Topics in this issue include:
For the latest roadmap of CME Group technology initiatives:
See the Development Launch Schedule.
Effective Sunday, July 24 (trade date Monday, July 25), CME Group will launch a new Simple Binary Encoding (SBE) schema on CME Benchmark Administration Premium channel ID 261. The new SBE incremental schema will be sent on:
Please review the Client Impact Assessment for additional details.
The new SBE schema is currently available for customer testing in New Release.
Effective Sunday, July 24 (trade date Monday, July 25), CME Group will launch CME Group Volatility Index (CVOL™), Live Streaming and migrate all current CVOL messaging to a new Simple Binary Encoding (SBE) template.
The CVOL indicator market data messages will be sent on:
Please review the Client Impact Assessment for additional details.
These changes are currently available for customer testing in New Release.
At a launch date to be announced, event-based options contracts will be listed for trading on CME Globex, pending completion of all regulatory review periods. Event-based contracts are daily-expiring, cash settled, European Style, options on futures contracts. Event-based contracts will provide access to some of our most recognized global products, including metals, energy, equities, and foreign currencies. Additionally, non-tradable underlying futures will be listed to support the new event-based options. Event-based contracts will be listed on a new MDP 3.0 channel (329 - Event-Based Contracts).
Please review the Client Impact Assessment for additional details.
The event-based contracts are currently available for customer testing in New Release.
These contracts are listed with, and subject to, the rules and regulations of CME, CBOT, COMEX, and NYMEX.
Effective this Sunday, June 12 (trade date Monday, June 13), and pending completion of all regulatory review periods, Canadian Western Red Spring Wheat FOB Vancouver Financially Settled (Platts) futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.
| Canadian Western Red Spring Wheat FOB Vancouver Financially Settled (Platts) Futures | |||
|---|---|---|---|
| Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
Market Data Channel |
| Canadian Western Red Spring Wheat FOB Vancouver Financially Settled (Platts) Futures | CWR | CR | 340 |
These Canadian Western Red Spring Wheat FOB Vancouver Financially Settled (Platts) futures are currently available for customer testing in New Release.
These contracts are listed with, and subject to, the rules and regulations of CBOT.
Effective Sunday, June 26 (trade date Monday, June 27), pending completion of all regulatory review periods, two new Micro Refined products will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.
| Micro Refined Products | |||
|---|---|---|---|
| Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
Market Data Channel |
| Micro NY Harbor ULSD Futures | MHO | CL | 382 |
| Micro RBOB Gasoline Futures | MRB | CL | 382 |
These new products will be available for customer testing in New Release on Monday, June 13.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
Effective Sunday, July 24 (trade date Monday, July 25), and pending final regulatory approval, inter-commodity spreads between Bursa Malaysia Derivatives (BMD)’s Crude Palm Oil vs BMD East Malaysia Crude Palm Oil futures will be made available for trading on CME Globex.
| BURSA MALAYSIA DERIVATIVES (BMD) CRUDE PALM OIL VS EAST MALAYSIA CRUDE PALM OIL INTER-COMMODITY FUTURES SPREADS | ||||
|---|---|---|---|---|
| Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
TAG 762-SECURITYSUBTYPE | Market Data Channel |
| Crude Palm Oil vs East Malaysia Crude Palm Oil Futures | FCPO-FEPO | BC | IS | 430 |
This change is currently available for customer testing in New Release.
These contracts are listed with, and subject to, the rules and regulations of BMD.
At a launch date to be announced, event-based options contracts will be listed for trading on CME Globex, pending completion of all regulatory review periods. Event-based contracts are daily-expiring, cash settled, European Style, options on futures contracts. Event-based contracts will provide access to some of our most recognized global products, including metals, energy, equities, and foreign currencies. Additionally, non-tradable underlying futures will be listed to support the new event-based options. Event-based contracts will be listed on a new MDP 3.0 channel (329 - Event-Based Contracts).
Please review the Client Impact Assessment for additional details.
The event-based contracts are currently available for customer testing in New Release.
These contracts are listed with, and subject to, the rules and regulations of CME, CBOT, COMEX, and NYMEX.
Effective this Sunday, June 12 (trade date Monday, June 13), Eurodollar and Mid Curve option quarterlies will be sunset, and no additional contracts expiring after June 16, 2023, will be listed.
Additionally, serial and weekly Eurodollar options expiring prior to the June 2023 expiration will continue to be listed per product listing rules.
Please Note: All currently listed expirations will remain listed and continue to trade.
| Sunsetting Eurodollar Options | |||
|---|---|---|---|
| Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
LISTING RULE |
| Options on Three-Month Eurodollar Futures | GE | GE | 16 quarterlies and 4 serials |
| One-Year Mid-Curve Eurodollar Options | GE0 | E0 | 5 quarterlies and 4 serials |
| Two-Year Mid-Curve Eurodollar Options | GE2 | E2 | |
| Three-Year Mid-Curve Eurodollar Options | GE3 | E3 | |
| Four-Year Mid-Curve Eurodollar Options | GE4 | E4 | |
| Five-Year Mid-Curve Eurodollar Options | GE5 | E5 | |
| Weekly One-Year Mid-Curve Eurodollar Options - Week 1 | E01 | E2 | 2 weeklies |
| Weekly One-Year Mid-Curve Eurodollar Options - Week 2 | E02 | E1 | |
| Weekly One-Year Mid-Curve Eurodollar Options - Week 3 | E03 | E0 | |
| Weekly One-Year Mid-Curve Eurodollar Options - Week 4 | E04 | ||
| Weekly One-Year Mid-Curve Eurodollar Options - Week 5 | E05 | ||
| Weekly Two-Year Mid-Curve Eurodollar Options - Week 1 | E21 | E2 | |
| Weekly Two-Year Mid-Curve Eurodollar Options - Week 2 | E22 | ||
| Weekly Two-Year Mid-Curve Eurodollar Options - Week 3 | E23 | ||
| Weekly Two-Year Mid-Curve Eurodollar Options - Week 4 | E24 | ||
| Weekly Two-Year Mid-Curve Eurodollar Options - Week 5 | E25 | ||
| Weekly Three-Year Mid-Curve Eurodollar Options - Week 1 | E31 | E3 | |
| Weekly Three-Year Mid-Curve Eurodollar Options - Week 2 | E32 | E4 | |
| Weekly Three-Year Mid-Curve Eurodollar Options - Week 3 | E33 | E5 | |
| Weekly Three-Year Mid-Curve Eurodollar Options - Week 4 | E34 | E6 | |
| Weekly Three-Year Mid-Curve Eurodollar Options - Week 5 | E35 | E7 | |
| Eurodollar Calendar Spread Options | SPO | 8I | 4 1-year calendar spreads |
| Three-Month Mid-Curve Eurodollar Options | TE2 | G3 | 1 month of Mar, Jun, Sep, Dec. 2 month of Jan, Feb, Apr, May, Jul, Aug, Oct, Nov |
| Six-Month Mid-Curve Eurodollar Options | TE3 | G6 | |
| Nine-Month Mid-Curve Eurodollar Options | TE4 | G4 | |
Effective this Sunday, June 12 (trade date Monday, June 13), the lead month roll procedure for E-mini S&P 500 and Micro E-mini S&P 500 futures will be amended on CME Globex as follows:
| Changes to Lead Month Roll Procedure for E-mini S&P 500 and Micro E-mini S&P 500 Futures | ||||
|---|---|---|---|---|
| Product Name | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
Current Lead Month Roll Procedure |
New Lead Month Roll Procedure |
| E-mini Standard & Poor’s 500 Stock Price Index Futures | ES |
ES | Lead month rolls quarterly effective on the Thursday one week prior to expiration | Lead month rolls quarterly effective on the Monday of the week of expiration |
| Micro E-mini Standard & Poor’s 500 Stock Price Index Futures | MES |
EO | ||
Please Note: This change will be implemented for the June 2022 roll, making the March 2022 contracts the final roll using the existing procedure.
For example, the June 2022 quarterly contracts expire on Friday, June 17, 2022. Prior to the June quarterly contract expiration, the lead month will switch from the June contract to the September contract on Sunday, June 12, 2022, for trade date Monday, June 13, 2022, as opposed to Thursday, June 9, 2022, under the existing procedure.
This change will reflect the current observed trading patterns around roll dates and align the lead month roll for the contracts with the balance of the Exchange’s U.S. Equity Products.
Effective this Sunday, June 12 (trade date Monday, June 13), the listing cycle for the following Crude Oil TAS and Brent Crude Oil TAS will be expanded on CME Globex.
| Listing Cycle Expansion for Crude Oil TAS and Brent Crude Oil TAS | ||||
|---|---|---|---|---|
| Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
Current Listing Schedule |
New Listing Schedule |
| Crude Oil TAS | CLT |
CT | TAS spreads, all combinations, for 6 months | TAS spreads, all combinations, for 6 months and additional Jun-Dec & Dec-Jun spreads |
| Brent Crude Oil TAS | BZT |
CT | TAS eligibility for 6 months and the next Dec | TAS eligibility for 12 months and the next December |
These products are currently available for customer testing in New Release.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
Effective this Sunday, June 12 (trade date Monday, June 13), the Bursa Malaysia Crude Palm Oil - Gasoil Spread futures will be renamed to USD Malaysian Crude Palm Oil – European Low Sulphur Gasoil Spread futures.
| Renaming Bursa Malaysia Crude Palm Oil - Gasoil Spread Futures | ||||
|---|---|---|---|---|
| Current Product Name | New Product Name | iLink: tag 1151-Security Group MDP 3.0: tag 6937-Asset |
iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
|
| Bursa Malaysia Crude Palm Oil - Gasoil Spread Futures | USD Malaysian Crude Palm Oil – European Low Sulphur Gasoil Spread Futures |
POG | UC | |
These contracts are listed with, and subject to, the rules and regulations of CME.
Effective Sunday, June 26 (trade date Monday, June 27), the listing cycle for the following Crypto futures and BTICs will be expanded on CME Globex.
| Listing Cycle Expansion for Crypto 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 |
| Bitcoin Futures | BTC |
BF | Monthly contracts listed for 6 consecutive months and 2 additional December contract months. If the 6 consecutive months includes December, list only 1 additional December contract month. | Monthly contracts listed for 6 consecutive months, 4 additional quarterly contracts, plus a second December, if not already listed. |
| BTIC on Bitcoin Futures | BTB |
BX | ||
| Ether Futures | ETH |
EZ | ||
| BTIC on Ether Futures | ETB |
RJ | ||
| Micro Bitcoin Futures | MBT |
BF | ||
| BTIC on Micro Bitcoin Futures | MIB |
BX | ||
| BTIC on Bitcoin Futures | MET |
EZ | ||
| BTIC on Micro Ether Futures | EMB |
RJ | ||
These futures will be available for customer testing in New Release on Monday, June 13.
These contracts are listed with, and subject to, the rules and regulations of CME.
Effective Sunday, June 26 (trade date Monday, June 27), the contract and strike price listing rules will be changed for various Crypto options.
| Listing Cycle Extension and Change to Strike Price for Crypto 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 |
Current and New Strike Price Rules |
| Options on Bitcoin Futures | BTC | B2 | Monthly contracts listed for 6 consecutive months and 2 additional Dec contract months. If the 6 consecutive months includes Dec, list only 1 additional Dec contract month. | Monthly contracts listed for 6 consecutive months, 4 additional quarterly contracts, plus a second December, if not already listed. | Please see Special Executive Report for current and new strike price listing rules. |
| Monthly Options on Micro Bitcoin Futures | WM |
B1 | 2 monthlies | Monthly contracts listed for 6 consecutive months, 4 additional quarterly contracts, plus a second December, if not already listed. | |
| Monday Weekly Options on Micro Bitcoin Futures | W1A-W5A |
B1 | 1 weekly | Unchanged | |
| Wednesday Weekly Options on Micro Bitcoin Futures | W1C-W5C |
B1 | 1 weekly | Unchanged | |
| Friday Weekly Options on Micro Bitcoin Futures | W1E-W4E |
B1 | 1 weekly | Unchanged | |
| Monthly Options on Micro Ether Futures | VM |
T5 | 2 monthlies | Monthly contracts listed for 6 consecutive months, 4 additional quarterly contracts, plus a second December, if not already listed. | |
| Monday Weekly Options on Micro Ether Futures | V1A-V5A |
T5 | 1 weekly | Unchanged | |
| Wednesday Weekly Options on Micro Ether Futures | V1C-V5C |
T5 | 1 weekly | Unchanged | |
| Friday Weekly Options on Micro Ether Futures | V1E-V4E |
T5 | 1 weekly | Unchanged | |
These options will be available for customer testing in New Release on Monday, June 13.
These contracts are listed with, and subject to, the rules and regulations of CME.