• CME Globex Notices: December 12, 2016

      • To
      • CME Globex and Market Data Participants
      • From
      • Global Account Management
      • #
      • 20161212
      • Notice Date
      • 12 December 2016
    • Topics in this issue include:

       

      Critical System Updates

      User-Defined Instruments Expansion

      Effective this Sunday, December 18 (trade date Monday, December 19), User-Defined Instruments (UDI) will be listed on CME Globex whenever the option strike is created on CME ClearPort for trade submission. With this launch, UDIs may be published on any options channel.

      UDIs are disseminated with the Market Data Security Definition (tag 35-MsgType=d) message with tag 9779-UserDefinedInstrument=Y. Customers can submit quotes and orders against the UDI and also incorporate the UDI into User-Defined Spreads.

      Flex options created on the trading floor will not be added to CME Globex.

      This enhancement is currently available for customer testing in New Release.

      Back to Top

       

      Update - Final Theoretical Settlements Decommission on CME Globex

      † Denotes update to the article

      Effective this Sunday, December 18 (trade date Monday, December 19), Final Theoretical settlement prices will no longer be published on MDP 3.0 Incremental Refresh messages.

      These prices are only sent for illiquid instruments with no open interest. With this change, MDP 3.0 will no longer publish Incremental Refresh messages with tag 731-SettlPriceType=00000001.

      †Initial prices on Sunday can be provided as Final Theoretical settlements on the Market Data Security Definition (tag 35-MsgType=d) messages. This change has no effect on preliminary or Final Actual settlement prices. Tag 731 will be fully supported with the Settlement Enhancement launch.

      Back to Top

       

      Market By Order Market Data

      Effective Sunday, January 8 (trade date Monday, January 9), to increase market transparency and customer choice, CME Group will continue the rollout Market by Order (MBO) for CME Globex markets.

      Market Data Platform with MBO will feature:

      • Ability to view individual queue position and size of individual orders at a price while remaining anonymous
      • Existing channels enhanced to provide both MBO and MBP data on a single feed
      • CME Direct support
      • Exchange and asset class roll out model

      The client impact assessment provides functionality and messaging information.

      MBO is now available in New Release for customer testing. Please view the updated MBO rollout schedule for production.

      With the introduction of MBO overall incremental feed bandwidth is expected to increase 30-40%. During peak times the number of incremental feed packets per millisecond may increase up to 40-50%.

      The MBO certification suite is now available in AutoCert+ for customer testing. Customer systems who choose to process MBO via CME Globex must complete this certification.

      At the close of business on Friday, December 16, Market by Order (MBO) functionality will be disabled in New Release for CME Globex FX Futures and CME Globex FX Options on MDP 3.0 channel 314 and 315 to facilitate customer testing of Triangulation.

      Back to Top

       

      Indicative Opening Enhancements

      Effective Sunday, January 8 (trade date Monday, January 9), CME Group continues implementing the enhancement to Indicative Opening behavior to increase transparency and provide market participants with Indicative Opening Quantity. With this enhancement, a new MDP3 Indicative Opening Quantity (IOQ) statistic will be sent with the Indicative Opening Price (IOP). The tag will represent the probable aggregated quantity of all orders executed during the opening. The IOQ will include max show and stop order quantity.

      Along with this change, the logic for calculating the book quantity during the pre-open and reserve states will also be updated.

      The client impact assessment provides dates, functionality and messaging information.

      Indicative Opening Enhancements is now available in New Release for customer testing. Please view the Indicative Opening Enhancements Rollout Schedule for production launch dates.

      Please contact your Global Account Manager with any questions or concerns in the U.S. at +1 312 634 8700, in Europe at +44 203 379 3754 or in Asia at +65 6593 5505 for additional information.

      Back to Top

       

      Trade Summary OrderID Opt-in Update

      Effective Sunday, January 8 (trade date Monday, January 9), to increase transparency and simplify CME Globex functionality, all tag 37-OrderID values will be published in the Market Data Incremental Refresh Trade Summary messages.

      With this release, iLink will no longer support FIX tag 1091-PreTradeAnonymity. CME Globex will not send tag 1091 to client systems, even when submitted on the original message.

      Trade Summary OrderID Opt-in Release Schedule
      Channel Number Channel Name Production Date
      385 NYMEX Globex Metals, Softs, & Alternative Market Options Sunday, January 8, 2017
      361 COMEX Globex Options
      380 NYMEX Globex Emissions Futures
      381 NYMEX Globex Emissions Options
      440 DME Globex Futures
      441 DME Globex Options
      382 NYMEX Globex Crude & Crude Refined Futures Sunday, January 22, 2017
      383 NYMEX Globex Crude & Crude Refined Options
      386 NYMEX Globex Nat Gas & other Non-Crude Energy Futures
      387 NYMEX Globex Nat Gas & other Non-Crude Energy Options
      410 CME Europe Globex Futures
      411 CME Europe Globex Options
      340 CBOT Globex Commodity Futures Sunday, March 26, 2017
      346 CBOT Globex Commodity Futures II
      341 CBOT Globex Commodity Options
      342 CBOT Globex Equity Index Futures
      343 CBOT Globex Equity Index Options
      344 CBOT Globex Interest Rate Futures
      345 CBOT Globex Interest Rate Options
      460 MGEX Globex Futures
      461 MGEX Globex Options
      310 CME Globex Equity Futures
      311 CME Globex Equity Options
      312 CME Globex Interest Rate Futures
      313 CME Globex Interest Rate Options
      318 CME Globex Equity Futures - excludes E-mini S&P 500
      319 CME Globex Equity Options - excludes E-mini S&P 500
      314 CME Globex FX Futures
      315 CME Globex FX Options
      316 CME Globex Commodity Futures
      317 CME Globex Commodity Options
      320 CME Globex FX Futures II
      321 CME Globex FX Options II
      430 BMD Globex Futures
      431 BMD Globex Options
      450 KRX Globex Futures

      Back to Top

       

      MDP 3.0 Schema

      Starting January 8, 2017 (trade date Monday, January 9), CME Group continues implementing new MDP 3.0 SBE schema files to support the upcoming Market by Order, Triangulation and Consolidated Fills initiatives on CME Globex. For more information regarding these initiatives, please see the CME Group Customer Forum. With the new MDP 3.0 SBE schema release, CME Group expects up to a 10% bandwidth increase per market data channel.

      In order to ease customer development efforts, the new SBE schema files will support appended Template Extension. CME Group recommends that the new Schema file be downloaded and implemented on the production launch date for each channel.

      Schema Channel Launch Schedule
      Channels Production New Release
      340 - CBOT Globex Commodity Futures
      346 - CBOT Globex Commodity Futures II
      341 - CBOT Globex Commodity Options
      460 - MGEX Globex Futures
      461 - MGEX Globex Options
      January 8, 2017 Available
      342 - CBOT Globex Equity Index Futures
      343 - CBOT Globex Equity Index Options
      344 - CBOT Globex Interest Rate Futures
      345 - CBOT Globex Interest Rate Options
      January 22, 2017 Available
      430 - BMD Globex Futures
      431 - BMD Globex Options
      450 - KRX Globex Futures
      Administrative Messages for TCP Replay
      January 22, 2017 Available

      Back to Top

       

      Streamlined SBE Market Data Protocol

      Effective Sunday, January 22, CME Group will continue implementing Streamlined Simple Binary Encoding (SBE) market data protocol. Streamlined SBE will replace the existing streamlined FIX/FAST market data protocol to align the market data protocol with MDP 3.0 encoding format.

      Please refer to the table for the implementation schedule and client impact assessments.

      Streamlined SBE Market Data Protocol
      SBE Feed Production New Release Client Impact Assessment Availability
      Blocks Available Available Blocks Streamlined Conversion to SBE
      Equity Indices - S&P & Dow Jones Available Available Equity Indices Streamlined Conversion to SBE
      Eris Available Available Eris Exchange Streamlined Conversion to SBE
      OTC-EOD Available Available OTC-EOD Streamlined Conversion to SBE
      Equity Indices - Bloomberg January 22 Available Equity Indices Streamlined Conversion to SBE

      A new SBE config.xml file for production is now available for customer download from CME Group FTP site.

      The new Streamlined SBE schema is currently available in New Release.

      Customer systems receiving market data via Streamlined SBE must complete a mandatory certification suite for each market type.

      Streamlined FIX/FAST and ITC 2 Blocks Decommission

      The following streamlined FIX/FAST and ITC 2 Blocks feeds will be decommissioned in the New Release and Production environments as follows:

      Streamlined FIX/FAST and ITC 2 Blocks Decommission
      SBE Feed Production New Release
      FIX/FAST and ITC2 Blocks CME/CBOT/CME Europe December 30 December 30
      FIX/FAST and ITC2 Blocks NYMEX/COMEX/DME March 31 March 31
      FIX/FAST Equity Indices – Bloomberg, S&P & Dow Jones January 20 January 20
      FIX/FAST Eris Exchange April 21 April 21
      FIX/FAST OTC-EOD December 30 December 30

      To support the new schema rollout for OTC-EOD the CME FTP site will be updated as follows:

      Production:ftp://ftp.cmegroup.com/SBEFix/Production/Templates/
      Schema Version Current December 4, 2016
      V5 streamlinemktdata.xml streamlinemktdata_v5.xml
      V6 streamlinemktdata_v6.xml streamlinemktdata.xml

      All other streamlined channels will continue to send data on current schema versions.

      Please contact your Global Account Manager with any questions or concerns in the U.S. at +1 312 634 8700, in Europe at +44 203 379 3754 or in Asia at +65 6593 5505 for additional information.

      Back to Top

       

      New Market Segment for FX Futures and Options

      Starting Sunday, January 22, CME Group will launch a new market segment for some CME FX futures and options markets to support the upcoming Triangulation initiative. For more information, please visit the CME Group Customer Forum page.

      The market segment for FX futures and options markets will be changed as follows:

      Market Segment Changes for FX Futures and Options
      Product MDP 3.0 Channel Current Tag 1300-
      MarketSegemntID
      New Tag 1300-
      MarketSegemntID
      Production Launch New Release Launch
      CME Globex FX Options 315 52 88 January 22 Available
      CME Globex FX Futures 314 62 88 February 5 Available

      There will be no changes to MDP 3.0 functionality or messaging format associated with these market segment changes.

      Please note: There are no market segment changes for CME Globex FX Futures II and CME Globex FX Options II on MDP 3.0 channel 320 and 321, respectively.

      To facilitate these changes, customers are asked to cancel all Good 'Till Cancel (GTC) and Good 'Till Date (GTD) orders for all User-Defined Spreads (UDS) on Market Segment ID 52 by the close on Friday, January 20. Any remaining GT orders on UDS will be cancelled by the CME Global Command Center (GCC). GT orders on CME FX outright options, futures and futures spreads will not be cancelled.

      The new MDP 3.0, Market Segment Gateway, and DropCopy 4.0 config.xml files will be available for customer download in the following environments as follows:

      • New Release – Available
      • Production – Sunday, January 8, 2017

      The new MDP 3.0 config.xml files will contain old and new Source IPs for MDP 3.0 channels 314 and 315. The old Source IP addresses will be removed on Monday, December 19, in new release and Sunday, February 12, in production. If a firewall or network device is configured with the Source IP information, please correct your configuration to use the entire range of eligible addresses.

      Drop Copy 4.0 will supports this new market segment. As a reminder, customers must manage the relationship between Drop Copy 4.0 sessions and corresponding IP addresses and market segments within their risk management systems.

      To ensure customers can access, trade and process market data for these market segment changes, CME Group will host a mock trading session on Saturday, January 21. All customers who support these market segments are strongly encouraged to participate. More information on the customer mock trading session will be announced in future CME Globex notices.

      Back to Top

       

      SecurityAltID Update for Eris Exchange

      Effective Monday, March 12, the Eris Exchange SBE Streamlined feed will add tag 455-SecurityAltID support for the Market Data Security Definition (tag 35-MsgType=d) and Market Data Incremental Refresh (tag 35-MsgType=X) trade messages. The Eris Exchange SBE channel will also migrate to SBE schema version 6 to support this change.

      Additional details are outlined in the Eris SBE migration client impact.

      Tag 455-SecurityAltID is currently available in New Release for customer testing.

      Back to Top

       

      New Functionality

      New Henry Hub Intercommodity Strategy

      Effective Sunday, January 8 (trade date Monday, January 9), Henry Hub Combo HB:IN (MDP3 tag 6937-Asset=HB) for the two nearest expiration months will listed on CME Globex.  This strategy utilizes a new strategy type (tag 762-SecuritySubType=BC) for a Buy-Buy transaction between two commodities of the same maturity.

      Henry Hub Combo HB:IN Strategy
      Product MDP 3.0:
      tag 6937-Asset
      iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Tag 762- SecuritySubType
      Henry Hub Natural Gas (Platts FERC) Basis Futures (HB) vs Henry Hub Natural Gas (Platts Gas Daily/Platts IFERC) Index Futures (IN) HB FD BC (Buy-Buy Strategy)

      The BC strategy is the simultaneous purchase (sale) of a monthly Henry Hub Natural Gas (Platts FERC) Basis futures (MDP3 tag 6937=HB) and Henry Hub Natural Gas (Platts Gas Daily/Platts IFERC) Index futures (MDP3 tag 6937=IN). Both legs must have the same maturity.

      This strategy is available as a futures Exchange-Defined Spread only.

      The BC strategy has:

      • Two products
        • Front leg monthly Henry Hub Natural Gas (Platts FERC) Basis futures
        • Back leg Henry Hub Natural Gas (Platts Gas Daily/Platts IFERC) Index futures
      • Two legs
      • Quantity/side ratio +1:+1

      Pricing

      • The BC Strategy Trade price is the summation of the outright future legs
      • Leg price assignment:
      • Determine anchor outright futures leg
        • Leg with most recent trade, best bid/best offer, or Indicative Opening Price.
      • Subtract the anchor outright futures leg from the BC Strategy Trade Price and assign remainder to non-anchor outright futures leg.

      Pricing Example
      HB-IN: HB-IN F7 trades at 4

      • HBF7 Leg1 has the most recent trade price at 1 and is designated the anchor
      • INF7 Leg2 = 3 (HB-IN Price – Leg1 Price)

      This strategy is currently available for customer testing in New Release.

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

      Back to Top

       

      24/7 Bitcoin Market Data

      Effective Sunday, January 8 (trade date Monday, January 9), CME Group and Crypto Facilities (CF) will offer 24/7 market data access to CME CF Bitcoin Reference Rate (BRR) and CME CF Bitcoin Real Time Index (BRTI) via web service technology. This solution will be offered in addition to the existing Streamlined Bitcoin Market Data.

      Additional information for 24/7 Bitcoin market data is available in the Client Systems Wiki.

      24/7 Bitcoin market data is currently available for testing in New Release. Certification is not required.

      Please contact the following support teams for:

      Back to Top

       

      Settlement Enhancements

      Effective Sunday, February 12 (trade date Monday, February 13), new settlement information will be available on CME MDP 3.0.

      • Tag 731-SettlePriceType (bits 1 and 2) will be fully supported to identify theoretical vs. actual and rounded vs. unrounded settlement prices
        •  Tag 731 is published on the Incremental Refresh, Security Definition and Snapshot Full Refresh messages (35=X, d or W)
      • The Cabinet settlement price will be published in tag 270-MDEntryPx when tag 269-MDEntryType=6 messages for settlements

      These settlement enhancements are currently available for customer testing in New Release.

      Back to Top

       

      Triangulation Functionality for Australian Dollar

      Effective Sunday, February 26, 2017 (trade date Monday, February 27), CME Group will enable Triangulation functionality for Australian Dollar futures and options listed for trading on CME Globex. Additional information on triangulation functionality is available in the Client Systems Wiki.

      With this launch, CME Globex will implement functionality that provides liquidity between volatility-quoted options, premium-quoted options, and the related underlying futures market. The liquidity across these order books is supported by implied functionality and standard option pricing model calculations.

      At the close of business this Friday, December 16, Market by Order (MBO) functionality will be disabled in New Release for CME Globex FX Futures and CME Globex FX Options on MDP 3.0 channel 314 and 315 to facilitate triangulation customer testing. Triangulation change will be available in New Release for customer testing on Tuesday, December 20, 2016.

      Back to Top

       

      Product Launches

      DME Middle East Fuel Oil Futures

      Effective this Sunday, December 18 (trade date Monday, December 19), the following Dubai Mercantile Exchange Singapore Fuel Oil products will be listed for trading on CME Globex.

      DME Singapore Fuel Oil (Platts) Futures
      Product iLink: tag 1151-Security Group MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Singapore Fuel Oil 180 cst  (Platts) Futures DUP DE
      Singapore Fuel Oil 380 cst  (Platts) Futures DSE DE
      Singapore Fuel Oil 180 cst vs. 380 cst (Platts) Futures DSD DE

      Note: The minimum price fluctuation will be $0.01 on CME Globex.

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

      Please view New Product Summary.

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

      Back to Top

      European (mini) Argus cif ARA LPG Propane Futures

      Effective this Sunday, December 18 (trade date Monday, December 19), Mini European Propane CIF ARA (Argus) futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

      European (mini) Argus cif ARA LPG Propane Futures
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Mini European Propane CIF ARA (Argus) Futures MPS ZZ

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

      Please see New Product Summary.

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

      Back to Top

       

      New - Listing Live Cattle Futures and Options for April 2018 Contract

      Effective Monday, January 2 (trade date Tuesday, January 3), the April 2018 contract month for Live Cattle futures and options will be listed on CME Globex and for submission for clearing via CME ClearPort.

      Listing Live Cattle Futures and Options for April 2018 Contract
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Live Cattle Futures LE LE
      Live Cattle Options LE L0

      This change will be available for customer testing in New Release on Monday, December 19.

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

      Back to Top

       

      Update - New Synthetic Products

      † Denotes update to the article

      †Effective Sunday, January 8 (trade date Monday, January 9), the following new synthetic products will be listed on CME Globex for internal testing.

      These products are not available for order entry and only Security Definition and Security Status (tag 35-MsgType=d, f) market data messages will be published.

      New Synthetic Products
      Product MDP 3.0 tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Market Data Channel Market Segment ID
      Test Corn Future 00C #E 340 70
      Test Corn Option 0OC $2 341 60
      Test E-Mini Dow ($5) 0YM $W 342 66
      Test E-Mini Dow ($5) 0OY #F 343 60
      Test 10-Year U.S. Treasury Note Future 00N $T 344 84
      Test 10-Year U.S. Treasury Note Option 0YN $U 345 58
      Test Soybeans 00S $S 346 72
      Test E-Mini S&P 500 Future 0ES $E 310 64
      Test E-Mini S&P 500 Option 0SO $Q 311 54
      Test Eurodollar Future 0GE $D 312 82
      Test Eurodollar Option 0GG $R 313 50
      Test AUD/USD 0AU $F 314 62
      Test AUD/USD 0AD $1 315 52
      Test Lean Hog Future 0HE $K 316 70
      Test Lean Hog Option 0HO $B 317 52
      Test Nikkei 225 (Yen) 0NK #2 319 54
      Test EUR/USD American Future 06E #C 320 62
      Test EUR/USD American Option 00E #D 321 52

      Back to Top

       

      Update - London Spot Gold and Silver Futures and Related Intercommodity Spreads

      † Denotes update to the article

      Effective Sunday, January 8 (trade date Monday, January 9), London Spot Gold and Silver will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

      London Spot Gold and Silver Futures
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      London Spot Gold Futures GSP GL
      London Spot Silver Futures SSP SL

      With this change, two additional intercommodity spreads between the spot futures and the active month of the corresponding COMEX Gold and Silver futures will be listed.

      Intercommodity Spreads
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      †iLink: tag 107-SecurityDesc
      MDP 3.0: tag 55-Symbol
      Tag 762-SecuritySubType
      Gold Spot Spread GC GL GCZ6-GSPX601 RT  
      Silver Spot Spread SI SL SIZ6-SSPX601 RT

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

      Please see New Product Summary.

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

      Back to Top

       

      New - Ethanol T2 FOB Rdam Including Duty (Platts) Average Price Option

      Effective Sunday, January 8 (trade date Monday, January 9), Ethanol T2 FOB Rdam including Duty (Platts) Average Price Option will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

      Ethanol T2 FOB Rdam Including Duty (Platts) Average Price Option
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group (UDS)
      Ethanol T2 FOB Rdam Including Duty (Platts) Average Price Option Z1O PC EX

      These options will be available for customer testing in New Release on Monday, December 19.

      Please see New Product Summary.

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

      Back to Top

       

      Bursa Malaysia Derivatives Berhad (BMD) Crude Palm Oil Futures Spreads

      In Q1 2017, to improve market efficiency, Bursa Malaysia Derivatives (BMD) will list Crude Palm Oil futures butterfly and condor spreads for trading on CME Globex.

      Bursa Malaysia Derivatives Berhad (BMD) Crude Palm Oil Futures Spreads
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Listing Schedule
      (Starting January 2017)
      Tag 762-
      SecuritySubType
      Crude Palm Oil Futures FCPO BC All serial month combinations of
      first 15 contract months
      BF (Butterfly Spread)
      CF (Condor Spread)

      These futures spreads are available for customer testing in New Release.

      Back to Top

       

      Product Changes

      Listing Cycle Expansion for S&P 500 Annual Dividend Futures

      Effective this Sunday, December 18 (trade date Monday, December 19), the listing cycle for the S&P 500 Annual Dividend futures will be expanded on CME Globex to support 11 months of December. With this change, CME Globex will support a 2-byte year for maturities listed beyond the first six months of December maturities in the external instrument name, tag 55-Symbol in MDP 3.0. The 2-byte year will remain through the life cycle of the contract.

      S&P 500 Annual Dividend Futures
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Current Listing Schedule New Listing Schedule
      S&P 500 Annual Dividend Index Futures SDA SD 6 months of December maturities 11 months of December maturities

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

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

      Back to Top

       

      Non-Reviewable Ranges for Vol Quoted FX Options

      Effective this Sunday, December 18 (trade date Monday, December 19), the Non-Reviewable Ranges will be added for following products.

      Vol Quoted FX Options
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Globex Non-Reviewable Ranges (NRR) Bid/Ask Reasonability
      AUD/USD (American) Options V6A 3U The greater of delta times the underlying futures non-reviewable range or 20% of premium up to 1/4 of the underlying futures' non-reviewable range with a minimum of 1 tick or a delta allocation with a deviation greater than 5 from the appropriate theoretical delta. The greater of the delta times the underlying futures' non-reviewable range or 5% of the fair value premium up to the underlying futures' non-reviewable range with a minimum reasonability of 10 ticks
      AUD/USD (European) Options VXA 3A
      AUD/USD (European) Weekly Options VAA-VAE 3A
      CAD/USD (American) Options V6C 3D
      CAD/USD (European) Options VXC 3C
      CAD/USD (European) Weekly Options VCA-VCE 3C
      CHF/USD (American) Options V6S 3W
      CHF/USD (European) Options VXS 3S
      CHF/USD (European) Weekly Options VSA-VSE 3S
      EUR/USD (American) Options V6E 3R
      EUR/USD (European) Options VXT 3E
      EUR/USD (European) Weekly Options VTA-VTE 3E
      GBP/USD (American) Options V6B 3P
      GBP/USD (European) Options VXB B3
      GBP/USD (European) Weekly Options VBA-VBE B3
      JPY/USD (American) Options V6J 3Q

      JPY/USD (European) Options

      VXJ 3Y

      JPY/USD (European) Weekly Options

      VJA-VJE 3Y

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

      Back to Top

       

      Change to Minimum Price Increment for Brent Last Day Financial Futures TAS

      Effective Sunday, January 8 (trade date Monday, January 9), the minimum price increment tag 969-MinPriceIncrement will be changed for the following.

      Change to Minimum Price Increment for Brent Last Day Financial Futures TAS
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      969-MinPrice Increment
      (Current)
      969-MinPrice Increment
      (New)
      Brent Last Day Financial Futures TAS BZT CT 1 0.25

      This change will be available for customer testing in New Release on Monday, December 19.

      This contract is listed with, and subject to, the rules and regulations of NYMEX.

      Back to Top

       

      Listing Cycle Expansion for U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index Futures

      Effective Sunday, January 8 (trade date Monday, January 9), the listing cycle for the following U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index Futures will be expanded on CME Globex.

      U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index Futures
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Current Listing Schedule New Listing Schedule
      U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index Futures HRC ST The current year and the next 2 calendar years The current year and the next 3 calendar years

      Please Note: Monthly contracts for a new calendar year will be added following the termination of trading in the December contract of the current year

      This product will be available for customer testing in New Release on Monday, December 19.

      This contract is listed with, and subject to, the rules and regulations of NYMEX.

      Back to Top

       

      New - European Low Sulphur Gasoil (100mt) Bullet Futures Trade at Settlement Change

      Effective Sunday, January 8 (trade date Monday, January 9), the trading hours for the European Low Sulphur Gasoil (100mt) Bullet Futures Trade at Settlement (TAS) cease daily at 11:30 a.m. Eastern time (ET). Currently, the trading session closes daily at 12:00 p.m. ET.

      This change will be available for customer testing in New Release Monday, December 19.

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

      Back to Top

       

      New - E-mini S&P MidCap 400 Options Change

      Effective Sunday, January 15 (trade date Tuesday, January 17), the external name format in MDP 3.0 tag 55-Symbol and iLink tag 107-SecurityDesc for E-mini S&P MidCap 400 options on futures will be modified to support the full strike price. With this change, the strike price in MDP 3.0 tag 55 and iLink tag 107 will match the price reflected in tag 202-StrikePrice.

      E-mini S&P MidCap 400 Options Change
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Current iLink: tag 107-SecurityDesc
      MDP 3.0: tag 55-Symbol
      New iLink: tag 107-SecurityDesc
      MDP 3.0: tag 55-Symbol
      E-mini S&P MidCap 400 Options EMD MC Examples:
      EMDZ6 C9550
      EMDZ6 C1500
      EMDZ6 C2500
      EMDZ6 C2950
      Examples:
      EMDZ6 C0955
      EMDZ6 C1150
      EMDZ6 C1250
      EMDZ6 C1295

      To facilitate this change, customers are asked to cancel all Good 'Till Cancel (GTC) and Good 'Till Date (GTD) orders for the impacted options after their close on Friday, January 13. After 16:00 CT on Friday, January 13, all remaining GTC and GTD orders for these options will be cancelled by the CME Group Global Command Center (GCC).

      This change will be available in New Release for customer testing on Tuesday, January 3.

      This contract is listed with, and subject to, the rules and regulations of NYMEX.

      Back to Top

       

      Events and Announcements

      CME Group Security Ecosystem

      CME Group is committed to our customers’ information security. To deliver the best security and customer experience, as announced in the recent CME Group Customer Forums, all certified customer-facing applications that support human-to-machine authentication to CME Group systems will be required to support strong passwords, encryption of confidential and sensitive data, and two-factor authentication by the end of 2016. These requirements apply to both customer-facing services connected to CME Group and to their services exposed to clients.

      For additional information, please review the Security Ecosystem Frequently Asked Questions.

      Please contact your Global Account Manager or third-party provider with any questions.

      Back to Top

       

      CME Globex Messaging Efficiency Program 2017 Holiday Calendar

      As noted in the CME Globex Messaging Efficiency Program (MEP) document, the MEP is not applied on certain dates before/on/after U.S. recognized holidays. To obtain dates as to when CME Globex Messaging Efficiency Program Ratios for all Product Groups included in the MEP will not be enforced, please refer to the CME Globex Messaging Efficiency Program Holiday Calendar.

      Back to Top

       

      New - Reduced Velocity Logic Parameters

      Starting on trade date Friday, December 23, through the close of trading on Friday, December 30, CME Group will reduce the price parameters that trigger Velocity Logic by 50 percent on all CME Group and MGEX products on the CME Globex platform. In addition, CME Group will double the standard monitoring period.

      Please note: CME Europe products will remain at their standard Velocity Logic parameters.

      The Velocity Logic parameters are defined in the CME Globex Product Reference sheet for all CME Globex products.

      Back to Top