CME Globex Notices: November 28, 2022

For the latest roadmap of CME Group technology initiatives:
See the Development Launch Schedule.

Critical Updates

Update to Request for Quote Functionality (RFQ)  - January 22

Starting Sunday, January 22 (trade date Monday, January 23), CME Globex will update the RFQ tag formats for MDP3.0 tag 131-QuoteReqID, and iLink 2 and iLink 3 tag 9770-ExchangeQuoteRefId, to contain only numeric string values. The data types for these tags will not change. This notice is informational only. Clients should not parse these tags for reference information.

New Release and Production release dates are outlined below.

Market Segment ID	Description	MDP Channel(s)	New Release Launch	Production Launch
68	CME Equity Futures II; CBOT Equity Futures	318 - CME Globex Equity Futures excluding ES	Available	Sunday, January 22
		342 - CBOT Globex Equity Index Futures
76	NYMEX Metals, Softs and Alternative Markets Futures; COMEX Futures	384 - NYMEX Globex Metals, Softs & Alternative Markets Futures	Available	Sunday, January 22
		360 - COMEX Globex Futures
50	CME Interest Rate Options	313 - CME Globex Interest Rate Options	Available	Sunday, January 22
56	NYMEX Emissions Options; NYMEX Energy, Metals, Softs and Alternative Markets Options; COMEX Options; DME Options	441 - DME Globex Options	Available	Sunday, February 5
		383 - NYMEX Globex Crude & Crude Refined Options
		387 - NYMEX Globex Nat Gas & other Non-Crude Energy Options
		385 - NYMEX Globex Metals, Softs & Alternative Markets Options
		361 - COMEX Globex Options
58	CBOT Interest Rate Options	345 - CBOT Globex Interest Rate Options	Available	Sunday, February 5
52	CME FX Futures and Options II	320 - CME Globex FX Futures II	Available	Sunday, February 5
		321 - CME Globex FX Options II
54	CME Equity Options - S&P Options	311 - CME Globex Equity Options (ES)	Available	Sunday, February 5
		323 - CME Globex Equity Options - Micro E-mini
72	CBOT and CME Equity Options; excluding S&P	319 - CME Globex Equity Options excluding ES	Available	Sunday, February 5
		343 - CBOT Globex Equity Index Options
88	CME FX Futures and Options	314 - CME Globex FX Futures	Available	Sunday, February 5
		315 -CME Globex FX Options
74	CME Crypto Futures and Options; Event Contracts	310 - ES Synthetic Future	Monday, December 5	Sunday, February 12
		318 - E-mini Nasdaq and E-mini Russel Synthetic Future
		320- Euro/USD Synthetic Future
		329 - Event Contracts
		342 - E-mini DJIA Synthetic Future
		360 - COMEX Synthetic Futures
		382 - NYMEX Synthetic Futures
		326- CME Crypto Futures
		327 - CME Crypto Options
64	CME Equity Futures - E-mini S&P	310 - CME Globex Equity Futures (ES)	Monday, December 5	Sunday, February 12
78	NYMEX Emissions and Non-Crude Energy Futures	380 - NYMEX Globex Emissions Futures	Monday, December 5	Sunday, February 12
		386 - NYMEX Globex Nat Gas & other Non-Crude Energy Futures
80	DME Futures; NYMEX Crude and Crude Refined Energy Futures	440 - DME Globex Futures	Monday, December 5	Sunday, February 12
		382 - NYMEX Globex Crude & Crude Refined Futures
82	CME and CBOT Interest Rate Futures	312 - CME Globex Interest Rate Futures	Monday, December 5	Sunday, February 12
		348 - CBOT Interest Rate Futures II
84	CBOT Interest Rate Futures	344 - CBOT Globex Interest Rate Futures	Monday, December 5	Sunday, February 12
70	CME, CBOT and MGEX Commodity Futures	316 - CME Globex Commodity Futures	Monday, December 5	Sunday, February 12
		340 - CBOT Globex Commodity Futures
		460 - MGEX Globex Futures
60	CME, CBOT and MGEX Commodity Options Bursa Malaysia Futures and Options	431 - BMD Globex Options	Monday, December 5	Sunday, February 12
		317 - CME Globex Commodity Options
		341 - CBOT Globex Commodity Options
		430 - BMD Globex Futures
		461 - MGEX Globex Options

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iLink 3 Cancel On Behalf Functionality - February 12

Starting Sunday, February 12, 2023 (trade date Monday, February 13), CME Group will launch a new Cancel On Behalf functionality that allows iLink 3 sessions to cancel orders and quotes from different iLink 3 sessions under the same CME Globex Firm ID (GFID). This functionality will be enabled for all CME Group futures and options on futures on CME Globex. It is only available on iLink 3 sessions using the schema version 8. Cancel On Behalf is not allowed on iLink2 orders and quotes.

In addition to the new Cancel On Behalf functionality, CME Group will allow client systems to block future mass quotes submissions from a different iLink 3 session under the same GFID via Quote Cancel (tag 35-MsgType=Z) message using a new tag 9182-QuoteEntryOpen = 0.  The original session will have the ability to remove this block by submitting a Mass Quote (tag 35-MsgType=i) message with tag 9182-QuoteEntryOpen = 1.

Please review the Client Impact Assessment for full technical details and launch schedule.

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

Certification in AutoCert+ is required to utilize the new Cancel On Behalf functionality. The new AutoCert+ test suite is currently available for customer certification.

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Product Launches

Tuesday and Thursday Weekly G5 Options - This Week

Effective this Sunday, December 4 (trade date Monday, December 5), pending completion of all regulatory review periods, Tuesday and Thursday Weekly G5 options will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

Tuesday and Thursday Weekly G5 Options
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Market Data Channel
GBP/USD Weekly Tuesday Options	TG1-TG5	YB	321
CAD/USD Weekly Tuesday Options	TL1-TL5	CD	321
JPY/USD Weekly Tuesday Options	TJ1-TJ5	QJ	321
AUD/USD Weekly Tuesday Options	TA1-TA5	XA	321
EUR/USD Weekly Tuesday Options	TU1-TU5	XE	321
GBP/USD Weekly Thursday Options	SB1-SB5	YB	321
CAD/USD Weekly Thursday Options	SD1-SD5	CD	321
JPY/USD Weekly Thursday Options	SJ1-SJ5	QJ	321
AUD/USD Weekly Thursday Options	SA1-SA5	XA	321
EUR/USD Weekly Thursday Options	SU1-SU5	XE	321

These Tuesday and Thursday Weekly G5 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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European Repo Funds Rate Futures - This Week

Effective this Sunday, December 4 (trade date Monday, December 5), pending completion of all regulatory review periods, European Repo Funds Rate futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

EUROPEAN REPO FUNDS RATE FUTURES
PRODUCT	MDP 3.0: TAG 6937-ASSET	ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP	MARKET DATA CHANNEL
Repo Funds Rate (Germany) Futures	RFD	G1	312
Repo Funds Rate (Germany) - Three-Month Single Contract Basis Spread Futures	RSD	G5	312
Repo Funds Rate (Italy) Futures	RFI	I1	312
Repo Funds Rate (Italy) - Three-Month Single Contract Basis Spread Futures	RSI	I2	312

The implied functionality will be enabled for the following Repo Fund rate futures spreads:

• Repo Funds Rate (Germany) Futures vs. Euro Short-Term Rate (ESTR) Futures (RFD-ESR)
• Repo Funds Rate (Italy) Futures vs. Euro Short-Term Rate (ESTR) Futures (RFI-ESR)

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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Bursa Malaysia Derivatives (BMD)’s FTSE4Good Bursa Malaysia Index Futures Contract - December 11

Effective Sunday, December 11 (trade date Monday, December 12), subject to receipt of regulatory approval prior to such date, Bursa Malaysia Derivatives (BMD)’s FTSE4Good Bursa Malaysia Index futures contract and spreads will be made available for trading on CME Globex.

Bursa Malaysia Derivatives (BMD)’s FTSE4Good Bursa Malaysia Index Futures Contract
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Market Data Channel
FTSE4Good Bursa Malaysia Index Futures Contract	F4GM	BE	430

These futures and spreads are 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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UpdateUpdate - Listing LNG North West Europe Marker Strips and Spreads - December 11

† Denotes update to the article

Effective Sunday, December 11 (trade date Monday, December 12), the following spreads will be listed for 24 months for the LNG North West Europe Marker futures on CME Globex.

Listing LNG North West Europe Marker Strips and Spreads
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Tag 762- SecuritySubType
LNG North West Europe Marker (Platts) Futures	NWM	GU	SP (Standard Calendar Spread) SA (Strip) SB (Balanced Strip Spread)

† Please note: Implied functionality will be enabled for calendar spreads tag 762- SecuritySubType=SP for all 24 calendar months.

Implied eligible instruments, are identified in the MDP 3.0 Security Definition (tag 35-MsgType=d), in repeating group tag 871-InstAttribType:

• tag 872-InstAttribValue= 19: Implied Matching Eligibility

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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Listing New 30-Year Uniform Mortgage-Backed Security (UMBS) To-Be-Announced (TBA) Futures Coupons - December 11

Effective Sunday, December 11 (trade date Monday, December 12), pending completion of all regulatory review periods, 5.5% and 6.0% 30-Year Uniform Mortgage-Backed Security (UMBS) To-Be-Announced (TBA) futures coupons will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

Listing New 30-Year Uniform Mortgage-Backed Security (UMBS) To-Be-Announced (TBA) Futures Coupons
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Market Data Channel
30-Year UMBS TBA Futures - 5.5% Coupon	55U	BM	344
30-Year UMBS TBA Futures - 6.0% Coupon	60U	BM	344

These futures will be available for customer testing in New Release on Monday, December 5.

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

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NewNew - Additional CME CF Benchmark Products – Decentralized Finance (DeFi) Pricing Data - December 19

Starting Monday, December 19, shortly after 10 a.m. London Time, pending completion of all regulatory review periods, CME Group and CF Benchmarks will launch additional cryptocurrency benchmarks designed to provide clients with transparent, robust, reliable reference rates and real-time pricing in the growing Decentralized Finance (DeFi) space.

The pricing data will be disseminated via the streamlined CME CF Cryptocurrency Pricing Market Data feed on channel 213 and through CME DataMine.

The feed will publish the following:

• Standardized reference rates (in US dollars), published shortly after 4 p.m. London Time each day, including weekends and bank holidays
• Real-time index pricing data (in US dollars), published approximately once every second

Reference Rate and Real Time Index	Ticker
CME CF Aave – Dollar Reference Rate	AAVEUSD_RR
CME CF Aave – Dollar Real Time Index	AAVEUSD_RTI
CME CF Curve – Dollar Reference Rate	CRVUSD_RR
CME CF Curve – Dollar Real Time Index	CRVUSD_RTI
CME CF Synthetix – Dollar Reference Rate	SNXUSD_RR
CME CF Synthetix – Dollar Real Time Index	SNXUSD_RTI

The additional cryptocurrency pricing data will be available for testing in New Release on Monday, December 5.

Certification is not required.

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NewNew - BTIC and BTIC+ on EUR/USD Futures - February 5

Effective Sunday, February 5, 2023 (trade date Monday, February 6), pending completion of all regulatory review periods BTIC and BTIC+ on EUR/USD futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

BTIC and BTIC + on EUR/USD Futures
PRODUCT	MDP 3.0: TAG 6937-ASSET	ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP	MARKET DATA CHANNEL
BTIC on EUR/USD Futures	6EB	6D	314
BTIC on EUR/USD Futures Marker (Non-Tradable)	6ET	N/A	N/A
Nearby BTIC+ on EUR/USD Futures	6EP	6X	314

 

Please Note: Participants would execute a basis trade between the official WM/Refinitive 16:00 London time FX spot closing rate and a CME FX futures contract to hedge and manage their fixing risk more precisely.

These products will be available for customer testing in New Release on Monday, December 19.

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

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Product Changes

NewNew - Enable Implied Functionality for Euro Short-Term Rate (ESTR) Futures - This Week

This Sunday, December 4 (trade date Monday, December 5), the implied functionality for Euro Short-Term Rate (ESTR) futures vs. Three-Month SOFR (SR3) futures (ESR-SR3) will be enabled.

Implied eligible instruments, are identified in the MDP 3.0 Security Definition (tag 35-MsgType=d), in repeating group tag 871-InstAttribType:

• tag 872-InstAttribValue= 19: Implied Matching Eligibility

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.

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Enable Dynamic Strikes for CME FX Premium Quoted Monthly and Weekly Options - This Week

Effective this  Sunday, December 4 (trade date Monday, December 5), all CME FX Premium Quoted Monthly and Weekly options will be dynamic strike eligible on CME Globex.

Enable Dynamic Strikes for CME FX Premium Quoted Monthly and Weekly Options
PRODUCT	MDP 3.0: TAG 6937-ASSET	ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP
AUD/USD Monthly Options	ADU	XA
AUD/USD Weekly Monday Options	MA1 - MA5
AUD/USD Weekly Tuesday Options	TA1-TA5
AUD/USD Weekly Wednesday Options	WA1 – WA5
AUD/USD Weekly Thursday Options	SA1 - SA5
AUD/USD Weekly Friday Options	1AD – 5AD
GBP/USD Monthly Options	GBU	YB
GBP/USD Weekly Monday Options	MB1 - MB5
GBP/USD Weekly Tuesday Options	TG1 - TG5
GBP/USD Weekly Wednesday Options	WG1 - WG5
GBP/USD Weekly Thursday Options	SB1 - SB5
GBP/USD Weekly Friday Options	1BP - 5BP
CAD/USD Monthly Options	CAU	CD
CAD/USD Weekly Monday Options	MD1 - MD5
CAD/USD Weekly Tuesday Options	TL1 - TL5
CAD/USD Weekly Wednesday Options	WD1 - WD5
CAD/USD Weekly Thursday Options	SD1 - SD5
CAD/USD Weekly Friday Options	1CD - 5CD
JPY/USD Monthly Options	JPU	QJ
JPY/USD Weekly Monday Options	MJ1-MJ5
JPY/USD Weekly Tuesday Options	TJ1-TJ5
JPY/USD Weekly Wednesday Options	WJ1-WJ5
JPY/USD Weekly Thursday Options	SJ1-SJ5
JPY/USD Weekly Friday Options	1JY-5JY
CHF/USD Monthly Options	CHU	YS
CHF/USD Weekly Friday Options	1SF-5SF
EUR/USD Monthly Options	EUU	XE
EUR/USD Weekly Monday Options	MO1-MO5
EUR/USD Weekly Tuesday Options	TU1-TU5
EUR/USD Weekly Wednesday Options	WE1-WE5
EUR/USD Weekly Thursday Options	SU1-SU5
EUR/USD Weekly Friday Options	1EU-5EU

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

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

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Increase to Maximum Order Quantity for CME and CBOT Agricultural Options - This Week

Effective this  Sunday, December 4 (trade date Monday, December 5), the maximum order quantity, tag 1140-MaxTradeVol, in the Security Definition (tag 35=d) message will be increased for the following CME and CBOT Agricultural calendar spread options (CSOs) and Short Dated options

Increase of Maximum Order Quantity for CME & CBOT Agricultural Options
PRODUCT	MDP 3.0: TAG 6937-ASSET	TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP	CURRENT TAG 1140-MAXTRADEVOL	NEW TAG 1140-MAXTRADEVOL
Short-Dated New Crop Corn Options	OCD	OC	1500	3000
Short-Dated New Crop Soybean Options	OSD	SQ
Short Dated New Crop Chicago SRW Wheat Options	OWD	OW
Short-Dated New Crop KC HRW Wheat Options	KWE	OK
Short-Dated New Crop Soybean Meal Options	OMD	ML
Short-Dated New Crop Soybean Oil Options	OLD	0O
Consecutive Corn CSO	CZC	Y1
Corn Mar-Jul CSO	CZ7	Y1
Corn July-Dec CSO	CZ6	Y1
Corn Dec-July CSO	CZ8	Y1
Consecutive Soybean CSO	CZS	Q1
Soybean Nov-July CSO	SZ9	Q1
Consecutive Chicago SRW Wheat CSO	CZW	W1
Soybean July-Nov CSO	SZ5	Q1
Consecutive Soybean Oil CSO	CZL	Q1
KC HRW Dec-Jul CSO	KC6	K3
Chicago SRW Wheat Mar-Jul CSO	WC3	W1
Soybean Meal Dec-Jul CSO	MC3	M1
Soybean Meal July-Dec CSO	MC6	M1
Soybean Jan-May CSO	SZK	Q1
Chicago SRW Wheat Dec-Dec CSO	CWZ	W1
Soybean Oil Aug-Dec CSO	NC4	X1
Soybean Mar-Nov CSO	SZ0	Q1
KC HRW Jul-Jul CSO	12K	K3
KC HRW Dec-Dec CSO	CKZ	K3
Corn Mar-Dec CSO	CZ9	Y1
Soybean Aug-Nov CSO	SZ4	Q1
Soybean Oil Dec-Jul CSO	NC3	X1
Soybean Meal Aug-Dec CSO	MC4	M1
Chicago SRW Wheat July-July CSO	12W	W1
Soybean Jul-Jul CSO	SZ1	Q1
Soybean Nov-Mar CSO	SZ3	Q1
Soybean Oil July-Dec CSO	OC6	Q1
Soybean Meal Sep-Dec CSO	MC5	Q1
Consecutive KC HRW CSO	KZC	K3
KC HRW Jul-Dec CSO	KCR	K3
Chicago SRW Wheat Dec-July CSO	WC6	W1
Consecutive Soybean Meal CSO	CZM	M1
Corn Dec-Dec CSO	12C	Y1
Chicago SRW Wheat July-Dec CSO	WCM	W1
Soybean Nov-Nov CSO	12S	Q1
Soybean May-Nov CSO	SC7	Q1
Soybean Jan-Mar CSO	SZ8
Soybean Oil Sep-Dec CSO	NC5	X1
KC HRW Mar-Jul CSO	CK3	K3
3rd contract back Live Cattle CSO	L0C	L2	500	3000
2nd contract back Live Cattle CSO	L0B	L2	500	3000
1st contract back Live Cattle CSO	L0A	L2	500	3000

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

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Decrease in Maximum Order Quantity Soybean Mar-Jul Calendar Spread Options: Resting Orders Eliminations - This Week

Effective this Sunday, December 4 (trade date Monday, December 5), the maximum order quantity, tag 1140-MaxTradeVol, in the Security Definition (tag 35=d) message will be decreased for the Soybean Mar-Jul calendar spread options (CSO) as follows:

To facilitate this change, customers will be asked to cancel all Good ‘Till Cancel (GTC) and Good ‘Till Date (GTD) orders for existing Soybean Mar-Jul calendar spread options, by the close on Friday, December 2. After 16:00 CT on Friday, December 2, any remaining GT orders on these markets will be removed by the CME Global Command Center (GCC).

Decrease in Maximum Order Quantity Soybean Mar-Jul Calendar Spread Options
PRODUCT	MDP 3.0: TAG 6937-ASSET	TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP	CURRENT TAG 1140-MAXTRADEVOL	NEW TAG 1140-MAXTRADEVOL
Soybean Mar-Jul CSO	SZH	Q1	9999	3000

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

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Listing Cycle Expansion for Cobalt Metal (Fastmarkets) Futures - This Week

Effective this Sunday, December 4 (trade date Monday, December 5), the listing cycle for the following Cobalt Metal (Fastmarkets) futures will be expanded on CME Globex.

Listing Cycle Expansion for Cobalt Metal (Fastmarkets) 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
Cobalt Metal (Fastmarkets) Futures	COB	CA	Monthly expiries for the current year + 3 years	Monthly expiries for the current year + 4 years

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

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

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Change to Bursa Malaysia Derivatives (BMD) Extended Night Trading Session - This Week

Effective this Sunday, December 4 (trade date Monday, December 5), and pending final regulatory approval, Bursa Malaysia Derivatives (BMD) will extend its night trading session for selected products on CME Globex. Due to the time difference between Malaysian Time and Central Time, the extended night trading session activities will begin the business day prior to actual trade date in Malaysian time. The new extended night trading session will be open for trading Monday - Thursday.

There will be no Friday night trading session. There is no impact to the current Monday - Friday day trading sessions.

New Extended Night Trading Session
Current Monday - Thursday Night Trading Session	New Monday - Thursday Night Trading Session
21:00:00 hours to 23:30:00 hours (Malaysia time)	21:00:00 hours to 02:30:00 hours (Malaysia time)

 

Selected Products for Extended Night Trading Session
PRODUCT	MDP 3.0: TAG 6937-ASSET	ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP
FTSE  Kuala Lumpur Composite Index Futures	FKLI	BE
Gold Futures	FGLD	BG
MINI FTSE BURSE MALAYSIA MID 70 IDX	FM70	BS
FTSE Kuala Lumpur Composite Index Options	OKLI	BO (UDS: BU)
BMD Tin Futures	FTIN	BN
3 Month Kuala Lumpur Interbank Offered Rate Futures	FKB3	BT

This change is now 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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Change to Minimum Price Increment for Select FX Futures - December 11

Effective Sunday, December 11 (trade date Monday, December 12), pending the completion of all regulatory review periods, tag 969-MinimumPriceIncrement for consecutive Calendar Month CME FX futures will change for the following spreads.

CHANGE TO MINIMUM PRICE INCREMENT FOR SELECT FX FUTURES
PRODUCT	MDP 3.0: TAG 6937-ASSET	ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP	CURRENT 969 - MINPRICEINCREMENT	NEW 969 - MINPRICEINCREMENT	TAG 762- SECURITYSUBTYPE
British Pound Sterling/U.S. Dollar (GBP/USD) Futures	6B	6B	0.100000000	0.500000000	SD (Calendar Spread)
Canadian Dollar/U.S. Dollar (CAD/USD) Futures	6C	6C	0.100000000	0.200000000
Japanese Yen/U.S. Dollar (JPY/USD) Futures	6J	6J	0.100000000	0.200000000
Australian Dollar/U.S. Dollar (AUD/USD) Futures	6A	6A	0.100000000	0.200000000
Euro/U.S. Dollar (EUR/USD) Futures	6E	6E	0.100000000	0.200000000
Euro/British Pound Sterling (EUR/GBP) Cross Rate Futures	RP	FB	1.000000000	2.500000000

Please note: Quarterly expiries will not be impacted by this change.

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.

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Enable and Expand Implied Functionality for Argus Crude Futures - December 11

Effective Sunday, December 11 (trade date Monday, December 12), the implied functionality for the following Crude Oil futures and spreads will be enabled with the following contract listing rule.

Enable Implied Functionality for Argus Crude Futures
PRODUCT	MDP 3.0: TAG 6937-ASSET	ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP	implication Listing rule
Argus LLS vs. WTI (Argus) Trade Month Futures	AE5	CC	Monthlies for 6 years
WTI Midland (Argus) vs. WTI Financial Futures	AFF	CC	Monthlies for 6 years
WTI Houston (Argus) vs. WTI Financial Futures	HIL	CC	Monthlies for 4 years
WTI Houston (Argus) vs. WTI Trade Month Futures	HTT	CC	Monthlies for 4 years
WTI Midland (Argus) vs. WTI Trade Month Futures	WTT	CC	Monthlies for 6 years
Mars (Argus) vs. WTI Trade Month Futures	AYV	CC	Monthlies for 6 years

The implication listing schedule will be expanded for Japan Crude Cocktail (Detailed) futures as follows:

EXTENDING IMPLIED FUNCTIONALITY FOR Japan Crude Cocktail (Detailed) 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
Japan Crude Cocktail (Detailed) Futures	JCC	CC	Nearest 24 consecutive contract months	Monthlies for 5 years

These changes will be available for customer testing in New Release on Monday, December 5.

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

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NewNew - Changes to SOFR Futures and Options - January 8

Effective Sunday, January 8 (trade date Monday, January 9), the following changes will be made to SOFR futures and options:

• Three Month SOFR futures (tag 6937-Asset=SR3) will have a maximum display ratio of 1:60
• Disable Displayed Quantity functionality in tag 210-MaxShow(iLink 2) or tag 1138-DisplayQty(iLink 3) of the New Order or Cancel/Replace Request (tag 35-MsgType=G)  messages for SOFR options.

Changes to SOFR Futures and Options
PRODUCT	MDP 3.0: TAG 6937-ASSET	TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP
One-Year Mid-Curve Options on Three-Month SOFR Futures	S0 (“S ZERO”)	J1
Weekly One-Year Mid-Curve Options on Three-Month SOFR Futures	S01, S02, S03, S04, S05 (“S ZERO 1” ...)	J1
Two-Year Mid-Curve Options on Three-Month SOFR Futures	S2	J2
Weekly Two-Year Mid-Curve Options on Three-Month SOFR Futures	S21, S22, S23, S24, S25	J2
Three-Year Mid-Curve Options on Three-Month SOFR Futures	S3	J3
Weekly Three-Year Mid-Curve Options on Three-Month SOFR Futures	S31, S32, S33, S34, S35	J3
Four-Year Mid-Curve Options on Three-Month SOFR Futures	S4	J4
Five-Year Mid-Curve Options on Three-Month SOFR Futures	S5	J5
Three-Month Mid-Curve Options on Three-Month SOFR Futures	TS2	JT
Six-Month Mid-Curve Options on Three-Month SOFR Futures	TS3	J6
Nine-Month Mid-Curve Options on Three-Month SOFR Futures	TS4	J9
Options on Three-Month SOFR Futures	SR3	JE

These changes will be made available for customer testing in New Release on Monday, December 12.

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

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NewNew - Enable Implied Functionality for CME FX Futures - January 22

Effective Sunday, January 22, 2023 (trade date Monday, January 23, 2023), pending completion of all regulatory review periods, implied functionality for the following CME FX futures will be enabled for all outright contracts and calendar spread combinations for the first twelve consecutive contract months on CME Globex.

Enable Implied Functionality for CME FX Futures
PRODUCT	MDP 3.0: TAG 6947-ASSET	ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP
British Pound Sterling/U.S. Dollar (GBP/USD) Futures	6B	6B
Canadian Dollar/U.S. Dollar (CAD/USD) Futures	6C	6C
Japanese Yen/U.S. Dollar (JPY/USD) Futures	6J	6J
Australian Dollar/U.S. Dollar (AUD/USD) Futures	6A	6A
Euro/U.S. Dollar (EUR/USD) Futures	6E	6E

Please note: The Non-Reviewable Range of each leg spread will be evaluated as an outright.

Implied eligible instruments, are identified in the MDP 3.0 Security Definition (tag 35-MsgType=d), in repeating group tag 871-InstAttribType:

• tag 872-InstAttribValue= 19: Implied Matching Eligibility

This change will be available for customer testing in New Release on Monday, December 19.

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

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NewNew - Changes to Price Format for EUR/USD Futures - January 22

Effective Sunday, January 22, 2023(trade date Monday, January 23), pending completion of all regulatory review periods, to accommodate enabling BTIC on EUR/USD futures on CME Globex, price format changes will be made as follows:

• Expand the decimal point locator.
• Increase the minimum price increment.

Changes to Price Format for EUR/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	CURRENT TAG 9787-DISPLAYFACTOR	NEW TAG 9787-DISPLAYFACTOR
EUR/USD Futures	6E	6E	0.500000000	5.000000000	0.000100000	0.000010000

These changes will be available for customer testing in New Release on Monday, December 19.

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Events and Announcements

Cessation of Eurodollar CVOL Indices - March 6

On Monday, March 6, 2023, the calculation and publication of the following three Eurodollar CVOL benchmarks and associated derivative indicators, which use Eurodollar futures and options as input data, will permanently cease as approved by the CVOL Oversight Committee.

• Eurodollar 90-day CVOL
• Eurodollar 1-year Mid-curve 90-day CVOL
• Eurodollar 2-year Mid-curve 90-day CVOL

Additional information on this change is available on the CVOL webpage.

Any comments or queries regarding the cessation of the three Eurodollar CVOLs should be sent to benchmark@cmegroup.com.

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