For the latest roadmap of CME Group technology initiatives:
See the Development Launch Schedule.
Critical Updates
Mass Quote Protection Enhancements - June 30
Effective Sunday, June 30 (trade date Monday, July 1), in addition to the current Mass Quote Protection (MQP) types, CME Group will offer the new Fill % (F) MQP type at the Group Code and Product Line levels.
| Mass Quote Protection Enhancements | |
|---|---|
| New MQP Type | Definition |
| Fill % (F) | Fill % (F) will be the cumulative sum of each quote's execution quantity relative to its original quote quantity during a single MQP duration. Tallies each time a quote's bid or ask trades Example:
|
More information about the new MQP type is available in the client impact assessment.
Certification for the new Fill % (F) MQP type is not mandatory for client systems already certified for the Mass Quote suite.
The new MQP Type is currently available in New Release for customer testing.
Current MQP Type Decommission
Effective Sunday, October 13, the following MQP types will be decommissioned:
- New Quote Fill (X)
- Execution (Y)
- Buy/Sell (Sides)
- Delta (D)
Please Note: CME Group will continue to support the existing MQP type - Traded Quantity (Z).
The current and new MQP types will be supported in parallel as follows:
| MQP Types | Currently | June 30 | October 13 |
|---|---|---|---|
| New - Fill % (F) | Not Available | Supported | Supported |
| Traded Quantity (Z) | Supported | Supported | Supported |
| New Quote Fill (X) | Supported | Supported | Decommissioned |
| Execution (Y) | Supported | Supported | Decommissioned |
| Buy/Sell (Sides) | Supported | Supported | Decommissioned |
| Delta (D) | Supported | Supported | Decommissioned |
All iLink Mass Quote customers are encouraged to migrate to the new Fill % (F) type as early as possible prior to the current MQP types decommission.
Balanced Strip Butterfly Spread on CME Globex - July 28
Effective Sunday, July 28 (trade date, Monday July 29), a new exchange-defined Balanced Strip Butterfly futures spread will be made available for trading on CME Globex. The new spread will utilize a new strategy type (BB).
The Balanced Strip Butterfly spread will represent a differential spread composed of three legs having equidistant expirations—the near and deferred expirations of a Balanced Strip Butterfly on one side of the spread, and twice the quantity of the middle expirations of a pack on the other side (1:2:1).
Please review the client impact assessment for detailed spread construction and pricing examples.
The spread is currently available for customer testing in New Release.
The contracts are listed with, and subject to, the rules and regulations of CME.
CME Globex Order Entry Web Service APIs - Q2 2024
Clients now have access to CME Group futures and options on the new Order Entry Suite of APIs - Hosted by Google Cloud.
This solution is accessible over the public internet without the commitment of leased line or co-location investments. RESTful and WebSocket APIs with full order routing and instrument creation functionality deliver real-time trading and market exposure insight. This lightweight product is optimized for the needs of less latency sensitive traders and algorithms, while still offering fulsome functionality and utilizing the full suite of CME Globex risk and credit controls.
The OE APIs are made up of two Web Service APIs: RESTful and WebSocket. These APIs support:
- Order Submission and Modifications
- Strategy Creation (UDS) and Request for Quotes (RFQ) Capabilities
- Order and Trade Status Request
Please review the Client Impact Assessment for full technical details and updated launch schedule.
This solution is currently available in the New Release environment; a production date will be announced in future notices.
iLink 3 CGW Migration - Deadline December 31
iLink 3 is now live in production for CGW since January 28, 2024. All customers using the Convenience Gateways (CGW) for order entry must complete their migration to iLink 3 by Tuesday, December 31, including functional certification and session migration as outlined in the Client Impact Assessment.
A charge of $1,000 USD per iLink session per week is applied to each session that has not yet migrated to iLink 3. Port activation charges (PAC) and market inactivity charges (MIC) for new iLink 3 sessions for CGW will be waived automatically from creation through the end of October 2024.
Effective Sunday, February 2, 2025, iLink 2 on CGW will be decommissioned and all CGW sessions will support iLink 3.
Update on Order Routing and Front-End Audit Trail Requirements for iLink 3
As part of the iLink 3 migration, the following rules for an audit trail certification apply:
- All customer systems using Audit Trail 2.x CSV or FIX formats will be required to certify for Audit Trail 3.x CSV or FIX formats.
- Any certified Audit Trail 3.x CSV or FIX system that is not adding new functionality will not be required to recertify their audit trail system.
- Any certified Audit Trail 3.x CSV or FIX system that is adding new functionality or changes its Administrative Information Registration (On Demand or Pre-Registered) will be required to recertify their audit trail system.
- A new iLink 3.x CGW Order Entry System can be associated to an existing certified Audit Trail 3.x CSV or FIX system. Please send an email request to Audit Trail.
Only after your Order Entry is certified, please complete the questionnaire so an audit trail profile can be created. Audit Trail Production sample requirements guidelines can be found here.
More information regarding the iLink 3 audit trail test suite can be found at:
- iLink 3 - Minimum Acceptable Audit Trail Elements - Data Definitions and Validation Rules
- AutoCert+ Audit Trail for iLink 3 User Manual
Please contact Market Regulation Audit Trail Team if you have any questions.
Product Launches
Weather Q3 Strip Futures and Options - June 2
Effective Sunday, June 2 (trade date Monday, June 3), pending completion of all regulatory review periods, Weather Q3 futures and options will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.
| WEATHER Q3 STRIP FUTURES AND OPTIONS | |||
|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP |
MARKET DATA CHANNELMDP 3.0 TAG 1180 - APPLID |
| CME Seasonal Strip Degree Days Index Futures - ATLANTA CDD Q3 | 3K1 | HW | 316 |
| CME Seasonal Strip Degree Days Index Futures - BOSTON CDD Q3 | 3KW | HW | 316 |
| CME Seasonal Strip Degree Days Index Futures - BURBANK CDD Q3 | 3KP | HW | 316 |
| CME Seasonal Strip Degree Days Index Futures - CHICAGO CDD Q3 | 3K2 | HW | 316 |
| CME Seasonal Strip Degree Days Index Futures - CINCINNATI CDD Q3 | 3K3 | HW | 316 |
| CME Seasonal Strip Degree Days Index Futures - HOUSTON CDD Q3 | 33K | HW | 316 |
| CME Seasonal Strip Degree Days Index Futures - NEW YORK CDD Q3 | 3K4 | HW | 316 |
| CME Seasonal Strip Degree Days Index Futures - DALLAS CDD Q3 | 3K5 | HW | 316 |
| CME Seasonal Strip Degree Days Index Futures - LAS VEGAS CDD Q3 | 3K0 | HW | 316 |
| CME Seasonal Strip Degree Days Index Futures - MINNEAPOLIS CDD Q3 | 3KQ | HW | 316 |
| CME Seasonal Strip Degree Days Index Futures - SACRAMENTO CDD Q3 | 3KS | HW | 316 |
| CME Seasonal Strip Degree Days Index Futures - PHILADELPHIA CDD Q3 | 3K6 | HW | 316 |
| CME Seasonal Strip Degree Days Index Futures - PORTLAND CDD Q3 | 3K7 | HW | 316 |
| CME European Seasonal Strip CAT Index Futures - AMSTERDAM CAT Q3 | 3G2 | HW | 316 |
| CME European Seasonal Strip CAT Index Futures - ESSEN CAT Q3 | 3G4 | HW | 316 |
| CME European Seasonal Strip CAT Index Futures - LONDON CAT Q3 | 3G0 | HW | 316 |
| CME European Seasonal Strip CAT Index Futures - PARIS CAT Q3 | 3G1 | HW | 316 |
| Pacific Rim Seasonal Strip Index Futures - TOKYO CAT Q3 | 3G6 | HW | 316 |
| CME Seasonal Strip Degree Days Index Options - ATLANTA CDD Q3 | 3K1 | W7 (UDS W8) | 317 |
| CME Seasonal Strip Degree Days Index Options - BOSTON CDD Q3 | 3KW | W7 (UDS W8) | 317 |
| CME Seasonal Strip Degree Days Index Options - BURBANK CDD Q3 | 3KP | W7 (UDS W8) | 317 |
| CME Seasonal Strip Degree Days Index Options - CHICAGO CDD Q3 | 3K2 | W7 (UDS W8) | 317 |
| CME Seasonal Strip Degree Days Index Options - CINCINNATI CDD Q3 | 3K3 | W7 (UDS W8) | 317 |
| CME Seasonal Strip Degree Days Index Options - HOUSTON CDD Q3 | 33K | W7 (UDS W8) | 317 |
| CME Seasonal Strip Degree Days Index Options - NEW YORK CDD Q3 | 3K4 | W7 (UDS W8) | 317 |
| CME Seasonal Strip Degree Days Index Options - DALLAS CDD Q3 | 3K5 | W7 (UDS W8) | 317 |
| CME Seasonal Strip Degree Days Index Options - LAS VEGAS CDD Q3 | 3K0 | W7 (UDS W8) | 317 |
| CME Seasonal Strip Degree Days Index Options - MINNEAPOLIS CDD Q3 | 3KQ | W7 (UDS W8) | 317 |
| CME Seasonal Strip Degree Days Index Options - SACRAMENTO CDD Q3 | 3KS | W7 (UDS W8) | 317 |
| CME Seasonal Strip Degree Days Index Options - PHILADELPHIA CDD Q3 | 3K6 | W7 (UDS W8) | 317 |
| CME Seasonal Strip Degree Days Index Options - PORTLAND CDD Q3 | 3K7 | W7 (UDS W8) | 317 |
| CME European Seasonal Strip CAT Index Options - AMSTERDAM CAT Q3 | 3G2 | W7 (UDS W8) | 317 |
| CME European Seasonal Strip CAT Index Options - ESSEN CAT Q3 | 3G4 | W7 (UDS W8) | 317 |
| CME European Seasonal Strip CAT Index Options - LONDON CAT Q3 | 3G0 | W7 (UDS W8) | 317 |
| CME European Seasonal Strip CAT Index Options - PARIS CAT Q3 | 3G1 | W7 (UDS W8) | 317 |
| Pacific Rim Seasonal Strip Index Options - TOKYO CAT Q3 | 3G6 | W7 (UDS W8) | 317 |
These futures and options are currently available for customer testing in New Release.
These contracts are listed with, and subject to, the rules and regulations of CME.
NewSoybean Oil - NY Harbor ULSD Spread Financial Futures - June 16
Effective Sunday, June 16 (trade date Monday, June 17), pending completion of all regulatory review periods, Soybean Oil - NY Harbor ULSD Spread Financial futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.
| Soybean Oil - NY Harbor ULSD Spread Financial Futures | |||
|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP |
MARKET DATA CHANNELMDP 3.0 TAG 1180 - APPLID |
| Soybean Oil - NY Harbor ULSD (BOHO) Financial Futures | BHO | OA | 382 |
These futures will be available for customer testing in New Release on Monday, June 3.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
NewListing 3-Month SOFR Monthly Options - June 16
Effective Sunday, June 16 (trade date Monday, June 17), pending completion of all regulatory review periods, 3-Month SOFR Monthly options will be listed for trading on CME Globex, the CME Trading Floor, and for submission for clearing via CME ClearPort.
| LISTING 3-MONTH SOFR MONTHLY OPTIONS | |||
|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP |
MARKET DATA CHANNEL |
| SOFR Monthly Options - First March | 1YH | JE | 313 |
| SOFR Monthly Options - First June | 1YM | ||
| SOFR Monthly Options - First September | 1YU | ||
| SOFR Monthly Options - First December | 1YZ | ||
| SOFR Monthly Options - Second March | 2YH | ||
| SOFR Monthly Options - Second June | 2YM | ||
| SOFR Monthly Options - Second September | 2YU | ||
| SOFR Monthly Options - Second December | 2YZ | ||
The variable minimum tick increment for 3-Month SOFR Monthly options will be as follows:
| VARIABLE TICK TABLE INDEX CODE | CME GLOBEX PRICE | CME GLOBEX TICK SIZE |
|---|---|---|
| 12 | P < -5 | 0.50 |
| 12 | -5 ≤ P ≤ 5 | 0.25 |
| 12 | P > 5 | 0.50 |
The Variable Tick Table (VTT) values are defined in the instrument’s Security Definition Message (tag 35-MsgType=d) in tag 6350-TickRule tick table value as described online.
These options will be available for customer testing in New Release on Monday, June 3.
These contracts are listed with, and subject to, the rules and regulations of CME.
Bloomberg Credit Futures - June 16
Effective Sunday, June 16 (trade date Monday, June 17), pending completion of all regulatory review periods, Bloomberg Credit futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.
| Bloomberg Credit Futures | |||
|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP |
MARKET DATA CHANNEL MDP 3.0 TAG 1180 - ApplID |
| Bloomberg IG Credit Futures | IQB | CE | 344 |
| Bloomberg HY Credit Futures | HYB | CE | 344 |
| Bloomberg IG Duration-Hedged Credit Futures | DHB | CE | 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.
Listing Additional TBA vs. Treasury Spreads - June 30
Effective Sunday, June 30 (trade date Monday, July 1), CME Group will add additional TBA vs. Treasury spreads on CME Globex.
| Listing Additional TBA vs. Treasury Spreads | |||
|---|---|---|---|
| Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
Tag 762- SecuritySubType |
| 30-Year UMBS TBA - 2.0% Coupon vs. 10-Year T-Note | UPT | ER | IV |
| 30-Year UMBS TBA - 2.5% Coupon vs. 10-Year T-Note | UQY | ER | IV |
| 30-Year UMBS TBA - 3.0% Coupon vs. 10-Year T-Note | URY | ER | IV |
| 30-Year UMBS TBA - 3.5% Coupon vs. 10-Year T-Note | UTY | ER | IV |
| 30-Year UMBS TBA - 4.0% Coupon vs. 10-Year T-Note | UUY | ER | IV |
| 30-Year UMBS TBA - 4.5% Coupon vs. 10-Year T-Note | YTU | ER | IV |
| 30-Year UMBS TBA - 5.0% Coupon vs. 10-Year T-Note | THY | ER | IV |
| 30-Year UMBS TBA - 5.5% Coupon vs. 10-Year T-Note | UVY | ER | IV |
| 30-Year UMBS TBA - 6.0% Coupon vs. 10-Year T-Note | UWY | ER | IV |
| 30-Year UMBS TBA - 6.5% Coupon vs. 10-Year T-Note | UYY | ER | IV |
| 30-Year UMBS TBA - 2.0% Coupon vs. 5-Year T-Note | UPF | ER | IV |
| 30-Year UMBS TBA - 2.5% Coupon vs. 5-Year T-Note | UQF | ER | IV |
| 30-Year UMBS TBA - 3.0% Coupon vs. 5-Year T-Note | URF | ER | IV |
| 30-Year UMBS TBA - 3.5% Coupon vs. 5-Year T-Note | † UTV | ER | IV |
| 30-Year UMBS TBA - 4.0% Coupon vs. 5-Year T-Note | UUF | ER | IV |
| 30-Year UMBS TBA - 4.5% Coupon vs. 5-Year T-Note | VTU | ER | IV |
| 30-Year UMBS TBA - 5.0% Coupon vs. 5-Year T-Note | THF | ER | IV |
| 30-Year UMBS TBA - 5.5% Coupon vs. 5-Year T-Note | UVF | ER | IV |
| 30-Year UMBS TBA - 6.0% Coupon vs. 5-Year T-Note | UWV | ER | IV |
| 30-Year UMBS TBA - 6.5% Coupon vs. 5-Year T-Note | UYF | ER | IV |
These spreads will be available for customer testing in New Release on Monday, June 17.
These contracts are listed with, and subject to, the rules and regulations of CBOT.
Crude Oil Tuesday and Thursday Weekly Options - July 21
Effective Sunday, July 21 (trade date Monday, July 22), pending completion of all regulatory review periods, Crude Oil Tuesday and Thursday Weekly options will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.
| CRUDE OIL TUESDAY AND THURSDAY WEEKLY OPTIONS | ||||
|---|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP |
ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP |
MARKET DATA CHANNEL MDP 3.0 TAG 1180 - APPLID |
| Crude Oil Tuesday Weekly Option | NL1-NL5 | LO | 1N | 383 |
| Crude Oil Thursday Weekly Option | XL1-XL5 | LO | 1N | 383 |
These options will be available for customer testing in New Release on Monday, July 1.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
NewListing Additional €STR Futures Spreads - July 21
Effective Sunday, July 21 (trade date Monday, July 22), the following €STR futures spreads will be listed on CME Globex.
| LISTING ADDITIONAL €STR FUTURES SPREADS | |||
|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | iLink: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP | TAG 762-SecuritySubType |
| €STR Futures Butterfly | ESR | EY | BF |
| €STR Futures Double-Butterfly | ESR | EY | DF |
| €STR Futures Condor | ESR | EY | CF |
These spreads will be available for customer testing in New Release on Monday, July 8.
These contracts are listed with, and subject to, the rules and regulations of CME.
Balanced Strip Butterfly Spread on CME Globex - July 28
Effective Sunday, July 28 (trade date, Monday July 29), a new exchange-defined Balanced Strip Butterfly futures spread will be made available for trading on CME Globex. The new spread will utilize a new strategy type (BB).
The Balanced Strip Butterfly spread will represent a differential spread composed of three legs having equidistant expirations—the near and deferred expirations of a Balanced Strip Butterfly on one side of the spread, and twice the quantity of the middle expirations of a pack on the other side (1:2:1).
Please review the client impact assessment for detailed spread construction and pricing examples.
The spread is currently available for customer testing in New Release.
The contracts are listed with, and subject to, the rules and regulations of CME.
NewListing Henry Hub Natural Gas European Seasonal Strips - July 28
Effective Sunday, July 28 (trade date Monday, July 29), add Henry Hub Natural Gas European Seasonal strips for the current year and the next 12 years will be listed on CME Globex.
| Listing Henry Hub Natural Gas European Seasonal Spreads | |||
|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP |
TAG 762-SecuritySubType |
| Henry Hub Natural Gas Futures | NG | NG | SA (Energy Strip) |
These spreads will be available for customer testing in New Release on Monday, July 22.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
Product Changes
Listing Cycle Expansion and Listing Spreads on TAS on Bitcoin Futures - June 2
Effective Sunday, June 2 (trade date Monday, June 3), the listing cycle for will be expanded and calendar spreads will be added for on CME Globex the TAS on Bitcoin futures.
| LISTING CYCLE EXPANSION AND LISTING SPREADS ON TAS ON BITCOIN FUTURES | |||||
|---|---|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP |
TAG 762- SECURITYSUBTYPE |
CURRENT LISTING SCHEDULE | NEW LISTING SCHEDULE |
| TAS on Bitcoin Futures | TBT | CI | N/A | One monthly | Three nearest monthly contracts and associated calendar spreads |
| TAS on Bitcoin Futures Calendar Spreads | TBT-TBT | CI | EQ | N/A | All combination |
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.
NewAmendments to the Listing Schedule for Three Argus Futures Contracts and the Temporary Suspension of Trading and Clearing of the Previously Listed Contract Months - June 4
Effective Tuesday, June 4, the listing cycle for the following three Argus futures contracts and related futures contracts will be amended such that CME Group shall cease listing additional contract months.
In addition, on Monday, May 20, at the close of business, CME Group suspended trading and clearing of the contracts until further notice. There is no open interest in the contracts.
| Amendments to the Listing Schedule for Three (3) Argus Futures Contracts | ||||
|---|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP |
Current Listing Schedule | New Listing Schedule |
| Bakken DAPL (Argus) Monthly Futures | DAB | CC | Monthly contracts listed for the current year and the next 3 calendar years. Monthly contracts for a new calendar year will be added following termination of trading in the December contract of the current year. | June 2024 – December 2027 |
| Bakken Patoka (Argus) Monthly Futures | BPA | CC | ||
| Guernsey Light Sweet (Argus) Monthly Futures | GSW | CC | ||
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
Change to Committed-Cross Functionality for TBA Futures and Inter-Commodity Spreads - June 9
Effective Sunday, June 9 (trade date Monday, June 10), and pending all relevant regulatory review periods, the Committed-Cross (C-Cross) Better Price or Volume Match (BPVM) allocation for TBA futures and ICS spreads on CME Globex will be amended to 40% for the following products:
| CHANGE TO COMMITTED-CROSS FUNCTIONALITY FOR TBA FUTURES AND ICS SPREADS | |||
|---|---|---|---|
| PRODUCT | MDP 3.0 TAG 6937-ASSET | MDP 3.0 TAG 1151 - SECURITY GROUP | TAG 762 - SECURITY SUBTYPE |
| 30-Year UMBS TBA Futures - 2.0% Coupon | 20U | BM | _ |
| 30-Year UMBS TBA Futures - 2.5% Coupon | 25U | _ | |
| 30-Year UMBS TBA Futures - 3.0% Coupon | 30U | _ | |
| 30-Year UMBS TBA Futures - 3.5% Coupon | 35U | _ | |
| 30-Year UMBS TBA Futures - 4.0% Coupon | 40U | _ | |
| 30-Year UMBS TBA Futures - 4.5% Coupon | 45U | _ | |
| 30-Year UMBS TBA Futures - 5.0% Coupon | 50U | _ | |
| 30-Year UMBS TBA Futures - 5.5% Coupon | 55U | _ | |
| 30-Year UMBS TBA Futures - 6.0% Coupon | 60U | _ | |
| 30-Year UMBS TBA Futures - 6.5% Coupon | 65U | _ | |
| 30-Year UMBS TBA Futures - 2.5% Coupon vs. 30-Year UMBS TBA Futures - 2.0% Coupon | 25U | RI | |
| 30-Year UMBS TBA Futures - 3.0% Coupon vs. 30-Year UMBS TBA Futures - 2.5% Coupon | 30U | RI | |
| 30-Year UMBS TBA Futures - 3.5% Coupon vs. 30-Year UMBS TBA Futures - 3.0% Coupon | 35U | RI | |
| 30-Year UMBS TBA Futures - 4.0% Coupon vs. 30-Year UMBS TBA Futures - 3.5% Coupon | 40U | RI | |
| 30-Year UMBS TBA Futures - 4.5% Coupon vs. 30-Year UMBS TBA Futures - 4.0% Coupon | 45U | RI | |
| 30-Year UMBS TBA Futures - 5.0% Coupon vs. 30-Year UMBS TBA Futures - 4.5% Coupon | 50U | RI | |
| 30-Year UMBS TBA Futures - 5.5% Coupon vs. 30-Year UMBS TBA Futures - 5.0% Coupon | 55U | RI | |
| 30-Year UMBS TBA Futures - 6.0% Coupon vs. 30-Year UMBS TBA Futures - 5.5% Coupon | 60U | RI | |
| 30-Year UMBS TBA Futures - 6.5% Coupon vs. 30-Year UMBS TBA Futures - 6.0% Coupon | 65U | RI | |
Currently the C-Cross BPVM allocation is configured to 0%.
These changes are currently available in New Release for customer testing.
Certification is mandatory for all customers who intend to leverage the cross functionality on CME Globex.
Resting Order Elimination: Change to Committed-Cross Functionality and FIX Tag for TBA Treasury Inter-Commodity Spreads - June 9
Effective Sunday, June 9 (trade date Monday, June 10), and pending all relevant regulatory review periods, the Committed-Cross (C-Cross) Better Price or Volume Match (BPVM) allocation will be amended to 40% and the values in the following FIX tags will be changed for TBA-Treasury Spreads on CME Globex:
- tag 55-Symbol for iLink
- tag 1151-SecurityGroup for MDP 3.0
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 Friday, June 7. After 16:00 CT on Friday, June 7, all remaining GT orders for these spreads will be canceled or deleted by the CME Global Command Center (GCC)
| Change to Committed-Cross Functionality and FIX Tag for TBA Treasury Inter-Commodity Spreads | |||
|---|---|---|---|
| Product | MDP 3.0 Tag 6937-Asset | Current MDP 3.0 Tag 1151 - Security Group | New MDP 3.0 Tag 1151 - Security Group |
| 30-Year UMBS TBA - 2.0% Coupon vs. 10-Year T-Note | UPN | IV |
ER |
| 30-Year UMBS TBA - 2.5% Coupon vs. 10-Year T-Note | UQN | ||
| 30-Year UMBS TBA - 3.0% Coupon vs. 10-Year T-Note | URN | ||
| 30-Year UMBS TBA - 3.5% Coupon vs. 10-Year T-Note | UTN | ||
| 30-Year UMBS TBA - 4.0% Coupon vs. 10-Year T-Note | UUN | ||
| 30-Year UMBS TBA - 4.5% Coupon vs. 10-Year T-Note | NTU | ||
| 30-Year UMBS TBA - 5.0% Coupon vs. 10-Year T-Note | THN | ||
| 30-Year UMBS TBA - 5.5% Coupon vs. 10-Year T-Note | UVN | ||
| 30-Year UMBS TBA - 6.0% Coupon vs. 10-Year T-Note | UWN | ||
| 30-Year UMBS TBA - 6.5% Coupon vs. 10-Year T-Note | UYN | ||
Currently the C-Cross BPVM allocation is configured to 0%.
These changes are currently available in New Release for customer testing.
Certification is mandatory for all customers who intend to leverage the cross functionality on CME Globex.
NewNew Marker Prices for €STR and 3-Month SOFR Futures - June 9
Effective Sunday, June 9 (trade date Monday, June 10), additional marker prices for the 3-Month SOFR and €STR futures will be disseminated on CME Globex.
These markers will be published similar to daily settlements and will be calculated at 4:00 p.m. London Time for all contract months. The Marker price will be rounded to tradable tick and published to CME Group website.
| New Marker Prices for €STR and 3-Month SOFR Futures | |||
|---|---|---|---|
| Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
Market Data Channels |
| 3-Month SOFR Futures 4:00 p.m. London Marker | XY3 | 04 | 312 |
| €STR Futures 4:00 p.m. London Marker | XYR | 04 | 312 |
Markers are sent in the MDP 3.0 Market Data Incremental Refresh (tag 35-MsgType=X) with the following attributes:
- Tag 279- MDUpdateAction will be set to 0 = New
- Tag 269-MDEntryType will be set to 6 = Settlement Price
- Tag 5796-Trading Reference will display the date for which the marker price was calculated
The new marker prices are currently available for customer testing in the New Release environment.
These contracts are listed with, and subject to, the rules and regulations of CME.
Resting Order Elimination: Change to Minimum Price Increment For Mexican Funding TIIE (Monthly Contracts) Futures - June 16
Effective Sunday, June 16 (trade date Monday, June 17), pending the completion of all regulatory review periods, the minimum price fluctuation in tag 969-MinimumPriceIncrement on MDP 3.0 Security Definition (tag 35-MsgType=d) will be updated as follows for the Mexican Funding TIIE futures:
| CHANGE TO MINIMUM PRICE INCREMENT FOR MEXICAN FUNDING TIIE (MONTHLY CONTRACTS) 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 | MDP3.0 TAG 762-SECURITYSUB TYPE |
| Mexican Funding TIIE (Monthly Contracts) Futures | TIE | MI | 1.000000000 | 0.500000000 | SP, BF, CF, FS |
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 Friday, June 15. After 16:00 CT on Friday, June 15, all remaining GT orders for these futures will be canceled or deleted by the CME Global Command Center (GCC).
This change is currently available in New Release for customer testing.
These contracts are listed with, and subject to, the rules and regulations of CME.
NewListing Cycle Modification for Commodity Index Futures and Swaps - June 16
Effective Sunday, June 16 (trade date Monday, June 17), the listing cycle for the following Commodity Index futures and swaps will be modified on CME Globex.
| LISTING CYCLE MODIFICATION FOR COMMODITY INDEX FUTURES AND SWAPS | |||||
|---|---|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | MDP 3.0 TAG 1151 - SECURITY GROUP | TAG 762-SecuritySubType | CURRENT LISTING SCHEDULE | NEW LISTING SCHEDULE (AS OF SELECT EFFECTIVE DATE) |
| Bloomberg Commodity Index Futures | AW | AW | SP (Standard Calendar) | 4 quarterlies plus 4 months of Dec | 4 quarterly months and 1 additional December contract month December 2026, December 2027 and December 2028 contract months were removed on Sunday, May 19th |
| BTIC on Bloomberg Commodity Index Futures | AWT | B7 | _ | ||
| S&P GSCI ER Index Swaps | SES | M3 | _ | 4 months | 4 quarterly months and 1 additional December contract month Previously Listed Monthly Contracts will remain available for Trading and Clearing until Expiration (July 2024 and August 2024) |
| S&P GSCI ER Index Futures | GIE | GA | SP (Standard Calendar) | ||
| BTIC on S&P GSCI ER Index Futures | GIT | GH | _ | ||
| Bloomberg Roll Select Commodity Index Futures | DRS | RS | SP (Standard Calendar) | ||
| BTIC on Bloomberg Roll Select Commodity Index Futures | DRT | LH | _ | ||
For additional information, please refer to Special Executive Report SER-9381.
These products will be available for customer testing in New Release on Monday, June 3.
These contracts are listed with, and subject to, the rules and regulations of CME and CBOT.
NewAdditional CME CF Cryptocurrency Pricing Data: Ether Bitcoin Ratios - June 17
Effective Monday, June 17, shortly after 10 a.m. London time, pending completion of all regulatory review periods, CME Group and CF Benchmarks will launch additional cryptocurrency pricing products designed to provide clients with transparent, robust, reliable reference rates and real-time pricing.
The pricing data will be offered via streamlined CME CF Cryptocurrency Pricing Market Data feed on channel 213 and through DataMine.
The feed will publish the following:
- CME CF Ether Bitcoin Ratio Reference Rates (ETHBTC_USDRR), to be published·shortly after 4 p.m. London time each day including weekends and bank holidays.
- CME CF Ether Bitcoin Ratio Real Time Index (ETHBTC_USDRTI), to be published daily approximately once every second.
The additional cryptocurrency ratios will be available for testing in New Release on Monday, June 3. Certification is not required.
FIX Tag Changes for Certain Equity Options - June 30
Effective Sunday, June 30 (trade date Monday, July 1), the FIX tags will be changed for the products listed below.
| Fix Tag Changes for Certain Equity Options | |||
|---|---|---|---|
| Product | MDP 3.0: tag 6937-Asset | Current MDP 3.0 tag 1151 - Security Group |
New MDP 3.0 tag 1151 - Security Group |
| Options on E-mini Dow Jones Industrial Average Index Futures - End-of-Month (European-Style) | EYM | OL | C9 |
| Weekly Options on E-mini Dow Jones Industrial Average Index Futures - Week 1-4 (European-Style) | YM1-YM4 | ||
| Options on E-mini Nasdaq-100 Index Futures | NQ | QZ | NW |
| Tuesday Weekly Options on E-mini Nasdaq-100 Index Futures - Week 1-5 (European-Style) | Q1B-Q5B | ||
| Thursday Weekly Options on E-mini Nasdaq-100 Index Futures - Week 1-5 (European-Style) | Q1D-Q5D | ||
Please Note: UDS Groups will not be affected by this change.
These options are currently available for customer testing in New Release.
These contracts are listed with, and subject to, the rules and regulations of CBOT and CME.
Changes to External Instrument Name for S&P 500 Options - Limited Resting Order Eliminations - June 30
Effective Sunday, June 30 (trade date Monday, July 1), CME Group will make changes to the external instrument name to support 5-byte strike prices for S&P 500 options. The external instrument name is provided in MDP 3.0 tag 55-Symbol and iLink tag 107-SecurityDesc.
Only S&P 500 options that have strikes less than 1,000 will be impacted.
Please Note: To facilitate this change, customers will be asked to cancel all Good ‘Till Cancel (GTC) and Good ‘Till Date (GTD) orders for contracts with strikes < 1,000, including any User- or Exchange-Defined Spreads, by the close on Friday, June 28. After 4:00 p.m. Central Time (CT) on Friday, June 28, any remaining GT orders on these markets will be removed by the CME Global Command Center (GCC).
| External Alias and Strike Price Listing for S&P 500 Options | ||||
|---|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP |
Example of Current MDP 3.0 TAG 55-SYMBOL |
Example of New MDP 3.0 TAG 55-SYMBOL |
| E-mini S&P 500 Options | ES | EW | E1AF4 C0900 | E1AF4 C900 |
| E-mini S&P 500 Monday Weekly Options - Week 1-5 | E1A-E5A | EW | ||
| E-mini S&P 500 Tuesday Weekly Options - Week 1-5 | E1B-E5B | EW | ||
| E-mini S&P 500 Wednesday Weekly Options - Week 1-5 | E1C-E5C | EW | ||
| E-mini S&P 500 Thursday Weekly Options - Week 1-5 | E1D-E5D | EW | ||
| E-mini S&P 500 Weekly Options - Week 1-4 | EW1-EW4 | EW | ||
| E-mini S&P 500 EOM Options | EW | EW | ||
| Options on Micro E-mini Standard and Poors 500 Stock Price Index Futures | MES | EO | ||
| Monday Weekly Options on Micro E-mini S&P 500 Index Futures - Week 1-5 (European-Style) | X1A-X5A | EO | ||
| Tuesday Weekly Options on Micro E-mini S&P 500 Index Futures - Week 1-5 (European-Style) | X1B-X5B | EO | ||
| Wednesday Weekly Options on Micro E-mini S&P 500 Index Futures - Week 1-5 (European-Style) | X1C-X5C | EO | ||
| Thursday Weekly Options on Micro E-mini S&P 500 Index Futures - Week 1-5 (European-Style) | X1D-X5D | EO | ||
| Weekly Options on Micro E-mini Standard and Poors 500 Stock Price Index Futures - Week 1-4 | EX1-EX4 | EO | ||
| Micro E-mini Standard and Poors 500 Stock Price EOM Options | EX | EO | ||
As a reminder, CME Group does not recommend parsing the external instrument name to determine instrument characteristics.
Please Note: tag 202-Strike Price on the MDP 3.0 Security Definition (tag 35-MsgType=d) message will not 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.
Listing Cycle Change for Crude Oil Weekly Options - July 21
Effective Sunday, July 21 (trade date Monday, July 22), the listing cycle for the following Crude Oil Weekly options will be amended on CME Globex.
Additionally, the holiday exception is removed from the termination of trading rule, so trading always terminates on the contract day.
| LISTING CYCLE CHANGE FOR CRUDE OIL WEEKLY OPTIONS | |||||
|---|---|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP |
ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP UDS |
CURRENT LISTING SCHEDULE | NEW LISTING SCHEDULE |
| Crude Oil Monday Weekly Option | ML1-ML5 | LO | 1N | Weekly contracts listed for 4 consecutive weeks. | Weekly contracts listed for 4 consecutive weeks. No weekly contract listed if it would expire on a non-business day |
| Crude Oil Wednesday Weekly Option | WL1-WL5 | LO | 1N | ||
| Crude Oil Friday Weekly Option | LO1-LO5 | LO | 1N | ||
These options will be available for customer testing in New Release on Monday, July 1.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
NewListing Cycle Expansion for Henry Hub Natural Gas Look-Alike Last Day Financial European Seasonal Strips - July 28
Effective Sunday, July 28 (trade date Monday, July 29), the listing cycle for the following Henry Hub Natural Gas Look-Alike Last Day Financial European Seasonal strips will be expanded on CME Globex.
| Listing Cycle Expansion for Henry Hub Natural Gas Look-Alike Last Day Financial European Seasonal Strips | ||||
|---|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP |
Current Listing Schedule | New Listing Schedule |
| Henry Hub Natural Gas Look-Alike Last Day Financial Futures | HH | NG | 4 years | Current year and the next 12 years |
These products will be available for customer testing in New Release on Monday, July 15.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
