Electronic Trading (CME Globex)

Update - Settlement Prices for FX Future Markers - Partially Postponed

To: CME Globex and Market Data Customers

From: Global Market Solutions & Services (GMSS)

# 20250404

Notice Date: 04 April 2025

† Denotes update to the article

† The Settlement Prices for FX Future Markers for 3PM Tokyo markers, previously scheduled for this Sunday, April 6 (trade date Monday, April 7), will be postponed. 4PM New York Markers will launch as scheduled. Further updates will be provided in future Globex Notices.

The previously distributed notice related to this update is available below.

Effective this Sunday, April 6 (trade date Monday, April 7), settlement prices for non-tradable FX future markers will be disseminated on CME Globex.

FX markers provide informational reference points that participants can use to calculate internal valuations of corresponding futures positions. For more information and calculation methodology, please visit the FX Marker webpage.

The settlements on non-tradable marker products will be published approximately at 4:00 p.m. New York Time or 3:00 p.m. Tokyo Time. The prices will be rounded to the tradable tick and published to CME Group website.

Markers are sent in the MDP 3.0 Market Data Incremental Refresh (tag 35-MsgType=X) with the following attributes:

  • Tag 279- MDUpdateAction will be set to 0 = New
  • Tag 269-MDEntryType will be set to 6 = Settlement Price
  • Tag 5796-Trading Reference will display the date for which the marker price was calculated

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

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

 

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