• CME STP Notices: February 14, 2018

      • To
      • CME STP Customers
      • From
      • Global Market Solution and Services
      • #
      • 20180214
      • Notice Date
      • 14 February 2018
    • CME STP

      New New - CME STP FIXML Library 

      A new CME STP FIXML Library resource is currently available in the Client Systems Wiki. This page centralizes the CME STP FIXML Message Specification and includes filters for querying messages by:

      • Name
      • Abbreviation
      • Datatype

      Back to Top

       

      CME FX Link Messaging in CME STP - March 25

      Effective Sunday, March 25 (trade date Monday, March 26), CME Group is launching CME FX Link a new spot FX basis spread on CME Globex. CME FX Link will provide unique new capital, margin and operational benefits for the FX marketplace by efficiently linking trading activity in FX Futures and OTC Spot FX via CME Globex.  

      The spot FX basis spread will be offered between OTC Spot FX and CME FX futures for the following six currency pairs:

      • EUR/USD
      • JPY/USD
      • GBP/USD
      • CAD/USD
      • AUD/USD
      • MXN/USD

      Learn more regarding CME Globex and CME STP.

      CME FX Link functionality is currently available for customer testing in New Release.

      Back to Top

      Price Precision Extension - 2018

      In the second half of 2018, CME STP will support an increase to the maximum price precision from seven to nine decimal places to provide greater price granularity for future launches.

      In Q4 2018, the first application of this new price format functionality, pending regulatory approval, will be implemented for 2-Year Treasury Note futures, future spreads and inter-commodity spreads.

      For more on impacted products and CME Globex, iLink messaging, Drop Copy and Market Data impacts, view the CME Globex Client Impact Assessment.

      All impacted attributes are on Trade Capture Reports at the Trade Capture Report or Trade Instrument Leg Group level.

      Level Field Name FIXML Attribute Name
      /TrdCaptRpt

       

      Trade Price LastPx
      Average Price AvgPx
      Differential Price DiffPx
      /TrdCaptRpt/TrdLeg Leg Last Price LastPx
      Leg Differential Price DiffPx

      These enhancements will be available for testing in New Release in the first half of 2018.

      Back to Top

      CME STP FIX

      New New - CME STP FIX Library 

      A new CME STP FIX LIbrary resource is currently available in the Client Systems Wiki. This page centralizes the CME STP FIX Message Specification and includes filters for querying messages by:

      • Tag
      • Name
      • Req
      • Format

      Back to Top

       

      CME FX Link Messaging in CME STP FIX  - March 25

      Effective Sunday, March 25 (trade date Monday, March 26), CME Group is launching CME FX Link a new spot FX basis spread on CME Globex. CME FX Link will provide unique new capital, margin and operational benefits for the FX marketplace by efficiently linking trading activity in FX Futures and OTC Spot FX via CME Globex.  

      The spot FX basis spread will be offered between OTC Spot FX and CME FX futures for the following six currency pairs:

      • EUR/USD
      • JPY/USD
      • GBP/USD
      • CAD/USD
      • AUD/USD
      • MXN/USD

      Learn more regarding CME Globex and CME STP FIX.

      CME FX Link functionality is currently available for customer testing in New Release.

      Back to Top

      Strategy Link ID Update - March 25

      Effective Sunday, March 25 (trade date Monday, March 26), the FIX tag used for Strategy Link ID will be updated from 820 to 1851.

      FIX Tag Attribute FIXML Abbreviation Level Description
      1851 Strategy Link ID StrategyLinkID TrdCaptRpt/RptSide Links a group of trade legs together.

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

      Back to Top

       

      Price Precision Extension - 2018

      In the second half of 2018, CME STP FIX will support an increase to the maximum price precision from seven to nine decimal places to provide greater price granularity for future launches.

      In Q4 2018, the first application of this new price format functionality, pending regulatory approval, will be implemented for 2-Year Treasury Note futures, future spreads and inter-commodity spreads.

      For more on impacted products and CME Globex, iLink messaging, Drop Copy and Market Data impacts, view the CME Globex Client Impact Assessment.

      All impacted attributes are on Trade Capture Reports at the Trade Capture Report or Trade Instrument Leg Group level.

      Level FIX Tag Field Name FIXML Attribute Name
      /TrdCaptRpt

       

      31 Trade Price LastPx
      6 Average Price AvgPx
      10033 Differential Price DiffPx
      /TrdCaptRpt/TrdLeg 637 Leg Last Price LastPx
      2492 Leg Differential Price DiffPx

      These enhancements will be available for testing in New Release in the first half of 2018.

      Back to Top

       

      CME STP Trade View

      CME FX Link Messaging in CME STP Trade View  - March 25

      Effective Sunday, March 25 (trade date Monday, March 26), CME FX Link, a new spot FX basis spread, will launch on CME Globex. CME FX Link will provide unique new capital, margin and operational benefits for the FX marketplace by efficiently linking trading activity in FX Futures and OTC Spot FX.  

      The spot FX basis spread will be offered between OTC Spot FX and CME FX futures for the following six currency pairs:

      • EUR/USD
      • JPY/USD
      • GBP/USD
      • CAD/USD
      • AUD/USD
      • MXN/USD

      CME FX Link trades is currently available in CME STP Trade View for customer testing in New Release.

      Learn more about CME FX Link on CME Globex.

      Back to Top

       

      Contacts

      Please contact the following support teams for:

      Back to Top