CME Clearing is planning to update the "Venue" (in FECPlus UI) and "Input Source" (on FIXML messages) for incoming Cross-Exchange (MOS) Allocations; submitted from SGX Firms to CME Firms. The Production date for this change is for Trade Date Monday, February 26, 2024.
The goal of this change is to correct an old/hard-coded value for Venue and Input Source on inbound Cross-Exchange Allocations. Currently, the value for both is set to PSGX, indicating Pit, which is incorrect. Going forward, the value will be set to ESGX, which indicates Electronic. Any Firm that claims incoming Cross-Exchange Allocations may be impacted by this change.
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24-033