-
EBS Market on CME Globex Notice
-
-
- To
- EBS Customers
-
- From
- CME Group
-
- #
- 20220616
-
- Notice Date
- 16 June 2022
-
EBS Market on CME Globex Notice
Topics in this issue include:
Critical System Information
Changes to EBS Customer Lab
Effective Monday, June 27, to ensure a robust and stable environment for client testing, CME Group will modify the EBS Customer Lab environment maintenance window. With this change, the maintenance window will be 5 am - 12 pm Central Time (CT), Wednesdays. Currently, the EBS Customer Lab environments maintenance windows are 2 pm - 6 pm CT Thursday. As a result, the following customer APIs will be impacted by this change:
- EBS Direct
- EBS Central Post Trade
Maintenance windows are a specified period of time during which an environment is unavailable to allow CME Group to launch and test new releases; and perform maintenance operations.
Please Note: Services are available from 8 pm Central Time (CT) Sunday to 4 pm CT Friday except during the maintenance window.
CME Group will announce future modifications to the CME Group EBS Customer Lab environment maintenance window in the EBS Market on CME Globex Notices.
Please contact Certification Support for Electronic Trading (CSET) with any questions in the U.S. at +1 312 930 2322, in Europe at +44 20 3379 3803 or in Asia at +65 6593 5593.
EBS Market OFF-SEF/OFF-MTF NDF Migration
As previously announced, EBS is restructuring the EBS Market off-SEF NDF venue effective Sunday, July 24 (trade date Monday, July 25), pending regulatory approval. All EBS Market off-SEF/off-MTF NDFs will be migrated to off-SEF/on-MTF UK-regulated multi-lateral trading facility (“MTF”) operated by BrokerTec Europe Limited, which is authorized and regulated by the UK Financial Conduct Authority.
This change will have no impact for the on-SEF/on-MTF NDF venue operated by NEX SEF Limited, nor the EBS Market or EBS Direct FX Spot instruments, which will continue to operate as they do today.
Instrument Attributes
With this migration, the following instrument attributes will be updated:Attribute MDP 3.0 Reference Data API Exchange Identifier
Current: EBSC
New: XEBS207-SecurityExchange
exchangeGlobex
MTF Indicator
Current: Off
New: OnRepeating group 870-NoInstAttrib, 872-InstAttribValue, position 25
onMTF
These changes will be reflected in the MDP Security Definitions and in Reference Data API before the start of trading on Sunday, July 24.
Impacted Currencies
The following currencies will be impacted with this migration:
Impacted Currencies ARS 1M
US Dollar/Argentine Peso NDF 1 Month off-SEF
BRL 1M
US Dollar/Brazilian Real NDF 1 Month off-SEF
CLP 1M
US Dollar/Chilean Peso NDF 1 Month off-SEF
CNY 1M
US Dollar/Yuan NDF 1 Month off-SEF
COP 1M
US Dollar/Columbian Peso NDF 1 Month off-SEF
EGP 1M
US Dollar/Egyptian Pound NDF 1 Month off-SEF
EGP 2M
US Dollar/Egyptian Pound NDF 2 Month off-SEF
EGP 3M
US Dollar/Egyptian Pound NDF 3 Month off-SEF
GHS 1M
US Dollar/Ghana Cedi NDF 1 Month off-SEF
IDR 1M
US Dollar/Indonesian Rupiah NDF 1 Month off-SEF
INR 1M
US Dollar/Indian Rupee NDF 1 Month off-SEF
KES 1M
US Dollar/Kenyan Shilling NDF 1 Month off-SEF
KRW 1M
US Dollar/South Korean Won NDF 1 Month off-SEF
MYR 1M
US Dollar/Malaysian Ringgit NDF 1 Month off-SEF
NGN 1M
US Dollar/Nigerian Naira NDF 1 Month off-SEF
PEN 1M
US Dollar/Peruvian Nuevo Sol NDF 1 Month off-SEF
PHP 1M
US Dollar/Philippine Peso NDF 1 Month off-SEF
RUB 1M
US Dollar/Russian Ruble NDF 1 Month off-SEF
TRY 1M
US Dollar/Turkish Lira NDF 1 Month off-SEF
TWD 1M
US Dollar/New Taiwan Dollar NDF 1 Month off-SEF
VND 1M
US Dollar/Vietnamese Dong NDF 1 Month off-SEF
ZMW 1M
US Dollar/Zambian Kwacha NDF 1 Month off-SEF
INR EOM JAN
US Dollar/Indian Rupee NDF 1 Month off-SEF
INR EOM FEB
US Dollar/Indian Rupee NDF 1 Month off-SEF
INR EOM MAR
US Dollar/Indian Rupee NDF 1 Month off-SEF
INR EOM APR
US Dollar/Indian Rupee NDF 1 Month off-SEF
INR EOM MAY
US Dollar/Indian Rupee NDF 1 Month off-SEF
INR EOM JUN
US Dollar/Indian Rupee NDF 1 Month off-SEF
INR EOM JUL
US Dollar/Indian Rupee NDF 1 Month off-SEF
INR EOM AUG
US Dollar/Indian Rupee NDF 1 Month off-SEF
INR EOM SEP
US Dollar/Indian Rupee NDF 1 Month off-SEF
INR EOM OCT
US Dollar/Indian Rupee NDF 1 Month off-SEF
INR EOM NOV
US Dollar/Indian Rupee NDF 1 Month off-SEF
INR EOM DEC
US Dollar/Indian Rupee NDF 1 Month off-SEF
Trading Schedule
The off-SEF/on-MTF NDFs will have a daily trading close, similar to the NEXS on-SEF/on-MTF instruments. All Good for Session (GFS) orders are eliminated at the close, as documented here. Currently, the off-SEF/off-MTF NDFs close weekly.MiFID Short Code Identifiers
With this migration, CME Globex will validate MiFID short code identifiers for the new off-SEF/on-MTF instruments. Details on the use of Short Code Identifiers in iLink 3 are detailed in the Client Systems Wiki.Reporting Impacts
The CEOD200 report will be expanded to include both EBSSC-listed instruments and the new BEL-listed instruments.There will be no impact to market data channels or order entry gateways. The current CME Globex Group Codes, product codes and product names will not change. There is no impact to CEOD201 reports.
The off-SEF/on-MTF NDF instruments will be available for customer testing in the CME Globex New Release environment Monday, July 11. A new supplemental functional certification test in AutoCert+ is mandatory for iLink 3 client systems that support NDF and did not certify for on-SEF/on-MTF NDFs. Client systems that certified for iLink 3 on-SEF/on-MTF NDFs, or that do not support NDF trading, are not required to complete this certification.
The new AutoCert+ supplemental test is available now using the on-SEF/on-MTF instruments. Although these are different instruments, they are traded using the same functionality the new off-SEF/on-MTF instruments will use.
Clients interested in trading these off-SEF/on-MTF NDF instruments must complete all required onboarding, including disorderly market certification for algorithms and submission of Personal Identification information (“PII”) for manual and algo traders. Please contact your Global Account Manager directly with any questions.New - Post-Migration iCross Connectivity
EBS Market customers with iCross connectivity will continue to see their iCross port as active/live after the migration to CME Globex; however the legacy EBS Market 1.0 platform will not be available. Customers that used their iCross connection for the sole purpose of accessing EBS Market 1.0 may cancel/disconnect the associated Equinix cross-connects.
EBS Direct customers with iCross connectivity will continue to see their iCross port as active/live after the migration to CME Globex. EBS Direct customers that have turned up RNet service to access EBS Direct 2.0 may cancel/disconnect the associated Equinix cross-connects supporting the legacy iCross connectivity. However, EBS Direct customers that have not turned up RNet service will need to keep the cross-connects in place to be able to access EBS Direct 2.0 applications. EBS Direct 1.0 is no longer available.
EBS customers using iCross connectivity to access both EBS Market and EBS Direct over the same connection may cancel their legacy Equinix cross-connects only if they have turned up RNet service to access EBS Direct 2.0.
On October 15 iCross service will be decommissioned and more information will be available in future customer notices.
If you have any questions, please contact Global Account Management
.
Reminder: Short Code Identifiers on CME Globex
To meet MiFID requirements, all EBS Market on-SEF and/or on-MTF NDF orders must contain accurate Short Codes registered to a client’s LEI, GFID and GUS. Clients trading in these markets must ensure their Short Codes (and corresponding natural person identifiers where applicable) are registered via the NEX Upload Facility (NUF). Clients are responsible for maintaining NUF Administrators whose role it is to ensure all Short Code information is accurate and registered to the correct entities and to update this information as needed. The EBS Upload Facility User Guide and NUF Registration Form are available online for your convenience.
Reminder: Disorderly Market Testing for NEX MTF on CME Globex
Participants on NEX SEF, operated by NEX SEF Limited, are required to self-certify that their algorithms will avoid contributing to or creating disorderly trading conditions, as defined in the relevant Rulebooks. This self-certification is mandatory prior to the initial deployment of trading algorithms or trading strategies and prior to any substantial updates or changes.
NEX SEF participants must complete this self-certification prior to the launch of EBS Market On-SEF NDFs on CME Globex, even if the algorithm is self-certified for the current trading platform. Self-certification attestation will be available via the Request Center in the CME Customer Center starting May 15. More information on the availability schedule will be available in further EBS Integration Notices.
To facilitate this self-certification for all NEX SEF clients, CME Group supports regularly scheduled simulated disorderly trading conditions in the CME Globex New Release environment where order entry messages will be injected at 35 messages per second (MPS) to create additional latency in the environment. The session schedule is:
- Thursdays: 5:00 AM – 6:00 AM GMT (23:00 PM – 0:00 AM CT on Wednesdays)
- Thursdays: 3:00 PM – 4:00 PM GMT (9:00 AM – 10:00 AM CT)
CME Group also supports the ability to inject erroneous orders and trades into the New Release environment.
Please note: These testing sessions, along with the self-certification in Request Center are separate from the mandatory functionality certification required for all client API systems prior to production access to CME Globex. Functional certification is available now in the AutoCert+ tool.
Additional Resources:
- Details about accessing the test environment
- Details about Injecting erroneous orders in the New Release environment
For questions about the disorderly markets testing, please contact Certification Support for Electronic Trading (CSET) at 312 930 2322 in the US, +44 20 3379 3803 in Europe, or +65 6593 5593 in Asia.
Product Changes
EBS Metals on CME Globex
As a reminder, the following EBS metals products are listed for trading on CME Globex with new product codes:
Pairs EBS Ai Legacy Workstation iLink 3 EBS Workstation for CME Globex Small Gold/USD SAU/USD XAU/USD XAU/USD_SM XAU/USD Small Gold/EU SAU/EUR XAU/EUR XAU/EUR_SM XAU/EUR Small Silver/USD SAG/USD XAG/USD XAG/USD_SM XAG/USD Large Silver/USD XAG/USD XAG/USD XAG/USD XAG/USD 25K Palladium London LPD/USD LPD/USD XPD/USD_LN XPD/USD LN Palladium Zurich XPD/USD XPD/USD XPD/USD XPD/USD ZH Platinum London LPT/USD LPT/USD XPT/USD_LN XPT/USD LN Platinum Zurich XPT/USD XPT/USD XPT/USD XPT/USD ZH Announcements and Additional Resources
Important Updates to Support Contact Information
Customer support for EBS markets were integrated with the Global Command Center (GCC), resulting in the following EBS customer support contact changes:
- All support queries via email should be sent to gcc@cmegroup.com. All email replies from the GCC will come from this address.
- All emails sent to ebssupport@cmegroup.com are automatically redirected to gcc@cmegroup.com.
- Existing EBS customer support phone numbers have been decommissioned. EBS customer support phone queries should be made using the regional GCC numbers, selecting option 3.
- The customersupport@ebs.com email address has been decommissioned and emails sent to this address will not be delivered.
- On Friday, June 17, the ebssupport@cmegroup.com email address will be decommissioned.
EBS Market and eFix 2022 Customer Disaster Recovery Exercises
CME Group is offering EBS customers two post-launch opportunities to test with our EBS disaster recovery systems. To help ensure readiness and provide an opportunity for you to test your connectivity to and ability to transact via our DR systems, customers are strongly encouraged to sign up and test with us on the following dates:
- July 9: for customers of EBS Market and eFix – London FX Spot and London NDFs
Going forward, CME Group will aim to provide customers with a chance to test their Production connectivity to EBS DR engines and customer gateways on an annual basis. While we welcome all customers to join us, those that were unable to join one of our pre-launch DR mock trading sessions are specifically advised to participate.
Customers must register in advance to participate. Please review the mock trading script for additional details.
Subscription Center for EBS Market on CME Globex Notice
Please be aware that customers can now subscribe to receive EBS Market on CME Globex Notices via the Subscription Center, a self-serve online resource for managing email communications from CME Group. The EBS Market on CME Globex Notices are currently sent 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 on CME Globex.
Additional details about how to Subscribe to the EBS Market on CME Globex Notice are now available.To view previous versions of EBS Market Integration Notices, see the Advisory Notices page.
-
© 2025 CME Group Inc. All rights reserved.