Pricing
Start Today.
Scale Seamlessly.
Validate your strategy, then pick your path – software you run yourself, or infrastructure we manage for you at CME colocation. Flat-rate, no order routing fees, no surprises.
Growth Path
A Product for Every Stage
Start with the simulator to validate your strategy, then choose your path: fully managed colocation that scales with you, or software you run on your own infrastructure.
Start Here – Validate
Validate
Backtesting Simulator
Test before you commit
$250
3-month software licenseQuant researchers, indie algo developers, and anyone de-risking a strategy before going live
- ✓PCAP & DataBento DBN file replay
- ✓All CME order types, including FAK and Iceberg
- ✓CME-matching fill simulator – high-fidelity results
- ✓Same C++ API as production – zero code changes to go live
- ✓Nanosecond trace files for latency analysis
- ✓No exchange account or FCM required
Trade From Your Own Office
1
Connect
Remote Trading (FIX, Sierra DTC)
FIX & DTC access to CME
$595
per month no order routing fees
Traders and firms already on FIX, or moving beyond a retail or proprietary trading API
- ✓FIX 4.4 API – connect your existing strategy, OMS, EMS or trading app
- ✓DTC API for Sierra Chart
- ✓L10 market data API – $250/month per DCM
- ✓No Nanoconda per-order routing fees
- ✓No Nanoconda per-contract technology fees
- ✓Full capacity of the underlying CME iLink session, subject to CME limits
- ✓Under 10 microseconds from FIX message receipt at Nanoconda to the CME matching engine
→
Most Accessible Colocation
2
Go Live
Colocated Essentials
Smart orders & custom plugins at the exchange
Monthly
AnnualSave
$1,850
per month no order routing fees
Independent traders and small teams running supervised strategies without managing servers
- ✓1 dedicated CPU core at CME Aurora colocation
- ✓Single-digit microsecond latency
- ✓Server-side smart orders & fully custom plugins
- ✓Full MBO market data API – $250/month per DCM
- ✓GUI-only access – no terminal required
- ✓Full DMA software platform included
- ✓CME cross-connect & all connectivity included
- ✓24/6 monitoring, alerting & system administration
- ✓Onboarding & go-live support
Full SSH Terminal & OS Access
Most Popular
3
Scale Up
Colocated Professional
Full control at the exchange
Monthly
AnnualSave
$2,950
per month no order routing fees
Prop firms and systematic funds running multiple strategies who need direct server access via SSH
- ✓3 dedicated CPU cores at CME Aurora colocation
- ✓Full SSH access – direct server control
- ✓Full DMA software platform included
- ✓Full MBO market data API – $250/month per DCM
- ✓CME cross-connect & all connectivity included
- ✓24/6 monitoring, alerting & system administration
- ✓Onboarding & go-live support
→
4
Maximum Capacity
Colocated Elite
Maximum dedicated capacity at the exchange
Monthly
AnnualSave
$4,800
per month no order routing fees
Firms running many simultaneous strategies who need the largest dedicated footprint we offer
- ✓7 dedicated hyperthreaded CPU cores at CME Aurora colocation
- ✓Full SSH access – direct server control
- ✓Full DMA software platform included
- ✓CME cross-connect & all connectivity included
- ✓24/6 monitoring, alerting & system administration
- ✓Onboarding & go-live support
Own Your Stack
DMA Software Suite
Bring your own infrastructure
Monthly
Annual
$2,800
per month Annual commitment
Established firms with their own colocation hardware who want certified software without managed ops
- ✓iLink 3.0 execution gateway (CME certified)
- ✓MDP 3.0 market data feed handler
- ✓In-memory pre-trade risk engine & GUI
- ✓Simulator, PCAP/DBN replay, trace file
- ✓FCM integration support
- ✓Runs on your own server hardware
Comparison
Full Feature Breakdown
Every feature, across every tier – so you know exactly what you're getting.
| Simulator $250 / 3mo | Remote Trading $595 / mo | Colo Essentials $1,850 / mo | Colo Pro $2,950 / mo | Colo Elite $4,800 / mo | DMA Software $2,800 / mo | |
|---|---|---|---|---|---|---|
| Testing & Simulation | ||||||
| PCAP & DataBento DBN Replay | ✓ | - | ✓ | ✓ | ✓ | ✓ |
| Simulator (FAK, Iceberg support) | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Nanosecond Trace Files | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Live Trading Software | ||||||
| MDP 3.0 Market Data Feed | - | L10 (no MBO) | ✓ | ✓ | ✓ | ✓ |
| iLink 3.0 Execution Gateway | - | ✓ | ✓ | ✓ | ✓ | ✓ |
| In-Memory Pre-Trade Risk | - | ✓ | ✓ | ✓ | ✓ | ✓ |
| Order Management GUI | - | ✓ | ✓ | ✓ | ✓ | ✓ |
| FCM Integration | - | ✓ | ✓ | ✓ | ✓ | ✓ |
| CME ISV Certification | - | ✓ | ✓ | ✓ | ✓ | ✓ |
| Routing / Volume Fees | $0 | $0 | $0 | $0 | $0 | $0 |
| Infrastructure & Operations | ||||||
| CME Aurora Colocation | - | Gateway – under 10µs to CME | ✓ | ✓ | ✓ | - |
| Dedicated CPU Cores | - | - | 1 | 3 | 7 | - |
| SSH Access | - | - | - | ✓ | ✓ | - |
| CME Cross-Connect | - | ✓ | ✓ | ✓ | ✓ | - |
| 24/6 Managed Operations | - | ✓ | ✓ | ✓ | ✓ | - |
| Hardware Provided By | - | Nanoconda | Nanoconda | Nanoconda | Nanoconda | You |
ROI
vs. Building In-House
The real cost of a CME gateway in-house – before a single line of strategy code.
Build In-House
$200K–$1M
Custom development cost estimate
12–18 months to production
1–3 senior low-latency engineers
CME certification overhead
Ongoing maintenance burden
Colocation hardware & networking
Nanoconda Colocated Pro
$3,200
Per month incl. 1 DCM data API
Year-one cost $38,400
Year-one cost $38,400
Days to production
Zero engineering headcount
CME certification included
Managed infrastructure & monitoring
Colocation & connectivity included
Typical Savings
90%+
Cost reduction vs. in-house
Redirect engineering to alpha
Faster time to first trade
No infrastructure maintenance
Predictable monthly expense
Scale without fixed-cost step-ups
Included
Everything in the DMA Subscriptions
All four DMA tiers share the same full platform. No add-on pricing for core components.
Software & Connectivity
- ✓ MDP 3.0 market data feed handler
- ✓ iLink 3.0 execution gateway
- ✓ Pre-trade risk engine
- ✓ Trading simulator (all CME order types)
- ✓ PCAP & DataBento DBN replay
- ✓ Trace file & debug tooling
Interfaces & Controls
- ✓ Real-time web & native GUI
- ✓ Order management blotter
- ✓ Algo controls browser panel
- ✓ Kill switch & flatten controls
- ✓ DOM market data view
- ✓ Custom parameter API
Exchange & Compliance
- ✓ CME certification
- ✓ EDC monitoring and software updates
- ✓ FCM integration support
- ✓ Audit trail generation and delivery
- ✓ ION file generation and delivery
Support
- ✓ Technical onboarding assistance
- ✓ Email support
- ✓ Documentation & API guides
- ✓ Software updates & patches
- ✓ Bug fixes & new features
FAQ
Pricing Questions Answered
What is the natural upgrade path?+
Most clients begin with the Backtesting Simulator ($250/3mo) to validate their strategy with zero infrastructure commitment. From there, the path follows your growth and your need for more control and lower latency. Remote Trading ($595/mo) connects your existing FIX application or Sierra Chart to CME through the Nanoconda gateway in Aurora, with no servers to manage. When you want your strategy running at the exchange, Colocated Essentials ($1,850/mo + data API) puts it in CME colocation on 1 dedicated core, fully managed, with GUI access only. Colocated Professional ($2,950/mo + data API) provides 3 cores and direct SSH access for multi-strategy operations, and Colocated Elite ($4,800/mo) scales that up to 7 cores for firms running many strategies at once. If you already operate your own colocation hardware, the DMA Software Suite ($3,500/mo) gives you the certified software stack on your own infrastructure instead.
What does the Backtesting Simulator include?+
The $250 / 3-month license gives full access to PCAP and DataBento DBN replay plus the CME-compatible trading simulator. It supports all CME order types – FAK, Iceberg, Limit, Market, Stop, Stop-Limit – with fill logic that mirrors live Globex behavior. Uses the exact same C++ API as production, so upgrading to a live plan requires zero code changes. No exchange account or FCM required.
What is the difference between the Colocated tiers?+
Colocated Essentials ($1,850/mo + data API) provides 1 dedicated core with GUI-only access – you monitor and control your strategy through the GUI but have no shell access to the server. Colocated Professional ($2,950/mo + data API) and Colocated Elite ($4,800/mo) provide 3 and 7 dedicated cores respectively, both with full SSH access, enabling your team to directly manage the private server environment and install your own applications.
Are there routing or volume-based fees on any plan?+
No – on any plan. Every product is flat-rate only. No per-trade fees, no revenue share, no volume tiers, no exchange pass-throughs. The market data API is $250/month per DCM – L10 for Remote Trading, full MBO for Colocated Essentials and Colocated Professional. CME market data license fees are separate.
Can I upgrade from one managed tier to another?+
Yes. Between colocated tiers it's seamless – your algo code, configuration, and strategy carry over unchanged, and you gain additional cores and SSH access without any migration overhead. Moving from Remote Trading to colocation, we help you bring your strategy onto the server during onboarding.
What FCMs do you support?+
Any US-registered FCM offering CME-sponsored access. We handle the technical FCM integration during onboarding at no additional charge.
Is support included?+
Technical onboarding and email support are included in all DMA plans. The Simulator includes documentation-level support.
Still have questions?
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