• CME Globex Notices: March 19, 2018

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      • CME Globex and Market Data Customers
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      • Global Market Solutions & Services (GMSS)
      • #
      • 20180319
      • Notice Date
      • 22 March 2018
    • Critical System Updates

      UpdateUpdate - New Source IPs for ftp.cmegroup.com

      † Denotes update to the article

      †Effective Saturday, April 7, the source IPs for all ftp.cmegroup.com content will be changed to the following.

      †Please note: with this migration, ftp.cmegroup.com will only support Passive FTP. Customers should update all firewall and network devices to accept content from these IPs, and ensure they are using Passive FTP 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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      MDP 3.0 Performance Enhancements - April 8

      Starting Sunday, April 8 (trade date Monday, April 9), performance improvements will be implemented on the following CME Globex MDP 3.0 channels. In internal testing, these enhancements improved MDP 3.0 performance up to 60%.

      These enhancements will not impact iLink order routing or market structure dynamics.

      MDP 3.0 Performance Enhancements
      Launch Date Impacted MDP 3.0 Channels
      April 8 CME Globex Commodity Futures – 316
      CBOT Globex Commodity Futures – 340
      MGEX Globex Futures – 460
      April 22 CBOT Globex Interest Rate Futures – 344
      CME Globex FX Futures – 314
      CME Globex FX Options – 315
      May 6 CME Globex Interest Rate Futures – 312
      CBOT Globex Interest Rate Futures II – 348
      May 20 CME Globex FX Futures II – 320
      CME Globex FX Options II – 321
      NYMEX Globex Crude & Crude Refined Futures – 382
      DME Globex Futures - 440

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

      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.

      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 ava

      ilable 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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      Price Precision Extension - 2018

      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.

      Price Precision Timeline:

       

      For complete updated rollout information and dates, refer to Key Events and Dates in the Client Impact Assessment.

      The Client Impact Assessment includes 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

      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 New Release
      3-Month SOFR Futures SR3 SS 312 Available
      1-Month SOFR Futures SR1 SS 312 Available

      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 New Release
      †3-Month SOFR vs. Eurodollar Inter-Commodity Spread SR3 SS IS 312 Available
      1-Month SOFR vs. 30-Day Fed Funds future Inter-Exchange Spread SR1 SY IS 312 Available
      †1-Month SOFR vs. 3-Month SOFR future Reduced Tick Inter-Commodity Ratio Spread SR1 SS EF 312 April 9
      †30-Day Fed Funds futures vs. 3-Month SOFR Reduced Tick Inter-Exchange Ratio Spread ZQ SY EF 348 April 9

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

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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

      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 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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      Urals North, Urals Med and CPC Crude Oil Futures BALMO Products - April 8

      Effective Sunday, April 8 (trade date Monday, April 9), the following Crude Oil BALMO futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

      Urals North, Urals Med and CPC Crude Oil Futures BALMO Products
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Market Data Channel
      Urals Med (Platts) vs. Dated Brent (Platts) CFD BALMO Futures UMB CC 382
      Urals North (Platts) vs. Dated Brent (Platts) CFD BALMO Futures UNB CC 382
      CPC Blend CIF Med Cargoes (Platts) vs. Dated Brent (Platts) BALMO Futures CCM CP 382

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

      For additional information, please review the Special Executive Report (SER).

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

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      WCS Cushing (Argus) vs. WTI Calendar and Trade Month Futures and Options - April 8

      Effective Sunday, April 8 (trade date Monday, April 9), WCS Cushing (Argus) vs. WTI Calendar and Trade Month futures and options will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

      WCS Cushing (Argus) vs. WTI Calendar and Trade Month Futures and Options
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Market Data Channel
      WCS Cushing (Argus) vs. WTI Trade Month Futures WNT CC 382
      WCS Cushing (Argus) vs. WTI Calendar Month Futures WNC CC 382
      WCS Cushing (Argus) vs. WTI Trade Month Average Price Option WNO EF, UDS-EX 383
      WCS Cushing (Argus) vs. WTI Calendar Month Average Price Option WAO EF, UDS-EX 383

      The WCS Cushing (Argus) vs. WTI Calendar and Trade Month futures and options 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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      New New - Soybean Crush Options  - April 22

      Effective Sunday, April 22 (trade date Monday, April 23), Soybean Crush Options will be listed for trading on CME Globex.

      Soybean Crush Options
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Market Data Channel
      Soybean Crush Options BCE SV; UDS – SW 341

      These options will be available for customer testing in New Release on Monday, April 9.

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

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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

      Implied Functionality Disabled on Zinc Futures - April 22

      Effective Sunday, April 22 (trade date Monday, April 23), implied functionality will be disabled for all serial Zinc futures and spreads on CME Globex.

      Implied Functionality Disabled on Zinc Futures
      Product MDP 3.0: tag 6937-
      Asset
      iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Zinc Futures ZNC ZX

      This change will be available for customer testing in New Release on Monday, April 9.

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

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      New New - Listing Cycle Expansion for Gold and Silver TAS - April 22

      Effective Sunday, April 22 (trade date Monday, April 23), the listing cycle for the following Gold and Silver TAS will be expanded on CME Globex.

      Gold and Silver TAS
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Current Listing Schedule New Listing Schedule
      Gold TAS GCT TG First Active Month
      (February, April, June, August, December)
      First 2 Active Months
      Silver TAS SIT MT First Active Month
      (March, May, July, September, December)
      First 2 Active Months

      These changes will be available for customer testing in New Release on Monday, April 9.

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

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      New New - Listing Cycle Expansion for Crude Oil BALMO Futures  - April 22

      Effective Sunday, April 22 (trade date Monday, April 23), the listing cycle for the following crude oil BALMO futures will be expanded on CME Globex.

      Crude Oil BALMO 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
      Brent Crude Oil BALMO Futures AJ9 BB One month and the following month for 10 business days prior to the start of the contract month Monthly contracts shall be listed for three (3) consecutive months. Add a new contract month after the nearby expiry
      Dated Brent (Platts) BALMO Futures DBB BB One month and the following month for 10 business days prior to the start of the contract month Monthly contracts shall be listed for three (3) consecutive months. Add a new contract month after the nearby expiry
      Dated Brent (Platts) to Frontline Brent BALMO Futures AFE BB One month and the following month for 10 business days prior to the start of the contract month Monthly contracts shall be listed for three (3) consecutive months. Add a new contract month after the nearby expiry

      These futures will be available for customer testing in New Release on Monday, April 9.

      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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      Events and Announcements

      New New - Messaging Efficiency Program Q2 2018 Benchmarks  

      The Q2 2018 CME Globex Messaging Efficiency Program Product Group Benchmarks are now available. No changes were made to Q2 2018 Product Group Benchmarks vs. Q1 2018 Product Group Benchmarks and Product Group Benchmark Ratios are published quarterly, unless business circumstances for a particular product or product group require changes to be implemented more frequently.

      The CME Globex Messaging Efficiency Program creates fair business guidelines by which customers are billed a surcharge for overly high message rates.

      CME Globex firms who exceed the benchmark ratios in applicable product groups and are signed-up accordingly, receive email notifications of any potential surcharg

      es and CME Globex firms who have access to the Firm Administrator Dashboard have the ability to view their messaging statistics on a T+1 basis.

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

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