For the latest roadmap of CME Group technology initiatives:
See the Development Launch Schedule.
Additional Resources:
- 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 U.S. Compliance.
BrokerTec U.S. Repo Managed Order Enrichment - Q1 2025
Effective Q1 2025, BrokerTec on CME Globex will introduce the new Top of Stack (TOS) priority feature for U.S. Repo instruments. TOS prioritizes the passive managed order of the TOS owner based on the pre-defined TOS requirements.
More details on the TOS functionality are now available in the client impact assessment.
With this launch, BrokerTec U.S. Repo clients can receive the Unsolicited Modify message in a scenario when the passive managed order (i.e. tag 6881-ManagedOrder=1) is reprioritized with quantity adjustment. See Unsolicited Modify Acknowledgment Messages for more information on this type of order modification. Currently, iLink tag 6881 is for internal use only.
The new TOS for products subject to this change are currently available for customer testing in New Release.
Reminder: 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.
BrokerTec GTC-GTD Order Qualifiers and Pre-Open Change - January 12
Effective January 12 (trade date Monday, January 13), two new order qualifiers will be supported for BrokerTec U.S. Treasury Actives:
Please review the client impact assessment for more messaging, and functionality information.
The new BrokerTec GTC-GTD Order Qualifiers is currently available for customer testing in New Release.
BrokerTec U.S. Treasury Actives Pre-Open Change
With the release, client systems will see their open orders resting on the book after the close and available for trading after the market open. To accommodate the order maintenance, the Pre-open timing on Sundays for the BrokerTec U.S. Treasury Actives will be expanded from 15 minutes to one hour.
BrokerTec MDP 3.0 SBE Schema Update - February 2
To support future enhancements for BrokerTec markets on CME Globex, including BrokenDates fields, the MDP 3.0 SBE core schema will be updated to version 13 starting Sunday, February 2 (trade date Monday, February 3), and conclude Sunday, March 16 (trade date Monday, March 17). The new fields are for future use and will not be populated with the schema launch. More information regarding these enhancements will be published in a future BrokerTec Markets on CME Globex Notice.
All BrokerTec channels on CME Globex are currently utilizing core schema version 11. To ease customer development efforts, the new SBE schema files will support template extension for MDP 3.0 messages. For client systems that do not support template extension, the schema update is not backward compatible, and the MDP 3.0 messages sent from CME Globex cannot be decoded.
CME Group strongly advises to test the readiness of client applications in advance of the schema upgrade in the NR environment.
Please review the client impact assessment for full technical details and launch schedule.
Front-End Clients
NewBrokerTec Sync Client 5.0 Upgrade - Now Available
The BrokerTec Sync client version 5.0.1 is now available to download on the BrokerTec Support portal. This new client contains security and stability updates.
This is a mandatory upgrade. BrokerTec Sync clients utilizing versions prior to 5.0.1 will not be able to log in after Friday, May 30.
Network Requirements
As our services migrate to Google Cloud, this new client version requires access to the following URLs over the public Internet from the BrokerTec Sync user’s workstation:
| BrokerTec Sync Portal | |
|---|---|
| Current URLs (Clients version 3.x/4.x) | New URLs (Client version 5.0+) |
| https://sync.brokertec.com https://paging.numecentcloud.com |
https://markets.api.cmegroup.com/brokertec/sync-portal https://paging.numecentcloud.com (no change) |
Installation Requirements
Please note that customers upgrading from a previous version of the BrokerTec Sync client will be prompted to reboot their workstation during the upgrade process. To minimize disruption, we strongly encourage customer support teams to schedule this upgrade at an appropriate time.
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.
BrokerTec Global Front End Upgrade Client 11.5 - Now Available
A new BrokerTec Global Front End (GFE) Client 11.5 software upgrade is now available. Firms that need to package the BrokerTec GFE Client for distribution can download and distribute version 11.5.0.2 as needed. .
The software release includes:
- CME SOFR and €STR futures market data - View real-time, top of book SOFR and €STR futures data. A new link in the “Market” menu will allow access to these markets via a dedicated window.
- Technical Enhancements - aimed at improving application stability.
For additional details, please see BrokerTec GFE Client 11.5 - What's New.
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.
BrokerTec Preferences Server - May 19
The BrokerTec Preferences server, used by BrokerTec GFE clients to store user preferences and application logs, will migrate to the Google Cloud on Monday, May 19.
The following URL must be made accessible from traders’ workstations over the Internet by that date:
| BrokerTec Preferences Server | |
|---|---|
| Current URL | New URL (starting May 19) |
| https://www.btec.com | https://markets.api.cmegroup.com/brokertec/preferences/ |
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.
Post-Trade
NewCME STP Expanded Operating Hours - This Week
Effective this Sunday, December 15 (trade date Monday, December 16), to better support the global client base, CME STP Production service will be avaialble from 1500 UTC Sunday through 0400 UTC Saturday.
There is no change to availability of CME STP Services in New Release.
CME GC Allocator API Migration to Google Cloud - Now Available
The CME GC Allocator API is now available in Google Cloud.
Details on CME GC Allocator API -hosted by Google Cloud are below:
| GC Allocator API Endpoints | ||
|---|---|---|
| Environment | Current URL / IP | Google Cloud URL / IP |
| Production (via Internet) |
https://api.gcallocator.cmegroup.com/ 205.209.196.176 |
https://posttrade.api.cmegroup.com/gca/v2 208.112.128.6 |
| Production (via dedicated connectivity) |
https://api.gcallocator.cmegroup.com/ 167.204.72.94 |
https://posttrade.api.cmegroup.com/gca/v2 Primary (Production): 208.112.164.3 Secondary (DR): 208.112.148.3 Note: Dedicated connectivity solution will be available in Q1 2025, URL subject to change. |
| New Release (via Internet) |
https://api.gcallocator-nr.cmegroup.com/ 164.74.123.38 |
https://posttrade.api.uat.cmegroup.com/gca/v2 208.112.192.6 |
| New Release (via dedicated connectivity) |
https://api.gcallocator-nr.cmegroup.com/ 164.74.124.38 |
https://posttrade.api.uat.cmegroup.com/gca/v2 NR Primary: 208.112.228.3 NR Secondary: 208.112.148.3 Note: Dedicated connectivity solution will be available in Q1 2025, URL subject to change. |
GET requests with ‘content-type’ header set to ‘application/json’ will be rejected with a 400 return code when connecting to theCME GC Allocator API - hosted by Google Cloud. To avoid this issue, please remove the ‘content-type’ header from all GET requests targeting the CME GC Allocator API endpoints.
Clients can continue to use their existing OAuth API IDs to access the CME GC Allocator API in Google Cloud.
The current URLs for CME GC Allocator API endpoints will be decommissioned in Q2 2025.
CME STP FIX API on Google Cloud - February 16
Effective Sunday, February 16 (trade date Monday, February 17) CME STP FIX API service will be available on Google Cloud.
View the client impact assessment for additional information.
CME STP FIX API on Google Cloud will be available in New Release on Wednesday, January 8.
CME STP FIXML on Google Cloud - March 31
Effective Monday, March 31, all client systems must complete a mandatory certification of regional switch processing for CME STP FIXML on Google Cloud.
This certification is not a prerequisite for clients migrating to CME STP FIXML on Google Cloud.
View the client impact assessment for additional information.
Announcements and Additional Resources
BrokerTec Algorithmic Trading Systems Annual Recertification - December 31
As a reminder, algorithmic trading participants of the BrokerTec EU RM and the BrokerTec EU MTF are required to self-certify annually that the algorithms they deploy have been tested to avoid contributing to or creating disorderly trading conditions, as well as explain the means used for that testing, by completing the Annual Certification Form. If you have not completed the re-certification yet, please do so by December 31.
To complete the self-certification process, BrokerTec front office managers must review and confirm all algorithmic trading systems registered in the CME Customer Center via Request Center > BrokerTec Requests > Algorithmic Trading, then update the Certification Date and attach the updated or new certification form for all registered Algos.
For more information on completing the Annual Algorithmic System Certification and managing Algos, please refer to the CME Customer Center User Help.
For support and questions regarding functionality, please contact Global Account Management.
