• CME Globex Notices: March 12, 2018

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      • CME Globex and Market Data Customers
      • From
      • Global Market Solutions and Services
      • #
      • 20180312
      • Notice Date
      • 15 March 2018
    • Critical System Updates

      UpdateUpdate - New Source IPs for ftp.cmegroup.com

      † Denotes update to the article

      The planned change to source IPs for all ftp.cmegroup.com content has been postponed. The new effective date will be announced in future CME Globex Notices.

      Please update all firewall and network devices to accept content from these IPs immediately to ensure seamless access to the information.

      • 52.7.201.185
      • 34.199.179.189
      • 13.57.174.25
      • 13.57.171.25

      This change only affects the public ftp site; there is no impact to the secure sFTP content.

      Connect now to ftp://betaftp.cmegroup.com to verify your ability to receive content from the new Source IPs.

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      UpdateUpdate - CME Globex API Secure Logon – iLink and Drop Copy  - Q1 2018

      † Denotes update to the article

      CME Group is committed to our customers’ information security. To ensure the highest levels of security, CME Group will continue hardening iLink and Drop Copy 4.0 session authentication at logon in Q1 2018 with the launch of CME Globex API Secure Logon.

      The new Secure Logon is in production and will be supported in parallel with the current model without surcharges until Friday, April 27. Customers are strongly encouraged to make the change before the end of April to ensure no business interruption. Any iLink or Drop Copy Target sessions that connect using plain text password after April 27 will be subject to surcharges as follows:

      • Sunday April 29 – Friday June 1: $100/session/month
      • Sunday June 3 – Friday June 29: $500/session/month

      Only Secure Logons will be supported starting Sunday, July 1.

      CME Globex API Secure Logon includes:

      • Security credentials
      • New logon procedure
      • New iLink and Drop Copy message tags

      The Client Impact Assessment provides more detailed process and messaging information.

      CME Group will offer a CME Globex API Secure Login mock trading session on Saturday, April 7 for iLink and Drop Copy. This mock trading session will offer customers the opportunity to interact with the system and experience the new logon procedure in the CME Globex production environment. You will need to reset your Message Sequence number to “1” for the mock trading session and again prior to the beginning of week logon. If you experience any issues during the mock, please contact the Global Command Center (GCC) for assistance at +1 800 438 8616. For a general status during the mock there will be a bridge line open for regular updates +1 877 979 3898 Access code: 6485475.

      Please note that customers are required to register in advance in order to participate in the iLink mock trading session. Registration is now open.

      A new iLink and Drop Copy certification suite is currently available in AutoCert+. iLink and Drop Copy 4.0 customer systems must complete this mandatory certification.

      The CME Globex API Secure Logon is now available for customer testing in New Release.

      Please contact your Global Account Manager with any questions or concerns in the U.S. at +1 312 634 8700, in Europe at +44 203 379 3754 or in Asia at +65 6593 5505 for additional information.

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      TCP Recovery Performance Improvement for CME Globex and Streamlined Production Environments - April 20

      CME Group implemented load balancing for MDP 3.0 and Streamlined TCP Recovery to improve performance during high utilization periods. To support this change, new Historical Replay IPs and ports were introduced for MDP 3.0 for CME Globex and Streamlined production environments.

      The new IPs and ports for Historical Replay are currently available in the config_20180422.xml file for customer download. The legacy IP and ports will continue to be available in parallel until close of business on Friday, April 20

      On Sunday, April 22 (trade date Monday, April 23), the new IP and ports will be added to the production config.xml file.

      Please note: Backup IP addresses will be eliminated.

      TCP Recovery Performance Improvement for CME Globex and Streamlined Production Environments
      Feed Legacy IP and Port New IP and Port
      CME Globex 205.209.220.72:10000
      205.209.222.72:10000
      205.209.218.10:10000
      Streamlined 205.209.222.61:9000
      205.209.220.61:9000
      205.209.218.10:9000

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      UpdateUpdate - Price Precision Extension - 2018

      † Denotes update to the article

      CME Group is implementing end-to-end technology changes to support increased price granularity. Currently, CME Group systems support a maximum of 7 decimals. With this initiative, products with up to 9 decimals may be listed and traded. In Q4 2018, pending regulatory approval, the 2 Year Treasury Note futures and spreads will move from 7 decimals to 8 to support trading at 1/8 of 1/32.

      Customers are encouraged to move to support 9 decimals now; but there are no plans to list a product that uses the 9th decimal at this time.

      Starting Sunday, August 12, the price precision extension rollout will begin with MDP 3.0.

      The Client Impact Assessment includes key dates and additional information on the following:

      • CME Globex iLink
      • CME Globex MDP3
      • Streamlined MDP
      • ITC
      • CME Globex Drop Copy
      • Referential Data

      These changes will be available in New Release for customer testing starting Monday, April 22.

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      New Functionality

      CME FX Link  - March 25

      On Sunday, March 25 (for trade date Monday, March 26), CME Group is launching CME FX Link, which is a new spot FX basis spread on CME Globex. CME FX Link will provide unique new capital, margin and operational benefits for the FX marketplace by efficiently linking trading activity in FX futures and OTC Spot FX via CME Globex.

      Spot FX basis spreads will be offered between OTC Spot FX and CME FX futures for the following six currency pairs:

      • EUR/USD
      • JPY/USD
      • GBP/USD
      • CAD/USD
      • AUD/USD
      • MXN/USD

      Additional information CME Globex processing and messaging impacts for CME FX Link is available in the Client Impact Assessment.

      CME STP and CME STP FIX will support trade confirmations.

      The CME FX Link is currently available for customer testing in New Release.

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      Covered UDS Enhancement for CBOT Treasury Products - April 8

      Effective Sunday, April 8 (trade date Monday, April 9), to better facilitate delta-neutral option spread trading on CME Globex, clients will be able to create Covered User-Defined Spreads (UDS) with future legs from more than one Security Group (FIX tag 1151-SecurityGroup). Any combination of the following futures can be used for a CBOT Treasury Covered UDS:

      • 5-Year T-Note futures (tag 6937-Asset=ZF)
      • 10-Year T-Note futures (6937=ZN)
      • Ultra 10-Year U.S. Treasury Note futures (6937=TN)
      • U.S. Treasury Bond futures (6937=ZB)
      • Ultra U.S. Treasury Bond futures (6937=UB)

      This enhancement is currently available in New Release for customer testing.

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      UpdateUpdate - CME SOFR Futures and Spreads  - May 6

      † Denotes update to the article

      Effective Sunday, May 6 (trade date Monday, May 7), the following CME SOFR futures and standard intra-commodity spreads will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.   

      SOFR Futures
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      MDP 3.0 Market Data Channel
      3-Month SOFR Futures SR3 SS 312
      1-Month SOFR Futures SR1 SS 312

      These contracts are listed with, and subject to, the rules and regulations of CME.

      Customers should note the named month (e.g., SR3K8) in the external name in MDP 3.0 tag 55-Symbol and iLink tag 107-SecurityDesc does not reflect the last trade date. The instrument last trade date can be found by leveraging FIX tags 865=7 (Last eligible trade date) and 1145-EventTime in the Security Definition (tag 35-MsgType=d) message. As a reminder, CME Group does not recommend parsing the external instrument name to determine instrument characteristics.

      The following inter-exchange and inter-commodity spreads will also be listed for trading on CME Globex.

      SOFR Inter-Commodity Futures Spreads
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Future Tag 762-SecuritySubType MDP 3.0 Market Data Channel
      Eurodollar vs 3-Month SOFR Inter-Commodity Spread SR3 SS IS 312
       

       

      1-Month SOFR  vs 30-Day Fed Funds future Inter-Exchange Spread

      SR1  SY IS 312

      Strategy type IS supports inter- and intra-exchanges and products.

      These spreads will be available for customer testing in New Release on Monday, March 19.

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      Implied Functionality on Eurodollar Serial Months - May 6

      Effective Sunday, May 6 (trade date Monday, May 7), implied functionality will be enabled for all serial Eurodollar futures and calendar spreads on CME Globex.

      This change is currently available for customer testing in New Release.

      These contracts are listed with, and subject to, the rules and regulations of CME.

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      Product Launches

      Net Energy Canadian Crude APOs  - March 25

      Effective Sunday, March 25 (trade date Monday, March 26), Net Energy Canadian Crude APOs will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

      Net Energy Canadian Crude APOs
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Light Sweet Oil (Net Energy) Monthly Index Average Price Option SWO P2

      Synthetic Sweet Oil (Net Energy) Monthly Index Average Price Option

      SSO P2

      Canadian C5+ Condensate Monthly Index (Net Energy) Average Price Option

      CCO P2

      These  Net Energy Canadian Crude APOs will be available for customer testing in New Release on Monday, March 12.

      These contracts are listed with, and subject to, the rules and regulations of NYMEX.

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      Update Update - Basis Trade at Index Close (“BTIC”) Eligibility on CME Globex and Listing Cycle Expansion for Certain CME and CBOT Equity Index Futures - March 25

      † Denotes update to the article

      Effective Sunday, March 25 (trade date Monday, March 26), BTICs on E-mini S&P Select Sector Futures, BTICs on E-mini Nasdaq Biotechnology Futures, and BTICs on Dow Jones U.S. Real Estate Index Futures will be listed for trading on CME Globex. Currently, these products are available for submission for clearing via CME ClearPort, only.

      Basis Trade at Index Close (“BTIC”) Eligibility on CME Globex and Listing Listing Cycle Expansion for Certain CME and CBOT Equity Index Futures
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Market Data Channel Current Listing Schedule New Listing Schedule
      E-mini Consumer Discretionary Select Sector Futures XAY XN 318 CME Globex  & CME ClearPort : 2 March Quarterly Months CME Globex  & CME ClearPort : 5 March Quarterly Months
      BTIC on E-mini Consumer Discretionary Select Sector Futures XYT TC 318 CME ClearPort : 2 March Quarterly Months
      CME Globex : Not Listed
      CME Globex  & CME ClearPort : 5 March Quarterly Months
      E-mini Consumer Staples Select Sector Futures XAP XP 318 CME Globex  & CME ClearPort : 2 March Quarterly Months CME Globex  & CME ClearPort : 5 March Quarterly Months
      BTIC on E-mini Consumer Staples Select Sector Futures XPT TY 318 CME ClearPort : 2 March Quarterly Months
      CME Globex : Not Listed
      CME Globex  & CME ClearPort : 5 March Quarterly Months
      E-mini Energy Select Sector Futures XAE XY 318 CME Globex  & CME ClearPort : 2 March Quarterly Months CME Globex  & CME ClearPort : 5 March Quarterly Months
      BTIC on E-mini Energy Select Sector Futures XET TK 318 CME ClearPort : 2 March Quarterly Months
      CME Globex : Not Listed
      CME Globex  & CME ClearPort : 5 March Quarterly Months
      E-mini Financial Select Sector Futures XAF XF 318 CME Globex  & CME ClearPort : 2 March Quarterly Months CME Globex  & CME ClearPort : 5 March Quarterly Months
      BTIC on E-mini Financial Select Sector Futures XFT TF 318 CME ClearPort : 2 March Quarterly Months
      CME Globex : Not Listed
      CME Globex  & CME ClearPort : 5 March Quarterly Months
      E-mini Health Care Select Sector Futures XAV XL 318 CME Globex  & CME ClearPort : 2 March Quarterly Months CME Globex  & CME ClearPort : 5 March Quarterly Months
      BTIC on E-mini Health Care Select Sector Futures XVT TL 318 CME ClearPort : 2 March Quarterly Months
      CME Globex : Not Listed
      CME Globex  & CME ClearPort : 5 March Quarterly Months
      E-mini Industrial Select Sector Futures XAI XO 318 CME Globex  & CME ClearPort : 2 March Quarterly Months CME Globex  & CME ClearPort : 5 March Quarterly Months
      BTIC on E-mini Industrial Select Sector Futures XIT TN 318 CME ClearPort : 2 March Quarterly Months
      CME Globex : Not Listed
      CME Globex  & CME ClearPort : 5 March Quarterly Months
      E-mini Material Select Sector Futures XAB XM 318 CME Globex  & CME ClearPort : 2 March Quarterly Months CME Globex  & CME ClearPort : 5 March Quarterly Months
      BTIC on E-mini Material Select Sector Futures XBT TU 318 CME ClearPort : 2 March Quarterly Months
      CME Globex : Not Listed
      CME Globex  & CME ClearPort : 5 March Quarterly Months
      E-mini Technology Select Sector Futures XAK XG 318 CME Globex  & CME ClearPort : 2 March Quarterly Months CME Globex  & CME ClearPort : 5 March Quarterly Months
      BTIC on E-mini Technology Select Sector Futures XKT TV 318 CME ClearPort : 2 March Quarterly Months
      CME Globex : Not Listed
      CME Globex  & CME ClearPort : 5 March Quarterly Months
      E-mini Utilities Select Sector Futures XAU XU 318 CME Globex  & CME ClearPort : 2 March Quarterly Months CME Globex  & CME ClearPort : 5 March Quarterly Months
      BTIC on E-mini Utilities Select Sector Futures XUT TZ 318 CME ClearPort : 2 March Quarterly Months
      CME Globex : Not Listed
      CME Globex  & CME ClearPort : 5 March Quarterly Months
      E-mini Real Estate Select Sector Futures XAR XR 318 CME Globex  & CME ClearPort : 2 March Quarterly Months CME Globex  & CME ClearPort : 5 March Quarterly Months
      BTIC on E-mini Real Estate Select Sector Futures XRT T2 318 CME ClearPort : 2 March Quarterly Months
      CME Globex : Not Listed
      CME Globex  & CME ClearPort : 5 March Quarterly Months
      E-mini NASDAQ Biotechnology Index Futures BQ BQ 318 CME Globex  & CME ClearPort : 2 March Quarterly Months CME Globex  & CME ClearPort : 5 March Quarterly Months
      BTIC on E-mini NASDAQ Biotechnology Index Futures BIT TQ 318 CME ClearPort : 2 March Quarterly Months
      CME Globex : Not Listed
      CME Globex  & CME ClearPort : 5 March Quarterly Months
      BTIC on Dow Jones U.S. Real Estate Index Futures REX TO 342 4 March quarterly months Unchanged

      These futures are currently available for customer testing in New Release.

      These contracts are listed with, and subject to, the rules and regulations of CME and CBOT.

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      New New - Wet Freight BALMO Products - April 8

      Effective Sunday, April 8 (trade date Monday, April 9), the wet freight BALMO products will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

      Wet Freight BALMO Products
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Market Data Channel
      Freight Route TC2 (Baltic) BALMO Futures TMB FT 386
      Freight Route TC6 (Baltic) BALMO Futures T6B FT 386
      Freight Route TC9 (Baltic) BALMO Futures T9B FT 386
      Freight Route TC12 (Baltic) BALMO Futures TB2 FT 386
      Freight Route TC14 (Baltic) BALMO Futures T4B FT 386
      Freight Route TC15 (Baltic) BALMO Futures T5B FT 386
      Freight Route TD3C (Baltic) BALMO Futures TLB FT 386
      Freight Route TD7 (Baltic) BALMO Futures TKB FT 386
      Freight Route TD8 (Baltic) BALMO Futures T8B FT 386
      Freight Route TD20 (Baltic) BALMO Futures T2B FT 386
      Freight Route Liquid Petroleum Gas (Baltic) BALMO Futures FLB FT 386

      These wet freight BALMO products will be available for customer testing in New Release on Monday, March 26.

      These contracts are listed with, and subject to, the rules and regulations of NYMEX.

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      Bursa Malaysia Derivatives Berhad (BMD) FX Futures

      Pending regulatory approval, Bursa Malaysia Derivatives (BMD) will list the following FX futures contracts for trading on CME Globex. A new launch date will be announced in future CME Globex notices.

      Bursa Malaysia Derivatives Berhad (BMD) FX Futures
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      BMD Mini CNH/MYR Futures MFCM BR
      BMD Mini USD/MYR Futures MFUM BM

      These contracts are currently available for customer testing in New Release.

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      Product Changes

      New New - Listing Cycle Changes and Delisting of Premium-Quoted European 9 AM FX Options - This Week

      On Monday, March 12, previously-listed contract months without open-interest for the following premium-quoted European 9 am FX options were delisted.  Following the expiration of the last available contract months, these FX options will be delisted and removed from CME Globex.

      Please note: The existing premium-quoted European 2 pm weekly, monthly, and quarterly options on the same foreign currency futures contracts that terminate trading and expire on their last trade date based upon the 2 pm CT daily settlement prices of the same corresponding underlying futures contracts shall remain unchanged and continue to be listed on the CME trading floor, CME Globex, and CME ClearPort.

      Premium-Quoted European 9 AM FX Options
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol Current Listing Schedule Immediately Delisted Contract Months with Zero Open Interest as of March 12, 2018 Last Available Contract Month for Trading and Clearing
      Options on Canadian Dollar/US Dollar Futures (9AM Fix) XD CD Four months in the March quarterly cycle (Mar, Jun, Sep, Dec) and 3 serial months April 2018, May 2018, July 2018, September 2018, and December 2018. June 2018.
      Options on Canadian Dollar/US Dollar Futures Weekly (9AM Fix) XD1 – XD5 CD 4 Weeklies March 2018 Week 3, March 2018 Week 4, March 2018 Week 5, and April 2018 Week 2. Contract Delisted Entirely – No listed Contract Months.
      Options on British Pound/US Dollar Futures (9AM Fix) XB YB Four months in the March quarterly cycle (Mar, Jun, Sep, Dec) and 3 serial months May 2018 and July 2018. April 2018, June 2018, September 2018, and December 2018.
      Options on British Pound/US Dollar Futures Weekly (9AM Fix) XB1 – XB5 YB 4 Weeklies March 2018 Week 3, March 2018 Week 4, March 2018 Week 5, and April 2018 Week 2 Contract Delisted Entirely – No listed Contract Months
      Options on Euro/US Dollar Futures (9AM Fix) XT XE Four months in the March quarterly cycle (Mar, Jun, Sep, Dec) and 3 serial months July 2018. April 2018, May 2018, June 2018, September 2018, and December 2018.
      Options on Euro/US Dollar Futures Weekly (9AM Fix) 1Q – 5Q XE 4 Weeklies March 2018 Week 3, March 2018 Week 4, March 2018 Week 5, and April 2018 Week 2. Contract Delisted Entirely – No listed Contract Months.
      Options on Australian Dollar/US Dollar Futures (9AM Fix) XAD XA Four months in the March quarterly cycle (Mar, Jun, Sep, Dec) and 3 serial months April 2018, May 2018, June 2018, July 2018, September 2018, and December 2018. Contracts Delisted Entirely – No Listed Contract Months.
      Options on Australian Dollar/US Dollar Futures Weekly (9AM Fix) XA1 – XA5 XA 4 Weeklies March 2018 Week 3, March 2018 Week 4, March 2018 Week 5, and April 2018 Week 2. Contract Delisted Entirely – No listed Contract Months.
      Options on Japanese Yen/US Dollar Futures (9AM Fix) XJ QJ Four months in the March quarterly cycle (Mar, Jun, Sep, Dec) and 3 serial months April 2018, May 2018, June 2018, July 2018, September 2018, and December 2018. Contracts Delisted Entirely – No Listed Contract Months.
      Options on Japanese Yen/US Dollar Futures Weekly (9AM Fix) 1O – 5O QJ 4 Weeklies March 2018 Week 3, March 2018 Week 4, March 2018 Week 5, and April 2018 Week 2. Contract Delisted Entirely – No listed Contract Months.
      Options on Swiss Franc/US Dollar Futures (9AM Fix) XS YS Four months in the March quarterly cycle (Mar, Jun, Sep, Dec) and 3 serial months April 2018, May 2018, June 2018, July 2018, September 2018, and December 2018. Contracts Delisted Entirely – No Listed Contract Months.
      Options on Swiss Franc/US Dollar Futures Weekly (9AM Fix) XS1 – XS5 YS 4 Weeklies March 2018 Week 3, March 2018 Week 4, March 2018 Week 5, and April 2018 Week 2. Contract Delisted Entirely – No listed Contract Months.

      These contracts are listed with, and subject to, the rules and regulations of CME.

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      Changes to Non-Reviewable Ranges and Velocity Logic Parameters for European Natural Gas  - March 18

      Effective Sunday, March 18 (trade date Monday, March 19), the Non-Reviewable Ranges and Velocity Logic (VL) will be modified for following products.

      European Natural Gas
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Current Non-Reviewable Range New Non-Reviewable Range
      Dutch TTF Natural Gas Calendar Month Futures TTF FD 2000 1000

       

      European Natural Gas
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Current Velocity Logic New Velocity Logic
      UK NBP Natural Gas Calendar Month Futures UKG FD Outright, SA, SB, WS-250
      SP-125
      Outright, SA, SB, WS-750
      SP-375
      Dutch TTF Natural Gas Calendar Month Futures TTF FD Outright, SA, SB, WS-250
      SP-125
      Outright, SA, SB, WS-750
      SP-375
      Dutch TTF Natural Gas (USD/MMBtu) (ICIS Heren) Front Month Futures TTE HX Outright, SA, SB, WS-75
      SP-38
      Outright, SA, SB, WS-225
      SP-113
      UK NBP Natural Gas (USD/MMBtu) (ICIS Heren) Front Month Futures NBP HX Outright, SA, SB, WS-50
      SP-25
      Outright, SA, SB, WS-150
      SP-75
      Henry Hub NBP (ICIS Heren) Natural Gas Spread Futures NYP HX Outright, SA, SB, WS-100 Outright, SA, SB, WS-300

      These futures are currently available for customer testing in New Release.

      These contracts are listed with, and subject to, the rules and regulations of NYMEX.

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      Listing Cycle Changes and Delisting of E-mini Nifty 50 Index Futures  - June 28

      On Monday, February 26, the E-mini Nifty 50 Index futures September 2018 and December 2018 contract months were removed from CME Globex.  With this change, the June 2018 contract will be last available contract month listed for trading. Following the expiration of the June 2018 contract month, on Thursday, June 28, E-mini Nifty 50 Index futures will be delisted and removed from CME Globex at the close of business.

      Listing Cycle Changes and Delisting of E-mini Nifty 50 Index Futures
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Current Listing Schedule New Listing Schedule
      E-mini Nifty 50 Index Futures MNF FN Four months in the March Quarterly Cycle and two nearest serial months Monthly contracts listed up to and including June 2018

      These contracts are listed with, and subject to, the rules and regulations of CME.

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