iLink Enhancements for MexDer via CME Globex
The previously announced iLink Enhancements for Mercado Mexicano de Derivados (MexDer) North- to- South order routing solution have been rescheduled to Sunday, April 29.
These enhancements include:
- Implementation of new Cancel/Replace Request rules
- Acknowledgements for Account, Price or Quantity changes
- Mandatory In Flight Mitigation (IFM) for all MexDer products
- Message flow for Cross Orders
The client impact assessment is now available online. These changes are currently available in New Release for customer testing.
iLink Enhancement for Order Handling Flag
Effective Sunday, June 3, 2012 (trade date Monday, June 4), in response to Clearing Firm requests and in conjunction with a Futures Industry Association (FIA) initiative, iLink order routing will launch support for FIX tag 1031-CustOrderHandlingInst. This tag will allow trading and clearing firms to identify the source of any order.
The value submitted on a new order in tag 1031-CustOrderHandlingInst will be passed through to the CME Clearing House at trade, and populated on all FIXML trade confirmation and allocation messages. It will also be supported by the CME Clearing House Give-up Payment System (GPS).
When tag 1031-CustOrderHandlingInst is submitted on the New Order (tag 35-MsgType=D), it will be returned on all associated Execution Reports (tag 35=8).
||A = Phone simple
B = Phone complex
C = FCM-provided screen
D = Other-provided screen
E = Client-provided platform controlled by FCM
F = Client-provided platform direct to exchange
G = FCM API or FIX
H = Algo Engine
J = Price at Execution (price added at Initial order entry, trading, middle office or time of give-up)
W = Desk – Electronic
X = Desk – Pit
Y = Client – Electronic
Z = Client – Pit
||Defines source of original order
Tag 1031 is currently available in New Release for customer testing.
Please contact the CME Clearing House at 312.207.2525 with any questions.