Product Changes

NewReduced Minimum Quote Life (MQL) for Select FX Spot Products - April 12

Effective Sunday, April 12 (trade date Monday, April 13), the Minimum Quote Life (MQL) for the following FX Spot products traded on EBS Market on CME Globex will be reduced to 1 millisecond. Currently MQL is set to 5 milliseconds.

Minimum Quote Life (MQL) is an instrument attribute reflected as minQuoteLife on the CME Reference Data API and in FIX tag 37731-MinQuoteLife in the MDP 3.0 Security Definition (tag 35-MsgType=d) message.

In addition, the Alternative Minimum Quote Life, FIX tag 37738-AltMinQuoteLife, for FXSPOT.EUR/USD traded on EBS Market on CME Globex will be reduced to 1 millisecond. Currently Alternative MQL is set to 5 milliseconds.

REDUCED MINIMUM QUOTE LIFE (MQL) for SELECT FX SPOT PRODUCTS
PRODUCT	MDP 3.0: TAG 6937-ASSET	ILINK/MDP 3.0 TAG 1151 - SECURITY GROUP	MARKET TYPE
FXSPOT.EUR/USD	6EUS	6SUS	EBS Market
FXSPOT.USD/JPY	6DJPY	6SUS	EBS Market
FXSPOT.EUR/JPY	6EJPY	6SUS	EBS Market
FXSPOT.USD/CHF	6DCHF	6SUS	EBS Market
FXSPOT.EUR/CHF	6ECHF	6SUS	EBS Market
FXSPOT.USD/CNH	6DCNH	6SEM	EBS Market

This change will be available for customer testing in New Release on this Sunday, March 22.

NewReduced Minimum Quote Life (MQL) for NDF Instruments - April 12

Effective Sunday, April 12 (trade date Monday, April 13), the Minimum Quote Life (MQL) for the following NDF Instruments offered by EBS UK MTF, operated by BrokerTec Europe Limited, will be reduced to 1 millisecond. Currently MQL is set to 5 milliseconds.

Minimum Quote Life (MQL) is an instrument attribute reflected as minQuoteLife on the CME Reference Data API and in FIX tag 37731-MinQuoteLife in the MDP 3.0 Security Definition (tag 35-MsgType=d) message.

REDUCED MINIMUM QUOTE LIFE (MQL)
PRODUCT	MDP 3.0: TAG 6937-ASSET	ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP	MARKET TYPE
FXNDF.USD/IDR.1M	IDR1M	RNDF	EBS Market
FXNDF.USD/INR.1M	INR1M	RNDF	EBS Market
FXNDF.USD/KRW.1M	KRW1M	RNDF	EBS Market
FXNDF.USD/MYR.1M	MYR1M	RNDF	EBS Market
FXNDF.USD/PHP.1M	PHP1M	PNDF	EBS Market
FXNDF.USD/TWD.1M	TWD1M	RNDF	EBS Market

In addition, the Alternative Minimum Quote Life, FIX tag 37738-AltMinQuoteLife, for FXNDF.USD/TWD.1M traded on EBS Market on CME Globex will be reduced to 1 millisecond. Currently Alternative MQL is set to 10 milliseconds.

This change will be available for customer testing in New Release on this Sunday, March 22.

NewChanges to U.S. Dollar/Indian Rupee 1M NDF - April 26

Effective Sunday, April 26 (trade date Monday, April 27), the following modifications will be made to U.S. Dollar/Indian Rupee (USD/INR) 1M NDF offered by EBS UK MTF, operated by BrokerTec Europe Limited.

Changes to U.S. Dollar/Indian Rupee 1M NDF
PRODUCT NAME MDP 3.0: Tag 2714-FinancialInstrumentFullName	PRODUCT CODE MDP 3.0: Tag 6937-Asset	GROUP CODE MDP 3.0: Tag 1151-Security Group	MDP 3.0: Tag 969-MinPriceIncrement Current	MDP 3.0: Tag 969-MinPriceIncrement New	MDP 3.0: Tag 2349-PricePrecision Current	MDP 3.0: Tag 2349-PricePrecision New
FXNDF.USD/INR.1M	INR1M	RNDF	0.005	0.0025	3	4

These changes will be available for customer testing in New Release on this Sunday, March 22.

Front-End Clients

UpdateEBS Workstation Changes Required - May 29

† Denotes update to the article

Effective Friday, May 29, all EBS Workstation users must migrate to the new per-region cloud environment. This change will streamline operation, supportability and resilience of EBS Workstation.

† Clients using managed leased lines to access EBS Workstation must make the following required changes by May 29:

• Allow new listed 208.x subnets through firewalls (alongside existing subnets).
• Download and install updated EBS Workstation.
  • The updated EBS Workstation is identical to the existing version except changes to access configuration.

As an alternative to making the required access changes, EBS Workstation is also available via WebConnect (internet connection). † Clients on CME Full Service (physical EBS terminals) or WebConnect (internet connection) are not required to make any changes.

EBS Workstation Changes
	Existing URLs/Ranges	New URLs/Ranges
EMEA	workstation-cm-ln.cmegroup.com 164.74.79.128/25	workstation-ll-ln.cmegroup.com 208.112.184.0/24
Americas	workstation-cm-ny.cmegroup.com 164.74.39.128/25	workstation-ll-ny.cmegroup.com 208.112.168.0/24
APAC	workstation-cm-tk.cmegroup.com 164.74.111.128/25	workstation-ll-tk.cmegroup.com 208.112.248.0/24

Current access will not be affected during implementation. Access will run in parallel for full production verification.

New prefix subnet ranges are already advertised via your connection.

Please contact your Global Account Manager with any questions.

Post-Trade

CME STP FIXML - Service Availability and Regional Maintenance Update - March 29

Effective Sunday, March 29 (trade date Monday, March 30), CME Group will make the CME STP FIXML service available on a 24/7 basis and will introduce regional maintenance during weekends.

Clients should note that the x-cme-token, which is used by client systems for ongoing subscriptions and for multi-batch queries, will not be valid across regions. After regional maintenance, Client systems will receive a TradeCaptureReportRequestAck with the attribute @txt="x-cme-token is no longer valid. Please initiate a new subscription" and must reestablish their subscription to obtain a valid token.

This change is currently available in New Release (maintenance weekly on Wednesdays). Customers are highly encouraged to test their recovery processes in New Release and complete the mandatory supplemental certification.

CME STP FIXML service in New Release is not available on weekends.

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.

CME STP FIX on Google Cloud - Service Availability and Regional Maintenance - March 29

Effective Sunday, March 29 (trade date Monday, March 30), CME Group will make the CME STP FIX service on Google Cloud available on a 24/7 basis and will introduce regional maintenance during weekends.

During the regional maintenance, client systems using the Managed Connectivity options will be disconnected and are required to reestablish their connections and resubscribe to continue the receipt of post-trade messages. Client systems using Regional Connectivity options should switch regions on their end upon disconnection.

View Production client connectivity options for more information.

This change is currently available in New Release (maintenance weekly on Wednesdays). Customers are highly encouraged to test their recovery processes in New Release and complete the mandatory supplemental certification.

CME STP FIX service in New Release is not available on weekends.

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.

NewCME STP FIX & FIXML - Truncation of Trailing Zeros in Specific Quantity Fields - April 19

Effective Sunday, April 19 (trade date Monday, April 20), the trailing zeros will be truncated in the Unit of Measure Quantity and Trading Quantity fields in CME STP FIX and FIXML Trade Capture Reports. This truncation does not change the precision of these fields.

Product	STP Field	STP FIXML Attribute	STP FIX tag	Example Quantity values
				Current Quantity value	New Quantity Value
Futures and Options	Unit of Measure Quantity	/TrdCaptRpt/Instrmt/@UOMQty /TrdCaptRpt/TrdLeg/Leg/@UOMQty	1147-UnitofMeasureQuantity 1224-LegUnitofMeasureQuantity	100.00	100
	Trading Quantity	/TrdCaptRpt/@TrdgQty /TrdCaptRpt/TrdLeg/@TrdgQty	32-TradingQuantity 10038-LegTradingQuantity	22046.20	22046.2

This change will be available for customer testing in New Release on Monday, March 23

CME STP FIX on Google Cloud - Production Internet Connectivity - April 26

As part of a phased migration of CME Straight Through Processing APIs to Google Cloud, Production internet connectivity options for CME STP FIX API are now available.

By Sunday, April 26, all clients must complete migration and connect to CME STP FIX API Production using only the Google Cloud hostnames.

CME STP FIX on Google Cloud is available in parallel to the current on-prem instance. When connecting in parallel to Google Cloud and on-prem instances, clients should ensure trades are not double-booked.

A mandatory supplemental certification for message recovery is now available for CME STP FIX on Google Cloud. 

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.

CME STP FIX on Google Cloud - Production Dedicated Connectivity - April 26

As part of a phased migration of CME Straight Through Processing APIs to Google Cloud, Production dedicated connectivity options for CME STP FIX API are now available.

By Sunday, April 26, all clients must complete migration and connect to CME STP FIX API Production using only the Google Cloud hostnames.

CME STP FIX on Google Cloud is available in parallel to the current on-prem instance. When connecting in parallel to Google Cloud and on-prem instances, clients should ensure trades are not double-booked.

A mandatory supplemental certification for message recovery is now available for CME STP FIX on Google Cloud. 

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.

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