Versions of BrokerTec notices dated March 23, 2023, and onward are available from the Notice Search page.
Archived BrokerTec notices dated July 2019 through March 9, 2023, are available from the BrokerTec Support Portal, which requires a separate login.
Critical System Information
NewUpcoming Change to Risk Management System Designated Person Form Process - Q4 2024
In Q4 2024, the current nominated Risk Management System Designated Person (DP) for each BrokerTec participant will be migrated to BrokerTec Risk Management System users. This migration will happen automatically so long as each Risk DP has a valid CME Group Login that matches the email address on file in Service Cloud DP.
Each BrokerTec participant is recommended to:
- Review and update its current listing of Risk DPs as required
- Ensure that each Risk DP has a valid CME Group Login
For questions on how to make changes, information regarding the authorized persons or middle office managers for your firm, or any system support, contact CME Global Account Management.
New Process - Expected in Q4 2024
Starting in Q4 2024, BrokerTec will stop onboarding new Risk DPs. New users appointed by the firm’s Middle Office Managers will be onboarded as BrokerTec Risk Management System users and given BrokerTec risk system entitlements. The BrokerTec Risk Managers will be onboarded via this form.
The form must be submitted by a Middle Office Admin Manager who oversees the GFIDs they are requesting. If the firm does not have a Middle Office Manager, the firm will need to work with CME Global Account Management to have one set up by filling out the Self-Service form in Service Cloud.
Current Process
When a BrokerTec participant seeks to nominate a new Risk DP, an existing Risk DP for the participant must complete this form. In the event an existing Risk DP is no longer with the firm, an authorized person of the firm may contact EASE directly rather than completing the form.
When nominating a new Risk DP, only a written request by an authorized person of the firm is considered. As a reminder, BrokerTec participants should keep their Risk DPs current and should make any changes as soon as possible to avoid any delays in trading activity.
If you have compliance questions contact US Compliance.
Product Changes
Reduction of Upper Price Limit for BrokerTec European Cash Bonds on CME Globex - This Week
Effective this Sunday, July 14 (trade date Monday, July 15), the Upper Price Limit will be reduced for following BrokerTec European cash bonds on CME Globex.
| BROKERTEC Reduction of Upper Price Limit for European Cash Bonds | ||||
|---|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP | CURRENT UPPER PRICE LIMIT | NEW UPPER PRICE LIMIT |
| AUSTRIAN BILATERAL BONDS | ATCBND | GBIL | 240 | 150 |
| AUSTRIAN BONDS | ATBOND | EUBD | ||
| BELGIAN BONDS | BEBOND | EUBD | ||
| EIB BONDS | XSBOND | EUCA | ||
| EUROPEAN UNION BONDS | EUBOND | EUCA | ||
| FINLAND BONDS | FIBOND | EUBD | ||
| FRANCE BONDS | FRBOND | EUBD | ||
| GERMAN BONDS | DEBOND | EUBD | ||
| GREECE BILATERAL BONDS | GRBOND | GBIL | ||
| IRELAND BONDS | IEBOND | EUBD | ||
| ITALIAN BONDS | ITBOND | EUBD | ||
| NETHERLANDS BONDS | NLBOND | EUBD | ||
| PORTUGAL BONDS | PTBOND | EUBD | ||
| SLOVAKIA BONDS | SKBOND | EUBD | ||
| SLOVENIA BONDS | SIBOND | EUBD | ||
| SPAIN BILATERAL BONDS | ESCBND | GBIL | ||
| SPAIN BONDS | ESBOND | EUBD | ||
These changes are currently available for customer testing in New Release.
Announcements and Additional Resources
NewInternal Testing Reminder
As a reminder, CME Group internal testing in the Production environment can occur during the weekend. Any trades or market data generated during these tests should be disregarded.
Clients can connect to CME Globex services beginning at 10:30 a.m. Central Time (CT) Sundays to prepare for weekly start-up. Clients should ensure all services are disconnected by 5:00 p.m. CT Fridays to avoid receiving internal test data.
CME Group Trading and Clearing Hours are also available on the CME Group website.
BrokerTec US, BrokerTec EU, and EBS Customer Disaster Recovery Exercises - July 27
CME Group strongly encourages all BrokerTec US, BrokerTec EU, and EBS customers to register to test with our disaster recovery systems, to help ensure readiness and test your ability to transact via our DR systems.
- Saturday, July 27 - US and Europe Markets (BrokerTec & EBS)
Additional information for the exercise can be found in the DR Test Script.
Please register to participate in the DR testing exercise. Registration is required to participate.
