• CME ConfirmHub Notices

      • To
      • CME ConfirmHub Customers
      • From
      • Global Account Management
      • #
      • 20161130
      • Notice Date
      • 30 November 2016
    • Topics in this issue include:

      Final Notice: CME ConfirmHub Decommission and Functional Transition to CME STP

      Effective Saturday, 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.

      The following features are now available on CME STP:

      • Confirmations from CME Group to the client for bilateral and cleared-elsewhere deals
      • A new CME STP User Interface (CME STP Trade View) for viewing cleared trade records and trade confirmation letters

      Post-transition, only bilateral and cleared-elsewhere trade submission capabilities will be available on CME ConfirmHub API.

      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 CME 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.

      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

      CME STP Data Retention Guidelines

      CME Trade View (CME STP UI) retains one (1) month of trade data and confirm letters. If you require historical trade data from CME ConfirmHub for archival purposes, please pull this data from CME ConfirmHub prior to Saturday, December 31, 2016.