Drop Copy Groups

Using Request Center- Drop Copy, authorized users can create Drop Copy groups to receive trading activity communications (Execution, Order, Acknowledgment) via the iLink order entry gateway.

Target Sessions

Source Sender Comps

To receive Messages at multiple related entities, configure drop copy groups (target sessions) with one or more source sendercomp sessions.

Example: Clearing firms only receive messages related to activity which they clear.

Creating a Drop Copy Group

Use the Drop Copy function to configure an entity to receive real-time copies of session and trading activity messages.

The Drop Copy Group creation process consists of the following steps:

  1. Select Registered Entity
  2. Specify Group Name
  3. Select Front End System
  4. Select Filters
  5. Add Source Sender Comps
  6. Submit
  • To create a Drop Copy Group:
  1. From the Futures & Options Requests menu, select Drop Copy Groups.

  1. Select a Registered Entity to manage.

  1. Select Create New Group.

(if applicable) A dialog indicates the number of existing Drop Copy groups and the fee for creating a new group.

Note: Customers receive one free Drop Copy Group, a fee is incurred for each additional instance.
A single Drop Copy Convenience Gateway (CGW) target can have up to 1000 CGW sendercomps.
A single Drop Copy Market Segment (MSGW) target can have up to 5000 MSGW sendercomps.

  1. To continue, select Proceed.
  2. On the page that appears specify the Drop Copy Group Name and Front End System to monitor.
  1. For the Mandatory / Optional Filters field, select communication types.

Available communication types:

  • Acknowledgement (Ack) Messages.
  • Execution Reports.
  • Execution - Order Entry: New Order Acknowledgement message.
  • Execution - Create / Cancel / Modify: Response message.
  • Execution - Elimination: Order expiration message.
  • Trade - Fill Notice: Complete and partial fills.
  • Trade - Trade Cancel: Notifies user of trade cancellation.
  • Heartbeats: The response message that confirms connectivity.
  • MGEX: Minneapolis Grain Exchange
  • Order Mass Action Filter: Confirms the number of canceled orders.
  • Reject Messages: Message indicates a session level error has occurred.
  • Trade Busts: Trade cancellation: (see Trade Cancel, above).

Note: Using session configuration information provided, selected communications are routed to the Source SenderComp / Session IDs.

    Select Add Source SenderComps:

    Filter by Globex Firm or Rules (optional).

    Select from the available Source SenderComps- click Add.

  1. To finalize, select Submit.

Submitted requests are available from the Request Center - My Requests and initially assigned an In Progress status.

After validation and setup, the status changes to Completed and the Drop Copy Group appears in the Drop Copy Group > Registered Entity list.

Note: For additional assistance, contact Global Account Management.

Using the CME Globex Drop Copy Group functionality users can view and manage existing Drop Copy Groups.

  • To edit Drop Copy group details:
  1. From the Futures & Options Requests menu, select Drop Copy Groups and a Registered Entity.

  1. Select a Drop Copy Groupto edit.

  1. Select Edit, then update Drop Copy Group details as required:

  • Drop Copy Group Name
  • Front End Systems
  • Mandatory / Optional Filters; available to designated entity administrators
  • Target Sessions: View-only session configuration details.

To view Public Key ID details, select Show.

  • Add Source SenderComps by Rule: Select firm(s) as required.

  1. To finalize updates, select Submit.

Additional Option:

  • Deleting Drop Copy Groups - Select Drop Copy Group(s), click Delete Group(s).

An additional delete function is available from the Target Sessions tab.

Secure Key Pairs

CME Group uses a secure login process for Drop Copy and Order Entry API services.

Using self-service functions, users can generate and manage key pairs (Access Key IDClosedSecure login request + Secret KeyClosedUsed to create HMAC signature.) to secure user login and Drop Copy message activity.

  • Customer identity verification: Login is signed with CME Group issued and validated security credentials.
  • Message confidentiality and integrity: CME Globex uses customer submitted credentials to calculate the HMAC value to validate against a login request.
  • Once created, credentials are accessible and available for multiple downloads.
  • In situations when a secure key is within four weeks of expiration, a user can have two secure key pairs.

Notification of pending security credential expiration will be sent by email to registered administrators.

  • If a customer generates a third secure key pair:
  • The user must delete a secure key pairs immediately.
  • The oldest secure key pair will expire in four weeks (at market close).

For security reasons, CME Group requires customers to change their security credentials every 12 months.

Authorized users can use Request Center - Drop Copy functions to generate private security keys to secure Drop Copy message activity.

Following is an overview of the secure key management process, including available functions:

  1. From the Request Center menu, select Futures & Options Requests > Drop Copy Groups.

  1. Select Registered Entity, then select a Drop Copy Group to manage.

  1. Select a Target Session, then select Manage Keys for Selected Sessions > Generate Keys.

  1. From the dialog that appears, select Generate Key.

The dialog refreshes with the Key ID and Expiration Date.

  1. Before downloading the key, confirm your identity by completing multi-factor identification (only one):

A confirmation banner appears, an email confirmation is sent to the registered address and the request is added to My Requests.

  1. From the saved file, view the corresponding Secure Key, which is used for securing Drop Copy Sessions.

Additional Options:

  • Delete Keys: Select and confirm deletion.

  • Download Keys: Download the cryptographic key as a flat text file.