a new electronic system with the goal of enhancing futures trading at the CME. The system had gone through many iterations and enhancements throughout the next five years until 1992 when the first electronic futures trading began on the new system. When Globex was first launched, it ran on Reuters technology.

The system was also the first international electronic trading system to allow "off-hours trading in exchange contracts" and because of this the system was known early on as a "Pre/Post Market Trading"