CME Globex Notices: February 28, 2022

Critical System Updates

Market Data Settlement Messaging Updates - This Week

Effective this Sunday, March 6 (trade date Monday, March 7), the market data incremental (tag 35-MsgType=X; tag 269=6) settlement messaging will be updated as follows for the products outlined below.

To improve message efficiency, the following products will no longer support Settlement at Trading Tick (tag 731-SettlPriceType, Bit 2=1):

Additionally to improve settlement message granularity, the following product will add support for Settlement at Trading Tick (tag 731-SettlPriceType, Bit 2=1) messaging:

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

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Bursa Malaysia Derivatives (BMD) Market Segment Migration and Test Environment Host IP Update - March 13

On Sunday, March 13 (trade date Monday, March 14) Bursa Malaysia Derivatives (BMD) Globex Futures and Options market data channels will migrate to market segment id 60 (tag 1300-MarketSegmentID). With this update MSGW iLink and Drop Copy sessions must update the network configuration. iLink and Drop Cop Convenience Gateway (CGW) network configurations will not be impacted.

Below are the channels that will be migrated to a new market segment ID.

The following outlines the BMD market segment update:

The following outlines the updated BMD iLink and Drop Copy IP addresses:

In conjunction with the market segment IP change the host IPs will be updated in the New Release and Certification environments. The new host IPs will be updated in the Market Data Configuration file.

The new market segment and updated host IPs in the Market Data Configuration file is currently available for customer testing in New Release.

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NewNew - Equity Options Market Data Source IP Update - April 29

Effective close of business Friday, April 29, CME Group will change the MDP MBO recovery source/host IPs for CME Globex Equity Options (311) and CME Globex Equity Options - excludes E-mini S&P 500 (319) as follows:

A new config.xml file will be available for customer download Saturday, April 30. See additional information on  SFTP - MDP Configuration.

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Cryptocurrency Market Data Channel Launch and Market Segment Update - May 1

On Sunday, May 1 to support increased client demand for cryptocurrency futures and options products, CME Group will launch two new dedicated cryptocurrency market data channels on CME Globex. In conjunction with the cryptocurrency channel migration the market segment ID will update for MDP 3.0, MSGW iLink and MSGW Drop Copy. This update will not impact data licensing and entitlement requirements. With the launch, the following cryptocurrency products and associated spreads will be migrated to the new channels:

• Bitcoin Futures
• Ether Futures
• Micro Bitcoin Futures
• Micro Ether Futures
• BTIC on Bitcoin Futures
• BTIC on Ether Futures
• BTIC on Micro Bitcoin Futures
• BTIC on Micro Ether Futures
• Options on Bitcoin Futures

Please review the client impact assessment for additional details.

These channels will be available for customer testing in New Release on Monday, March 21.

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Product Launches

Listing 20-Year U.S. Treasury Bond Futures - This Week

Effective this Sunday, March 6 (trade date Monday, March 7), pending completion of all regulatory review periods, 20-Year U.S. Treasury Bond futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

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.

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Listing 20-Year U.S. Treasury Bond Futures Spreads - This Week

Effective this Sunday, March 6 (trade date Monday, March 7), the following Implied Treasury spreads for the 20-Year U.S. Treasury Bond futures will be listed on CME Globex.

Please Note: CME Group may update the Treasury Inter-Commodity Spread ratios in early February. Updated ratios will be announced in future GCC notices.

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

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

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CBL Core Global Emissions Offset (C-GEO) Futures - This Week

Effective this Sunday, March 6 (trade date Monday, March 7), pending completion of all regulatory review periods, CBL Core Global Emissions Offset (C-GEO) futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

These CBL Core Global Emissions Offset (C-GEO) 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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UpdateUpdate - Listing Japan Crude Cocktail (Detailed) Futures Spreads - Postponed

† Denotes update to the article

†The listing of strips, calendar spreads, and an Inter-commodity spread on Japan Crude Cocktail (Detailed) futures on CME Globex previously scheduled for Sunday, March 13, has been postponed.

These spreads 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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NewNew - Options on Micro Bitcoin and Micro Ether Futures - March 27

Effective Sunday, March 27 (trade date Monday, March 28), pending completion of all regulatory review periods, Options on Micro Bitcoin and Micro Ether Futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

These options will be made available for customer testing in New Release on Monday, March 14.

Please Note: On Sunday, May 1, these cryptocurrency options will be migrated to a new dedicated cryptocurrency market data channel and market segment ID in Production and will be available for testing in New Release on Monday, April 11.

Please review the Cryptocurrency Market Data Channel Launch and Market Segment Updatefor additional details.

CME Group recommends all system providers use FIX tag-202 Strike Price in the Security Definition  (tag 35-MsgType=d) message to determine strike price.

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

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Eris BSBY Swap Futures - April 10

Effective Sunday, April 10 (trade date Monday, April 11), pending completion of all regulatory review periods, Eris BSBY Swap futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

These Eris BSBY Swap futures will be available for customer testing in New Release on Monday, March 28.

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

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Product Changes

NewNew - Delisting and Removal of Ethylene and Hardisty Crude Futures - This Week

On Monday, February 28 the following Ethylene and Hardisty Crude futures were delisted, and effective close of business Friday, March 4 these futures will be removed from CME Globex.

These futures currently have no open interest.

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NewNew - Suspension of Black Sea Sunflower Oil (Platts) Futures - This Week

On Tuesday, March 1, at the close of business, Black Sea Sunflower Oil (Platts) futures was temporarily suspended from trading on CME Globex and from submission for clearing via CME ClearPort.

These futures currently have no open interest.

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

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Renaming Iron Ore 62% Fe, CFR China Futures and Options  - This Week

Effective this Sunday, March 6 (trade date Monday, March 7), the Iron Ore 62% Fe, CFR China (TSI) futures and options will be renamed to Iron Ore 62% Fe, CFR China (Platts) futures and options.

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

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Listing Cycle Expansion for Select FX Options - This Week

Effective this Sunday, March 6 (trade date Monday, March 7), and pending all relevant CFTC regulatory review periods, please be advised that the Chicago Mercantile Exchange, Inc. (CME or EXCHANGE) will expand the listing of contract months for the following Options on British Pound Sterling/U.S. Dollar (GBP/USD) futures, options on Canadian Dollar/U.S. Dollar (CAD/USD) futures, options on Swiss Franc/U.S. Dollar (CHF/USD) futures and Options on Australian Dollar/U.S. Dollar (AUD/USD) futures on CME Globex.

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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Delisting the Micro Japanese Yen/U.S. Dollar (JPY/USD) Futures - March 15

As previously announced, no additional contract months of the Micro Japanese Yen/U.S. Dollar (JPY/USD) futures contract were listed on CME Globex. The last listed month of the contract is March 2022. The permanent delisting for the Micro JPY/USD futures contract will be Tuesday, March 15.

Please Note: The Micro USD/JPY (M6J) futures is available for trading.

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

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Events and Announcements

NewNew - Messaging Efficiency Program Micro Ether Notification - March 31

Beginning Thursday evening, March 31 (trade date April 1), Micro Ether Futures & Spreads will be subject to EMT thresholds.

CME Group recommends market participants make any necessary technical adjustments to EZ Product Group messaging in order to refrain from exceeding EMT Thresholds at either the Globex Firm ID or iLink Session ID levels. And to be mindful that Product Group EZ includes both the standard sized and Micro Ether Contracts.

As a reminder, the Excessive Messaging Threshold (EMT) is separate from the regular Messaging Program and thresholds are as follows:

• Any Globex Firm ID which exceeds a Raw Message Count of 10 million for a Globex trade date and a Volume Ratio >500:1 in a specific product group may be subject to a $10,000 surcharge as well as other escalations.
• Any iLink Session ID which exceeds a Raw Message Count of 1 million for a Globex trade date and a Volume Ratio >500:1 in a specific product group may be subject to a $10,000 surcharge as well as other escalations.

Please refer to the CME Globex Messaging Efficiency Program or contact the following with any questions:

• Global Command Center (GCC) at 1.800.438.8616.
• Global Account Management

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