FIXML Cleared Trade Order ID Enrichment, November 12, 2018 - Effective July 16, 2018

CME has enhanced its FECPlus FIXML API to allow three (3) new Order ID fields to be included on the trade update message. These new fields can be submitted as part of the Trade Update Request and will be sent to the Clearing Firm via a new ‘Unsolicited Update’ confirmation message.

The enhancement is designed to allow a third-party Service Provider acting on behalf of a Clearing Firm to enrich a cleared trade with additional Order IDs familiar to the Clearing Firm and its customers. The purpose of the new Order ID fields is to help firms identify the trades for allocation and streamline processing in their middle and back office systems.

For the full text of this advisory, please click here.