• CME ConfirmHub Notices: May 18, 2016

      • To
      • CME ConfirnHub Customers
      • #
      • 20160518
      • Notice Date
      • 18 May 2016
    • Topics in this issue include:

      New - CME ConfirmHub: Trade Information to be Archived

      Effective Sunday, July 17 (trade date Monday, July 18), to improve real-time blotter and report performance, trade information more than two years old will be archived.

      CME ConfirmHub will maintain a rolling 2-year trade data history thereafter.

      Impacted reports and information retrieval include:

      • CME ConfirmHub GUI:
        • Trade Grid (blotter)
        • Submission history
        • Events monitoring
      • CME ConfirmHub API
        • GetDeals
        • GetEvents

      Archived data will be available by request via the Global Command Center (GCC), U.S. +1 800 438 8616, in Europe at +44 800 898 013 or Asia at +65 6532 5010.

      This update will be performed in New Release on Wednesday, July 6.

      New - CME ConfirmHub Decommissioning and Functional Transition to CME STP

      Effective December 31, 2016, CME ConfirmHub Portal and most features of the CME ConfirmHub API are slated to be decommissioned in order to simplify and harmonize CME Group’s post-trade portfolio management capabilities. To continue to support trade submission and viewing, many CME ConfirmHub features will be transitioned to CME STP.

      Post-transition, only Bilateral and Cleared elsewhere trade submission capabilities will be available on CME ConfirmHub API.  The following features will be available on CME STP:

      • Confirmations from CME Group to the Client for Bilateral and Cleared Elsewhere deals
      • A new CME STP User Interface for viewing cleared trade records and trade confirmation letters

      Please note:

      • CME ConfirmHub currently supports both exchange and broker-submitted versions of CME cleared trades. To streamline processing and minimize redundant data, CME STP will harmonize around a single exchange version optionally enriched with broker fee data. Enhancements to CME Direct and CME ClearPort API will allow brokers to submit trades for CME clearing which have been enriched with broker fee data.
      • All CME ConfirmHub API messages include a robust set of product reference data attributes. CME STP will support the following:
        • Exchange-defined product codes for all exchange-traded transactions (CME-cleared and cleared-elsewhere).  Comprehensive product reference data to be provided through alternative means by respective exchanges.
        • A robust set of product reference data attributes for Bilateral transactions

      Trading Firm and Broker Firm Required Actions:

      • Trading Firms must migrate to CME STP from CME ConfirmHub by the end of the year to retrieve CME Cleared, Bilateral, and Cleared Elsewhere confirmations. See more here.
      • Broker Firms must enrich CME Cleared transactions with broker fees, if applicable, and submit all CME Cleared transactions using either CME Direct or CME ClearPort API. Bilateral and Cleared Elsewhere deals will continue to be submitted via ConfirmHub API. See more here.

      For questions or to start the migration process, please contact STP@cmegroup.com, in the U.S. at +1 212 299 2361 and in Europe at +44 20 3379 3797.

      Please review the client impact assessments for information the following:

      For any other testing or certification questions, please contact Certification Support for Electronic Trading (CSET) in the U.S. at +1 312 930 2322, in Europe at +44 20 3379 3803 or in Asia at +65 6593 5593.