• CME Account Manager Notices: November 21, 2017

      • To
      • CME Account Manager Users
      • From
      • Global Market Solutions and Services
      • #
      • 20171121
      • Notice Date
      • 21 November 2017
    • Topics in this issue include:

      New - Market Types for Cash-Settled OTC FX Options

      The following market types are currently available to support cash-settled OTC FX options. 

      Market Type Supported Product Price Quote Currency Trading unit Calendar
      OTC FXO CAD

      Cleared WMR USD/CAD European Option (USDCAN.CME) 

      CAD USD BANKING - CANADA
      OTC FXO CHF

      Cleared WMR USD/CHF European Option (USDSFN.CME) 

      CHF USD BANKING - SWISS
      OTC FXO JPY

      Cleared WMR USD/JPY European Option (USDJYN.CME) 

      JPY USD BANKING - JAPAN
      OTC FXO GBP Cleared WMR EUR/GBP European Option (EURBPN.CME) GBP EUR BANKING - LONDON
      OTC FXO USD

      Cleared WMR EUR/USD European Option (EURUSN.CME) 

      USD EUR BANKING - NYC
       Cleared WMR AUD/USD European Option (AUDUSN.CME)  USD AUD BANKING - NYC

      Cleared WMR GBP/USD European Option (GBPUSN.CME) 

      USD GBP BANKING - NY

      This enhancement is available for testing in New Release.

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      New - Updates to Trading Sub Account Administration

      Effective Sunday, December 3 (trade date Monday, December 4) to simplify administration of Trading Sub Accounts, the following changes will be implemented for Trading Sub Accounts and the "parent" Customer Accounts they are associated with.

      Trading Sub Accounts

       The following updates will apply to managing the associated Trading Sub Accounts:

      • Creating Trading Sub Accounts:
        • The Trader Risk Administrator must have the same entitlements for all services that are enabled for the Customer Account to create associated Trading Sub Accounts. For example, if CME ClearPort and CME Direct (Globex) are enabled for a Customer Account, the Trader Risk Administrator must also be entitled for CME ClearPort and CME Direct (Globex) to create Trading Sub Accounts.
        • All services associated with the Customer Account will be inherited by the Trading Sub Account.
          • Services on a Trading Sub Account cannot be added or removed.
      • Modifying Trading Sub Accounts:
        • Credit controls and Broker / Trader selections on a Trading Sub Account can be only edited by a Trader Risk Administrator with entitlements for the associated service. For example, if a Trading Sub Account is enabled for CME ClearPort and CME Direct (Globex), but the Trader Risk Administrator is only entitled for CME ClearPort, then they can only edit information associated with CME ClearPort.
        • A Trader Risk Administrator modifying a Trading Sub Account under a Delegated Intermediary (DI) Customer Account must be entitled for all services the Cutomer Account is enabled for.
      • Deleting / Updating Status for Trading Sub Accounts:
        • A Trader Risk Administrator deleting or changing the active/inactive status of a Trading Sub Account must be entitled for all services that the Customer Account is enabled for.

      Customer Account

      The following updates will apply to managing the Customer Account:

      • Services added or removed from a Customer Account will be automatically persisted to the Trading Sub Accounts.
      • If a Customer Account has associated Trading Sub Accounts:
        • The account owner on the Customer Account cannot be edited.
        • The Customer Account cannot be deleted.
      • Customer Account with associated Trading Sub Accounts cannot be edited using the Account Upload option.

      These enhancements will be available for customer testing in New Release on Wednesday, November 22.

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      Information Security Update

      CME Group is committed to our customers’ information security. To deliver the best security and customer experience, effective Sunday, December 17 (trade date Monday, December 18), the listed CME Group services will support Transport Layer Security (TLS) version 1.2 only, and TLS 1.0 and 1.1 will be disabled. Customers are encouraged to upgrade to TLS 1.2 immediately; please contact your system administrator or network provider today to ensure seamless access.

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