CME Globex Notices: July 26, 2021

Critical System Updates

Petrol Index on Benchmark Administration Premium - This Week

Effective this Sunday, August 1 (trade date Monday, August 2), CME Group will launch Petroleum Index on Benchmark Administration Premium MDP. The Petroleum Index is end-of-day index that represents a single price for a basket of underlying Energy futures listed on NYMEX. The index is listed in points and based on a starting value of 100 on launch date, with the value changing daily relative to the movement on the underlying components.

The messages for this index will be sent on the Benchmark Administration Premium Simple Binary Encoding (SBE) Multicast channel ID 261 via SBE template MDIncrementalRefreshSettle401. The Petroleum Index will include the following new tag values:

Petrol Index on Benchmark Administration Premium
Tag	Fix Name	New Valid Values	Description
269	MDEntryType	3 = Index Value	Indicates the type of price
37500	ClearingProductCode	CPX = Petroleum Index CVX = Indicative Petroleum Index	Clearing Product Code
167	SecurityType	INDEX = Index Product	Identifies the type of instrument.

Additional product and instrument reference information can be obtained via Reference Data API.

The Petroleum Index is currently available for customer testing in New Release.

Back to Top

CVOL Index on Benchmark Administration Premium - This Week

Effective this Sunday, August 1 (trade date Monday, August 2), CME Group will launch the CME Group Volatility Index (CVOL) on Benchmark Administration Premium MDP. Calculated daily, the CME Group Volatility Index (CVOL) delivers cross-asset class family of implied volatility indexes based on simple variance.

The market data messages will be sent on the Benchmark Administration Premium Simple Binary Encoding (SBE) Multicast channel ID 261 via SBE template MDIncrementalRefreshSettle401. The CVOL Index will include the following new values:

CVOL Index on Benchmark Administration Premium
Tag	Fix Name	New Valid Values	Description
269	MDEntryType	3 = Index Value	Indicates the type of price.
37500	ClearingProductCode	See tables below	Clearing Product Code.
167	SecurityType	INDEX = Index Product	Identifies the type of instrument.
9732	FormattedLastPx		Price in Clearing decimal format. For CVOL this field represents one of these values: Volatility Index value (Var) - The main CVOL index value Up Variance (Up Var) - Implied volatility of call options Down Variance (Down Var) - Implied volatility of put options Skew - Difference of Up Var and Down Var At the Money Vol (ATM Vol) - Implied volatility of the theoretical at-the-money (ATM) Premium Convexity - The degree of curvature of the volatility curve as indicated by the ratio of the Volatility Index value and the ATM Vol.
270	MDEntryPx		Identifies the type of instrument.

Additional product and instrument information are defined in Reference Data API.

The CVOL Indexes are currently available for customer testing in New Release.

Clearing Product Code Mapping

Foreign Exchange

Contract	CVOL Symbol	Up Var Symbol	Down Var Symbol	Skew Symbol	ATM Vol Symbol	Convexity Symbol
EUR/USD (EUU)	EUVL	EUUP	EUDN	EUSK	EUAM	EUCV
GBP/USD (GBU)	GBVL	GBUP	GBDN	GBSK	GBAM	GBCV
JPY/USD (JPU)	JPVL	JPUP	JPDN	JPSK	JPAM	JPCV
AUD/USD (AUU)	ADVL	ADUP	ADDN	ADSK	ADAM	ADCV
CAD/USD (CAU)	CAVL	CAUP	CADN	CASK	CAAM	CACV
MXN/USD (MP)	MPVL	MPUP	MPDN	MPSK	MPAM	MPCV
CHF/USD (CHU)	CHVL	CHUP	CHDN	CHSK	CHAM	CHCV
FX G5 Volatility Index	FXVL	FXUP	FXDN	FXSK	FXAM	FXCV

Interest Rates

Contract	CVOL Symbol	Up Var Symbol	Down Var Symbol	Skew Symbol	ATM Vol Symbol	Convexity Symbol
Eurodollar 90-day	GEVL	GEUP	GEDN	GESK	GEAM	GECV
Eurodollar 1-year Midcurve 90-day	G1VL	G1UP	G1DN	G1SK	G1AM	G1CV
Eurodollar 2-year Midcurve 90-day	G2VL	G2UP	G2DN	G2SK	G2AM	G2CV
US 2-year TNote (OZT) - Price	TUVL	TUUP	TUDN	TUSK	TUAM	TUCV
US 2-year TNote (OZT) - Yield	TUVY	TUUY	TUDY	TUSY	TUAY	TUCY
US 5-year TNote (OZF) - Price	FVVL	FVUP	FVDN	FVSK	FVAM	FVCV
US 5-year TNote (OZF) - Yield	FVVY	FVUY	FVDY	FVSY	FVAY	FVCY
US 10-year TNote (OZN) - Price	TYVL	TYUP	TYDN	TYSK	TYAM	TYCV
US 10-year TNote (OZN) - Yield	TYVY	TYUY	TYDY	TYSY	TYAY	TYCY
US 30-year TBond (OZB) - Price	USVL	USUP	USDN	USSK	USAM	USCV
US 30-year TBond (OZB) - Yield	USVY	USUY	USDY	USSY	USAY	USCY
Treasury Curve Volatility Index - Price	TPVL	TPUP	TPDN	TPSK	TPAM	TPCV
Treasury Curve Volatility Index - Yield	TVL	TUP	TDN	TSK	TAM	TCV

Metals

Contract	CVOL Symbol	Up Var Symbol	Down Var Symbol	Skew Symbol	ATM Vol Symbol	Convexity Symbol
Silver (SO)	SIVL	SIUP	SIDN	SISK	SIAM	SICV
Gold (OG)	GCVL	GCUP	GCDN	GCSK	GCAM	GCCV
Copper (HXE)	HGVL	HGUP	HGDN	HGSK	HGAM	HGCV
Metals Volatility Index	MVL	MUP	MDN	MSK	MAV	MCV

Energies

Contract	CVOL Symbol	Up Var Symbol	Down Var Symbol	Skew Symbol	ATM Vol Symbol	Convexity Symbol
WTI Crude Oil (LO)	CLVL	CLUP	CLDN	CLSK	CLAM	CLCV
Henry Hub Natural Gas (LN)	NGVL	NGUP	NGDN	NGSK	NGAM	NGCV
RBOB Gasoline (OB)	RBVL	RBUP	RBDN	RBSK	RBAM	RBCV
NY Harbor ULSD (OH)	HOVL	HOUP	HODN	HOSK	HOAM	HOCV
Energy Volatility Index	EVL	EUV	EDN	ESK	EAM	ECV

Agriculture

Contract	CVOL Symbol	Up Var Symbol	Down Var Symbol	Skew Symbol	ATM Vol Symbol	Convexity Symbol
Wheat (OZW)	WVL	WUP	WDN	WSK	WAM	WCV
Corn (OZC)	CVL	CUV	CDN	CSK	CAM	CCV
Soybean (OZS)	SVL	SUP	SDN	SSK	SAM	SCV
Soybean Oil (OZL)	SOVL	SOUP	SODN	SOSK	SOAM	SOCV
Soybean Meal (OZM)	SMVL	SMUP	SMDN	SMSK	SMAM	SMCV
Lean Hogs (HE)	HEVL	HEUP	HEDN	HESK	HEAM	HECV
Live Cattle (LE)	LEVL	LEUP	LEDN	LESK	LEAM	LECV
Class III Milk (DC)	DCVL	DCUP	DCDN	DCSK	DCAM	DCCV
Agriculture Volatility Index	AVL	AUV	ADN	ASK	AAM	ACV

Cross-Asset

Contract	CVOL Symbol	Up Var Symbol	Down Var Symbol	Skew Symbol	ATM Vol Symbol	Convexity Symbol
Commodity Volatility Index	CMVL	CMUP	CMDN	CMSK	CMAM	CMCV

Back to Top

IP Address Change for CME CF Rates and Indexes MDP  - August 14

Effective close of business Friday, August 14, CME Group will change source IPs for CME CF Rates and Indexes MDP as follows:

IP Address Change for CME CF Rates and Indexes MDP
CHANNEL NAME	CHANNEL ID	HOST	CURRENT SOURCE IP ADDRESSES	NEW SOURCE IP ADDRESSES
CME CF Rates and Indexes MDP	213	Primary	69.50.115.69 69.50.115.70	205.209.220.21 205.209.220.22
		Backup	69.50.119.45 69.50.119.46	205.209.213.24 205.209.213.25

A new Streamlined config.xml file will be available for customer download  Saturday, August 15. See additional information on  SFTP - MDP Configuration.

Back to Top

CME Globex Performance Enhancements - August 22

The CME Globex Performance Enhancements will continue Sunday, August 22. Below is the updated timelines.  CME Group is implementing infrastructure and hardware upgrades to futures and options markets on the CME Globex platform. In internal testing, these enhancements improved performance on CME Globex more than 20% for both iLink 2 and iLink 3 order entry and MDP 3.0.

LAUNCH DATE	MARKET SEGMENT ID	MARKET SEGMENT DESCRIPTION
August 22	58	CBOT Interest Rate Options
	60	CME Globex Commodity Options CBOT Globex Commodity Options MGEX Globex Options
	74	BMD Globex Futures BMD Globex Options
	80	DME Globex Futures NYMEX Globex Crude & Crude Refined Futures
	84	CBOT Interest Rate Futures

Back to Top

iLink 3 FIXP Messaging Enhancements - September 26

Effective Sunday, September 26 (trade date Monday, September 27), CME Group will implement enhancements to iLink 3 FIXP messages to be a more consistent customer experience. With this change, any error conditions for Negotiate and Establish with invalid UUID and/or NextSeqNo will lead to the FIXP session being terminated.Currently, we reject FIXP messages in some scenarios and terminate sessions in other scenarios.

These enhancements will be reflected on the FIXP messages as follows:

iLink 3 FIXP Messaging Enhancements
Request from Client System to CME Globex		Response from CME Globex to Client System
FIXP Message	Error Conditions	Current	New
Negotiate	Missing UUID	Negotiation Reject	Terminate
	UUID is not greater than the UUID used in the last successful Negotiate/Establish message	Negotiation Reject	Terminate
Establish	Missing UUID	Establishment Reject	Terminate
	UUID does not match with the UUID used in the previous Negotiate message	Establishment Reject	Terminate
	Missing NextSeqNo	Establishment Reject	Terminate

These changes will be available in New Release for customer testing on Wednesday, July 28.

ILINK 3 FIXP MESSAGING ENHANCEMENTS TIMELINE
MARKET SEGMENT ID	MARKET SEGMENT DESCRIPTION	PRODUCTION LAUNCH
76	NYMEX Metals, Softs and Alternative Markets Futures; COMEX Futures	Sunday, September 26, 2021
12 50 60 70	Order Entry Service Gateway CME Interest Rate Options CME, CBOT and MGEX Commodity Options CME, CBOT and MGEX Commodity Futures	Sunday, October 3, 2021
52 54 56 58 64 68 72 74 78 80 82 84 88	CME FX Futures and Options II CME Equity Options - S&P Option NYMEX Emissions Options; NYMEX Energy, Metals, Softs and Alternative Market Options; COMEX Options; DME Options CBOT Interest Rate Options CME Equity Futures – E-mini S&P CME Equity Futures II; CBOT Equity Futures CBOT and CME Equity Options; excluding S&P BMD Futures and Options; NYMEX SEF 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	Sunday, October 17, 2021

Back to Top

Product Launches

CBL Nature-Based Global Emissions Offset Futures - This Week

Effective this Sunday, August 1 (trade date Monday, August 2), pending completion of all regulatory review periods, CBL Nature-Based Global Emissions Offset futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

CBL Nature-Based Global Emissions Offset Futures
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Market Data Channel
CBL Nature-Based Global Emissions Offset Futures	NGO	VX	380

The CBL Nature-Based Global Emissions Offset futures are 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

Micro Treasury Yield Futures - August 15

Effective Sunday, August 15 (trade date Monday, August 16), pending completion of all regulatory review periods, Micro Treasury Yield Futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

Micro Treasury Yield Futures
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Market Data Channel
Micro 2-Year Yield Futures	2YY	2Y	344
Micro 5-Year Yield Futures	5YY	5Y	344
Micro 10-Year Yield Futures	10Y	4Y	344
Micro 30-Year Yield Futures	30Y	6Y	344

These futures 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

Three-Month Bloomberg Short-Term Bank Yield Index (BSBY) Futures - August 22

Effective Sunday, August 22 (trade date Monday, August 23), pending completion of all regulatory review periods, Three-Month Bloomberg Short-Term Bank Yield Index (BSBY) Futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

Three-Month Bloomberg Short-Term Bank Yield Index (BSBY) Futures
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Market Data Channel
Three-Month Bloomberg Short-Term Bank Yield Index (BSBY) Futures	BSB	BW	312
3 Mo SOFR vs BSBY Inter-commodity Spread	SR3
BSBY vs Eurodollar Inter-commodity Spread	BSB
Three-Month BSBY Calendar Spreads	BSB
Three-Month BSBY Butterfly	BSB
Three-Month BSBY Double Butterfly	BSB
Three-Month BSBY Condor	BSB
Three-Month BSBY Bundle	BSB
Three-Month BSBY Balanced Strip	BSB

These Three-Month Bloomberg Short-Term Bank Yield Index (BSBY) Futures will be available for customer testing in New Release on Monday, August 2.

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

Back to Top

Product Changes

NewNew - Delisting and Removal of Natural Gas Reduced Tick Intercommodity Spreads - This Week

On Monday, July 26 the following NG:NN and HH:NN RI intercommodity spreads were delisted, and effective close of business Friday, July 30 these spreads will be removed from CME Globex.

Delisting and Removal of Natural Gas Reduced Tick Intercommodity Spreads
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group
NG:NN Inter Spread	NG:NN	NG
HH:NN Inter Spread	HH:NN	NG

These products currently have no open interest.

Back to Top

NewNew - Delisting and Removal of Petroleum Products - This Week

On Monday, July 26 the following Petroleum products were delisted, and effective close of business Friday, July 30 these futures and options will be removed from CME Globex.

Delisting and Removal of Petroleum Products
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group
Mars (Argus) vs. Dubai Trade Month Futures	MDR	CC
Mars (Argus) vs. Dubai Calendar Month Futures	MDM	CC
WTS (Argus) vs. WTI Trade Month Average Price Option	FHO	EF
WTS (Argus) vs. WTI Calendar Month Average Price Option	WSO	EF
Gulf Coast Heating Oil (Argus) vs. NY ULSD Futures	7U	RF
Gulf Coast Heating Oil (Argus) Futures	4U	RF
NY RBOB (Argus) Futures	NYA	RF
NY RBOB (Argus) vs. RBOB Futures	NYR	RF
Gulf Coast ULSD (Argus) Crack Spread Futures	CF	CP
Gulf Coast Jet (Argus) Up-Down Futures	AJU	RF
Gulf Coast Jet (Argus) Futures	AF	CP
Gulf Coast Jet (Argus) Up-Down BALMO Futures	GBA	CP
NY Jet Fuel (Argus) Futures	4Y	CP
NY Jet Fuel (Argus) vs. NY ULSD Futures	A5U	RF
Net Energy Edmonton Light Sweet Daily Index Futures	CIL	BB
Net Energy Edmonton Sweet Synthetic Daily Index Futures	CSN	BB
Net Energy WCS Daily Index Futures	WCC	BB
NY RBOB (Platts) Futures	RYA	CP
NY RBOB (Platts) vs. RBOB Futures	ARI	RF
Gulf Coast Heating Oil (Platts) Futures	AGP	RF
Gulf Coast No. 2 (Platts) Up-Down Futures	AUT	RF
NY ULSD (Platts) vs. NY Harbor ULSD Futures	AUY	RF
NY ULSD (Platts) Futures	YS	CP
NY Heating Oil (Platts) vs. NY Harbor ULSD Futures	AYH	RF
NY Heating Oil (Platts) Futures	YF	CP

These products currently have no open interest.

Back to Top

Extending Implied Functionality for Emissions Futures - This Week

Effective this Sunday, August 1 (trade date Monday, August 2), the implied functionality for the following Emissions futures and spreads will be expanded as follows:

Extending Implied Functionality for Emissions Futures
Product	ILINK: TAG 1151-SECURITY GROUP MDP 3.0: TAG 6937-ASSET	ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP	CURRENT IMPLICATION LISTING RULE	NEW IMPLICATION LISTING RULE
CBL California Carbon Allowance Vintage-Specific Futures 2021	CC1	VX	Nearest 36 consecutive contract months	Nearest 48 consecutive contract months
CBL California Carbon Allowance Vintage-Specific Futures 2022	CC2
CBL California Carbon Allowance Vintage-Specific Futures 2023	CC3
CBL Global Emissions Offset Futures	GEO
Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Futures	RGI

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

Changes to Treasury Calendar Spread Futures - This Week

Effective this Sunday, August 1 (trade date Monday, August 2), the following product settings will be modified for these Treasury futures.

• Change Velocity Logic Wide
• Remove Velocity Logic Narrow
• Change Price Banding

Changes to Treasury Calendar Spread Futures
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Current Velocity Logic Wide	New Velocity Logic Wide	Current Price Banding	New Price Banding
2-Year T-Note Futures	ZT	ZT	3.75	1.25	1.25	1.25
3-Year T-Note Futures	Z3N	Z3	11.25	2	3.75	2
5-Year T-Note Futures	ZF	ZF	6	2	2	2
10-Year T-Note Futures	ZN	ZN	15	4	5	4
Ultra 10-Year U.S. Treasury Note Futures	TN	Z1	15	4	5	4
U.S. Treasury Bond Futures	ZB	ZB	22.5	5	7.5	5
Ultra U.S. Treasury Bond Futures	UB	ZU	22.5	5	7.5	5

The settings for every CME Globex product is defined in the CME Globex Product Reference.

These changes are available for customer testing in New Release.

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

Back to Top

UpdateUpdate - Change to E-mini NASDAQ Biotechnology Futures - August 15

†Denotes update to the article

Effective Sunday, August 15 (trade date Monday, August 16), the minimum price increment tag 969-MinPriceIncrement and unit of measure quantity 1147- UnitOfMeasureQty for E-mini NASDAQ Biotechnology futures will be modified as follows:

Change to E-mini NASDAQ Biotechnology Futures
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	CURRENT TAG 1147 - UNITOFMEASUREQTY	NEW TAG 1147 - UNITOFMEASUREQTY
E-mini NASDAQ Biotechnology Futures	BIO	BQ	10.000000000	50.000000000	50.000000000	25.000000000
†BTIC on E-mini NASDAQ Biotechnology Futures	†BIT	†TQ	†Unchanged	†Unchanged	†50.000000000	†25.000000000

This change will be available for customer testing in New Release on August 2.

This contract is listed with, and subject to, the rules and regulations of CME.

Back to Top

Changes to Minimum Price Increment for New Zealand Dollar/U.S. Dollar (NZD/USD) Futures - August 15

Effective Sunday, August 15 (trade date August 16), pending the completion of all regulatory review periods, tag 969-MinimumPriceIncrement for New Zealand Dollar/U.S. Dollar (NZD/USD) futures will change as follows:

Changes to Minimum Price Increment for New Zealand Dollar/U.S. Dollar (NZD/USD) Futures
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
New Zealand Dollar/U.S. Dollar (NZD/USD) Futures	6N	6N	1.000000000	0.500000000

These changes 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

Listing Cycle Expansion for Dutch TTF Natural Gas Calendar Month Futures - August 15

Effective Sunday, August 15 (trade date Monday, August 16), the listing cycle for the following Dutch TTF Natural Gas Calendar Month futures will be expanded on CME Globex.

Listing Cycle Expansion for Dutch TTF Natural Gas Calendar Month 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
Dutch TTF Natural Gas Calendar Month Futures	TTF	FD	Monthly contracts listed for the current year and the next 5 calendar years. List monthly contracts for a new calendar year following the termination of trading in the December contract of the current year.	Monthly contracts listed for the current year and the next 10 calendar years. List monthly contracts for a new calendar year following the termination of trading in the December contract of the current year.

These futures will be available for customer testing in New Release on Monday, August 2.

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

Back to Top

NewNew - Listing Cycle Expansion for North European Hot-Rolled Coil Steel (Argus) Futures - August 22

Effective Sunday, August 22 (trade date Monday, August 23), the listing cycle for the North European Hot-Rolled Coil Steel (Argus) futures will be expanded on CME Globex.

Listing Cycle Expansion for North European Hot-Rolled Coil Steel (Argus) 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
North European Hot-Rolled Coil Steel (Argus)Futures	EHR	MA	Monthly contracts listed for twelve (12) consecutive months. Add a new contract month after the nearby expiry.	Monthly contracts listed for eighteen (18) consecutive months. Add a new contract month after the nearby expiry.

These futures will be available for customer testing in New Release on Monday, August 16.

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

Back to Top

Change to E-mini FTSE 100 and Developed European Index Futures Strategy Type - August 22

Effective Sunday, August 22 (trade date Monday, August 23), the CME Group will change the tag 762-SecuritySubType in the Security Definition (tag 35-MsgType=d) message for the E-mini FTSE 100 and Developed European Index futures from EQ (Calendar Spread) to RT (Reduced Tick) on CME Globex. To support these changes, the existing SP (Calendar Spread) products will be removed on Friday, August 14, 2021.

Please Note: To facilitate this change, customers are asked to cancel all Good ‘Till Cancel (GTC) and Good ‘Till Date (GTD) orders after the close on August 13. After 16:00 CT on August 13, all remaining GT orders for these spreads will be cancelled or deleted by the CME Global Command Center (GCC).

Change to E-mini FTSE 100 and Developed European Index Futures Strategy Type
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	CURRENT TAG 762- SECURITYSUBTYPE	NEW TAG 762- SECURITYSUBTYPE
E-mini FTSE 100 (GBP) Index Futures	FTI	FZ	EQ (Calendar Spread) with All Possible Combos	RT (Reduced Tick Spread) with all possible combos
E-mini FTSE 100 (USD) Index Futures	FTU	FZ	EQ (Calendar Spread) with All Possible Combos	RT Futures - Reduced Tick (RT) with all possible combos
E-mini FTSE Developed Europe Index Futures	DVE	DV	EQ (Calendar Spread) with All Possible Combos	RT Futures - Reduced Tick (RT) with all possible combos

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

TACO and BTIC Amended Trading Schedule - September 26

Effective Sunday, September 26 (trade date Monday, September 27), and pending all relevant CFTC regulatory review periods, the Basis Trade at Cash Open (“TACO”) and Basis Trade at Index Close (“BTIC”) will open for Monday’s trade date on the previous Friday afternoon.

With this change and for the first time, CME Globex will support trading for a trade date over a weekend. The trade date for these products will not roll over on the weekend. This change will impact iLink 2 and iLink 3 order entry, MDP 3 market data, and CME STP and CME STP FIX.

Please review the Client Impact Assessment for information on functionality and messaging impacts.

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

Back to Top

Events and Announcements

CME SPAN 2 Margin Methodology - Q4 2021

CME Group is targeting the initial launch of SPAN 2 Margin Methodology in Q4 2021, starting with a subset of energy products. Any firm that currently uses the CME SPAN methodology and trades impacted products will need to implement one of the following services for computing CME SPAN 2 margin requirements:

• CME Core – a CME Group hosted web application for Margin Calculation “CME CORE”
• Margin API – a CME Group hosted margin calculation API
• Deployable Margin Software – a CME Group java margin calculation library

Please Note: A limited number of existing pre-trade execution margin calculation processes may continue to be supported.

Firms using CME SPAN for pre-trade risk management can contact the Post Trade Services team for more information:

US	UK	APAC
+1 312 580 5353	+44 20 3379 3500	+65 6593 5599

Back to Top