The Chicago Mercantile Exchange has launched TeleStat, an automated telephone service that will enable users of its Globex electronic trading platform to access recent trade data.
CME says the TeleStat system will enable Globex users to access trade information after entering a unique and secure user identification and personal identification number.
Users will be able to access total cleared trades by date; their last 20 executions; total cleared trades with last 20 executions and cleared trade reports that can be e-mailed to the registered address.
Phupinder Gill CME president and chief oprating officer, says the Telestat system will "enhance the way customers communicate with CME".
Developed internally by CME, TeleSTAT will be implemented in phases, with CME Globex firm administrators the first to use the system. They will be followed by all registered Globex customers and then by non-registered customers. CME says customers will eventually be able to use TeleState to obtain order status and cancel trades.