• CME Globex Notices: May 15, 2017

      • To
      • CME Globex and Market Data Customers
      • From
      • Global Market Solutions & Services (GMSS)
      • #
      • 20170515
      • Notice Date
      • 18 May 2017
    • Topics in this issue include:

    • Critical System Updates

      Market By Order Market Data  - This Week

      Effective this Sunday, May 21 (trade date Monday, May 22), 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 MBO rollout schedule for the new production dates.

      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.

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      Market Segment Changes for CME and CBOT Products  - This Week

      Beginning this Sunday, May 21 (Monday, May 22), the following instruments will be moved to different Market Segments and different MDP 3.0 Incremental feed Source IPs. No new Market Segments are being introduced.

      Market Segment Changes for CME and CBOT Products
      Products MDP 3.0 Channel Current Tag 1300-MarketSegmentID New Tag 1300-MarketSegmentID New Release Launch Production Launch
      CME Globex Commodity Options 317 52 60 Available Sunday, May 21
      CME Globex FX Futures II 320 62 52 Sunday, June 4
      CBOT Globex Equity Index Futures 342 66 68 Sunday, June 25
      CBOT Globex Equity Index Options 343 60 54

      As a result of these changes, Market Segment Gateway 62 will be decommissioned on Sunday, June 4. Market Segment Gateway 66 will be decommissioned Sunday, June 25. Attempts to connect to these gateways following decommission will be ignored. The Market Segment configuration files will be updated prior to the open for each change.

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

      Drop Copy 4.0 sessions will support these market segment changes. 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.

      Config.xml Files

      The new MDP 3.0 config.xml files are available for customer download:

      • New Release
        • all changes reflected in "20170426" files
      • Production
        • Changes for channels 317 and 345 reflected in "20170520" file
        • Changes for channel 320 reflected in "20170603" file
        • Changes for channels 342 and 343 reflected in "20170624" file

      To facilitate these changes, customers are asked to cancel all Good 'Till Cancel (GTC) and Good 'Till Date (GTD) orders for User-Defined Spreads (UDS) only for the affected markets by the close on the Friday before launch. Any remaining GT orders on UDS will be cancelled by the CME Global Command Center (GCC). GT orders on outright options, futures and futures spreads will not be impacted.

      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.

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      Source IP Change for CBOT Globex Interest Rate Options Market Data - This Week

      Effective this Sunday, May 21 (trade date Monday, May 22), the production Incremental feed market data Source IPs for all instruments on MDP 3.0 channel 345 - CBOT Globex Interest Rate Options will be changed. A new config.xml files named config_20170520.xml is now available on the ftp.cmegroup.com/SBEFix/.

      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. Customers who restrict market data flow via the source IPs must download and implement MDP 3.0 config.xml file on the production launch date prior to market open for each channel.

      These changes are currently available for customer testing.

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      New New - Elimination of Redundant Settlements - June 18

      Starting Sunday, June 18 (trade date Monday, June 19), through Friday, July 7, to optimize market data bandwidth utilization, MDP 3.0 is phasing in a change to publish fewer redundant preliminary settlement Incremental Refresh (tag 35-MsgType=X) messages. This affects only redundant settlement messages. In case of any missed information, clients should follow standard MDP 3.0 Recovery models.

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      New New - Order Priority Changes for Execution on CME FX Options - June 18

      To simplify the matching algorithm in FX options, effective Sunday, June 18 (trade date Monday, June 19), CME Group will combine volatility-quoted implied orders and premium-quoted implied orders into a single priority algorithm. This will be effective in the following currency pairs for which triangulation has been enabled:

      • Australian Dollar
      • British Pound
      • Canadian Dollar
      • EuroFX
      • Japanese Yen
      • Swiss Franc

      With this change, CME Globex will use an Aggregated Price-Time Priority to determine priority in both premium-quoted options (PQO) and volatility-quoted options (VQO) order books. As a result, an aggressing options order will first match against customer orders or implied orders based on the Aggregated Price-Time, as detailed below.

      Aggregated Price-Time Priority: Matching Sequence:

      Within the PQO order book, at a given price level, if there are both customer orders and implied orders (i.e. RFQ-triggered implied orders and Triangulation implied orders), then an aggressing PQO order will match against those orders in the following sequence:

      • PQO customer orders, PQO implied orders, or PQO Triangulation implied orders based on the Aggregated Price-Time.

      Within the VQO order book, at a given price level, if there are both customer orders and Triangulation implied orders, then an aggressing VQO order will match against those orders in the following sequence:

      • VQO customer orders or VQO Triangulation implied orders based on the Aggregated Price-Time.

      These changes will be available in New Release for customer testing on Tuesday, May 30.

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      Streamlined FIX/FAST Decommission  - June 23

      Blocks market data is now available on the streamlined SBE feed. The following streamlined FIX/FAST feed will be decommissioned in the New Release and Production environments as follows:

      Streamlined FIX/FAST Decommission
      Streamlined FIX/FAST and ITC 2 Production New Release Client Impact Assessment
      FIX/FAST Eris Exchange June 23 June 23 Eris Exchange Streamlined Conversion to SBE

      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.

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      Eris Exchange Streamlined SBE Enhancements - June 25

      Effective Sunday, June 25 (trade date Monday, June 26), the Eris Exchange will launch enhancements with new functionality for the Streamlined SBE feed.

      The streamlined Market Data enhancements will feature:

      • Theoretical update book processing
      • New daily statistics and reference data
      • Expanded instruments

      The client impact assessment provides functionality and messaging information.

      The enhancements and new functionality is available in New Release for customer testing.

      The Eris streamlined SBE enhancements certification suite is currently available in AutoCert+ for customer testing. Customer systems who choose to process Eris exchange streamlined SBE market data must complete this certification.

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      UpdateUpdate - New IPs and Ports for iLink Convenience Gateways  - June 25

      † Denotes update to the article

      Following the successful launch of Market Segment Gateway (MSGW), CME Group is introducing improvements to the Convenience Gateway (CGW) architecture. These changes include a hardware upgrade and are designed to reduce CGW IP management needs. There should be no performance change for iLink CGW sessions.

      Effective Sunday, June 25 (trade date Monday, June 26), all CGW iLink sessions will use new IPs and ports. The new IP ranges will be available on the Client Systems Wiki by May 1. Your Global Account Manager will provide the new IP and port mapping for your sessions by the end of the month.

      All CGW iLink sessions must migrate to the new IPs and Ports in order to access CME Globex markets. The current IPs will be disabled after the close on Friday, June 23. A connectivity mock will be held Saturday, June 24.

      An optional migration on Sunday, June 18, is also available. Customer must register with their Global Account Manager no later than Friday, June 2, to migrate on June 18. A connectivity mock will be held for those migrating early on Saturday, June 17.

      CME Group is supporting telnet tests to the new †primary CGW IPs and ports on Saturday, May 20, and Saturday, June 3, 9:00 – 10:30 am Central Time (CT). †Backup CGWs will not be available. Login, application and administrative messaging will not be supported during the test. TCP connectivity will not be supported during the test. Contact your Global Account Manager with iLink session information by Thursday, May 18, to participate.

      Please note: Later this year, CGW sessions will move to the MSGW-style Application Level Fault Tolerance, with an enforced primary gateway. To minimize impact when this change is implemented customers must use their designated Primary IPs and Ports upon launch.

      Drop Copy is not impacted by this change, but some iLink source sessions may be moved to different target sessions. The IPs and ports for Drop Copy sessions will not change.

      If you have any questions or concerns, please contact your Global Account Manager 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.

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      New Functionality

      Triangulation Functionality for Additional CME FX Products - This Week

      Triangulation functionality will be enabled for the following CME FX products:

      • Sunday, May 21 (trade date Monday, May 22)
        • Japanese Yen
          • Futures: tag 6937=6J
          • Premium-Quoted Options: tag 6937=JPU, 1JY-5JY
          • Volatility-Quoted Options: tag 6937=VXJ, VJA-VJE
        • British Pound
          • Futures: tag 6937=6B
          • Premium-Quoted Options: tag 6937=GBU, 1BP-5BP
          • Volatility-Quoted Options: tag 6937=VXB, VBA-VBE
        • Swiss Franc
          • Futures: tag 6937=6S
          • Premium-Quoted Options: tag 6937=CHU, 1SF-5SF
          • Volatility-Quoted Options: tag 6937=VXS, VSA-VSE
      • Sunday, June 18 (trade date Monday, June 19)
        • Canadian Dollar
          • Futures: tag 6937=6C
          • Premium-Quoted Options: tag 6937=CAU, 1CD-5CD
          • Volatility-Quoted Options: tag 6937=VXC, VCA-VCE
        • Euro FX
          • Futures: tag 6937=6E
          • Premium-Quoted Options: tag 6937=EUU, 1EU-5EU
          • Volatility-Quoted Options: tag 6937=VXT, VTA-VTE

      The Swiss Franc, British Pound and Canadian Dollar markets will use a minimum quantity requirement of 10 lots to trigger a Triangulation execution. Japanese Yen and Euro FX will use 20 lot minimum for Triangulation execution. All Volatility-Quoted Options have a 20-lot minimum order size. These minimums are designed to mitigate the risk of a VQO or Triangulated execution without an assigned future.

      In internal testing, triangulation functionality increased incremental feed bandwidth up to 25% on the CME Globex FX Options MDP 3.0 channels 315 and 321.

      Triangulation functionality for the Japanese Yen, British Pound, Swiss France Canadian Dollar and Euro FX is currently available for customer testing.

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      Settlement Enhancements - This Week

      Effective this Sunday, May 21 (trade date Monday, May 22), more granular settlement identifiers will be available on CME MDP 3.0.

      • Tag 731-SettlePriceType (bits 1 and 2) will be fully supported to accurately 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)
          • Please Note: Theoretical settlement prices are only published on Security Definition (tag 35-MsgType=d) messages for instruments with no Open Interest or Volume. Incremental Refresh settlement messages are not distributed for these instruments.

      With this change, the following settlement types will be published for instruments listed on CME Globex:

      Settlement Messages Published on Incremental Refresh
      Instrument Preliminary, Rounded Preliminary, Unrounded Final, Rounded Final, Unrounded
      Subject to rounding with open interest X X X  
      Not subject to rounding with open interest   X   X
      No open interest        

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

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      MDP 3.0 Enhancement for Settled at Cabinet Options - This Week

      Effective this Sunday, May 21 (trade date Monday, May 22), to provide better insight into actual settlement prices, when an option instrument is settled at Cabinet, the Cabinet settlement price will be published in tag 270-MDEntryPx when tag 269-MDEntryType=6. Currently, MDP 3.0 publishes tag 270=0 when an option settles to cabinet.

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      New New - Market Data Dissemination of Intraday Settlements Prices - June 25

      Effective Sunday, June 25 (trade date June 26) CME Group will fully support Tag 731-SettlPriceType bit 3 = “1” to indicate an Intraday Settlement or DME Marker Price.

      Intraday Settlement Prices will be published on the last trading day of the calendar month for some equity index contracts. The settlement prices for some equity products will be disseminated while the trading session is still active. They will represent a snapshot valuation of the settlement price at the time that they are published.

      Intraday Settlement Prices/DME Marker Prices for Dubai Mercantile Exchange (DME) will be published daily.

      These changes will be available for customer testing in New Release on Tuesday, May 30.

      The MDP 3.0 Market Data Incremental Refresh message including the tag 731-SettlPriceType field is documented here.

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      Globex Risk Management Enhancements: Inline Credit Controls - Q2 2017

      In Q2 2017, in addition to existing risk management controls, CME Group will offer optional, more granular pre-trade risk management capability through the In-Line Credit Control (ICC) tool.

      The ICC tool allows Clearing Member Firms and Executing Firms to set daily position limits for CME Globex, per product, at the account level through Account Manager.

      The new functionality will feature:

      • Daily quantity position limits applied per product at the account level.
      • Positions reset to flat at the end of the day. Good 'Til Cancel (GTC) and Good 'Til Date (GTD) orders will roll-over to be calculated in the next day’s working orders.
      • No latency differential; all orders are subject to the same ICC processing.
      • Both Clearing Member Firm and Executing Firm Risk Admins can register accounts and set limits.
        • The most restrictive limit applies.
        • Clearing Member Firm and Executing Firm Risk Admins can view each other's account limits.
        • Clearing Member Firms and Executing Firms cannot change the other's limit.
      • Email alerts can be set up when pre-set threshold level breaches occur (for example, at 80%).

      See more on Viewing and Managing Inline Credit Control Limits and Configuring Alerts and Policies for Inline Credit Controls.

      For registered client systems, a new or cancel/replace order that violates specified position limits will be rejected. CME Globex will send a Session Level Reject (tag 35-MsgType=3) message including tag 58=<Reject Reason>.

      Reject Reason Tag 58-Text
      Position Limit Violation Position Limit Violation for Account: <Account>, Position Increase: <position> makes position above the BUY Position Limit: <Limit> by amount: <Amount>. Limit set by CMF for Product Code: <Product Code>
      Position Limit Violation for Account: <Account>, Position Increase: <position> makes position above the BUY Position Limit: <Limit> by amount: <Amount>. Limit set by EF for Product Code: <Product Code>
      Account Policy Violation Pre-Trade Registration Violation: Account: <Account> is not Registered for this Executing Firm
      Product Policy Violation Pre-Trade Registration Violation: Account: <Account> is not Registered to Trade Product Code: <Product Code>
      UDS Covereds Policy Violation Pre-Trade Registration Violation: Account: <Account> is not Registered to Trade UDS Covereds
      Account Deactivation Violation Pre-Trade Registration Violation: Account: <Account> has been Suspended from Trading by the CMF for this Executing Firm

      This new functionality is currently available for customer testing in New Release.

      Please contact your Global Account Manager with any questions on onboarding and testing In-line Credit Controls functionality in New Release 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.

      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 with questions while testing in New Release.

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      CME Globex Execution Information Enhancements - Q3 2017

      In Q3 2017, CME Group will offer customers the following CME Globex execution information enhancements:

      • Updated STP function - new Common Trade ID automatically traces each individual execution across CME Globex and through clearing
        • iLink tag 37711-MDTradeEntryID
        • MDP 3.0 tag 37711-MDTradeEntryID
        • CME STP and CME STP FIX MDTrdEntrID
      • Real-time trade price adjustments reporting to participating traders and market as a whole via iLink and MDP 3.0 messages
        • Currently, trade price adjustments are only available via Clearing systems

      Please review the client impact assessment for information on functionality and messaging impacts and complete rollout schedule.

      These enhancements are now available in New Release for customer testing.

      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.

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      Product Launches

      Listing Platinum Futures TAS - This Week

      Effective this Sunday, May 21 (trade date Monday, May 22), Platinum futures TAS will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

      Listing Platinum Futures TAS
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Platinum Futures TAS PLT PE

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

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

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      NBP and TTF Natural Gas Financial Futures - This Week

      Effective this Sunday, May 21 (trade date Monday, May 22),  NBP and TTF Natural Gas Financial Futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

      NBP and TTF Natural Gas Financial Futures
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Tag 762-SecuritySub Type
      UK NBP Natural Gas (USD/MMBtu) (ICIS Heren) Front Month Futures NBP HX --
      Dutch TTF Natural Gas (USD/MMBtu)(ICIS Heren) Front Month Futures TTE HX --
      Henry Hub NBP (ICIS Heren) Natural Gas Spread Futures NYP HX --
      NYMEX Henry Hub TTF (ICIS Heren) Natural Gas Spread Futures THD HX --

      Natural Gas (Henry Hub) Last-day Financial Futures vs. UK NBP Natural Gas (USD/MMBtu) (ICIS Heren) Front Month Futures

      HH HX

      IS
      (Inter-Commodity Spread)

      Natural Gas (Henry Hub) Last-day Financial Futures vs. NBP Natural Gas (USD/MMBtu) (ICIS Heren) Front Month HH HX

      IS
      (Inter-Commodity Spread)

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

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

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      PJM Average Price Options and PJM Futures - This Week

      Effective this Sunday, May 21 (trade date Monday, May 22),  PJM Average Price Options and PJM Futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

      PJM Average Price Options and PJM Futures
      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
      PJM Western Hub Real-Time Peak Average Price Monthly Futures 5 MW SRT PW N/A
      PJM Western Hub Real-Time Peak Average Price Option 5 MW PRT ET E9
      PJM Western Hub Day-Ahead Peak Average Price Monthly Futures 5 MW SDD PW N/A
      PJM Western Hub Day-Ahead Peak Average Price Option 5 MW PDA ET E9

      These NYMEX 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.

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      European Gasoline-Naphtha Spread Future and Equivalent BALMO - June 4

      Effective Sunday, June 4 (trade date Monday, June 5), European Gasoline-Naphtha Spread Future and Equivalent BALMO will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

      European Gasoline-Naphtha Spread Future and Equivalent BALMO
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      European Gasoline-Naphtha Spread Future and Equivalent BALMO Product Gasoline Euro-bob Oxy NWE Barges (Argus) vs European Naphtha CIF NWE (Platts) Futures EGN CP
      Gasoline Euro-bob Oxy NWE Barges (Argus) vs European Naphtha CIF NWE (Platts) BALMO Futures EGB CP

      These futures will be available for customer testing in New Release on Monday, May 22.

      Please see New Product Summary.

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

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      Brent Crude Oil vs. Dubai Crude Oil (Platts) BALMO Futures - June 4

      Effective Sunday, June 4 (trade date Monday, June 5), Brent Crude Oil vs. Dubai Crude Oil (Platts) BALMO futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

      Brent Crude Oil vs. Dubai Crude Oil (Platts) BALMO Futures
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Brent Crude Oil vs. Dubai Crude Oil (Platts) BALMO Futures BDB BB

      These futures will be available for customer testing in New Release on Monday, May 22.

      Please see New Product Summary.

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

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      Weekly Wednesday Options on Treasury Futures - June 4

      Effective Sunday, June 4 (trade date Monday, June 5), Weekly Wednesday Options on Treasury futures will be listed for trading on CME Globex, CBOT trading floor and for submission for clearing via CME ClearPort.

      Weekly Wednesday Options on Treasury Futures
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      2-Year Treasury Note Wednesday Weekly Options WT1-WT5 N2
      5-Year Treasury Note Wednesday Weekly Options WF1-WF5 0N
      10-Year Treasury Note Wednesday Weekly Options WY1-WY5 TE
      Ultra 10-Year Treasury Note Wednesday Weekly Options WX1-WX5 T1
      U.S. Treasury Bond Wednesday Weekly Options WB1-WB5 UZ
      Ultra Treasury Bond Wednesday Weekly Options WU1-WU5 UB

      These options will be available for customer testing in New Release on Monday, May 22.

      Please see New Product Summary.

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

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      New New - USD MAC Swap Futures Intercommodity Ratio Spread - June 11

      Effective Sunday, June 11 (trade date Monday, June 12), the 5-Year USD MAC Swap Futures vs. 10-Year USD MAC Swap Futures Intercommodity ratio spread will be listed for trading on CME Globex. The spread will have a 2:1 spread and leg pricing ratio, as reflected in Security Definition (tag 35-MsgType=d) messages tag 5770-PriceRatio. This spread will be similar to Treasury futures yield curve Intercommodity spreads with pricing on a net change basis and implied pricing.

      USD MAC Swap Futures Intercommodity Ratio Spread 
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Tag 762- SecuritySubType
      5-Year USD MAC Swap Futures vs. 10-Year USD MAC Swap Futures Intercommodity Spread FNU IV IV

      This spread will be available for customer testing in New Release on Monday, May 17.

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

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      E-mini Russell 2000 Index Futures and Options  - July 9

      Effective Sunday, July 9 (trade date Monday, July 10), the following E-mini Russell 2000 Index futures and options will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

      E-mini Russell 2000 Index Futures and Options
      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
      E-mini Russell 2000 Index Futures RTY RY N/A
      BTIC on E-mini Russell 2000 RLT RT N/A
      E-mini Russell 2000 Growth Index R2G RA N/A
      BTIC on E-mini Russell 2000 Growth Index Futures 2GT RB N/A
      E-mini Russell 2000 Value Index Futures R2V RC N/A
      BTIC on E-mini Russell 2000 Value Index Futures 2VT RD N/A
      E-mini Russell 2000 Options RTO R4 R5
      E-mini Russell 2000 Weekly Options R1E
      R2E
      R3E
      R4E
      R4 R5
      E-mini Russell 2000 EOM Options RTM R4 R5

      Please see New Product Summary.

      With this launch, the Fixing Price for the E-mini Russell 2000 Index futures will be disseminated. The fixing price will be calculated Monday through Friday from 2:59:30 pm to 3:00:00 pm CT.

      Fixing Price data blocks are sent in the MDP 3.0 Market Data Incremental Refresh (tag 35-MsgType=X) with the following attributes:

      • Tag 279- MDUpdateAction will be set to 0 = New.
      • Tag 269-MDEntryType will be set to W = Fixing Price.
      • Tag 5796-Trading Reference will display the date for which the fixing price was calculated.
      • These futures and options will be available for customer testing in New Release on Monday, June 5.

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

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      Bursa Malaysia Derivatives Berhad (BMD) FX Futures - Q2 2017

      Pending regulatory approvals, Bursa Malaysia Derivatives (BMD) will list the following FX futures for trading on CME Globex in late Q2 2017.

      Bursa Malaysia Derivatives Berhad (BMD) FX Futures
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      BMD Mini CNH/MYR Futures MFCM BR
      BMD Mini USD/MYR Futures MFUM BM

      These are currently available for customer testing in New Release.

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      Product Changes

      Listing Cycle Expansion for European Referenced BALMO Futures  - This Week

      Effective this Sunday, May 21 (trade date Monday, May 22), the listing cycle for European Referenced BALMO futures will be expanded on CME Globex.

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

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

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      Listing Cycle Expansion for LNG Japan/Korea Marker (Platts) Futures  - This Week

      Effective this Sunday, May 21 (trade date Monday, May 22), the listing cycle for LNG Japan/Korea Marker (Platts) futures will be expanded on CME Globex.

      Listing Cycle Expansion for LNG Japan/Korea Marker (Platts) 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
      LNG Japan/Korea Marker (Platts) Futures JKM GU 12 consecutive months

      Monthly contracts listed for the current year and the next two (2) calendar years. A new calendar year will be added following the termination of trading in the December contract of the current year.

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

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

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      Listing Cycle Expansion and New Spreads for NYMEX Energy TAS Eligible Products  - This Week

      Effective this Sunday, May 21 (trade date Monday, May 22), the listing cycle will be expanded for the following NYMEX Energy TAS eligible products. In addition, TAS calendar spreads will be listed for Brent Crude Oil Last Day Financial futures (Trading At Settlement).

      Listing Cycle Expansion and New Spreads for NYMEX Energy TAS Eligible Products
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Current Listing Schedule New Listing Schedule Tag 762-
      SecuritySubType
      Brent Crude Oil Last Day Financial Futures (Trading At Settlement) BZT CT Spot, 2 and 3 contract months Spot, 2, 3 and 4 contract months EC(TAS Calendar Spread)
      Henry Hub Natural Gas Futures Trading At Settlement (TAS) NGT NA First four months First seven months N/A
      Light Sweet Crude Oil Futures Trading At Settlement (TAS) CLT CT First four months First seven months N/A
      NY Harbor ULSD Futures Trading At Settlement (TAS) HOT CT First four months First seven months N/A
      RBOB Gasoline Futures Trading At Settlement (TAS) RBT CT First four months First seven months N/A

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

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

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      Listing Quarterly and Calendar Strips to NYMEX Coal Futures (MFF & MTF) - This Week

      Effective this Sunday, May 21 (trade date Monday, May 22), the CME Group will add Quarterly and Calendar Strips to NYMEX Coal futures (MFF & MTF) on CME Globex.

      Quarterly and Calendar Strips to NYMEX Coal Futures (MFF & MTF)
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Tag 762-
      SecuritySubType

       

      Coal (API 2) cif ARA (Argus/McCloskey)  Futures MTF CO SA Strip:

       

      • 2 Annual Strips
      • 3 Q1 Strips
      • 3 Q2 Strips
      • 3 Q3 Strips
      • 3 Q4 Strips
      Coal (API 4) fob Richards Bay (Argus/McCloskey)  Futures MFF CO SA Strip:

       

      • 2 Annual Strips
      • 3 Q1 Strips
      • 3 Q2 Strips
      • 3 Q3 Strips
      • 3 Q4 Strips

      The strips are currently available for customer testing in New Release.

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

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      Listing Cycle Expansion for LNG Japan/Korea Marker (Platts) Futures  - This Week

      Effective this Sunday, May 21 (trade date Monday, May 22), the listing cycle for LNG Japan/Korea Marker (Platts) futures will be expanded on CME Globex.

      Listing Cycle Expansion for LNG Japan/Korea Marker (Platts) 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
      LNG Japan/Korea Marker (Platts) Futures JKM GU 12 consecutive months

      Monthly contracts listed for the current year and the next two (2) calendar years. A new calendar year will be added following the termination of trading in the December contract of the current year.

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

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

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      Changes to Non-Reviewable Ranges for Non-Implied Calendar Spreads - May 28

      Effective Sunday, May 28 (trade date Tuesday, May 30), Non-Reviewable Ranges will be modified for the following non-implied calendar spreads.

      • Agricultural futures
      • Energy futures
      • Electricity futures
      • Equity Index futures
      • FX futures
      • Interest Rate futures
      • Metals futures

      Please review the complete list of impacted products for additional information.

      Please note for implied eligible inter-commodity and calendar spreads each leg will continue to be evaluated as an outright.

      The Non-Reviewable Range settings for every CME Globex product is defined in the CME Globex Product Reference Sheet.

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

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      Group Code Changes and the Addition of Circuit Breakers for NYMEX and COMEX Metals Futures - June 4

      Effective Sunday, June 4 (trade date Monday, June 5), Circuit Breaker values and group code changes will be made for the following NYMEX and COMEX Metals futures.

      Group Code Changes and the Addition of Circuit Breakers for NYMEX and COMEX Metals Futures
      Product MDP 3.0: tag
      6937-Asset
      Current
      iLink: tag 55-Symbol
      MDP 3.0
      tag 1151 - Security Group
      New
      iLink: tag 55-Symbol
      MDP 3.0 tag
      1151 - Security Group
      Current
      Circuit Breaker Settings
      New
      Circuit Breaker Settings

      U.S Midwest Domestic Hot-Rolled Coil Steel (CRU) Index Futures

      HRC ST HR None Level 1: $90
      Level 2: $180
      Level 3: $270
      Level 4: $360
      Iron Ore 62% Fe, CFR China (TSI) Futures TIO ST IO (eye oh) None Level 1: $12
      Level 2: $24
      Level 3: $36
      Level 4: $48
      Aluminum Futures ALI ST AL None Level 1: $200
      Level 2: $400
      Level 3: $600
      Level 4: $800

      For the group changes, customers are asked to cancel all Good ‘Till Cancel (GTC) and Good ‘Till Date (GTD) orders after the close June 2. After 4:00 pm CT on June 2 all remaining GT orders for these futures will be cancelled or deleted by the CME Global Command Center (GCC).

      The settings for all CME Globex products are in the GCC product reference spreadsheet.

      These futures will be available for customer testing in New Release on Monday, May 22.

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

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      Group Code Change for NYMEX Metal Options - June 4

      Effective Sunday, June 4 (trade date Monday, June 5), the NYMEX Metal Options group codes will change for the following products:

      Group Code Change for NYMEX Metal Options
      Product MDP 3.0: tag
      6937-Asset
      Current
      MDP 3.0 tag 1151 -
      Security Group
      New
      MDP 3.0 tag 1151 -
      Security Group
      Current
      MDP 3.0 tag 1151 -
      Security Group (UDS)
      New
      MDP 3.0 tag 1151 -
      Security Group (UDS)

      U.S Midwest Domestic Hot-Rolled Coil Steel (CRU) Index Average

      HRO I1 (eye 1) H1 I2 (eye 2)
      (UDS)
      H2
      (UDS)

      Iron Ore 62% Fe, CFR China (TSI) Average Price Option

      ICT I1 (eye 1) I5 (eye 5) I2 (eye 2)
      (UDS)
      I6 (eye 6)
      (UDS)

      To facilitate this change, customers are asked to cancel all Good ‘Till Cancel (GTC) and Good ‘Till Date (GTD) orders after the close on June 2 After 4:00 pm CT on June 2 all remaining GT orders for these options will be cancelled or deleted by the CME Global Command Center (GCC).

      These options will be available for customer testing in New Release on Monday, May 22.

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

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      Change to Price Bands and Non-Reviewable Range for COMEX Metals Futures - June 4

      Effective Sunday, June 4 (trade date Monday, June 5), the Price Bands and Non-Reviewable Ranges for COMEX Metals futures will be changed as follows:

      Change to Price Bands and Non-Reviewable Range for COMEX Metals Futures
      Product MDP 3.0: tag
      6937-Asset
      iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Current
      Price Bands
      New
      Price Bands
      Current
      Non-Reviewable Range
      New
      Non-Reviewable Range

      Alumina FOB Australia (Platts) Futures

      ALA ST 400 1000 400 500
      Alumina FOB Australia (Metal Bulletin) Futures ALB ST 400 1000 400 500
      Aluminum Japan Premium (Platts) Futures MJP ST 500 2000 500 2000
      Zinc Futures ZNC ST N/A N/A 500 5000

      The price band settings for every CME Globex product are defined in the CME Globex Product Reference.

      These futures will be available for customer testing in New Release on Monday, May 22.

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

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      Listing Cycle Expansion for Petroleum Futures Yearly Calendar Strips - June 4

      Effective Sunday, June 4 (trade date Monday, June 5), the listing cycle for the following petroleum futures calendar strips will be expanded on CME Globex to list four 12-legged yearly strips. Currently, there are only three 12-legged yearly strips listed.

      Listing Cycle Expansion for Petroleum Futures Calendar Strips
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      WTI-Brent Financial Futures BK CC
      WTI Financial Futures CSX CC
      Brent Financial Futures CY CC

      These changes will be available for customer testing in New Release on Monday, May 22.

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

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      New New - Strip Type Change for NYMEX Futures - June 4

      Effective, Sunday, June 4 (trade date June 5), NYMEX Energy futures strips strategy type will be changed from FS Strip to SA Strips. With this change, strips in these markets will be priced as the average of all legs and the strip trade price will be assigned to each outright futures leg.

      To facilitate this change, FS Strips (tag 762-SecuritySubType=FS) for NYMEX Energy futures will be removed from New Release at the close of business Friday, May 26 and CME Globex production environment at the close of business Friday, June 2.

      These SA Strips will be available for customer testing in new release on Tuesday, May 30.

      To facilitate these changes, customers are asked to cancel all Good 'Till Cancel (GTC) and Good 'Till Date (GTD) orders for all NYMEX Energy futures strips by the close of business on Friday, June 2. Any remaining GT orders on UDS will be cancelled by the CME Global Command Center (GCC).

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

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      Decommission of MexDer Order Routing Offering - August 25

      Effective end of day Friday, August 25, Globex order routing and market data for MexDer products will no longer be available via the CME Globex platform. Existing order routing customers to MexDer markets and customers wishing to pursue market access to MexDer should contact Laura Vazquez at lvazquez@grupobmv.com.mx or +(52 55) 53 42 9840. Customers wishing to pursue market access to CME Group markets should contact Global Account Management in the U.S. at 312-634-8700, in Europe at 44 203 379 3754, or in Asia at 65 6593 5505.

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