Topics in this issue include:
Starting Sunday, October 23 (trade date Monday, October 24), CME Group continues implementing new MDP 3.0 SBE schema files to support the upcoming Market by Order, Triangulation and Consolidated Fills initiatives on CME Globex. For more information regarding these initiatives, please see the CME Group Customer Forum. With the new MDP 3.0 SBE schema release, CME Group expects up to a 10% bandwidth increase per market data channel.
In order to ease customer development efforts, the new SBE schema files will support appended Template Extension. CME Group recommends that the new Schema file be downloaded and implemented on the production launch date for each channel.
Schema Channel Launch Schedule | ||
---|---|---|
Channels | Production | New Release |
382 - NYMEX Globex Crude & Crude Refined Futures 383 - NYMEX Globex Crude & Crude Refined Options 386 - NYMEX Globex Nat Gas & other Non-Crude Energy Futures 387 - NYMEX Globex Nat Gas & other Non-Crude Energy Options 410 - CME Europe Globex Futures 411 - CME Europe Globex Options |
October 23, 2016 | Available |
340 - CBOT Globex Commodity Futures 346 - CBOT Globex Commodity Futures II 341 - CBOT Globex Commodity Options 460 - MGEX Globex Futures 461 - MGEX Globex Options |
January 8, 2017 | Available |
342 - CBOT Globex Equity Index Futures 343 - CBOT Globex Equity Index Options 344 - CBOT Globex Interest Rate Futures 345 - CBOT Globex Interest Rate Options |
January 22, 2017 | Available |
430 - BMD Globex Futures 431 - BMD Globex Options 450 - KRX Globex Futures Administrative Messages for TCP Replay |
January 22, 2017 | Available |
Effective Sunday, October 23, CME Group will continue implementing Streamlined Simple Binary Encoding (SBE) market data protocol. Streamlined SBE will replace the existing streamlined FIX/FAST market data protocol to align the market data protocol with MDP 3.0 encoding format.
Please refer to the table for the implementation schedule and client impact assessments.
Streamlined SBE Market Data Protocol | |||
---|---|---|---|
SBE Feed | Production | New Release | Client Impact Assessment Availability |
Blocks | Available | Available | Blocks Streamlined Conversion to SBE |
Equity Indices - S&P & Dow Jones | Available | Available | Equity Indices Streamlined Conversion to SBE |
Eris | Available | Available | Eris Exchange Streamlined Conversion to SBE |
OTC-EOD | October 23 | Available | OTC-EOD Streamlined Conversion to SBE |
Equity Indices - Bloomberg | January 22 | Available | Equity Indices Streamlined Conversion to SBE |
A new SBE config.xml file for production is now available for customer download from CME Group FTP site.
The new Streamlined SBE schema is currently available in New Release. This new schema file includes support for Equity Indices, Eris and OTC-EOD.
Customer systems receiving market data via Streamlined SBE must complete a mandatory certification suite for each market type.
Streamlined FIX/FAST and ITC 2 Blocks Decommission
The following streamlined FIX/FAST and ITC 2 Blocks feeds will be decommissioned in the New Release and Production environments as follows:
Streamlined FIX/FAST and ITC 2 Blocks Decommission | ||
---|---|---|
SBE Feed | Production | New Release |
FIX/FAST and ITC2 Blocks CME/CBOT/CME Europe | December 30 | December 30 |
FIX/FAST and ITC2 Blocks NYMEX/COMEX/DME | March 31 | March 31 |
FIX/FAST Equity Indices – Bloomberg, S&P & Dow Jones | January 20 | January 20 |
FIX/FAST Eris Exchange | April 21 | April 21 |
FIX/FAST OTC-EOD | December 30 | December 30 |
Effective Sunday, October 23 (trade date Monday, October 24), and pending completion of all regulatory review periods, the CME Globex match algorithm for options on CME Eurodollar futures and for options on CME Bundle futures will be changed from Eurodollar Option (tag 1142-MatchAlgorithm=Y) to Threshold Pro-Rata with LMM (tag 1142=Q).
Match Algorithm Changes for Eurodollar Options on Futures | ||
---|---|---|
Configuration | Current | New |
Match Algorithm | Y | Q |
Top Order Percent Allocation | 25% | 25% |
Top Order Minimum Allocation (Contracts) | 50 | 50 |
Top Order Maximum Allocation (Contracts) | 24,999 | 1,500 |
The Threshold Pro-Rata with LMM (Q) algorithm is used for CME Globex trading in options on Treasury futures. It is an enhanced pro-rata algorithm that incorporates a Lead Market Maker (LMM) allocation after TOP order allocation and before pro-rata trade matching. Details on matching algorithm types are available in the CME Group Client Systems Wiki. The matching algorithm type is defined in tag 1142-MatchAlgorithm in the MDP 3.0 Security Definition message.
All products subject to this change are listed on and subject to the rules and regulations of CME, and are as shown in the following exhibit.
Products Affected (MC = MidCurve)
Product | MDP 3.0: tag 6937-Asset | Outrights iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
User-Defined Spreads iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group (UDS) |
---|---|---|---|
2-Year Eurodollar Bundle Options | BU2 | U1 | U$ |
3-Year Eurodollar Bundle Options | BU3 | U1 | U$ |
5-Year Eurodollar Bundle Options | BU5 | U1 | U$ |
Eurodollar Option 1 Yr MC Wk 1 | E01 | E0 | U$ |
Eurodollar Option 1 Yr MC Wk 2 | E02 | E0 | U$ |
Eurodollar Option 1 Yr MC Wk 3 | E03 | E0 | U$ |
Eurodollar Option 1 Yr MC Wk 4 | E04 | E0 | U$ |
Eurodollar Option 1 Yr MC Wk 5 | E05 | E0 | U$ |
Eurodollar Option 2 Yr MC Wk 1 | E21 | E2 | U$ |
Eurodollar Option 2 Yr MC Wk 2 | E22 | E2 | U$ |
Eurodollar Option 2 Yr MC Wk 3 | E23 | E2 | U$ |
Eurodollar Option 2 Yr MC Wk 4 | E24 | E2 | U$ |
Eurodollar Option 2 Yr MC Wk 5 | E25 | E2 | U$ |
Eurodollar Option 3 Yr MC Wk 1 | E31 | E3 | U$ |
Eurodollar Option 3 Yr MC Wk 2 | E32 | E3 | U$ |
Eurodollar Option 3 Yr MC Wk 3 | E33 | E3 | U$ |
Eurodollar Option 3 Yr MC Wk 4 | E34 | E3 | U$ |
Eurodollar Option 3 Yr MC Wk 5 | E35 | E3 | U$ |
Eurodollar Options | GE | ZE | U$ |
Eurodollar 1yr MC Options | GE0 | E0 | U$ |
Eurodollar 2yr MC Options | GE2 | E2 | U$ |
Eurodollar 3yr MC Options | GE3 | E3 | U$ |
Eurodollar 4yr MC Options | GE4 | E4 | U$ |
Eurodollar 5yr MC Options | GE5 | E5 | U$ |
Options on Eurodollar Futures Calendar Spread | SPO | 8I | 8G |
The new match algorithm for all products subject to this change will is currently available for customer testing in New Release.
Effective end of day Friday, October 28, order routing and market data for BM&F BOVESPA (BVMF) products will no longer be available via the CME Globex platform. Existing order routing customers to BVMF markets should contact their Brazilian broker. Customers wishing to pursue market access to BVMF markets may also contact BVMF at +55 11 2565-5000 (dial ‘0’ for English, then ‘2’ for Trading).
Please Note: CME Group’s New Release environment connection to BVMF’s test environment will be discontinued on Friday, October 21. This change will occur one week prior to the Production environment decommission on Friday, October 28.
Customers wishing to pursue market access to CME Group markets should contact Global Account Management in the U.S. at +312 634 8700, in Europe at +44 203 379 3754, or in Asia at +65 6593 5505.
† Denotes update to the article
Starting †Sunday, December 4 (trade date Monday, December 5), to increase market transparency and customer choice, CME Group will offer Market by Order (MBO) information in-line with the current Market by Price (MBP) for CME Globex markets.
Market Data Platform with MBO will feature:
The client impact assessment provides functionality and messaging information.
MBO is now available in New Release for customer testing. Please †view the updated MBO rollout schedule for production.
With the introduction of MBO overall incremental feed bandwidth is expected to increase 30-40%. During peak times the number of incremental feed packets per millisecond may increase up to 40-50%.
The MBO certification suite is now available in AutoCert+ for customer testing. Customer systems who choose to process MBO via CME Globex must complete this certification.
Please contact your Global Account Manager with any questions or concerns in the U.S. at +1 312 634 8700, in Europe at +44 203 379 3754 or in Asia at +65 6593 5505 for additional information.
† Denotes update to the article
Starting †Sunday, December 4 (trade date Monday, December 5), CME Group will introduce an enhancement to Indicative Opening behavior to increase transparency and provide market participants with Indicative Opening Quantity. With this enhancement, a new MDP3 Indicative Opening Quantity (IOQ) statistic will be sent with the Indicative Opening Price (IOP). The tag will represent the probable aggregated quantity of all orders executed during the opening. The IOQ will include max show and stop order quantity.
Along with this change, the logic for calculating the book quantity during the pre-open and reserve states will also be updated.
The client impact assessment provides dates, functionality and messaging information.
Indicative Opening Enhancements is now available in New Release for customer testing. †Please view the Indicative Opening Enhancements Rollout Schedule for production launch dates.
Please contact your Global Account Manager with any questions or concerns in the U.S. at +1 312 634 8700, in Europe at +44 203 379 3754 or in Asia at +65 6593 5505 for additional information.
† Denotes update to the article
Starting †Sunday, December 4 (trade date Monday, December 5), to increase transparency and simplify CME Globex functionality, all tag 37-OrderID values will be published in the Market Data Incremental Refresh Trade Summary messages.
With this release, iLink will no longer support FIX tag 1091-PreTradeAnonymity. CME Globex will not send tag 1091 to client systems, even when submitted on the original message.
†Trade Summary OrderID Opt-in Release Schedule | ||||
---|---|---|---|---|
Group | Channel Number | Channel Name | New Release Date | Production Date |
1 | 384 | NYMEX Globex Metals, Softs, & Alternative Market Futures | Available | Sunday, December 4, 2016 |
1 | 385 | NYMEX Globex Metals, Softs, & Alternative Market Options | ||
1 | 360 | COMEX Globex Futures | ||
1 | 361 | COMEX Globex Options | ||
1 | 380 | NYMEX Globex Emissions Futures | Sunday, January 8, 2017 | |
1 | 381 | NYMEX Globex Emissions Options | ||
1 | 440 | DME Globex Futures | ||
1 | 441 | DME Globex Options | ||
1 | 382 | NYMEX Globex Crude & Crude Refined Futures | Sunday, January 22, 2017 | |
1 | 383 | NYMEX Globex Crude & Crude Refined Options | ||
1 | 386 | NYMEX Globex Nat Gas & other Non-Crude Energy Futures | ||
1 | 387 | NYMEX Globex Nat Gas & other Non-Crude Energy Options | ||
1 | 410 | CME Europe Globex Futures | ||
1 | 411 | CME Europe Globex Options | ||
2 | 340 | CBOT Globex Commodity Futures | Available | Sunday, March 26, 2017 |
2 | 346 | CBOT Globex Commodity Futures II | ||
2 | 341 | CBOT Globex Commodity Options | ||
2 | 342 | CBOT Globex Equity Index Futures | ||
2 | 343 | CBOT Globex Equity Index Options | ||
2 | 344 | CBOT Globex Interest Rate Futures | ||
2 | 345 | CBOT Globex Interest Rate Options | ||
2 | 460 | MGEX Globex Futures | ||
2 | 461 | MGEX Globex Options | ||
2 | 310 | CME Globex Equity Futures | Available |
|
2 | 311 | CME Globex Equity Options | ||
2 | 312 | CME Globex Interest Rate Futures | ||
2 | 313 | CME Globex Interest Rate Options | ||
2 | 318 | CME Globex Equity Futures - excludes E-mini S&P 500 | ||
2 | 319 | CME Globex Equity Options - excludes E-mini S&P 500 | ||
2 | 314 | CME Globex FX Futures | Monday, October 24, 2016 | |
2 | 315 | CME Globex FX Options | Monday, October 24, 2016 | |
2 | 316 | CME Globex Commodity Futures | Available | |
2 | 317 | CME Globex Commodity Options | Monday, October 24, 2016 | |
2 | 320 | CME Globex FX Futures II | ||
2 | 321 | CME Globex FX Options II | ||
2 | 430 | BMD Globex Futures | ||
2 | 431 | BMD Globex Options | ||
2 | 450 | KRX Globex Futures |
Starting Sunday, January 8, 2017 (trade date Monday, January 9), CME Group will launch new market segments for FX futures and options markets to support the upcoming Triangulation initiative on CME Globex. For more information regarding this initiative, please visit the CME Group Customer Forum page.
The market segment for FX futures and options markets will be changed as follows:
Market Segment Changes for FX Futures and Options | |||||
---|---|---|---|---|---|
Product | MDP 3.0 Channel | Current Tag 1300- MarketSegemntID |
New Tag 1300- MarketSegemntID |
Production Launch | New Release Launch |
CME Globex FX Options | 315 | 52 | 88 | January 8 | October 23 |
CME Globex FX Futures | 314 | 62 | 88 | January 22 | October 30 |
There will be no changes to MDP 3.0 channels, functionality or messaging format associated with these market segment changes.
Please note: There are no market segment changes for CME Globex FX Futures II and CME Globex FX Options II on MDP 3.0 channel 320 and 321, respectively.
To facilitate these changes, customers are asked to cancel all Good 'Till Cancel (GTC) and Good 'Till Date (GTD) orders for all User Defined Spreads created on Market Segment ID 52 after their close on Friday, January 6. After 16:00 CT on Friday, January 6, all remaining GT orders for these User Defined Spreads will be cancelled by the CME Global Command Center (GCC). GTC and GTD order for the FX options, futures and futures spreads will not be affected by this change.
To ensure customer can access, trade and process market data for these market segment changes, CME Group will host a mock trading session on Saturday, January 7. All customers who support these market segments are strongly encourage to participate.
More information on the customer mock trading session and the new config.xml files will be announced in future Globex Notices.
Effective Sunday, October 23 (trade date Monday, October 24), the Top order allocation functionality will be modified for all applicable CME Globex markets. Today, Top eligibility on a Good ‘Til Cancel (GTC)/Good ‘Til Date (GTD) order persists over the weekend. With this change, Top eligibility will only apply for the trading week in which the order improved the market.
More information on Top allocation and CME Globex matching algorithms is available in the Client Systems Wiki. Details on the matching algorithm for each CME Globex market are available in the CME Globex Product Reference Sheet.
This change is currently available in New Release for customer testing.
Effective Sunday, November 13 (trade date Monday, November 14), CME Group and Crypto Facilities (CF) will launch two bitcoin-pricing products designed to give clients a reliable reference rate price source for digital assets.
The pricing data will be disseminated via a streamlined Simple Binary Encoding (SBE) market data feed. This feed will publish the following Bitcoin standardized reference rate and real time index pricing data:
The client impact assessment provides functionality and messaging information.
A new certification test suite in AutoCert+ for Bitcoin pricing data via streamlined SBE will be available on Monday, October 24.
Please note: Certification for streamlined CME CF Bitcoin pricing data is not mandatory for client systems already certified for streamlined SBE Equity Indices.
A new SBE config.xml file for production will be available from CME Group FTP site in Q4 2016. The production channels for Bitcoin pricing data will be available for customers and broadcasting heartbeats in Q4 2016.
Streamlined SBE for Bitcoin pricing data is currently available in New Release for customer testing.
Please contact your Global Account Manager with any questions or concerns in the U.S. at +1 312 634 8700, in Europe at +44 203 379 3754 or in Asia at +65 6593 5505 for additional information.
† Denotes update to the article
†The launch of the following volatility-quoted options scheduled for Sunday, October 23, 2016 has been postponed. Effective Sunday, November 13, 2016 (trade date Monday, November 14), volatility-quoted options are scheduled to launch on six FX options products: Euro FX, British pound, Japanese Yen, Canadian Dollar, Swiss Franc and Australian Dollar in both American-style and new European-style options expiring at 2 p.m. Central Time (CT).
Volatility-quoted options is a functionality that allows CME Globex clients to trade an option contract with an 'auto-hedge' into the corresponding quarterly month of the underlying futures contract. When a volatility trade occurs, CME will use a standardized option pricing model to create a delta neutral combination of premium options and futures, and exchange these between the buyer and seller.
All of the volatility-quoted options products are currently available in the New Release for customer testing.
To ensure customers can access, trade and process the market data for the new volatility-quoted FX options, CME Group will hold a mock trading session on †Saturday, November 12. All customers and trading system providers who plan to support these products are strongly encouraged to participate. †For more information about the Mock Trading Sessions, please view the mock trading session script.
More information on these new products and the associated messaging and functionality enhancements is available in the Volatility-Quoted Options Client Impact Assessment.
Effective Sunday, October 23 (trade date Monday, October 24), NY RBOB (Argus) Gasoline futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.
NY RBOB (Argus) Gasoline Futures | ||
---|---|---|
Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
NY RBOB (Argus) Gasoline Futures | NYA | RF |
NY RBOB (Argus) vs. RBOB Gasoline Futures | NYR | RF |
These futures are currently available for customer testing in New Release.
Please view New Product Summary.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
Effective Sunday, October 23 (for trade date Monday, October 24), the following Fuel Oil average priced options (APOs) will be listed for trading on CME Globex and for submission for clearing on CME ClearPort.
Fuel Oil Crack Average Priced Options | |||
---|---|---|---|
Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group (UDS) |
3.5% Fuel Oil Barges FOB Rdam (Platts) Crack Spread (1000mt) Average Price Option | BCO | EF | EX |
Singapore Fuel Oil 380cst (Platts) Brent Crack Spread (1000mt) Average Price Option | SCO | EF | EX |
These average price options are currently available for customer testing in New Release.
Please view New Product Summary.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
Effective Sunday, October 23 (trade date Monday, October 24), the following Platinum/Palladium Spread futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.
Platinum/Palladium Spread Futures | ||
---|---|---|
Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
Platinum/Palladium Spread Futures | PPS | PU |
These futures are currently available for customer testing in New Release.
Please view New Product Summary.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
† Denotes update to the article
Effective Sunday, October 23 (trade date Monday, October 24), the following COMEX Ratio and Spread futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.
COMEX- Ratio and Spread Futures | ||
---|---|---|
Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
Gold/Silver Ratio Futures | GSR | GV |
Gold/Platinum Spread Futures | GPS | GP |
These futures are currently available for customer testing in New Release.
†Please view New Product Summary.
These contracts are listed with, and subject to, the rules and regulations of COMEX.
Effective Sunday, October 23 (trade date Monday, October 24), butterfly spreads will be listed on CME Globex for the following dairy futures for the four nearest monthly butterflies and four nearest quarterly (January, April, July, October) maturities.
Listing Dairy Futures Butterfly Spreads | ||||
---|---|---|---|---|
Product | MDP 3.0: tag 6937- Asset |
MDP 3.0 tag 1151- Security Group |
iLink: tag 107 - SecDesc MDP 3.0 tag - 55 Symbol |
Tag 762- SecuritySubType |
Class III Milk Futures | DC | DC | DC:BF V6-X6-Z6 DC:BF X6-Z6-F7 DC:BF Z6-F7-G7 DC:BF F7-G7-H7 DC:BF J7-K7-M7 DC:BF N7-Q7-U7 DC:BF V7-X7-Z7 DC:BF F8-G8-H8 |
BF (Butterfly Spread) |
Class IV Milk Futures | GDK | DC | GDK:BF V6-X6-Z6 GDK:BF X6-Z6-F7 GDK:BF Z6-F7-G7 GDK:BF F7-G7-H7 GDK:BF J7-K7-M7 GDK:BF N7-Q7-U7 GDK:BF V7-X7-Z7 GDK:BF F8-G8-H8 |
BF (Butterfly Spread) |
Cash Settled Cheese Futures | CSC | DY | CSC:BF V6-X6-Z6 CSC:BF X6-Z6-F7 CSC:BF Z6-F7-G7 CSC:BF F7-G7-H7 CSC:BF J7-K7-M7 CSC:BF N7-Q7-U7 CSC:BF V7-X7-Z7 CSC:BF F8-G8-H8 |
BF (Butterfly Spread) |
Cash Settled Butter Futures | CB | CB | CB:BF V6-X6-Z6 CB:BF X6-Z6-F7 CB:BF Z6-F7-G7 CB:BF F7-G7-H7 CB:BF J7-K7-M7 CB:BF N7-Q7-U7 CB:BF V7-X7-Z7 CB:BF F8-G8-H8 |
BF (Butterfly Spread) |
Nonfat Dry Milk Futures | GNF | DC | GNF:BF V6-X6-Z6 GNF:BF X6-Z6-F7 GNF:BF Z6-F7-G7 GNF:BF F7-G7-H7 GNF:BF J7-K7-M7 GNF:BF N7-Q7-U7 GNF:BF V7-X7-Z7 GNF:BF F8-G8-H8 |
BF (Butterfly Spread) |
Dry Whey Futures | DY | DY | DY:BF V6-X6-Z6 DY:BF X6-Z6-F7 DY:BF Z6-F7-G7 DY:BF F7-G7-H7 DY:BF J7-K7-M7 DY:BF N7-Q7-U7 DY:BF V7-X7-Z7 DY:BF F8-G8-H8 |
BF (Butterfly Spread) |
The spreads are currently available for customer testing in New Release.
These contracts are listed with, and subject to, the rules and regulations of CME.
† Denotes update to the article
Effective Sunday, October 23 (trade date Monday, October 24), additional CME Europe FX futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort; subject to regulatory approval.
Additional CME Europe FX Futures | ||
---|---|---|
Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
U.S. Dollar/Polish Zloty Futures | UPL | 9P |
U.S. Dollar/Norwegian Krone Futures | UNO | 9N |
U.S. Dollar/Swedish Krona Futures | USW | 9K |
Australian Dollar/Japanese Yen Futures | AJD | 9A |
Euro/Australian Dollar Futures | EAS | 9E |
Euro/Canadian Dollar Futures | ECA | 9C |
These futures are currently available for customer testing in New Release.
†Please view New Product Summary.
These contracts are listed with, and subject to, the rules and regulations of COMEX.
These contracts are listed with, and subject to, the rules and regulations of CME Europe.
Effective Sunday, October 23 (trade date Monday, October 24), the UK NBP Natural Gas (USD/MMBtu) (ICIS Heren) Front Month Future will be listed for trading on CME Globex and for submission to clearing via CME ClearPort ; subject to regulatory approval.
UK NBP Natural Gas (USD/MMBtu) (ICIS Heren) Front Month Future | ||
---|---|---|
Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
UK NBP Natural Gas (USD/MMBtu) (ICIS Heren) Front Month Future | NUE | JQ |
These futures are currently available for customer testing in New Release.
These contracts are listed with, and subject to, the rules and regulations of CME Europe.
Effective Sunday, October 30 (trade date Monday, October 31), Bursa Malaysia Derivatives (BMD) is scheduled to list Tin futures for trading on CME Globex.
Bursa Malaysia Derivative Berhad (BMD) Tin Futures | |||
---|---|---|---|
Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
Trading Hours |
Tin Futures | FTIN | BN | First Trading Session 9:00 a.m. - 12:00 p.m. Malaysian Standard Time (MST) 8:00 p.m. - 11:00 p.m. Central Time (CT) Second Trading Session 1:30 p.m. - 3:00 p.m. (MST) 12:30 a.m. - 2:00 a.m. (CT) |
These futures are currently available in New Release for customer testing.
Effective Sunday, October 23 (trade date Monday, October 24), CME Group will enable implied options functionality on the EU Wheat Options listed for trading on CME Globex. Additional information on implied options functionality is available in the Client Systems Wiki.
Implied Options Functionality on EU Wheat Options | |||
---|---|---|---|
Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group (UDS) |
EU Wheat Options | WEO | M3 | M4 |
This change is currently available in New Release for customer testing.
These contracts are listed with, and subject to, the rules and regulations of CBOT.
Effective Sunday, October 30 (trade date Monday, October 31), the listing cycle for the Aluminum A380 Alloy (Platts) futures will be expanded from 12 consecutive months to the current year plus the next calendar year on CME Globex.
Listing Expansion for Aluminum A380 Alloy (Platts) Futures | ||||
---|---|---|---|---|
Product | MDP 3.0: tag 6937-Asset | MDP 3.0 tag 1151 - Security Group | Current Listing Cycle | New Listing Cycle |
Aluminum A380 Alloy (Platts) Futures | A38 | ST | 12 consecutive months | Current year plus the next calendar year |
This change will be available in New Release for customer testing on Monday, October 24.
These futures are listed with, and subject to, the rules and regulations of CME.
Effective Sunday, November 13 (trade date Monday, November 14), the maximum order quantity, tag 1140-MaxTradeVol, for the Energy Options in the following groups will be changed from 999 to 2,499. Tag 1140-MaxTradeVol can be found in the security definition message.
Change to Maximum Order Quantity for All Natural Gas Options | |||
---|---|---|---|
Product | MDP 3.0 tag 6937-Asset | tag 1140-MaxTradeVol(Current) | tag 1140-MaxTradeVol (New) |
Natural Gas Options | GZ | 999 | 2,499 |
Natural Gas Options | ON | 999 | 2,499 |
Natural Gas Options | LG | 999 | 2,499 |
WTI Crude Oil Options | LO | 999 | 2,499 |
Brent Crude Oil Options | OT | 999 | 2,499 |
Brent Crude Oil Futures-Style Margin Options | PR | 999 | 2,499 |
This change will be available for customer testing in New Release on Monday, October 19.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
Effective Sunday, November 13 (trade date Monday, November 14), the second-generation implied functionality will be removed from all remaining eligible markets on Market Segments 70, 76, 82, 84 and 86, including all intra- and inter-commodity spreads. First generation implied functionality will still be supported. The market segment id can be identified in tag 1300-MarketSegmentID in the security definition message.
Information on second-generation implied functionality is detailed in the Client Systems Wiki.
Changes for Implied Futures Functionality | |
---|---|
Tag1300-MarketSegmentID | Market Segment |
70 | CME Commodity Futures, MGEX Futures |
76 | COMEX Futures, NYMEX Metals, Softs, & Alternative Market Futures |
82 | CME Interest Rate Futures |
84 | CBOT Interest Rate Futures |
86 | CME Europe Futures and Options |
This change will be available for customer testing in New Release on Monday, October 31.
CME Group is committed to the protection of its members, employees and stakeholders and has a long history of successfully managing risk. In keeping with those traditions, CME Group has a comprehensive business continuity program in place. To ensure customer readiness, CME Group will offer CME Globex & Clearing Disaster Recovery (DR) Failover testing, in conjunction with the Futures Industry Association (FIA) test on this Saturday, October 15.
The CME Globex & Clearing DR Failover test is designed to ensure customers can successfully failover to the CME Globex & Clearing DR environment, send orders and fallback to the production environment in case of an emergency.
A detailed time line and testing script is available on the FIA's website.
The Q4 2016 CME Globex Messaging Efficiency Program Product Group Benchmarks are now available online. The Product Group Benchmark Ratios are published quarterly, unless business circumstances for a particular product or product group require changes to be implemented more frequently.
Additionally, on Monday, October 3, various product groups and levels were added to the Messaging Efficiency Program; however, surcharges will not take effect until trade date November 1.
CME Globex firms who exceed the benchmark ratios in the new product groups and are currently signed-up to receive Messaging Efficiency Program e-mail notifications will be informed of any theoretical surcharges via a sample e-mail notification.
The CME Globex Messaging Efficiency Program creates fair business guidelines by which customers are billed a surcharge for overly high message rates.
Please contact your Global Account Manager in the U.S. at +312 634 8700, in Europe at +44 203 379 3754, or in Asia at +65 6593 5505 with any questions.
CME Group is committed to our customers’ information security. To deliver the best security and customer experience, as announced in the recent CME Group Customer Forums, all certified customer-facing applications that support human-to-machine authentication to CME Group systems will be required to support strong passwords, encryption of confidential and sensitive data, and two-factor authentication by the end of 2016.These requirements apply to both customer-facing services connected to CME Group and to their services exposed to clients.
Please contact your Global Account Manager or third-party provider with any questions.
At CME Group we perform significant amounts of testing in our Production environment on weekends. CME Group strongly recommends clients disconnect from services over the weekend to prevent any impact from published test data and messaging.
Customer testing in Production may be coordinated with CME Group through your Global Account Manager.
If you have any questions, please contact the CME Global Command Center in the U.S. at +1 800 438 8616, in Europe at +44 20 7623 4747 or in Asia at +65 6532 5010 or via email at GCC@cmegroup.com.