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
Upcoming 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.
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.
Advertised Routes Update for Google Cloud Access via Client-Managed Connectivity Solutions - October 12
To prepare for the upcoming migrations of CME STP and other CME Group services to Google Cloud, effective Saturday, October 12, the following Public IP Prefixes will be advertised on all CME Group for BrokerTec connectivity options. Clients should ensure their networking teams are aware of and prepared for this change to ensure no interruption of services.
| Production Ranges | New Release, Certification and CL2 Ranges |
|---|---|
| 167.204.72.0/25 - New to RNet connections only; already advertised on other connection types 208.112.148.0/24 208.112.149.0/24 208.112.150.0/24 208.112.151.0/24 208.112.164.0/24 208.112.165.0/24 208.112.166.0/24 208.112.167.0/24 208.112.180.0/24 208.112.181.0/24 208.112.182.0/24 208.112.183.0/24 208.112.244.0/24 208.112.245.0/24 208.112.246.0/24 208.112.247.0/24 |
208.112.212.0/24 208.112.213.0/24 208.112.214.0/24 208.112.215.0/24 208.112.228.0/24 208.112.229.0/24 208.112.230.0/24 208.112.231.0/24 |
NewReminder: Notification Required for Changes in MPID or Registration Status
BrokerTec Americas has an obligation to report U.S. Treasury transactions to FINRA's Trade Reporting and Compliance Engine (TRACE). Each report must identify the parties to the transaction using a FINRA assigned Market Participant Identifier (MPID).
As a reminder, participants must notify BrokerTec of their change in entity type, regulatory status, and any changes to MPIDs as soon as possible, if not prior to the change, to ensure complete and accurate trade reporting.
For more information, view the TRACE FAQ.
If you have any questions please contact USCashMarketsCompliance@cmegroup.com.
Product Launch
NewListing Euro Short Term Rate (€STR) Repos on Spanish Collateral for Trading on BrokerTec CME Globex - October 6
Effective Sunday, October 6 (for trade date Monday, October 7) the following new Spanish €STR, LCH SA cleared “Classic” type Repos and GC Baskets will be listed on CME Globex.
| Listing New €STR Repos for Spanish Collateral on BrokerTec | ||||
|---|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP | MDP 3.0 Tag 2714- Financial Instrument Full Name | MDP 3.0: TAG 1180-APPLID |
| Spanish Classic €STR Repo LCH SA Bills | ESBSTA | ESTA | SA_CLASSIC_ESTR_SGLT_* | 517 |
| Spanish Classic €STR Repo LCH SA Bonds | ESDSTA | ESTA | SA_CLASSIC_ESTR_SPGB* | |
| Listing New €STR GC Baskets forSpanish Collateral on BrokerTec | ||||
|---|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP | MDP 3.0 Tag 2714- Financial Instrument Full Name | MDP 3.0: TAG 1180-APPLID |
| SPAIN GC €STR SA CLASSIC | ESGSTA | ESGC | GC_ESTR_CLASSIC_SPAIN | 517 |
| SPAIN GC €STR SA CLASSIC SUB 10YR | EGST10 | ESGC | GC_ESTR_CLASSIC_SPAIN_SUB_10YR | |
These repos and baskets will be made available for customer testing in New Release on Sunday, September 22.
Front-End Systems
NewBrokerTec Global Front End Upgrade Client 11.4 - October 8
On Tuesday, October 8, a new BrokerTec Global Front End (GFE) Client 11.4 software upgrade will be available. Firms that need to package the BrokerTec GFE Client for distribution can download and distribute version 11.4 once it is available.
Customers using BrokerTec Sync will automatically be upgraded to the latest version starting Tuesday,October 8.
The software release includes:
- U.S. Treasury instruments
- Price Depth support for RV Curves and Butterflies
- Traders can toggle the RV Curves and Butterflies market to show market by order or market by price.
- Price Depth support for RV Curves and Butterflies
- U.S. and UK/EU Repo
- Bulk Order Manager Import error reporting enhancement
- Traders importing orders into the Bulk Order Manager (BOM) from a CSV file will now get a detailed report of any error encountered during the import processing in the BOM ‘Errors’ panel (e.g., invalid CUSIP/ISIN).
- Bulk Order Manager Import error reporting enhancement
- Technical Enhancements
- This release contains technical improvements aimed at improving application stability.
Any client inquiries for technical issues or Production support should be directed to the CME Group Global Command Center (GCC) in the U.S. +1 800 438 8616, in Europe at +44 20 7623 4747, or in Asia at +65 6532 5010.
Announcements and Additional Resources
SIFMA Business Continuity Test - October 5
BrokerTec US will participate in the SIFMA Business Continuity Test on Saturday, October 5. All BrokerTec US client testing is scheduled for 9:00 to 11:00 a.m. Eastern Time in our production environment.
To participate in the SIFMA Business Continuity Test, users must first register directly with SIFMA.
All customers who intend to participate must provide their Production CME Group Login and any CME API IDs they intend to test with GCC by Friday, September 27, to be enabled for weekend testing privileges.
Please email your selected testing login IDs to gcc@cmegroup.com after completing your registration at SIFMA.
