• EBS Market Integration Notice: New and Updated Content

      • To
      • EBS Customers
      • From
      • Global Market Solutions & Services (GMSS)
      • #
      • 20210603
      • Notice Date
      • 03 June 2021
    • EBS Market Integration Notice: New and Updated ContentEBS Market Integration onto CME Globex

      In Q4 2021, subject to applicable regulatory approvals, EBS Market's Central Limit Order Book and eFix Matching Service will launch on CME Globex. You will receive subsequent notices with additional details and actions required to support the EBS Market integration onto CME Globex.

      The EBS Market on CME Globex Launch Schedule is now available with details on New Release and Production milestones.

      Topics in this issue include:

      Production Connectivity Options and Order Forms Available Now

      Production Environment connectivity offerings and order forms for EBS markets are now available.

      CME Group requests all Production Connectivity Access Request and Change Forms be submitted by Wednesday, June 30 to ensure readiness for the mock trading session(s) in September 2021 and EBS Market launch on CME Globex in Q4 2021.

      If you have any questions, please contact Global Account Management.

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      EBS Operational Readiness Guide Available Now

      A new client onboarding and setup resource is now available to assist clients with the integration of EBS Market's central limit order book and eFix Matching Services onto CME Globex.

      The EBS Operational Readiness Guide includes checklists and details required for accessing and setting up EBS services for CME Globex, links to required forms and related resources, and support team contact details.

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      Update - Client Testing for EBS Market and eFix Matching Service on CME Globex

      † Denotes update to the article

      †Starting Wednesday, June 9, Latency Floor and Price Discretion features will be available for EBS Market and eFix in CME Globex New Release environment for client and vendor testing. More detailed information on these functionalities is now available on the Client Systems Wiki:

      †Core features for EBS Market and eFix Matching Service are now available in the CME Globex New Release environment for client and vendor testing, including order entry, market data, Drop Copy and product reference data.

      Full details on features and functionality are available now in the EBS Market on CME Globex Launch Schedule.

      All EBS Market and eFix Matching client systems will need to establish connectivity to the CME Globex New Release environment prior to testing or certifying. See the EBS integration environments overview for details about accessing the test environments. Clients may choose from the following options:

      • CME Cert VPN: a secure, encrypted tunnel through an internet service that supports VPN protocols.
      • CME Cert Data Center: cross-connect to CME Data Center locations (where offered), using a 1Gbps fiber handoff.

      ACTION REQUIRED
      Learn more about how to get set up for testing, including connecting to CME Globex New Release environment and setting up a system profile, company details, and sessions:

      If you have any questions, please contact Global Account Management.

      Please review the following Client Impact Assessments for more details:

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      New - EBS Spot Book Depth Update in New Release

      Effective Monday, June 13, the following spot instrument book depths will be updated for CME MDP Conflated UDP market data channels in New Release. Book depth is indicated by tag 264-MarketDepth in the Security Definition (tag 35-MsgType=d) message. For more information regarding MBP book management messages see Market by Price (MBP) in the Client Systems Wiki.

      Instrument Current Book Depth Updated Book Depth Channel ID
      XPD/USD 3 5 528
      XPT/USD 3 5 528
      XAG/USD 3 5 528
      XAU/EUR 3 5 528
      XAU/USD 3 5 528
      XAG/USD 3 5 528
      XPD/USD 3 5 528
      XPT/USD 3 5 528
      EUR/CNH 3 5 529
      NOK/SEK 10 5 529
      USD/DKK 3 5 529

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      AutoCert+ Available Now

      The Market Data, iLink 3 and Drop Copy AutoCert+ test suites are now available for application certification in preparation for the EBS Market launch on CME Globex. AutoCert+ is an automated testing tool for validating application functionality prior to connecting to and transacting on CME Group platforms. Certification ensures messaging and processing reliability and the capability to gracefully recover during abnormal events.

      CME Group requires that all client and vendors systems are certified by AutoCert+ before connecting to the Production environment for:

      For certification assistance or questions, please contact Certification Support for Electronic Trading (CSET).

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      New - The ‘Future of EBS’ Webpage is Available Now

      A new resource about comprehensive 2021 changes to EBS trading venues, platforms, and services, the ‘Future of EBS’ webpage, is now available. The Future of EBS webpage provides timelines, key milestones, customer impacts for EBS Market, eFix Matching Service, EBS Direct, and APIs, and additional customer resources.

      Please check this page often to view additional new resources as projects evolve.

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      Subscription Center for EBS Market Integration Notice

      Please be aware that customers can now subscribe to receive EBS Market Integration Notices via the Subscription Center, a self-serve online resource for managing email communications from CME Group. The EBS Market Integration Notices are currently sent bi-weekly at 2am Central Time (CT) Thursday and include communications regarding the up-to-date details and actions required for clients to support the EBS Market integration onto CME Globex.

      All clients who currently receive the EBS Market Integration notice will remain on the distribution and will not require any action to continue receiving the notice.  New clients who want to start receiving the EBS Market Integration notice will need to use their CME Group Login to access Subscription Center and select “EBS Market Integration Notices” to subscribe. 

      Additional details about how to Subscribe to the EBS Market Integration Notice are now available.

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