CME Globex Notices: November 26, 2018

Critical System Updates

Update Update - iLink Convenience Gateways Behavior Harmonization - January 6, 2019

To simplify the iLink session behavior, effective Sunday, January 6, 2019 (trade date Monday, January 7). All Convenience Gateway (CGW) iLink sessions will move to MSGW-style Session Connection and Resend Request. The following CGW features will as a result match the MSGW current state.

†Please note that certification is required for all CGW customer systems via AutoCert+ by end of day Friday, January 4, 2019 for continued access to the production environment. Customer systems that trigger port closures due to resend requests or other issues will not be allowed to reopen ports and access the market until certification is complete.

iLink Convenience Gateways Behavior Harmonizations
Functionality	Current Behavior	New Behavior	Certification Required
Duplicate Session Connection Attempts	Accepted, then disconnected	Ignored	No
Resend behavior from CME Globex to Client System	No real-time messages are published until the customer’s resend request is satisfied	Real-time messages will be interleaved with resend responses CGW customers must be able to receive out-of-sequence during a resend response without triggering another resend request	Yes Please Note - A new CGW Resend Request certification test is currently available in Autocert+. Certification via AutoCert+ is mandatory for all iLink CGW customers.

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

Drop Copy is not impacted by this change.

If you have any questions or concerns, please contact your Global Account Manager 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.

Back to Top

Price Precision Extension - January 13, 2019

This weekend, the final set of production MDP 3.0 channels will be updated to the new schema version 9:

Channel Name	Name	Market Segment	Production Launch
386	NYMEX Globex Nat Gas & other Non-Crude Energy Futures	78	Sunday, December 2, 2018
387	NYMEX Globex Nat Gas & other Non-Crude Energy Options	56	Sunday, December 2, 2018
441	DME Globex Options	56	Sunday, December 2, 2018
382	NYMEX Globex Crude & Crude Refined Futures	80	Sunday, December 2, 2018
440	DME Globex Futures	80	Sunday, December 2, 2018
430	BMD Globex Futures	74	Sunday, December 2, 2018
431	BMD Globex Options	74	Sunday, December 2, 2018
450	KRX Globex Futures	74	Sunday, December 2, 2018
232	NYMEX Block Trades	Streamlined	Sunday, December 2, 2018
234	DME Block Trades	Streamlined	Sunday, December 2, 2018
-	TCP Recovery Version Update	MDP3	Sunday, December 2, 2018
-	TCP Recovery Version Update	Streamlined	Sunday, December 2, 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. On Sunday, January 13, 2019 (trade date Monday, January 14), pending regulatory approval, the 2-Year Treasury Note futures, all 2-Year Treasury Future Spreads (including Calendar Spreads, Tail Spreads and Inter-Commodity Spreads with a 2-Year Treasury Future) along with the futures portion of covered options UDS, will move from 7 decimals to 8 to support trading at 1/8 of 1/32.

A production test instrument for the 2-Year Treasury Note futures is currently available on CME Globex to give customers the ability to confirm system readiness for the introduction of 8-digit decimal price precision. Upon the launch of this test instrument, clients whose systems are not yet prepared to handle 8 decimal precision must ensure their systems have the ability to ignore market data and iLink/Drop Copy execution reports on this new instrument.

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.

With this release, customer certification will be required for MDP 3.0 and Streamlined SBE.  The new Market Data templates are currently available in New Release and the AutoCert+ test suite is now available for certification.

Price Precision Timeline:

Please note: The production test instrument launch and the following schema releases have been rescheduled. For complete impacts, updated rollout information and dates, please refer to Key Events and Dates in the Client Impact Assessment.

Please note: The referential data public settlement FTP file support timelines and technical impacts have been updated in the Client Impact Assessment.

The Client Impact Assessment includes additional information on the following:

• CME Globex iLink
• CME Globex MDP3 and Mandatory Certification
• Streamlined MDP and Mandatory Certification
• ITC
• CME Globex Drop Copy
• Referential Data
• Production Globex Test Instrument

Please watch the Price Precision Extension Technology video for a technical impact overview.

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

Back to Top

Consolidated iLink Fill Messages - February 3, 2019

Starting Sunday, February 3, 2019 (trade date Monday, February 4), CME Group will launch consolidated iLink fill messages on CME Globex to reduce the number of iLink Execution Report - Fill messages. With this launch, CME Globex will consolidate Fill Execution Reports. Currently, when an aggressor order matches with multiple resting orders, CME Globex sends execution reports to the aggressor for each individual resting order.

The key client system impacts of consolidated iLink fill messages include:

• iLink Fill Behavior Change
• CME Group will not implement tag 9700-NumOrdersInMatchStep
• New repeating group for Fill Reason

All CME Group products will support Consolidated iLink Fill Messages, except the following products:

Product	MDP3.0 Security Definition message (tag 35-MsgType=d): tag 762- SecuritySubType
CBOT Treasury Invoice Swaps	IN
Invoice Swap Calendar Spread	SC
Invoice Swap Switch Spread	SW

Please review the Client Impact Assessment and view a brief explanatory video for additional information on Consolidated iLink Fill Messages.

Consolidated iLink Fill Messages Frequently Asked Questions (FAQ) is now available.

Consolidated iLink Fill Messages Timeline
Market Segment ID	Market Segment Description	New Release Launch	Production Launch
50 68	CME Eurodollar Options CBOT and CME Equity Futures excluding E-mini S&P	Available	Sunday, February 3, 2019
Market Segment ID	Market Segment Description	New Release Launch	Production Launch
54 64 72	CBOT and CME Equity Options CME E-mini S&P 500 Futures CBOT Commodity Futures	Available	Sunday, February 24, 2019
Market Segment ID	Market Segment Description	New Release Launch	Production Launch
52 60 70 82 88	CME Globex FX Futures and Options II CBOT and CME Commodity Options CME Commodity Futures CME Eurodollar Futures CME Globex FX Futures and Options	Available	Sunday, March 3, 2019
56 58 74 76 78 80 84	NYMEX and COMEX Options CBOT Treasury Options KRX Futures; BMD Futures and Options; NYMEX SEF NYMEX and COMEX Metals and Alternative Market Futures NYMEX Non-Crude Energy Futures NYMEX Crude Energy Futures CBOT Treasury Futures	Monday, January 14, 2019	Sunday, March 10, 2019

CME Group will offer the iLink mock trading session on Saturday, February 2, 2019.   This mock trading session will offer customers the opportunity to interact with the system and experience the new consolidated iLink fill messages in the CME Globex production environment. Customers are required to register in advance in order to participate in this mock trading session.  The mock trading session script is now available.

Certification is not required for Consolidated iLink Fill Messages.

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.

Back to Top

New Functionality

iLink Enhancement for End-to-End Note Field - March 31, 2019

Effective Sunday, March 31, 2019 (trade date Monday, April 1), in response to customer requests, iLink order entry will launch a new FIX tag 5149-Memo. This new tag will allow customers to submit a free-form Note with orders to help facilitate with end-of-day trade reconciliation between trading and clearing firms.

When tag 5149-Memo is submitted on the iLink inbound messages, it will be returned on all associated iLink outbound messages. iLink tag 5149-Memo values will be passed through to Drop Copy and CME STP.

The new iLink tag 5149 can be submitted on the following messages:

• New Order (tag 35-MsgType=D)
• Order Cancel/Replace Request (tag 35-MsgType=G)
• Order Cancel Request (tag 35-MsgType=F)
• Order Mass Action Request (tag 35-MsgType=CA)
• Quote Request (tag 35-MsgType=R)
• Security Definition Request (tag 35-MsgType=c)
• New Order Cross (tag 35-MsgType=s)
  • For Request for Cross (“RFC”) order, customers can submit tag 5149 on each buy and sell repeating group. Each acknowledgment and execution report for the buy and the sell orders will contain the corresponding tag 5149 value from the correct buy and sell repeating group.
• Mass Quote (tag 35-MsgType=i)
• Quote Cancel (tag 35-MsgType=Z)

Tag 5149 will be returned on the following iLink messages only when it is sent on the originating message:

• Execution Report: Order Creation or Modify (tag 35-MsgType=8, OrdStatus=0 or 5)
• Execution Report: Order Cancel (tag 35-MsgType=8, OrdStatus=4)
• Execution Report: Fill Notice (tag 35-MsgType=8, tag 39-OrdStatus=1 or 2)
• Execution Report: Order Elimination (tag 35-MsgType=8, tag 39-OrdStatus=4 or C)
• Execution Report: Reject (tag 35-MsgType=8, tag 39-OrdStatus=8)
• Execution Report: Trade Cancel (tag 35-MsgType=8, tag 39-OrdStatus=H)
• Order Cancel and Order Cancel/Replace Reject (tag 35-MsgType=9)
• Order Mass Action Report (tag 35-MsgType=BZ)
• Quote Acknowledgment (tag 35-MsgType=b)
• Quote Cancel Acknowledgment (tag 35-MsgType=b, tag 297-QuoteAckStatus=1, 3, 4 or 5)
• Security Definition (tag 35-MsgType=d)
• Business Level Reject (tag 35-MsgType=j)

tag 5149-Memo
Tag	FIX Name	Req	Valid Values	Format	Description
5149	Memo	N	--	String (75)	Allows users to submit a free-form Note tag with a customer order and persists from order entry through clearing

If tag 5149-Memo value on inbound messages exceeds the max length of 75 bytes, iLink will return a truncated 75 bytes from the right on the response.

Certification is not required for iLink and Drop Copy customers who wish to use the new tag 5149.

Tag 5149-Memo is currently available in New Release for customer testing.

Back to Top

iLink Enhancement for Clearing Instructions - March 31, 2019

Effective Sunday, March 31, 2019 (trade date Monday, April 1), iLink order entry will support new FIX tags to instruct CME Clearing House to clear CME Globex trades in a particular way. Currently, special characters in tag 1-Account are used to signal post-trade instructions. With this launch, the following new FIX tags will be used for post-trade clearing instructions on customer orders:

• Tag 819-AvgPxIndicator and tag 1731-AvgPxGroupID will be added to iLink messages to allow customers to group their trades so that they can be calculated and processed as average price trades for Clearing.
  • Set tag 819=1 and provide tag 1731-AvgPxGroupID values to group trades based on account number.
• Tag 1598 - ClearingTradePriceType will be added to iLink messages to indicate whether the front month leg of the Single Line Entry Differential Spreads (SLEDS) should clear at the market price where they were matched or to clear at the prior day’s settlement price

Please note: Both new clearing instruction tag and special character in tag 1-Account will be supported until further notice.  If both tags are submitted, new clearing instruction tag will take precedence.

When these new tags are submitted on the iLink inbound messages, it will be returned on all associated iLink outbound messages.

Drop Copy will also support these new tags at launch.

These new tags can be submitted on the following messages:

• New Order (tag 35-MsgType=D)
• Order Cancel/Replace Request (tag 35-MsgType=G)
• New Order Cross (tag 35-MsgType=s)
• Mass Quote (tag 35-MsgType=i)

These new tags will be returned on the following iLink messages only when it is sent on the originating message:

• Execution Report: Order Creation or Modify (tag 35-MsgType=8, OrdStatus=0 or 5)
• Execution Report: Order Cancel (tag 35-MsgType=8, OrdStatus=4)
• Execution Report: Fill Notice (tag 35-MsgType=8, tag 39-OrdStatus=1 or 2)
• Execution Report: Order Elimination (tag 35-MsgType=8, tag 39-OrdStatus=4 or C)
• Execution Report: Reject (tag 35-MsgType=8, tag 39-OrdStatus=8)
• Execution Report: Trade Cancel (tag 35-MsgType=8, tag 39-OrdStatus=H)
• Quote Acknowledgment (tag 35-MsgType=b)

Clearing Instruction
Tag	FIX Name	Req	Valid Values	Format	Description
819	AvgPXIndicator	N	0 – No Average Pricing (Default) 1 – Trade is part of an Average Price Group Identified by the AvgPxGroupID 3 - Notional Value Average Pricing with Average Price Group Identified by the AvgPxGroupID	String (3)	Indicates if the resulting trade is to be average priced or not. This tag is also used to indicate type of average price grouping.
1731	AvgPxGroupID	N	--	String (20)	Used to identify account numbers or orders for grouping trades together for average price calculations. If incoming value is greater than max length, iLink will return the right most twenty bytes.
1598	ClearingTrade PriceType	N	0 – Trade Clearing at Execution Price 1 – Trade Clearing at Alternate Clearing Price	String (1)	Indicates whether spread differential trade is clearing at execution price (Tag 31-LastPx) or alternate clearing price (i.e. previous day’s settlement price).

Certification is not required for iLink and Drop Copy customers who wish to use these new tags.

The new clearing instruction tags are currently available in New Release for customer testing.

Back to Top

Product Launches

Rate Synthetic Futures - This Week

Effective this Sunday, December 2 (trade date Monday, December 3), three new non-tradable synthetic futures will be listed on CME Globex for future use with fixing prices (tag 269-MDEntryType=W). More information on these fixing prices will be announced in future CME Globex Notices.

New Rate Synthetic Futures
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Market Data Channel
Rate Synthetic Future 1	TR1	04	312
Rate Synthetic Future 3	TR3	04	312
Rate Synthetic Future 6	TR6	04	312

These synthetic futures are currently available for customer testing.

Back to Top

BTICs on Commodity Index Products - This Week

Effective this Sunday, December 2 (trade date Monday, December 3), pending completion of all regulatory review periods, the following BTICs on Commodity Index products will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

BTICs on Commodity Index Products
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Market Data Channel
BTIC on S&P-GSCI Excess Return Index Futures	GIT	GH	316
BTIC on S&P-GSCI Commodity Index Futures	GDT	GT	316
BTIC on Bloomberg Roll Select Commodity Index Futures	DRT	LH	346

These products 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.

Back to Top

BTICs on New Total Return Futures - This Week

Effective this Sunday, December 2 (trade date Monday, December 3), pending completion of all regulatory review periods, BTICs on New Total Return futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

Please Note: CME Globex order entry will be permissible for BTIC trade type only.

BTICs on New Total Return Futures
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Market Data Channel
BTIC on Russell 2000 Total Return Index Futures	R2T	RH	318
BTIC on Russell 1000 Total Return Index Futures	R1B	RK	318
BTIC on Nasdaq-100 Total Return Index Futures	N1T	NH	318
BTIC on Dow Jones Industrial Average Total Return Index Futures	DTT	DH	342

With this launch, the following non-tradable synthetic futures will also be added to CME Globex.

New Synthetics Futures on BTIC Total Return Products
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Market Data Channel
Russell 2000 Total Return Index Futures	R2R	0(Zero)B	318
Russell 1000 Total Return Index Futures	R1R	0(Zero)B	318
Nasdaq-100 Total Return Index Futures	N1R	0(Zero)B	318
S&P 500 Total Return Index Futures	TRI	0(Zero)B	318
Dow Jones Industrial Average Total Return Index Futures	DTR	0(Zero)B	342

The BTICs on futures and the synthetic futures is currently available for customer testing in New Release.

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

Back to Top

Eris Swap Futures on CME Globex - This Week

Effective this Sunday, December 2 (trade date Monday, December 3), pending regulatory approval, CME Group will list Eris Swap futures on the CBOT designated contract market (DCM) for trading on CME Globex. Eris swap futures Block Trade transactions can also be submitted via CME Direct or CME ClearPort.

The Eris Swap futures will function similarly and trade alongside the MAC Swap Futures, bringing together the two leading interest rate swap futures on a single exchange venue.

Eris  Swap futures will be listed for quarterly IMM starting contracts, with fixed MAC coupons, and underlying tenors of 2, 3, 4, 5, 7, 10, 12, 15, 20, and 30-years.

The Client Impact Assessment includes information on the following:

• Order Entry Considerations
  • Pricing conventions
  • Trading Eligibility
• Market Data Considerations
  • Market Data Channels
  • Product Specifications
    • Eris Swap Futures Security Type
    • Eris Swap Futures Product Code
    • On/Off The Run Convention
    • Contract Month Convention
    • Standard Calendar Spreads (SP)
    • Changing Minimum Price Increment
  • Eris Swap Futures Market Data through CME DataMine.
  • Risk Management Services

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

Please Note: Effective end of day Friday, November 30, the streamlined SBE feed for the Eris Exchange will be decommissioned.

Streamlined SBE Feed	Channel
Eris Exchange	246

For existing current position holders of Eris USD Swap Futures which clear at CME Clearing, the migration of positions from the Eris Exchange will be performed by CME Group.

Back to Top

IMO Futures - Outrights  - December 9

Effective Sunday, December 9 (trade date Monday, December 10), pending completion of all regulatory review periods, IMO Futures - Outrights will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

IMO Futures - Outrights
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Market Data Channel
USGC Marine Fuel 0.5% (Platts) Futures	H5F	CP	382
European FOB Rdam Marine Fuel 0.5% Barges (Platts) Futures	R5F	CP	382
Singapore FOB Marine Fuel 0.5% (Platts) Futures	S5F	CP	382
Mini European FOB Rdam Marine Fuel 0.5% Barges (Platts) Futures	R5M	CP	382
Micro European FOB Rdam Marine Fuel 0.5% Barges (Platts) Futures	R5O	CP	382
Mini Singapore FOB Marine Fuel 0.5% (Platts) Futures	S5M	CP	382
Micro Singapore FOB Marine Fuel 0.5% (Platts) Futures	S5O	CP	382
Singapore FOB Marine Fuel 0.5% (Platts) vs. European FOB Rdam Marine Fuel 0.5% Barges (Platts) Futures	SR5	CP	382
USGC Marine Fuel 0.5% (Platts) vs. Gulf Coast HSFO (Platts) Futures	H5G	CP	382
Singapore FOB Marine Fuel 0.5% (Platts) vs. Singapore 380 CST Fuel Oil (Platts) Futures	S53	CP	382
European FOB Rdam Marine Fuel 0.5% (Platts) vs. European 3.5% FOB Barges (Platts) Futures	R53	CP	382

These  futures will be available for customer testing in New Release on Monday, December 3.

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

Back to Top

Listing WTI Houston Crude Oil Crack Spreads - December 16

Effective Sunday, December 16 (trade date Monday, December 17), crack spreads will be listed for 24 consecutive months for WTI Houston Crude Oil futures on CME Globex.

Listing WTI Houston Crude Oil Crack Spreads
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Tag 762- SecuritySubType
WTI Houston Crude Oil Futures vs. NY Harbor ULSD Futures	HCL	IE	C1 (Crack 1:1)
WTI Houston Crude Oil Futures vs. RBOB Gasoline Futures	HCL	IE	C1 (Crack 1:1)

The spreads will be made available for customer testing in New Release on Monday, December 3.

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

Back to Top

Energy Futures Inter-Commodity Spreads - December 16

Effective Sunday, December 16 (trade date Monday, December 17), the following Inter-Commodity spreads will be listed on CME Globex and for submission for clearing via CME ClearPort.

Energy Futures Inter-Commodity Spreads
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Tag 762- SecuritySubType	Listing Cycle
WTI Houston Crude Oil vs Light Sweet Crude Oil Futures	HCL	HC	IP (Inter-Commodity Spread)	The first 12 months, Jan-Mar, Mar-Jun, Jun-Sep and Sep-Dec for the nearest 12 months and all combinations of Jun-Dec for nearest 48 months
WTI Houston Crude Oil vs Brent Crude Oil Last Day Financial Futures	HCL	HC	IP (Inter-Commodity Spread)	The first 12 months, Jan-Mar, Mar-Jun, Jun-Sep and Sep-Dec for the nearest 12 months and all combinations of Jun-Dec for nearest 48 months

The spreads will be made available for customer testing in New Release on Monday, December 3.

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

Back to Top

Methanol FOB Houston (Argus) Futures  - December 16

Effective Sunday, December 16 (trade date Monday, December 17), pending completion of all regulatory review periods, Methanol FOB Houston (Argus) futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

Methanol FOB Houston (Argus) Futures
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Market Data Channel
Methanol FOB Houston (Argus) Futures	MTH	JR	386

This futures will be available for customer testing in New Release on Monday, December 3.

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

Back to Top

Product Changes

New New - Expansion of Strike Price Increment for Daily Natural Gas Options - Available

On Sunday, November 11 (trade date Monday, November 12), the strike price listing rules for the Daily Natural Gas options were modified as follows:

Expansion of Strike Price Increment for Daily Natural Gas Options
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group (UDS)	Current Listing Schedule	New Listing Schedule
Daily Natural Gas Option	KDB	ON	1T	Minimum 20 strikes at $0.025 per MMBtu strike increment above and below the at-the-money strike plus dynamic strikes at $0.025 per MMBtu strike increment.	Minimum 50 strikes at $0.025 per MMBtu strike increment above and below the at-the money strike plus dynamic strikes at $0.025 per MMBtu strike increment.

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

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

Back to Top

Listing Cycle Expansion for Black Sea Corn Financially Settled (Platts) Futures - This Week

Effective this Sunday, December 2 (trade date Monday, December 3), the listing cycle for the following Agricultural futures contract will be expanded on CME Globex.

Listing Cycle Expansion for Black Sea Corn Financially Settled (Platts) 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
Black Sea Corn Financially Settled (Platts) Futures	BCF	CS	Monthly contracts listed for twelve (12) consecutive months.	Monthly contracts listed for fifteen (15) consecutive months.

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

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

Back to Top

Listing Cycle Expansion for BTICs on S&P 500 Total Return Index Futures - This Week

Effective this Sunday, December 2 (trade date Monday, December 3 ), the listing cycle for the BTIC on S&P 500 Total Return futures will be expanded on CME Globex as follows.

Listing Cycle Expansion for BTICs on S&P 500 Total Return 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
BTIC on S&P 500 Total Return Index Futures	TRB	TB	Five quarterly months	Four serial months,13 quarterly months, and three additional December contract months

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.

Back to Top

Listing Spreads on BTIC on S&P 500 Total Return Index Futures  - This Week

Effective this Sunday, December 2 (trade date Monday, December 3), calendar spreads will be listed  for BTICs on S&P 500 Total Return Index futures on CME Globex.

Listing Spreads on BTIC on S&P 500 Total Return Index Futures
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Tag 762- SecuritySubType
BTIC on S&P 500 Total Return Index Futures	TRB	TB	EQ

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

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

Back to Top

Change to Maximum Order Quantity for Calendar Spreads on E-mini S&P 500 Futures  - This Week

Effective this Sunday, December 2 (trade date Monday, December 3), the maximum order quantity for Calendar Spreads on E-mini S&P 500 futures will be changed as follows:

Change to Maximum Order Quantity for Calendar Spreads on E-mini S&P 500 Futures
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Current tag 1140-MaxTradeVol	New tag 1140-MaxTradeVol
E-mini S&P 500 Futures	ES	ES	7,500	15,000

Please note, this change will not have any impact on outright trade order entry or functionality.

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.

Back to Top

Listing Cycle Expansion for MPC SONIA Futures - This Week

Effective this Sunday, December 2 (trade date Monday, December 3), the listing cycle for the following MPC SONIA futures will be expanded on CME Globex.

Listing Cycle Expansion for MPC SONIA 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
MPC SONIA Futures	MPC	S9	Nearest four (4) Reference Intervals for which the Bank of England has published MPC announcement dates.	Any Reference Intervals for which the Bank of England has published MPC announcement dates. *Bank of England has published 2019 MPC announcement dates thus the additional contract months May, Jun, Aug, Sep and Nov 2019 will be listed on CME Globex.

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.

Back to Top

Minimum Quantity Change for Triangulation Execution  - December 16

Effective Sunday, December 16 (trade date Monday, December 17), the minimum quantity requirement to trigger a triangulation execution will change from 10 to 5 contracts for all FX Vol-Quoted Options (VQO).

• Australian Dollar
  • Volatility-Quoted Options: tag 6937=VXA, VAA-VAE, VA1-VA5
• British Pound
  • Volatility-Quoted Options: tag 6937=VXB, VBA-VBE, VG1-VG5
• Swiss Franc
  • Volatility-Quoted Options: tag 6937=VXS, VSA-VSE
• Canadian Dollar
  • Volatility-Quoted Options: tag 6937=VXC, VCA-VCE, VC1-VC5
• Japanese Yen
  • Volatility-Quoted Options: tag 6937=VXJ, VJA-VJE, VJ1-VJ5
• Euro FX
  • Volatility-Quoted Options: tag 6937=VXT, VTA-VTE, VE1-VE5

In conjunction with the above change, to increase the range of triangulated strike prices at market open, the initial triangulation delta range will be configured to include strikes from 10 to 80 deltas. Currently, the initial range only includes strikes from 10 to 70 deltas.

These changes will be available for customer testing in New Release on Monday, December 3.

Back to Top

CME FX Option Changes  - June 9, 2019

Effective with the listing of the September 2019 quarterly options, these CME FX options will reflect the following changes:

• Expiration time will be 9:00 am Central Time (CT). Currently, these options expire at 2:00 pm CT.
• Exercise will use the 9:00 am CT fixing price instead of the 2:00 pm fixing price.

These changes will be in effect for all option instruments that expire after Sunday, June 9, 2019. Currently listed instruments, and any instruments that expire before June 9, 2019, will continue to use the 2:00 pm expiration and 2:00 pm fixing price for exercise.

Additional information on these changes including a two minute overview video can be found at cmegroup.com/10am.

The instrument last trade date and time 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.

The Fixing Price data blocks are sent in the MDP 3.0 Market Data Incremental Refresh (tag 35-MsgType=X) with the following attributes:

• Tag 279- MDUpdateAction=0 (New)
• Tag 269-MDEntryType=W (Fixing Price)
• Tag 270-MDEntryPX = Price of the MD Entry (This value will contain the fixing price).
• Tag 5796-Trading Reference will display the date for which the fixing price was calculated.

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.

Back to Top

Events and Announcements

New New - CME Group Login Update - Starting December 15

To deliver the best information security and customer experience, CME Group will require customers who have a registered CME Group Login to review and reagree to CME Group policies once every 12 months. These polices include:

• Terms of Use
• Privacy
• Cookie Policy

Starting Saturday, December 15, CME Group will begin prompting customers with CME Group Login profiles to reagree to CME Group policies.  This simple process will ensure customer profiles remain current and that users are aware of CME Group policy updates. To maintain secure accounts, CME Group will deem a profile inactive and will terminate access if it is not updated within the given timeframe.

Back to Top