For the latest roadmap of CME Group technology initiatives:
See the Development Launch Schedule.

Critical Updates

CME Globex Performance Enhancements - This Week

Starting this Sunday, January 21 (trade date Monday, January 22), CME Globex will implement internal changes to CBOT Interest Rate options; CME, CBOT, and MGEX Commodity options; and Bursa Malaysia futures. CME Equity options - S&P options, NYMEX Emissions options, NYMEX Energy, Metals, Softs and Alternative Markets options, COMEX options, DME options will change on January 28; CME Crypto futures and options and Event Contracts dates will be announced in future CME Globex Notices.

These changes will have no functional or messaging impacts to client gateways. In internal testing, these changes improved performance on CME Globex more than 10%. The plan to apply these changes to other markets will be published in future CME Globex Notices.

Market Segment ID Market Segment Description Performance Enhancement Date
58 CBOT Interest Rate Options January 21
60 CME, CBOT and MGEX Commodity Options
Bursa Malaysia Futures and Option
54 CME Equity Options - S&P Options January 28
56 NYMEX Emissions Options; NYMEX Energy, Metals, Softs and Alternative Markets Options; COMEX Options; DME Options
74 CME Crypto Futures and Options; Event Contracts TBD

iLink 3 Party Details Harmonization - January 28

Effective Sunday, January 28 (trade date Monday, January 29), CME Group will implement the iLink 3 messaging changes to Pre-Registered administrative information to be consistent with the On-Demand administrative information. These changes will also bring the front-end messaging into alignment with the back-office feeds and simplify the reconciliation process.

Field Capitalization

CME Globex will capitalize tag 1691-PartyDetaiID values on the following Party Detail Roles on the Pre-Registered Party Detail Definition Request Acknowledgment messages sent from Order Entry Service Gateway to Client System. Client systems are not required to send capitalized values to CME Globex, but capitalized values will always be returned.

iLink 3 Party Details Definition Request Acknowledgment (tag 35=CY)
Tag 1693 - Party Detail Role Current Submitted/Return tag 1691-PartyDetailID Value Behavior New Return tag 1691-PartyDetailID Value Behavior
24 (customer account)
1000 (take up account)
aBcde ABCDE

Field Truncation

CME Group will truncate tag 1691-PartyDetaiID values on the following Party Detail Roles on the Pre-Registered Party Details Definition Request Acknowledgment messages sent from Order Entry Service Gateway to Client System. If this tag values submitted on the Party Details Definition Request message exceeds the required length, iLink 3 will return a truncated required length from the right on the response.

   iLink 3 Party Details Definition Request Acknowledgment (tag 35=CY)
Tag 1693 - Party Detail Role   Required Length Current Submitted/Return tag 1691-PartyDetailID Value Behavior New Return tag 1691-PartyDetailID Value Behavior
24 (customer account) 12 1234567890987Account   90987ACCOUNT
1000 (take up account) 11 1234567890987Account   0987ACCOUNT  
96 (take up firm) 3 10f23 f23

These changes are only applicable to the Pre-Registered administrative information. There is no change to the On-Demand Party Detail Definition Request Acknowledgment (tag 35=CY) messages sent from Market Segment Gateway to Client System.

More detailed information on Party Details is available in iLink 3 Party Details Definition Messaging.

These changes are currently available for customer testing in New Release.

UpdateMandatory Migration - iLink 3 Binary Order Entry Protocol for CGW - January 28

† Denotes update to the article

CME Group is introducing iLink 3 on Convenience Gateways (CGW) for trading futures and options on CME Globex. The iLink 3 protocol will launch on the existing CGWs on Sunday, January 28 (trade date Monday, January 29). All customers connected via CGW will need to migrate to iLink 3 by December 31, 2024.

iLink 3 includes:

  • Simple Binary Encoding (SBE) for faster message encoding and decoding
  • A simple, lightweight, point-to-point session layer protocol using FIX Performance (FIXP)
  • More efficient iLink FIX messaging
  • Standard message size, fixed positions, and fixed length fields
  • A consistent encoding method for order entry and market data

The Client Impact Assessment is available and provides detailed functionality and messaging information.

Based on customer feedback and to better align with iLink 2 CGW, Cancel on Disconnect (COD) will be optional functionality for all iLink 3 CGW sessions. Customers will be able to request COD functionality to be disabled or enabled in:

  • New Release – Now available
  • Production – Now available

Please note that all iLink 3 CGW sessions will be created with COD enabled. Clearing Firm Administrators can disable COD functionality by entering the change request via Firm Admin Dashboard (FADB).

iLink 3 on CGW is currently available in New Release for customer testing.

AutoCert+ certification is required for all client systems using CGWs.

  • Now Available – iLink 3 CGW functionality available in New Release and AutoCert+ certification  
  • Now Available - The OESGW configuration information (i.e. OESGWs and IPs) for CGWs will be added to the production config.xml file via an SFTP site (sftpng.cmegroup.com). 
  • January 20 and 27 - iLink 3 CGW Saturday Mock Trading sessions
  • January 28 –  Production launch of iLink 3 on CGW
  • December 31, 2024 – Deadline for customer migration
  • January 31, 2025 - iLink 2 on CGW Decommission

To participate in the mock trading sessions please register and view the mock trading script.

Please contact your Global Account Manager for additional information.

Drop Copy Impacts - Mandatory iLink 3 Binary Order Entry Protocol for Convenience Gateway - January 28

On SundayJanuary 28 (trade date Monday, January 29), CME Group will launch the iLink 3 protocol on existing Convenience Gateways (CGW) for trading futures and options on CME Globex. All customers connected via Convenient Gateway (CGW) are encouraged to migrate to iLink 3 as early as possible prior to the iLink 2 decommission. Key events and dates are available.

Impacts of mandatory iLink 3 Binary Order Entry protocol for Convenience Gateway on Drop Copy Convenience Gateway target sessions.

  • Message encoding: The Drop Copy encapsulated XML Non-Fix (tag 35-MsgType=n) Message payload sent from iLink 3 source sessions will be in ASCII format.
    • Message payload mapping conforming to the iLink 3 formats and encoding will feature deprecated message tags, additional tags and enumerations for order entry, clearing and regulatory compliance messaging specifications.
    • A summary of ASCII encoded tags with their equivalent values in Simple Binary Encoding tags and enumerations is available.
  • Target Session: Current Drop Copy CGW target session users do not need to request new target sessions although upon requesting the mandatory iLink 3 source session, a new target session may be automatically created to accommodate iLink order entry infrastructure load balancing and optimization considerations. Customers are requested to check for new automatically generated Drop Copy CGW target sessions.
  • Parallel period: During the parallel period which runs until December 31, 2024, CME Globex will support Drop Copy target sessions connected to both iLink 2 and iLink 3 CGW sessions. When iLink 2 is decommissioned on December 31, 2024, any Drop Copy target sessions with iLink 2 sessions only will be removed from the platform.
  • AutoCert+ Certification: Certification is not required for existing Drop Copy CGW session users.

Please review Mandatory iLink 3 Binary Order Entry Protocol for CGW for additional details.

UpdateGLink Network Infrastructure Upgrade in Aurora - February 3

† Denotes update to the article

The GLink Network Infrastructure Upgrade in Aurora will take place Saturday, February 3, *subject to testing results. This network upgrade consists of:

  • Replacement of the existing end of life (EOL) Juniper switches with new Arista switches which will use new customer ports and new CME Group IP addresses
  • Assignment of new GLink SiteIDs and Point-to-Point IPs by CME Group
  • Customers are required to reuse their original Juniper customer source IP addresses
  • Introduction of a new GLink Demarc Cable providing customers with equidistant connectivity to any rack unit (RU) in their cabinet

To ensure stability for our customers prior to launch, CME Group has instituted a full freeze. The freeze includes; move, add, change, and provision requests, and will last until February 2024. Juniper GLinks can no longer be ordered. Customers will be able to place orders for new GLinks on the Arista network during the freeze. Orders received during the freeze will be provisioned and activated in the order they were received after the launch.

The expanded Arista network will provide additional capacity to support future growth.  

In addition, the new GLink Demarc Cable will allow customers to optimize their CME Co-Location Licensed Space. CME Group has installed GLink Demarc Cables into customers' cabinets. The customer self-testing phase began January 12 and runs through Friday, January 26. For more information on customer self-testing go to the Client System Impact.

Please note that the Arista GLink network will not be live prior to customer self-test.

The launch of the new GLink network will happen over three weekends: two mock test weekends (both A and B ports can be tested each weekend) followed by the Go-Live weekend. Customer mock testing will be done on the Saturdays prior to the new network going live. To participate in either the Saturday, January 20, or Saturday January 27, mock trading sessions, please register. CME Group will open a conference bridge to support customers during the Saturday mock testing sessions. The conference bridge will be staffed from 8:00 a.m. to 12:00 p.m. CT. Please join by phone (US) +1 518 749 0506, PIN: 829684123.

An updated Client System Impact, with general dates and updated technical specifications, is now available. For questions or to discuss available migration options, please contact Global Account Management.

Please Note: If additional testing is required, the GLink Network Infrastructure Upgrade in Aurora will take place Saturday, February 10.

NewCo-location Visitors Traffic During Mock Testing 

In anticipation of heavy visitor and badge access traffic on mock test weekends, CME Group asks all customers to do the following to reduce the wait time for gaining access to both the front gate and data halls: 

  1. Pre-register your visitors as soon as possible to speed up the badging process.
  2. Utilize either the East gate off Eola or the North gate off Diehl to access the parking lot
    1. Please be sure all occupants of the vehicle have been listed on a visitor request or have their C1 badges (carpooling is encouraged where possible)
  3. All visitors must have a government issued photo ID to get through security and obtain a visitor badge
  4. Visitors must be escorted throughout their visit
  5. Please allow extra time upon arrival to get through security, testing opens at 8:00 a.m. CT

UpdateCash Settled Commodities Indices available via CME Benchmark Administration Premium - February 4

† Denotes update to the article

Effective †Sunday, February 4 (trade date Monday, February 5), CME Group will launch the Cash Settled Commodities Indices, as shown in the table below, on CME Benchmark Administration Premium. The messages for these indices will be sent on the Benchmark Administration Premium Simple Binary Encoding (SBE) Multicast channel ID 261 via SBE template MDIncrementalRefreshSettle401 same as the Petroleum Indices.

With this launch, the ITC Category Code Y - Cash Prices messages for these indices will be decommissioned effective Sunday, October 27 (trade date Monday, October 28).

Index Name Market Current ITC Ticker Current ITC Channel Future SBE Ticker
(tag 55- Symbol)
Future SBE Channel ID
Fresh Bacon Index CME IB 3 IBX 261
Lean Hog Index  CME IH 3 IHX 261
Pork Cutout Index  CME IJ 3 IJX 261
Boxed Beef Index CME IM 3 IMX 261

Please Note: The Feeder Cattle Composite Index (ICX) will continue to be sent via ITC Category Code Y - Cash Prices message.

These indices are currently available for customer testing in New Release.

iLink 3 Mass Quote Cancellation Change - February 25

Starting Sunday, February 25 (trade date Monday, February 26), CME Globex will implement an enhancement to the iLink 3 Mass Quote Cancellation for Market Segment Gateway (MSGW) sessions. Convenience Gateway (CGW) sessions are not impacted by this launch.

With this change, CME Globex will reject any Quote Cancel All (tag 35-MsgType =Z and tag 298-QuoteCancelType=4) message from a MSGW session not permissioned to quote any product group for the MarketSegmentID on which Quote Cancel All request was initiated. The Quote Cancel Reject (tag 35-MsgType=b and tag 297-QuoteStatus=5) message will include tag 300-QuoteRejectReason=9 (Not authorized to quote security) and tag 58-Text = Quote rejected: Not authorized to quote any group. Currently, CME Globex does not respond back to a Quote Cancel All request from a MSGW session not permissioned to quote any product group.

Market Segment ID Description Production Launch
50 CME Interest Rate Options February 25
52 CME FX Options
72 CBOT and CME Equity Options; excluding S&
54 CME Equity Options - S&P Options March 3
56 NYMEX Emissions Options; NYMEX Energy, Metals, Softs and Alternative Markets Options; COMEX Options; DME Options
58 CBOT Interest Rate Options
60 MGEX Commodity Options Bursa Malaysia Futures and Options
74 CME Crypto Futures and Options; Event Contracts

This change is currently available for customer testing in New Release.

CME Globex Order Entry Web Service APIs - Q1 2024

Clients now have access to CME Group futures and options on the new Order Entry Suite of APIs - Hosted by Google Cloud.

This solution is accessible over the public internet without the commitment of leased line or co-location investments. RESTful and WebSocket APIs with full order routing and instrument creation functionality deliver real-time trading and market exposure insight. This lightweight product is optimized for the needs of less latency sensitive traders and algorithms, while still offering fulsome functionality and utilizing the full suite of CME Globex risk and credit controls.

The OE APIs are made up of two Web Service APIs: RESTful and WebSocket. These APIs support:

  • Order Submission and Modifications
  • Strategy Creation (UDS) and Request for Quotes (RFQ) Capabilities
  • Order and Trade Status Request

Please review the Client Impact Assessment for full technical details and launch schedule.

This solution is currently available in the New Release environment; a production date will be announced in future notices.

Product Launches

Listing Natural Gas Spreads - This Week

Effective this Sunday, January 21 (trade date Monday, January 22), CME Group will add the following spreads for 24 months for the Natural Gas futures on CME Globex and for submission for clearing via CME ClearPort.

Listing Natural Gas Spreads
Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
MDP 3.0 tag 1151 - Security Group
Tag 762-
SecuritySubType
Henry Hub Natural Gas Futures vs. E-mini Natural Gas Futures NG NG AE (Fixed Price Ratio Inter-Commodity)

Please Note: With these changes, E-mini Natural Gas futures (QG) will have a Clearing Decimal Locator amendment (tag 9732-FormattedLastPx) that will be reflected on NYMEX Settlements and Valuations Channel (Channel 253) and the Benchmark Administrative Premium (Channel 261).

These spreads are currently available for customer testing in New Release.

These contracts are listed with, and subject to, the rules and regulations of NYMEX.

Gold, Silver, and Copper Weekly Tuesday and Thursday Options - This Week

Effective this Sunday, January 21 (trade date Monday, January 22), pending completion of all regulatory review periods, Gold, Silver, and Copper Weekly Tuesday and Thursday options will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

Gold, Silver, and Copper Weekly Tuesday and Thursday Options
PRODUCT MDP 3.0: TAG 6937-ASSET ILINK: TAG 55-SYMBOL
MDP 3.0 TAG 1151 - SECURITY GROUP
MARKET DATA CHANNEL
MDP 3.0 TAG 1180 - ApplID
Gold Weekly Tuesday Option G1T-G5T OG 361
Gold Weekly Thursday Option G1R-G5R OG 361
Silver Weekly Tuesday Option S1T-S5T SO 361
Silver Weekly Thursday Option R1S-R5S SO 361
Copper Weekly Tuesday Option H1T-H5T 1U 361
Copper Weekly Thursday Option H1R-H5R 1U 361

These options are currently available for customer testing in New Release.

These contracts are listed with, and subject to, the rules and regulations of COMEX.

European Low Sulphur Gasoil Futures-Style Margined Option - This Week

Effective this Sunday, January 21 (trade date Monday, January 22), pending completion of all regulatory review periods, European Low Sulphur Gasoil Futures-Style Margined option will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

European Low Sulphur Gasoil Futures-Style Margined Option
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)  
Market Data Channel
European Low Sulphur Gasoil Futures-Style Margined Option 7FO EP P2 383

This option is currently available for customer testing in New Release.

These contracts are listed with, and subject to, the rules and regulations of NYMEX.

Listing LNG Freight Futures (Baltic) based on the larger 174,000 cubic meter vessel size - January 28

Effective Sunday, January 28 (trade date Monday, January 29), pending completion of all regulatory review periods, these LNG Freight futures (Baltic) based on the larger 174,000 cubic meter vessel size will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

Listing LNG Freight Futures (Baltic) based on the larger 174,000 cubic meter vessel size
PRODUCT MDP 3.0: TAG 6937-ASSET ILINK: TAG 55-SYMBOL
MDP 3.0 TAG 1151 - SECURITY GROUP
MARKET DATA CHANNEL
MDP 3.0 TAG 1180 - ApplID
LNG Freight Route Australia to Japan RV (BLNG1-174) (Baltic) Futures BG1 FT 386
LNG Freight Route US Gulf to Continent RV (BLNG2-174) (Baltic) Futures BG2 FT 386
LNG Freight Route US Gulf to Japan RV (BLNG3-174) (Baltic) Futures BG3 FT 386

These futures will be available for customer testing in New Release on Monday, January 22.

These contracts are listed with, and subject to, the rules and regulations of NYMEX.

 

Listing S&P 500 Annual Dividend Options - January 28

Effective Sunday, January 28 (trade date Monday, January 29), pending completion of all regulatory review periods, S&P 500 Annual Dividend options will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

Listing S&P 500 Annual Dividend 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)
MARKET DATA CHANNEL
MDP 3.0 TAG 1180 – ApplID
S&P 500 Annual Dividend Options SDA 1S 3S 311

The variable minimum tick increment for S&P 500 Annual Dividend options will be as follows:

VARIABLE TICK TABLE INDEX CODE CME GLOBEX PRICE CME GLOBEX TICK SIZE
16 -5000 ≤ P ≤ 5000 25
16 P < -5000 50
16 P > 5000 50

The Variable Tick Table (VTT) values are defined in the instrument’s Security Definition Message (tag 35-MsgType=d) in tag 6350-TickRule tick table value as described on the Client Systems Wiki.

This option is currently available for customer testing in New Release.

These contracts are listed with, and subject to, the rules and regulations of CME.

NewEnable Implied Functionality for Eris Calendar Spreads - February 25

Effective Sunday, February 25 (trade date Monday, February 26), pending completion of all regulatory review periods, implied functionality for the following Eris Spreads will be enabled on CME Globex.

ENABLE IMPLIED FUNCTIONALITY FOR ERIS Calendar Spreads
PRODUCT MDP 3.0: TAG 6947-ASSET ILINK: TAG 55-SYMBOL
MDP 3.0 TAG 1151 - SECURITY GROUP
TAG 762-SECURITYSUBTYPE
1-Year Eris SOFR Swap Futures YIA EB SP - Standard Calendar Spread
2-Year Eris SOFR Swap Futures YIT EB SP - Standard Calendar Spread
3-Year Eris SOFR Swap Futures YIC EB RT - Reduced Tick
4-Year Eris SOFR Swap Futures YID EB RT - Reduced Tick
5-Year Eris SOFR Swap Futures YIW EB RT - Reduced Tick
7-Year Eris SOFR Swap Futures YIB EJ RT - Reduced Tick
10-Year Eris SOFR Swap Futures YIY EJ RT - Reduced Tick
12-Year Eris SOFR Swap Futures YII EJ RT - Reduced Tick
15-Year Eris SOFR Swap Futures YIL EK RT - Reduced Tick
20-Year Eris SOFR Swap Futures YIO EK RT - Reduced Tick
30-Year Eris SOFR Swap Futures YIE EK RT - Reduced Tick

Implied eligible instruments, are identified in the MDP 3.0 Security Definition (tag 35-MsgType=d), in repeating group tag 871-InstAttribType:

  • tag 872-InstAttribValue= 19: Implied Matching Eligibility

This change will be available for customer testing in New Release on Monday, February 19.

These contracts are listed with, and subject to, the rules and regulations of CBOT.

NewEnable Implied Functionality for TBA-UST Spreads - March 17

Effective Sunday, March 17 (trade date Monday, March 18), pending completion of all regulatory review periods, implied functionality for the following TBA-UST Spreads will be enabled on CME Globex.

ENABLE IMPLIED FUNCTIONALITY FOR TBA-UST Spreads
PRODUCT MDP 3.0: TAG 6947-ASSET ILINK: TAG 55-SYMBOL
MDP 3.0 TAG 1151 - SECURITY GROUP
TAG 762-SECURITYSUBTYPE
30-Year UMBS TBA Futures - 2.0% Coupon Spread to 10-Year Note Futures  UPN  IV IV - Implied Intercommodity Spread
30-Year UMBS TBA Futures - 2.5% Coupon Spread to 10-Year Note Future UQN  IV IV - Implied Intercommodity Spread
30-Year UMBS TBA Futures - 3.0% Coupon Spread to 10-Year Note Future  URN IV IV - Implied Intercommodity Spread
30-Year UMBS TBA Futures - 3.5% Coupon Spread to 10-Year Note Future UTN IV IV - Implied Intercommodity Spread
30-Year UMBS TBA Futures - 4.0% Coupon Spread to 10-Year Note Future  UUN  IV IV - Implied Intercommodity Spread
30-Year UMBS TBA Futures - 4.5% Coupon Spread to 10-Year Note Future  NTU  IV IV - Implied Intercommodity Spread
30-Year UMBS TBA Futures - 5.0% Coupon Spread to 10-Year Note Future THN  IV IV - Implied Intercommodity Spread
30-Year UMBS TBA Futures - 5.5% Coupon Spread to 10-Year Note Future  UVN IV IV - Implied Intercommodity Spread
30-Year UMBS TBA Futures - 6.0% Coupon Spread to 10-Year Note Future  UWN IV IV - Implied Intercommodity Spread
30-Year UMBS TBA Futures - 6.5% Coupon Spread to 10-Year Note Future  UYN IV IV - Implied Intercommodity Spread

Implied eligible instruments, are identified in the MDP 3.0 Security Definition (tag 35-MsgType=d), in repeating group tag 871-InstAttribType:

  • tag 872-InstAttribValue= 19: Implied Matching Eligibility

This change will be available for customer testing in New Release on Monday, February 26.

These contracts are listed with, and subject to, the rules and regulations of CBOT.

Bursa Malaysia DCE Soybean Oil Futures - March 17

Effective Sunday, March 17 (trade date Monday, March 18), subject to receipt of regulatory approval prior to such date, the Bursa Malaysia DCE Soybean Oil futures and spreads will be made available for trading on CME Globex.

Bursa Malaysia Derivatives (BMD) DCE Soybean Oil Futures
PRODUCT MDP 3.0: TAG 6937-ASSET ILINK: TAG 55-SYMBOL
MDP 3.0 TAG 1151 - SECURITY GROUP
MARKET DATA CHANNEL
Bursa Malaysia DCE Soybean Oil Futures FSOY B0 430

These changes are currently available for customer testing in New Release.

These contracts are listed with, and subject to, the rules and regulations of BMD.

Product Changes

NewDelisting and Removal of Coal (API 4) FOB Richards Bay (ARGUS/McCloskey) Futures - January 12

On Friday, January 12, the following Coal (API 4) FOB Richards Bay (ARGUS/McCloskey) futures were delisted and removed from CME Globex.

Delisting and Removal of Coal (API 4) FOB Richards Bay (ARGUS/McCloskey) Futures
Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
MDP 3.0 tag 1151 - Security Group
Coal (API 4) FOB Richards Bay (ARGUS/McCloskey) Futures MFF CO

These futures currently have no open interest.

Changes to Event Contracts on CME Globex - January 28

Effective Sunday, January 28 (trade date Monday, January 29), pending completion of all regulatory review periods, Event Contracts will be amended as follows on CME Globex:

  • Change to Unit of Measure
  • Change to Minimum Price Increment
  • Change to fixed Payout
Changes to Event Contracts on CME Globex
PRODUCT MDP 3.0: TAG 6937-ASSET ILINK: TAG 55-SYMBOL
MDP 3.0 TAG 1151 - SECURITY GROUP
Current Tag 1147 - UNITOFMEASUREQTY NEW Tag 1147 - UNITOFMeASUREQTY Current MDP 3.0: Tag 969 - MINPRICEINCREMENT NEW MDP 3.0: Tag 969 - MINPRICEINCREMENT
Event Contracts on E-mini S&P 500 Futures ECES VE 20 100 25 100
Event Contracts on E-mini Nasdaq-100 Futures ECNQ VN 20 100 25 100
Event Contracts on E-mini Russell 2000 Futures ECRTY VR 20 100 25 100
Event Contracts on E-mini Dow Jones Industrial Average Futures ECYM VM 20 100 25 100
Event Contracts on Euro/U.S. Dollar (EUR/USD) Futures EC6E V6 20 100 25 100
Event Contracts on Gold Futures ECGC VG 20 100 25 100
Event Contracts on Silver Futures ECSI VS 20 100 25 100
Event Contracts on Copper Futures ECHG VH 20 100 25 100
Event Contracts on Light Sweet Crude Oil Futures ECCL VC 20 100 25 100
Event Contracts on Henry Hub Natural Gas Futures ECNG VA 20 100 25 100
Event Contracts on Bitcoin Futures ECBTC VB 20 100 25 100

With these changes, the Event Contract fixed payout will be amended from $20 to $100.

Additional information can be referenced in SER 9307.

These contracts are currently available for customer testing in New Release.

These contracts are listed with, and subject to, the rules and regulations of CME, CBOT, COMEX, and NYMEX. 

 

Changes to Listing Schedule and Strike Listing for Event Contracts on CME Globex - January 28

Effective Sunday, January 28 (trade date Monday, January 29), pending completion of all regulatory review periods, Event Contracts will be amended as follows on CME Globex:

  • Change to Listing Schedule
  • Change to Strike Price Listing
Changes to Listing Schedule and Strike Listing for Event Contracts on CME Globex
PRODUCT MDP 3.0: TAG 6937-ASSET ILINK: TAG 55-SYMBOL
MDP 3.0 TAG 1151 - SECURITY GROUP
Current Listing Schedule New Listing Schedule Current Strike Price Listing New Strike Price Listing
Event Contracts on E-mini S&P 500 Futures ECES VE One 0 DTE Event Contract listed at any time   One 0 DTE Event Contract. One Event Contract expiring on the last business day of Mar, Jun, or Sep. One Event Contract expiring on the last business day of the calendar year. 10 strikes at $10.00 increment above and below the at-the-money strike, then 2 strikes at $25.00 increment above and below the highest and lowest $10.00 increment strike, then 2 strikes at $50.00 increment above and below the highest and lowest $25.00 increment strike.
Upon demand and at the discretion of the exchange, additional strikes added in $10.00 and $25.00 increments.
Strikes listed for 20% above the at-the-money strike and 25% below the at-the-money strike at 100 index point increments.
When less than 66 days remain until expiration (DTE), additional strikes listed for 10% above the at-the-money strike and 15% below the at-the-money strike at 50 index point increments.
When less than 14 days remain until expiration (DTE), additional strikes listed for 5% above the at-the-money strike and 10% below the at-the-money strike at 25 index point increments.
When less than 7 days remain until expiration (DTE), additional strikes listed for 2% above the at-the-money strike and 4% below the at-the-money strike at 10 index point increments.
Additional strikes may be listed for trading, and strikes scheduled to be listed for trading may be suspended at the sole discretion of the Exchange.
Event Contracts on E-mini Nasdaq-100 Futures ECNQ VN One 0 DTE Event Contract listed at any time One 0 DTE Event Contract. One Event Contract expiring on the last business day of Mar, Jun, or Sep. One Event Contract expiring on the last business day of the calendar year. 10 strikes at $50.00 increment above and below the at-the-money strike, then 2 strikes at $100.00 increment above and below the highest and lowest $50.00 increment strike, then 2 strikes at $250.00 increment above and below the highest and lowest $100.00 increment strike.
Upon demand and at the discretion of the exchange, additional strikes added in $50.00 increments.
Strikes listed for 20% above the at-the-money strike and 25% below the at-the-money strike at 500 index point increments.
When less than 66 days remain until expiration (DTE), additional strikes listed for 10% above the at-the-money strike and 15% below the at-the-money strike at 250 index point increments.
When less than 14 days remain until expiration (DTE), additional strikes listed for 5% above the at-the-money strike and 10% below the at-the-money strike at 100 index point increments.
When less than 7 days remain until expiration (DTE), additional strikes listed for 2% above the at-the-money strike and 4% below the at-the-money strike at 10 index point increments.
Additional strikes may be listed for trading, and strikes scheduled to be listed for trading may be suspended at the sole discretion of the Exchange.

With these changes, the futures Syntheic Listing Cycle will be amended as follows on CME Globex:

Changes to Futures Synthetic Listing Cycle
PRODUCT MDP 3.0: TAG 6937-ASSET ILINK: TAG 55-SYMBOL
MDP 3.0 TAG 1151 - SECURITY GROUP
Current Listing Cycle NEW Listing Cycle
E-mini S&P 500 Futures Synthetic ECES 0C 2 Quarterly Months 5 Quarterly Months
E-mini Nasdaq-100 Futures Synthetic ECNQ

These contracts are currently available for customer testing in New Release.

These contracts are listed with, and subject to, the rules and regulations of CME.

 

Listing Cycle Expansion for Light Sweet Crude Oil vs. Brent Last Day Financial Futures IP Spread - January 28

Effective Sunday, January 28 (trade date Monday, January 29), the listing cycle for the following CL vs. BZ IP spreads will be expanded on CME Globex.

Listing Cycle Expansion for Light Sweet Crude Oil vs. Brent Last Day Financial Futures IP Spread
Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
MDP 3.0 tag 1151 - Security Group
Current Listing Schedule New Listing Schedule
Light Sweet Crude Oil/Brent Last Day Financial Futures vs. Light Sweet Crude Oil/Brent Last Day Financial Futures (deferred) CL IE All 1-month calendar spreads for months 1-12
1 Mar, 1 Jun & 1 Sep spread separated by 3 months
1 Jun & 1 Dec spread separated by 6 months
1 Jun & 1 Dec spread separated by 12 months
All calendar spreads combinations for months 1-13
1 Jun & 1 Dec spread separated by 6 months
1 Jun & 1 Dec spread separated by 12 months

These products will be available for customer testing in New Release on Monday, January 22.

These contracts are listed with, and subject to, the rules and regulations of NYMEX.

Listing Cycle Expansion for Molybdenum Oxide (Fastmarkets) Futures - January 28

Effective Sunday, January 28 (trade date Monday, January 29), the listing cycle for the following Molybdenum Oxide (Fastmarkets) futures will be expanded on CME Globex.

Listing Cycle Expansion for Molybdenum Oxide (Fastmarkets) Futures
Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
MDP 3.0 tag 1151 - Security Group
Current Listing Schedule New Listing Schedule
Molybdenum Oxide (Fastmarkets) Futures MOX MU Monthly expiries for the current year and the next calendar year. Monthly expiries for the current year and the next 2 calendar years.

These futures will be available for customer testing in New Release on Monday, January 22.

These contracts are listed with, and subject to, the rules and regulations of COMEX.

Listing Cycle Expansion for HTT vs. WTT Inter-Commodity Strip Spreads - January 28

Effective Sunday, January 28 (trade date Monday, January 29), the listing cycle for the following HTT vs. WTT Inter-Commodity Strip Spreads will be expanded on CME Globex.

Listing Cycle Expansion for HTT vs. WTT Inter-Commodity Strip Spreads
Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
MDP 3.0 tag 1151 - Security Group
Current Listing Schedule New Listing Schedule
WTI Houston (Argus) vs. WTI Trade Month Futures (HTT) / WTI Midland (Argus) vs. WTI Trade Month Futures (WTT) HTT CC 1 3-leg Q1 Strip Spread
1 3-leg Q2 Strip Spread
1 3-leg Q3 Strip Spread
1 3-leg Q4 Strip Spread
1 3-leg Q1 Strip Spread
1 3-leg Q2 Strip Spread
1 3-leg Q3 Strip Spread
1 3-leg Q4 Strip Spread
2 6-leg Jan half-yearly strip spreads
2 6-leg Jul half-yearly strip spreads
2 12-leg yearly strip spreads

These products are currently available for customer testing in New Release.

These contracts are listed with, and subject to, the rules and regulations of NYMEX.

Renaming Micro Yield Futures - February 4

Effective Sunday, February 4 (trade date Monday, February 5), the Micro Yield futures will be renamed to Yield futures.

Renaming Micro Yield Futures
Current Product Name New Product Name iLink: tag 1151-Security Group
MDP 3.0: tag 6937-Asset
iLink: tag 55-Symbol
MDP 3.0 tag 1151 - Security Group
Micro 2-Year Yield Futures 2-Year Yield Futures 2YY 2Y
Micro 5-Year Yield Futures 5-Year Yield Futures 5YY 5Y
Micro 10-Year Yield Futures 10-Year Yield Futures 10Y 4Y
Micro 30-Year Yield Futures 30-Year Yield Futures 30Y 6Y

Please Note: No changes are being made to the contract specifications.

These contracts are listed with, and subject to, the rules and regulations of CBOT.

Change to Maximum Order Quantity for Brazilian Real/US Dollar (BRL/USD) Futures - February 11

Effective Sunday, February 11 (trade date Monday, February 12), the maximum order quantity for Brazilian Real/US Dollar (BRL/USD) futures and related spreads will be changed as follows:

Change to Maximum Order Quantity for Brazilian Real/U.S. Dollar (BRL/USD) Futures
Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
MDP 3.0 tag 1151 - Security Group
Current
tag 1140-MaxTradeVol
New
tag 1140-MaxTradeVol
Brazilian Real/U.S. Dollar (BRL/USD) Futures 6L 6L  2500  5000

Please Note: No GTD/GTC orders will be cancelled.

This change will be made available for customer testing in New Release on Monday, January 29.

These contracts are listed with, and subject to, the rules and regulations of CME.

Events and Announcements

CME Group Settlement File and Daily Bulletin Modifications - April 1

To ensure client readiness for the changes to CME Group Settlement Files and Daily Bulletin, the decommission of the following folders has been postponed until Monday, April 1.

As a result, CME Group will be making this information available to clients in the following ways:

  • Daily Bulletin: CME Group Daily Bulletin files will continue to be available via the Daily Bulletin web page.
  • Settlement Files: CME Group daily Settlement Files are available via the CME DataMine platform. Please take note the publication times of these files will be midnight Central Time (CT) but will continue to be available free of charge. For those that require daily Settlement Files before midnight, the end of day file is available via CME DataMine with paid subscription. 

Clients with real-time or delayed market data licenses who receive their data via CME MDP 3.0 Market DataCME Group Data on Google Pub/Sub, or an authorized distributor of CME Group market data, may expect settlement publication times to remain unchanged.

More information on access options to settlement data, including CME DataMine, is now available in the FAQ.

Contemporaneous with these changes, settlement prices on cmegroup.com product pages will also be published at midnight CT.

You are encouraged to assess your firms’ requirements as soon as practicable to ensure there is no material disruption to the use of data procured from the CME Group FTP site today.

For more information, contact marketdata@cmegroup.com.

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

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