · Surprise 42

CME opened its Dallas disaster recovery facility for client testing in June as part of its Google Cloud migration. Management said latency and consistency in testing were as good as or better than its on-premises offering, while the primary Chicago region continued to progress to plan. CME expected to begin migrating its markets to the cloud in late 2027 and said the interim relocation of livestock markets to Dallas was no longer necessary. Management described CME as the only global exchange offering Google Cloud managed services alongside ultra-low-latency co-location.

Key facts

• CME Group's primary Chicago Google Cloud region was progressing to plan, and the company expected to begin migrating its markets to the cloud in late 2027.
• CME Group opened its Dallas Google Cloud disaster recovery facility for client testing in June 2026.
• CME Group determined that relocating its livestock markets to Dallas was no longer necessary in the interim.
• Testing of CME Group's Dallas Google Cloud disaster recovery infrastructure showed latency and consistency as good as or better than its on-premises offering.
• CME Group described itself as the only global exchange offering both Google Cloud managed services and ultra-low-latency co-location.