Effective Sunday, July 25, the following CME FX options on futures will change to the variable minimum tick increment of 02. Currently, these instruments use a fixed tick increment.
· EUR/CHF (tag 1151-SecurityGroup=RF)
· EUR/JPY (tag 1151=RY)
· EUR/GBP (tag 1151=RP)
The Variable Tick Table (VTT) values and corresponding minimum tick increments per price are defined in the instrument’s Security Definition message (tag 35-MsgType=d) in the repeating group tag 871-InstAttribType=23, tag 872-InstAttribValue=variable tick table value, as described in the FIX/FAST Message Specifications module of the FIX/FAST SDK.
These options will be available with the VTT enabled in New Release for customer testing Monday, July 12.
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.