• CME Globex Notices: June 13, 2022

      • To
      • CME Globex and Market Data Customers
      • From
      • Global Market Solutions & Services (GMSS)
      • #
      • 20220613
      • Notice Date
      • 16 June 2022
    • For the latest roadmap of CME Group technology initiatives:
      See the Development Launch Schedule.

      Critical System Updates

      CME Benchmark Administration Premium SBE Schema Update - July 24

      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.

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      CVOL Live Streaming Launch and SBE Template Migration - July 24

      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.

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      NewNew - iLink 3 SBE Schema Update - August 28

      To support the upcoming CME Globex enhancements, the iLink 3 SBE schema will be updated to version 8 starting Sunday, August 28. More information regarding these enhancements will be published in the future CME Globex Notices. The overview of iLink 3 schema updates is now available. 

      In order to ease customer development efforts, the new SBE schema files will support Template Extension for iLink 3 messages sent from client systems to CME Globex until the end of day FridayNovember 18. Client systems can send iLink 3 messages using schema version 7 or 8; however CME Globex will only send messages using schema version 8.

      Futures and Options on Futures - Production Rollout

      DATE MESSAGES FROM CLIENT MESSAGES FROM CME GLOBEX

      Currently

      V7

      V7

      August 28 through October 2: Phased launch

      V7 or V8 for market segments that support V8

      V8 for market segments that support 8

      October 2

      V7 or V8 for all segments

      V8 only

      November 20

      V8 only

      V8 only

      Effective Sunday, November 20, version 8 schema will be the only version supported in production. Client systems can only send version 8 messages.

      The new version 8 schema will be available in New Release for customer testing starting on Tuesday, July 5.

      To support the new iLink 3 schema rollout the CME SFTP site will be updated as follows:

      NEW RELEASE: /MSGW/PRODUCTION/TEMPLATES
      SCHEMA VERSION CURRENT STATE July 5
      V7 ilinkbinary.xml iLinkbinary_v7.xml

      V8

      n/a ilinkbinary.xml
      PRODUCTION: /MSGW/PRODUCTION/TEMPLATES
      SCHEMA VERSION CURRENT STATE August 28
      V7 ilinkbinary.xml iLinkbinary_v7.xml
      V8 n/a ilinkbinary.xml

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      Event-Based Contracts

      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.

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      Product Launches

      Micro Refined Products - June 26

      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 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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      Bursa Malaysia Derivatives (BMD) Crude Palm Oil vs East Malaysia Crude Palm Oil Inter-Commodity Futures Spreads - July 24

      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.

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      Event-Based Contracts

      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.

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      Product Changes

      Listing Cycle Expansion for Crypto Futures - June 26

      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 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 Extension and Change to Strike Price for Crypto Options - June 26

      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 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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      NewNew - Implementation of Dynamic Circuit Breaker Functionality for Select NYMEX Contracts - July 10

      Effective Sunday, July 10 (trade date Monday, July 11), dynamic circuit breaker functionality will be implemented for select NYMEX contracts.

      The dynamic circuit breaker settings for all CME Globex products are defined in the CME Globex Product Reference.

      Implementation of Dynamic Circuit Breaker Functionality for Select NYMEX Contracts
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      NEW DYNAMICALLY CALCULATED VARIANT
      CBL Global Emissions Offset Futures GEO VX 10% of Dynamically Calculated Reference Price
      CBL Nature-Based Global Emissions Offset Futures NGO VX

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

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      NewNew - Listing Cycle Expansion for E-mini S&P 500 Tuesday and Thursday Weekly Options - July 17

      Effective Sunday, July 17 (trade date Monday, July 18), the listing cycle for the following E-mini S&P 500 options will be expanded on CME Globex.

      Listing Cycle Expansion for E-mini S&P 500 Tuesday and Thursday 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 Tuesday Weekly Options - Week 1-5 E1B-E5B EW One Weekly Tuesday Option Two Weekly Tuesday Options
      E-mini S&P 500 Thursday Weekly Options - Week 1-5 E1D-E5D

       

      EW One Weekly Thursday Option Two Weekly Thursday Options

      This change will be available for customer testing in New Release on Monday, July 11.

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

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