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MDP 3.0, is CME migrating to a new data comm protocol?

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Madrid Spain
Trading Experience: Intermediate
Platform: Ninjatrader, TOS
Favorite Futures: ES
Malthus's Avatar
Posts: 247 since Oct 2014
Thanks: 1,220 given, 704 received

I received the following message from my broker:

CME Globex Legacy Market Data to MDP 3.0 Market Data Conversion

Here is the link to full details: CME Market Data Conversion

Per the CME, All Data Feeds will need to make this conversion by October 2015 All Legacy FIX/FAST Channels will be decommissioned.

Example: Here is how the change results in a different presentation of the ticks
If we had trades like this for ESM5

211175 vol 5
211175 vol 2
211175 vol 1
211175 vol 12
(total, 20 @)

Now we get a trade summary like this
211175 vol 20

Same volume, less detail.

This will affect your Tick Charts please be aware and adjust your trading strategies accordingly.

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