• CME ClearPort Notices: April 3, 2018

      • To
      • CME ClearPort Customers
      • From
      • Global Market Solutions and Services
      • #
      • 20180403gui
      • Notice Date
      • 03 April 2018
    • Topics in this issue include:

      New - EFR and EFP Trade Support for TAS and TAM Pricing

      Effective Sunday, April 22 (trade date Monday, April 23), pending all relevant CFTC regulatory review periods, CME ClearPort will support Trade at Settlement (TAS) and Trade at Marker (TAM) pricing for Trade Types: Exchange for Physical (EFP) and Exchange for Risk (EFR) on TAS/TAM eligible products.

      Spreads and combinations may be executed at TAS/TAM pricing provided all the legs are eligible.

      This enhancement will be available in New Release for customer testing on Wednesday, April 11.

      Price Precision Extension

      In the Q4 2018, CME ClearPort price precision will allow for 9 decimals for prices on the Trade Entry, Trade Confirmation, Trade Blotter and Trade Ticket screens.

      Also in Q4 2018, the first application of this new price format functionality, pending regulatory approval, will implemented be for 2-Year Treasury Note Futures, Future Spreads and inter-commodity spreads, with a price precision of eight decimal places.

      For more on impacted products and CME Globex, iLink messaging, Drop Copy and Market Data impacts, view the CME Globex Client Impact Assessment.

      These enhancements will be available for customer testing in New Release in the Q2 2018.