• CME Globex Notices: July 22, 2019

      • To
      • CME Globex and Market Data Customers
      • From
      • Global Market Solutions & Services (GMSS)
      • #
      • 20190722
      • Notice Date
      • 25 July 2019
    • For the latest roadmap of CME Group technology initiatives:
      See the Development Launch Schedule.

      Critical System Updates

      Changes to User Defined Spreads Functionality: Resting Order Eliminations  - This Week

      Starting this Sunday, July 28 (trade date Monday, July 29), CME Group will implement the following changes to User Defined Spreads (UDS) functionality on CME Globex:

      • Performance changes
      • Improved spread recognition logic
      • Extended timing for UDS creation
      • Effects of UDS creation in non-Open Market states
      • Changes to tag 5979-RequestTime value
      • Harmonization of SecurityID Source values
      Please Note: To facilitate this change, customers will be asked to cancel all Good ‘Till Cancel (GTC) and Good ‘Till Date (GTD) orders for User-Defined Spreads (UDS) only for the affected products by the close on Friday before the production launch. After 16:00 CT on specified Friday, any remaining GT orders on UDS will be cancelled or deleted by the CME Global Command Center (GCC).

      Please review the Client Impact Assessment for additional information and New Release launch schedule.

      Changes to User Defined Spreads Functionality
      Market Segment ID Market Segment Description New Release Launch Production Launch
      52 CME FX Futures and Options II Available Sunday, July 28
      Market Segment ID Market Segment Description New Release Launch Production Launch

      50
      54
      56
       

      58
      60
      64
      68
      70
      72
      74
      76
      78
      80
      82
      84
      88

      CME Interest Rate Options
      CBOT and CME Equity Options
      NYMEX Emissions Options; NYMEX Energy, Metals, Softs and Alternative Markets Options; COMEX Options; DME Options

      CBOT Interest Rate Options
      CME, CBOT and MGEX Commodity Options
      CME, CBOT and MGEX Commodity Options
      CME Equity Futures II; CBOT Equity Futures
      CME, CBOT and MGEX Commodity Futures
      CBOT Commodity Futures II
      KRX Futures; BMD Futures and Options
      NYMEX Metals, Softs and Alternative Markets Futures; COMEX Futures
      NYMEX Emissions and Non-Crude Energy Futures
      DME Futures; NYMEX Crude and Crude Refined Energy Futures
      CME Interest Rate Futures
      CBOT Interest Rate Futures
      CME FX Futures and Options

      Available Q3 2019

      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.

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      NewNew - HMAC Key Expiration - September 29

      Effective Sunday, September 29 (trade date Monday, September 30), all Hash Message Authentication Codes (HMAC) security keys for iLink and Drop Copy sessions with expiration dates prior to Sunday, September 29, 2019, will be expired and no longer valid for login.  Moving forward, expiration of all HMAC security keys on their expiration date will be enforced.

      Request Center will continue to display a Red flag next to keys expiring within 4 weeks and email notifications will continue to be sent via a “Security Key Will Expire Soon” email.

      If you have any questions, please contact Global Account Management 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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      iLink Mandatory Order Handling Flag: Resting Order Elimination - November 17

      Effective Sunday, November 17, 2019 (trade date Monday, November 18), in conjunction with the Futures Industry Association (FIA) Execution Code Schema initiative, CME Globex will require the current iLink FIX tag 1031-CustOrderHandlingInst on the following iLink messages.

      Tag 1031 must be submitted on the following messages:

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

      Please Note: Tag 1031 will continue to be an optional tag on the New Order Cross (tag 35-MsgType=s)message.

      Tag 1031 will be returned on the following iLink messages:

      • Execution Report: Order Creation or Modify (tag 35-MsgType=8, OrdStatus=0 or 5)
      • Execution Report - Fill Notice (tag 35-MsgType=8, tag 39-OrdStatus=1 or 2)
      • Execution Report - Reject (tag 35-MsgType=8, tag 39-OrdStatus=8)
      • Execution Report - Order Cancel-Replace Reject (tag 35-MsgType=9)
      • Execution Report - Order Elimination (tag 35-MsgType=8, tag 39-OrdStatus=C, tag 150-ExecType=F
      • Quote Acknowledgment (tag 35-MsgType=b)
      • Business Level Reject (tag 35-MsgType=j)
      • Session Level Reject (tag 35=3)

      Tag 1031 must be populated by one of the following valid values:

      • W - Desk
      • Y - Electronic (Default)
      • C - Vendor-provided Platform billed by Executing Broker
      • G - Sponsored Access via Exchange API or FIX provided by Executing Broker
      • H - Premium Algorithmic Trading Provider billed by Executing Broker
      • D - Other, including Other-provided Screen

      Learn more on the FIA guidelines on how to identify the source of any order:

      If you have any questions on tag 1031 values, please contact your clearing firm to determine which value to use.

      With this launch, CME Globex will validate tag 1031 on iLink messages.   Any iLink message submitted with an invalid  tag 1031 value will be rejected. CME Globex will send a reject message including the following tag 58=<Reject Reason>.

      Please Note: To reduce customer impact, resting Good ‘Till Cancel (GTC) and Good ‘Till Date (GTD) orders with missing or invalid tag 1031 will not be cancelled upon the production launch. Clients are encouraged to modify their resting GTC and GTD orders before the launch to add a valid tag 1031. This change will not impact the order’s priority. Effective with this launch, all Cancel/Replace messages, including those for resting GTC & GTD orders, must include a valid tag 1031.
      Message Type Reject Message Type Reject Reason Reject Code
      (tag 380-BusinessRejectReason)
      Tag 58-Text
      New Order (tag 35-MsgType=D)
      Order Cancel/Replace Request (tag 35-MsgType=G)
      Session Level Reject (tag 35-MsgType=3)
      • Not present
      • Present, but contain a null value
      • Present, but contain an invalid value
      N/A
      • Required Field Missing 'Missing field: 'CustOrderHandlingInst (1031)'
      • Invalid FIX Field: 1031=<null>
      • tag CustOrderHandlingInst (1031) contains invalid value:  <>
      Mass Quote (tag 35-MsgType=i)
      • Business Level Reject (tag 35-MsgType=j)
      • Not present
      • Present, but contain an invalid value

      5
      0

      • Business Reject: Required Field Missing '1031 (CUST_ORDER_HANDLING_INST)'
      • tag CustOrderHandlingInst (1031) contains invalid value:  <>
      • Session Level Reject (tag 35-MsgType=3)
      • Present, but contain a null value

      N/A

      • Invalid FIX Field: 1031=<null>

      To facilitate migration to the mandatory iLink tag 1031, customers can implement this change in advance of the effective date.

      Tag 1031 will be available in New Release for customer testing on Monday, August 26.

      Certification is not required for iLink Mandatory Order Handling Flag.

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      UpdateUpdate - Decommission of Select ITC Market Data - November 22

      † Denotes update to the article

      Effective at the close of business †Friday, November 22, select ITC market data functions will be decommissioned in favor of an architecture that will support price decimals beyond 7 digits. As the result of the launch of SBE Settlements and Valuations and CME Reference Data API, many ITC data functions will become redundant and will be decommissioned.

      There will be a 6-month parallel period from the Settlements and Valuations production launch and decommission of select ITC market data. There will be the following ITC market data impacts:

      • NYMEX, COMEX and DME ITC channels will be eliminated
      • Futures and options settlements
      • Cleared volume and open interest
      • Cumulative volume
      • High/Low/Last prices
      • Fixing prices
      • Marker prices
      • Close prices
      • Net change
      • Lead month indicator
      • Contract specifications
      • Index prices

      Real-time trading floor data, such as trades, will continue to be disseminated on ITC channels for CME, CBOT, and MGEX.

      Please review the Client Impact Assessment for additional information and decommission schedules.

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      UpdateUpdate - CME Globex Market Segment Gateway Enhancements  - January 26, 2020

      † Denotes update to the article

      Starting Sunday, January 26, 2020 (trade date Monday, January 27), CME Group will introduce the following Market Segment Gateway (MSGW) enhancements to further safeguard CME Globex infrastructure.

      With this enhancement, if a Market Segment Gateway (MSGW) iLink session sends a network packet with an incomplete message, that session will be subject to additional processing to ensure the stability of the platform. This processing results in at least 3 microseconds before the message(s) can be sent to the trading engine.

      iLink messages impacted by this enhancement will be flagged in the corresponding Acknowledgement sent from CME Globex.

      Customers are strongly encouraged to ensure all messages are contained within a single network packet by the following methods:

      • Ensure any packet sent to CME group contains only complete messages
      • Limit the number of quote entries in a mass quote message that fits within a single TCP packet
      • Disable nagling, an algorithm that concatenates a number of small buffer messages to decrease the number of sent packets, on your order routing systems

      As a reminder, conduct that disrupts, delays, or overloads the systems or operations of the exchange may be deemed to violate Rule 575 (“Disruptive Practices Prohibited”) or other rules, including Rule 432.Q. (“General Offenses – to commit an act which is detrimental to the interest or welfare of the Exchange or to engage in any conduct which tends to impair the dignity or good name of the Exchange”). Rule 575 further provides that it is a violation to enter or cause to be entered an order where the intent at the time of order entry is to cancel the order before execution. It is also a violation of Rule 575 to intentionally or recklessly enter or cause to be entered an actionable or non-actionable message that may cause an adverse impact on the orderliness of the markets.

      Customers interested in finding out how MSGW enhancements would impact their iLink sessions should contact their 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.

      In internal testing, iLink round trip times at the 75th percentile and above increased at least 10%.

      Please review the Client Impact Assessment for additional information on these Market Segment Gateway enhancements.

      Staring on Monday, November 4, the CME Globex MSGW Enhancements will be available for customer testing in New Release. In addition, the new FIX tags for this enhancement will be available for customer testing in CME AutoCert+ Test Suite - MSGW Protection Enhancements. Certification is not required for these MSGW enhancements.

      Mock Trading Session:

      †CME Group will offer two customer mock trading sessions on Saturday, December 14, 2019 and Saturday, January 25, 2020 to support customer experience with the MSGW enhancements 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 will be announced in future CME Globex Notices.

      MSGW Enhancements Timeline
      Market Segment ID Market Segment Description Production Launch
      50
      76
      CME Interest Rate Options
      NYMEX Metals, Softs and Alternative Markets Futures; COMEX Futures

      Sunday, January 26, 2020

      54
      68
      72
      88

      CME and CBOT Equity Options
      CME Equity Futures II; CBOT Equity Futures
      CBOT Commodity Futures II
      CME FX Futures and Options

      Sunday, February 9, 2020
      52
      58
      60
      64
      70
      78
      CME FX Futures and Options II
      CBOT Interest Rate Options
      CME, CBOT and MGEX Commodity Options
      CME Equity Futures - E-mini S&P
      CME, CBOT and MGEX Commodity Futures
      NYMEX Emissions and Non-Crude Energy Futures
      Sunday, February 23, 2020

      56
       

      74
      80
      82
      84

      NYMEX Emissions Options; NYMEX Energy, Metals, Softs and Alternative Markets Options; COMEX Options; DME Options

      BMD Futures and Options; NYMEX SEF
      DME Futures; NYMEX Crude and Crude Refined Energy Futures
      CME Interest Rate Futures
      CBOT Interest Rate Futures

      Sunday, March 8, 2020

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      New Functionality

      CME iLink Reject Text Enhancements  - This Week

      This Sunday, July 28 (trade date Monday, July 29), CME Group will continue implementing enhancements to CME iLink reject texts to more clearly communicate why the customer message was rejected. These enhancements will be reflected in tag 58-Text in:

      • Business Level Reject (tag 35-MsgType=j)
      • Session Level Reject (tag 35-MsgType=3) messages
      CME iLink Reject Text Enhancements
      Reject Reason Current Tag 58-Text New Tag 58-Text
      Invalid Tag 40 in New Order, Modify, Request for Cross, and Mass Order Cancel Required Field Missing 'Unhandled order type: '0' tag: 40' Required Field Missing 'Unsupported value for tag ORDER_TYPE(40): '0''
      Invalid Tag 54 in New Order, Modify and Request for Cross Required Field Missing 'Unhandled order side: '3' tag: 54' Required Field Missing 'Unsupported value for tag SIDE(54): '3'
      Invalid Tag 59 in New Order and Modify Required Field Missing 'Unhandled time in force: '2' tag: 59' Required Field Missing 'Unsupported value for tag TIME_IN_FORCE(59): '2''
      Invalid Tag 8000 in New Order and Modify Required Field Missing 'Unhandled SelfMatchPreventionInstruction: 'X' tag: 8000' Required Field Missing 'Unsupported value for tag SELF_MATCH_PREVENTION_INSTRUCTION(8000): 'X''
      Invalid Tag 549 in Request for Cross Required Field Missing 'Unhandled cross type: '0' Required Field Missing 'Unsupported value for tag CROSS_TYPE(549): '0''
      Invalid Tag 624 in Security Definition Request Required Field Missing 'LegSide not a valid FIX value: '3'' Required Field Missing 'Unsupported value for tag LEG_SIDE(624): '3''
      Invalid Tag 1017 in Security Definition Request Required Field Missing 'LegOptionDelta has too many digits past decimal: '1.0E-5'' Required Field Missing '1017 (LEG_OPTION_DELTA) not a valid decimal: Too many significant digits after the decimal point (max 2) .000
      Invalid Tag 54 in Mass Order Cancel Order Mass Action 'FIX field incorrect 'Unhandled order side: '3' tag: 54' Order Mass Action 'FIX field incorrect 'Unsupported value for tag SIDE(54): '3'''
      Invalid Tag 1374 in Mass Order Cancel Order Mass Action 'Invalid MASS_ACTION_SCOPE: '19'' Order Mass Action 'FIX field incorrect 'Unsupported value for tag MASS_ACTION_SCOPE(1374): '19'''
      Invalid Tag 6115 in Mass Order Cancel Order Mass Action 'Invalid MASS_CANCEL_REQUEST_TYPE: '200'' Order Mass Action 'FIX field incorrect 'Unsupported value for tag MASS_CANCEL_REQUEST_TYPE(6115): '200'''

      In internal testing, these enhancements improved performance more than 9% for options markets and minor performance improvement for futures markets, at the median.

      CME iLink Enhancements
      Tag 1300- Market Segment ID Market Segment Description ProductionLaunch

      70
      74
      78
      80
      84
      88

      CME, CBOT and MGEX Commodity Futures
      KRX Futures; BMD Futures and Options; NYMEX SEF
      NYMEX Emissions and Non-Crude Energy Futures
      DME Futures; NYMEX Crude and Crude Refined Energy Futures
      CBOT Interest Rate Futures
      CME FX Futures and Options

      Sunday, July 28, 2019

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

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      BrokerTec US Treasury Data on MDP - September 22

      Effective Sunday, September 22 (trade date Monday, September 23), CME Group will launch a new Simple Binary Encoding (SBE) Market Data Platform (MDP) Channel named BrokerTec US Treasury Data.

      This new channel is designed to provide aggregated data derived from BrokerTec markets for active benchmark products and non-active benchmark products.

      BrokerTec US Treasury Data Supported Products
      Active Benchmark Bills
      • 1 Month Bills – 1 Year Bills
      Active Benchmark Notes and Bonds
      • 2 Year Note – 30 Year Bond
      When Issued Bills, Notes & Bonds
      • 1 Month Bills – 30 Year Bonds
      Once Old & Twice Old Off-the-Run Notes and Bonds
      • 2 Year Notes – 30 Year Bonds

      Please note: This market data channel is unrelated to the upcoming BrokerTec integration with CME Globex.

      Please review the Client Impact Assessment for product details, technical specifications and launch schedule.

      A market data license is required to gain access and interested customers should contact NEX Data Sales Team for licensing and cost at Enquiries@nexdata.com.

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      Product Launches

      Argus WTL Midland Crude Oil - August 4

      Effective Sunday, August 4 (trade date Monday, August 5), pending completion of all regulatory review periods, Argus WTL Midland Crude Oil futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

      Argus WTL Midland Crude Oil
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Market Data Channel
      WTL Midland (Argus) vs. WTI Trade Month Futures WTL CC 382
      WTL Midland (Argus) vs. WTI Calendar Month Futures TIL CC 382

      †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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      LNG Japan/Korea Marker (Platts) Futures-Style Margined Average Price Option - August 11

      Effective Sunday, August 11 (trade date Monday, August 12), pending completion of all regulatory review periods, LNG Japan/Korea Marker (Platts) Futures-Style Margined Average Price Option will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

      LNG Japan/Korea Marker (Platts) Futures-Style Margined Average Price Option
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group (Outrights)
      iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group (UDS)
      Market Data Channel
      LNG Japan/Korea Marker (Platts)Futures-Style Margined Average Price Option JFO EF EX 387

      This option will be available for customer testing in New Release on Monday, July 29.

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

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      Eris Swap Futures Inter-Commodity Spreads - August 11

      Effective Sunday, August 11 (trade date Monday, August 12), Eris Swap futures inter-commodity spreads will be listed on CME Globex.

      Eris Swap 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
      2-Year Eris Swap Future vs. 3-Year Eris Swap Future ETR EV IV-Implied Treasury Intercommodity Spread
      4-Year Eris Swap Future vs. 5-Year Eris Swap Future EOF EV IV-Implied Treasury Intercommodity Spread

      These spreads will be available for customer testing in New Release on Monday, July 29.

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

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      NewNew - Forward BTICs and Forward TACOs on E-mini S&P 500 Futures - September 8

      Effective Sunday, September 8 (trade date Monday, September 9), pending completion of all regulatory review periods, Forward BTICs and Forward TACOs on E-mini S&P 500 Futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

      Forward BTICs and Forward TACOs 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
      Market Data Channel
      Forward BTIC on Nearby E-mini Standard and Poor’s 500 Stock Price Index Futures ES1 SK 318
      Forward BTIC on Deferred E-mini Standard and Poor’s 500 Stock Price Index Futures ES2 SK 318
      Forward TACO on E-mini Standard and Poor’s 500 Stock Price Index Futures EQ1 4T 318

      These  futures will be available for customer testing in New Release on Monday, August 12.

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

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      Product Changes

      Listing Cycle Expansion for S&P 500 and E-mini S&P 500 Monday and Wednesday Weekly Options - This Week

      Effective this Sunday, July 28 (trade date Monday, July 29), the listing cycle for the following Monday and Wednesday weekly options will be expanded on CME Globex.

      Listing Cycle Expansion for S&P 500 and E-mini S&P 500 Monday and Wednesday Weekly Options
      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 S&P 500 Monday Weekly Options

       

      E1A, E2A, E3A, E4A, E5A

       

      EW

       

      Two nearest weeks of E1A, E2A, E3A, E4A, E5A

       

      Four nearest weeks of E1A, E2A, E3A, E4A, E5A

       

      E-mini S&P 500 Wednesday Weekly Options

       

      E1C, E2C, E3C, E4C, E5C

       

      EW

       

      Two nearest weeks of E1C, E2C, E3C, E4C, E5C

       

      Four nearest weeks of E1C, E2C, E3C, E4C, E5C

       

      S&P 500 Monday Weekly Options S1A, S2A, S3A, S4A, S5A

       

      OS

       

      Two nearest weeks of S1A, S2A, S3A, S4A, S5A

       

      Four nearest weeks of S1A, S2A, S3A, S4A, S5A

       

      S&P 500 Wednesday Weekly Options S1C, S2C, S3C, S4C, S5C

       

      OS

       

      Two nearest weeks of S1C, S2C, S3C, S4C, S5C

       

      Four nearest weeks of S1C, S2C, S3C, S4C, S5C

       

      These options are 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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      Listing Cycle Expansion for Crude Oil Mid-Curve Options - This Week

      Effective this Sunday, July 28 (trade date Monday, July 29), the listing cycle for the following Crude Oil Mid-Curve Options will be expanded on CME Globex.

      Additionally, the pre-listed strike price rule will extend to the new listed contract months; Minimum 20 strikes at $0.50 per barrel strike increment above and below the at-the-money strike then 10 strikes at $2.50 per barrel strike increment above and below the highest and lowest $0.50 per barrel increment strikes plus dynamic strikes at $0.50 per barrel strike increment.

      Listing Cycle Expansion for Crude Oil Mid-Curve Options
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Current Listing Schedule New Listing Schedule
      Crude Oil Mid-Curve Option 1 Year LM1 LO Monthly contracts listed for the nearest June and December contract months with underlying contracts 12 months into the future. Monthly contracts listed for the 2 nearest June and 2 nearest December contract months. The underlying for each contract month is 12 months into the future.
      Crude Oil Mid-Curve Option 2 Year LM2 LO Monthly contracts listed for the nearest June and December contract months with underlying contracts 24 months into the future. Monthly contracts listed for the 2 nearest June and 2 nearest December contract months. The underlying for each contract month is 24 months into the future.
      Crude Oil Mid-Curve Option 3 Year LM3 LO Monthly contracts listed for the nearest June and December contract months with underlying contracts 36 months into the future. Monthly contracts listed for the 2 nearest June and 2 nearest December contract months. The underlying for each contract month is 36 months into the future.
      Crude Oil Mid-Curve Option 4 Year LM4 LO Monthly contracts listed for the nearest June and December contract months with underlying contracts 48 months into the future. Monthly contracts listed for the 2 nearest June and 2 nearest December contract months. The underlying for each contract month is 48 months into the future.
      Crude Oil Mid-Curve Option 5 Year LM5 LO Monthly contracts listed for the nearest June and December contract months with underlying contracts 60 months into the future. Monthly contracts listed for the 2 nearest June and 2 nearest December contract months. The underlying for each contract month is 60 months into the future.

      These 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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      Implied Functionality Disabled on CME FX Futures and SD Calendar Spreads - August 11

      Effective Sunday, August 11, for trade date Monday, August 12, implied functionality will be disabled on the following CME FX futures outrights and all SD calendar spreads (i.e., serial-to-serial, serial-to-quarterly, and quarterly-to-quarterly).

      Implied Functionality Disabled on CME FX Futures and SD Calendar Spreads
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      British Pound (GBP/USD) Futures 6B 6B
      Canadian Dollar (CAD/USD) Futures 6C 6C
      Euro FX (EUR/USD) Futures 6E 6E
      Japanese Yen  (JPY/USD) Futures 6J 6J
      Australian Dollar  (AUD/USD) Futures 6A 6A
      Euro/British Pound (EUR/GBP) Futures RP FB

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

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      Changes to FX Futures Calendar Spreads – Resting Order Eliminations  - August 11

      Effective Sunday, August 11 (for trade date Monday, August 12), the following changes will be made to the EUR/USD and JPY/USD futures calendar spreads:

      • For all calendar spreads: Match Algorithm change from Pro-Rata (tag 1142=C) to Configurable (tag 1142=K) for all calendar spread months.  The configuration will be 20% FIFO, 80% Pro Rata with no Leveling, and FIFO for residuals.
      • For non-consecutive calendar spreads only: A reduced minimum trading tick of 0.2; currently defined as 0.5.
      Please Note: To facilitate the change, customers are asked to cancel all Good ‘Till Cancel (“GTC”) and Good ‘Till Date (“GTD”) orders for EUR/USD and JPY/USD futures calendar spreads after the close on Friday, August 9.  After 16:00 CT on Friday, August 9 all remaining GT orders for these spreads will be deleted by the CME Global Command Center (“GCC”).
      Changes to FX Futures Calendar Spreads – Resting Order Eliminations
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Current Tag 969-MinPriceIncrement New Tag 969-MinPriceIncrement Tag 762-SecuritySubType
      Euro/US Dollar (EUR/USD) Futures 6E 6E 0.500000000 0.2000000 SD
      Japanese Yen/US Dollar (JPY/USD) Futures 6J 6J 0.500000000 0.2000000 SD

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

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

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      Temporary Suspension of Three EUA Futures and Options  - October 31

      The temporary suspension of the European Union Allowance (EUA) futures and options has been extended. Effective Thursday, October 31 (trade date Friday, November 1), beginning with the November 2019 contract month, the European Union Allowance (EUA) futures and options will be made available for trading on CME Globex.

      Extending Suspension of Three EUA Futures and Options
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      In Delivery Month European Union Allowance (EUA) Futures EAF VX
      In Delivery Month European Union Allowance (EUA) Options EAX GY
      In Delivery Month European Union Allowance (EUA) Serial Options 9G GY

      These products currently have no open interest.

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      BrokerTec Markets Integration Update

      BrokerTec Markets Integration onto CME Globex: Customer Documentation is Now Available 

      The initial set of documentation for BrokerTec markets integration on to CME Globex APIs is now available in the BrokerTec Support Portal. To access the BrokerTec Support Portal you must be an existing customer or vendor with a signed Non-Disclosure Agreement (NDA) in place with BrokerTec.  

      • Market Data
      • Market Functionality
      • CME GC Allocation

      If you are interested in these services, please contact Global Account Management 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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