For the latest roadmap of CME Group technology initiatives:
See the Development Launch Schedule.
Additional Resources:
- EBS Market on CME Globex Notices provide the latest information on changes to EBS Market and eFix Market and are available at 2 a.m. CT Thursdays.
- BrokerTec Markets on CME Globex Update provide the latest information BrokerTec markets and are available at bi-weekly 9 a.m. CT Thursdays.
Critical Updates
CME Globex on Google Cloud
CME Group and Google Cloud recently announced a new private Google Cloud Chicago region and co-location facility for CME Group listed derivative markets.
Technical content to support clients throughout the migration is now available. Additional information will be published regularly on this site and announced via the CME Globex Notices.
Update3DES Cipher Deprecation for All Customer VPN Connections - September 6
† Denotes update to the article
†Effective Friday, September 6, as part of continued security measures and best practices to deprecate legacy security protocols and ciphers, CME Group will no longer support 3DES cipher. Please plan to move off of 3DES to keep the ability to connect via VPN.
To continue using IKEv1, please choose to move to another supported policy such as AES256+SHA256. This is the simplest and recommended method for existing connections.
If you wish to migrate your VPN to IKEv2, please contact Global Account Management to arrange a network engineering session for implementation.
For reference, please see supported VPN settings.
Enabling User Defined Spreads on Specific NYMEX Energy Futures - September 15
Effective Sunday, September 15 (trade date Monday, September 16), pending completion of all regulatory review periods, UDS (User Defined Spread) will be enabled for specific NYMEX energy futures for trading on CME Globex.
Futures which share all of the following attributes are eligible for UDS:
- UnitOfMeasure (MDP 3.0: Tag 996)
- UnitOfMeasureQty (MDP 3.0: Tag 1147)
- SecurityGroup (MDP 3.0: Tag 1151)
Please review the client impact assessment for the list of products, technical specifications, and examples.
This change is currently available in New Release for customer testing.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
Change to E-mini S&P Options User Defined Spreads Market Data Channel - Resting Order Elimination
Effective Sunday, September 22 (trade date Monday, September 23), E-mini S&P options User Defined Spreads (UDS) (tag 1151-SecurityGroup=1V) will move from Market Data Platform (MDP) 3 Channel 311 to 323 to better load balance across the MDP 3 channels.
E-mini S&P options outrights will remain on channel 311.
| Changes to Emini S&P Option User Defined Spreads Market Data Channel | |||
|---|---|---|---|
| PRODUCT | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP |
CURRENT MARKET DATA CHANNEL |
New MARKET DATA CHANNEL |
| E-mini S&P Options User Defined Spreads | 1V | 311 | 323 |
To facilitate this change, customers are asked to cancel all Good 'Till Cancel (GTC) and Good 'Till Date (GTD) orders on E-mini S&P options UDS after the close on Friday, September 20. After 16:00 CT on Friday, September 20, all remaining GT orders for these User Defined Spreads will be canceled or deleted by the CME Global Command Center (GCC).
GT orders on the E-mini S&P 500 option outrights are not affected by this change.
This change is currently available for customer testing in New Release.
Advertised Routes Update for Google Cloud Access via Client-Managed Connectivity Solutions - October 12
To prepare for the upcoming migration of CME Group services to Google Cloud, effective Saturday, October 12, the following Public IP Prefixes will be advertised on all CME Group connectivity options. Clients should ensure their networking teams are aware of and prepared for this change to ensure no interruption of services.
| Production Ranges | New Release, Certification and CL2 Ranges |
|---|---|
| 208.112.144.0/24 208.112.145.0/24 208.112.146.0/24 208.112.147.0/24 208.112.160.0/24 208.112.161.0/24 208.112.162.0/24 208.112.163.0/24 208.112.176.0/24 208.112.177.0/24 208.112.178.0/24 208.112.179.0/24 208.112.240.0/24 208.112.241.0/24 208.112.242.0/24 208.112.243.0/24 |
208.112.208.0/24 208.112.209.0/24 208.112.210.0/24 208.112.211.0/24 208.112.224.0/24 208.112.225.0/24 208.112.226.0/24 208.112.227.0/24 |
Mass Quote Protection Type Decommission - October 13
Effective Sunday, October 13, the following Mass Quote Protection (MQP) types will be decommissioned:
- New Quote Fill (X)
- Execution (Y)
- Buy/Sell (Sides)
Please Note: CME Group will continue to support the existing MQP types - Traded Quantity (Z) and Delta (D).
MQP types will be supported as follows:
| MQP TYPES | CURRENT | OCTOBER 13 |
|---|---|---|
| New - Fill % (F) | Supported | Supported |
| Traded Quantity (Z) | Supported | Supported |
| New Quote Fill (X) | Supported | Decommissioned |
| Execution (Y) | Supported | Decommissioned |
| Buy/Sell (Sides) | Supported | Decommissioned |
| Delta (D) | Supported | Supported |
All iLink Mass Quote customers are encouraged to migrate to the Fill % (F) type as early as possible prior to the current MQP types decommission.
MDP 3.0 SBE Schema Update - Starting October 13
To support future enhancements for futures and options markets, including CME FX Spot+, on CME Globex MDP 3.0 and CME Smart Stream on GCP SBE, the Globex MDP SBE core schema will be updated to version 13 starting Sunday, October 13, 2024 (trade date Monday, October 14, 2024), and concluding Sunday, January 12, 2025 (trade date Monday, January 13, 2025).
Futures and options channels on CME Globex are currently utilizing core schema version 9. To ease customer development efforts, the new SBE schema files will support template extension for MDP 3.0 messages. For client systems that do not support template extension, the schema update is not backward compatible, and the MDP 3.0 messages sent from CME Globex cannot be decoded.
In conjunction with the core schema futures and options update, the futures and options markets will leverage a new separate schema dedicated to TCP recovery for UDP effective Sunday, November 24, 2024.
Please review the client impact assessment for full technical details and launch schedule.
NewiLink 3 On-Demand Party Details Changes - October 27
Starting Sunday, October 27 (trade date Monday, October 28), CME Group will implement the iLink 3 messaging changes to on-demand administrative information on Market Segment Gateway (MSGWs) and Convenience Gateways (CGWs) to return critical information currently only sent on the iLink messages from the customer to CME Globex.
Operator
Tag 1691-PartyDetaiID value on the Operator Party Detail Role (tag 1693-PartyDetailRole=118) on the Party Details Definition Request Acknowledgement (PDDRA, tag 35-MsgType=CY) will reflect the values from the Party Details Definition Request (PDDR, tag 35-MsgType=CX).
| iLink 3 Party Details Definition Request Acknowledgment | |||
|---|---|---|---|
| Tag 1693 - Party Detail Role | Submitted tag 1691-PartyDetailID | Current Return tag 1691-PartyDetailID Value Behavior | New Return tag 1691-PartyDetailID Value Behavior |
| 118 (Operator)
|
ABCDE | Not Present | ABCDE |
Drop Copy will reflect the Operator value from the iLink message in Drop Copy tag 129-DeliverToSubID.
| Drop Copy Message Tag | iLink 3 Source Message Tag | |||
|---|---|---|---|---|
| FIX Tag | FIX Name | Binary Tag | Binary Name | Description |
| 129 | DeliverToSubID | 1691 1693 |
PartyDetailID PartyDetailRole=118 (Operator) |
Represent the individual or team submitting the message |
Memo
Tag 5149-Memo value on the Party Details Definition Request Acknowledgement (PDDRA, tag 35-MsgType=CY) will reflect the party details from an Order Mass Action Request and from an unsuccessful Order Cancel Request.
There is no change to 3 successful order cancel request.
| iLink 3 Party Details Definition Request Acknowledgment | ||||
|---|---|---|---|---|
| Message from CME Globex to Client System | Submitted tag 5149-Memo from New Order | Submitted tag 5149-Memo from Cancel Request |
Current Return tag 5149-Memo | New Return tag 5149-Memo |
| PDDRA for a Mass Order Cancel | ABC123 | XYZ456 | Not Present | XYZ456 |
| PDDRA for an unsuccessful Order Cancel | DEF789 | UVW001 | Not Present | UVW001 |
On-Demand Order-Cancel Replace
The Party Details Definition Request Acknowledgement (PDDRA, tag 35-MsgType=CY) will reflect the party details from the order cancel-replace request.
| iLink 3 Party Details Definition Request Acknowledgment | ||
|---|---|---|
| Message from CME Globex to Client System | Current Return tag | New Return tag |
| PDDRA for an Order Cancel-Replace | Value from cancel-replace request, except the following tags are NULL, they will reflect the values from the PDDR for the original resting order:
|
All values from cancel-replace request
|
More detailed information on Party Details is available in iLink 3 Party Details Definition Messaging.
All of these changes are only applicable to the on-demand administrative information. There is no change to the Pre-Registered Party Detail Definition Request Acknowledgment messages sent from Order Entry Service Gateway to Client System
Both pre-registered and on-demand administrative information on Drop Copy message payloads are impacted by these changes
Production Launch Schedule
iLink 3 CGWs and MSGWs will be phased in as follows:
| iLink 3 MSGW On-Demandarty Details Changes | ||
|---|---|---|
| Market Segment ID | Description | Production Launch |
| 50 | CME Interest Rate Options | October 27 |
| 76 | NYMEX Metals, Softs and Alternative Markets Futures; COMEX Futures | |
| 52 | CME FX Options | November 17 |
| 64 | CME Equity Futures - E-mini S&P | |
| 70 | CME, CBOT and MGEX Commodity Future | |
| 82 | CME and CBOT Interest Rate Future | |
| 88 | CME FX Futures and FX Link | |
| 54 | CME Equity Options - S&P Options | November 24 |
| 56 | NYMEX Emissions Options; NYMEX Energy, Metals, Softs and Alternative Markets Options; COMEX Options; DME Options | |
| 58 | CBOT Interest Rate Options | |
| 60 | CME, CBOT and MGEX Commodity Options Bursa Malaysia Futures and Options |
|
| 68 | CME Equity Futures II; CBOT Equity Futures | |
| 72 | CBOT and CME Equity Options; excluding S&P | |
| 74 | CME Crypto Futures and Options; Event Contracts | |
| 78 | NYMEX Emissions and Non-Crude Energy Futures | |
| 80 | DME Futures; NYMEX Crude and Crude Refined Energy Futures | |
| 84 | CBOT Interest Rate Futures | |
Please Note: During the iLink 3 CGWs phased launch, clients can see both current and new behavior until the launch is complete.
The Operator change is now available in the New Release. All remaining changes will be available for customer testing in the New Release on Sunday, September 15.
CME Globex Order Entry Web Service APIs - Q4 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.
UpdateiLink 3 CGW Migration - Deadline December 31
† Denotes update to the article
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.
†Starting Thursday, October 31, 2024, iLink 2 CGW sessions can no longer be created. Effective Sunday, February 2, 2025, iLink 2 on CGW will be decommissioned and only iLink 3 CGW sessions will be supported
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 Help
Please contact Market Regulation Audit Trail Team if you have any questions.
CME FX Spot+ - March 2025
Effective March 2025, CME Group will launch CME FX Spot Plus (CME FX Spot+), a new tradable spot FX instrument, leveraging CME FX Link liquidity to bring together OTC spot FX and FX futures.
CME FX Spot+ will enable spot FX market participants to tap into CME FX futures liquidity through an open, transparent central limit order book while giving FX futures users broader access to OTC liquidity. This unique liquidity connection will be made possible by implied matching through CME FX Link, a liquid, tradable spread between OTC spot FX and FX futures.
The FX Spot+ products will be available for the following currency pairs: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY, USD/CAD, USD/CHF, and USD/MXN.
All of the CME FX Spot+ products will be available in the New Release environment for customer testing on Monday, November 11, 2024.
More information on these new products and the associated messaging and functionality enhancements is available in the CME FX Spot+ client impact assessment. A new CME FX Spot+ Credit Overview is also available with credit features and details for both FX Link and CME FX Spot+.
Decommission of MGEX Markets on CME Globex -Q2 2025
Effective end of Q2 2025, order routing and market data for Minneapolis Grain Exchange (MGEX) products, which includes Hard Red Spring Wheat, will no longer be available via CME Globex. Existing order routing customers to MGEX markets and customers wishing to pursue market access to MGEX should contact futures@miaxglobal.com.
For CME Group specific questions, contact Global Account Management.
New Functionality
CME Term SOFR API - This Week
This Sunday, September 1, CME Group will launch the new CME Term SOFR API, a REST API that provides access to the daily set of forward-looking interest rate estimates for 1-Month, 3-Month, 6-Month and 12-Month Tenors in real-time, along with complete history of CME Term SOFR Reference Rates.
For additional details, please review CME Term SOFR API client impact assessment.
Product Launches
Listing California Low Carbon Fuel Standard (OPIS) Futures Spreads - September 15
Effective Sunday, September 15 (trade date Monday, September 16), California Low Carbon Fuel Standard (OPIS) futures spreads will be listed for 12 months and all Dec vs. Dec on CME Globex.
| Listing California Low Carbon Fuel Standard (OPIS) Futures Spreads | |||
|---|---|---|---|
| Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
Tag 762- SecuritySubType |
| California Low Carbon Fuel Standard (OPIS) Futures | LCS | VX | SP (Standard Calendar Spread) |
These spreads will be available for customer testing in New Release on Sunday, August 25.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
Listing of BTIC on Credit Futures - September 15
Effective Sunday, September 15 (trade date Monday, September 16), pending completion of all regulatory review periods, BTIC on Credit futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.
| Listing of BTIC on 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 |
| BTIC on Bloomberg U.S. Corporate Investment Grade Index Futures | IQBT | CG | 344
|
| BTIC on Bloomberg U.S. Corporate High Yield Very Liquid Index Futures | HYBT | CG | 344 |
These futures will be available for customer testing in New Release on Sunday, August 25.
These contracts are listed with, and subject to, the rules and regulations of CBOT.
Listing of European Hydrotreated Vegetable Oil based Futures - Sunday, September 15
Effective Sunday, September 15 (trade date Monday, September 16), pending completion of all regulatory review periods, European Hydrotreated Vegetable Oil based futures contracts will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.
| Listing of European Hydrotreated Vegetable Oil based 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 |
| HVO FOB ARA Range (Class II) (Argus) Futures | HVO | CP | 382 |
| HVO FOB ARA Range (Class II) (Argus) vs Low Sulphur Gasoil Futures | HVG | CP | 382 |
These futures will be available for customer testing in New Release on Sunday, August 25.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
Listing of European Used Cooking Oil based Futures - September 15
Effective Sunday, September 15 (trade date Monday, September 16), pending completion of all regulatory review periods, European Used Cooking Oil based futures contracts will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.
| Listing of European Used Cooking Oil Based 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 |
| UCO fob ARA (Argus) Futures
|
UCD
|
JR
|
386
|
| UCO fob ARA (Argus) vs. Low Sulphur Gasoil Futures
|
UCG
|
JR
|
386
|
These futures will be available for customer testing in New Release on Sunday, August 25.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
UpdateAdditional CME CF Cryptocurrency Pricing Data: NY Reference Rate Indices - September 16
† Denotes update to the article
Effective †Monday, September 16, 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.
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:
- Standardized Reference Rates in U.S. dollars shortly after 4 p.m. New York time each day including weekends and bank holidays.
| Reference Rate | Ticker |
|---|---|
| CME CF Solana-Dollar Reference Rate New York †Variant
|
SOLUSD_NY
|
| CME CF Chainlink-Dollar Reference Rate New York †Variant
|
LINKUSD_NY
|
| CME CF Polygon-Dollar Reference Rate New York †Variant
|
MATICUSD_NY
|
| CME CF Ripple XRP-Dollar Reference Rate New York †Variant
|
XRPUSD_NY
|
Please note: These indices will not be used in the settlement of any contracts.
These additional cryptocurrency indices are currently available for testing in New Release. Certification is not required.
Listing of Brent Last Day Financial Futures vs. Dubai Crude Oil (Platts) Financial Futures Spreads - September 22
Effective Sunday, September 22, (trade date Monday,September 23), Brent Last Day Financial futures (BZ) vs. Dubai Crude Oil (Platts) Financial futures (DCB) spreads will be listed on CME Globex for maturities up to six months forward.
| List Brent Last Day Financial Futures vs. Dubai Crude Oil (Platts) Futures Spreads | |||
|---|---|---|---|
| Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
Tag 762- SecuritySubType |
| Brent Last Day Financial Futures vs. Dubai Crude Oil (Platts) Financial Futures | BZ | BD | IS (Intercommodity Spread) |
These spreads will be available for customer testing in New Release on Sunday, September 15.
NewBitcoin Friday Futures - September 29
Effective Sunday, September 29 (trade date Monday, September 30), pending completion of all regulatory review periods, Bitcoin Friday futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.
| Bitcoin Friday 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 |
| Bitcoin Friday Futures | BFF | BF | 326 |
These Bitcoin Friday futures will be available for customer testing in New Release on Sunday, September 8.
These contracts are listed with, and subject to, the rules and regulations of CME.
NewChicago Wheat and KC HRW vs European Milling Wheat Spread Futures - October 13
Effective Sunday, October 13 (trade date Monday, October 14), Chicago Wheat and KC HRW Wheat vs European Milling Wheat Spread futures will be listed for 5 listed months following Mar, May, Sep, Dec on CME Globex and clearing submission via CME ClearPort.
| Chicago Wheat and KC HRW vs European Milling Wheat Spread Futures | ||
|---|---|---|
| Product Name | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
| Chicago Wheat-European Milling Wheat Spread Futures | CWD | ZW |
| KC HRW Wheat-European Milling Wheat Spread Futures | KWD | KE |
These futures will be available in New Release for customer testing Tuesday , September 3. These contracts are listed with, and subject to, the rules and regulations of CBOT.
Bursa Malaysia Derivatives (BMD) USD Used Cooking Oil FOB Straits (Platts) Futures - December 15
Effective Sunday, December 15 (trade date Monday, December 16), subject to receipt of regulatory approval prior to such date, the Bursa Malaysia Derivatives (BMD) USD Used Cooking Oil FOB Straits (Platts) futures and spreads will be made available for trading on CME Globex.
| Bursa Malaysia Derivatives (BMD) USD Used Cooking Oil FOB STRAITS (PLATTS) Futures | |||
|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP |
MARKET DATA CHANNEL |
| USD Used Cooking Oil FOB Straits (Platts) Futures | FUCO | BY | 430 |
These changes are currently available for customer testing in New Release.
These contracts are listed with, and subject to, the rules and regulations of BMD.
Product Changes
NewDelisting and Removal of all Options on Yen Denominated Nikkei Stock Average Futures Contracts - This Week
On Monday, August 26, the following options on Yen Denominated Nikkei Stock Average futures were delisted, and effective close of business Friday, August 30, these options will be removed from CME Globex.
| Delisting and Removal of all Options on Yen Denominated Nikkei Stock Average Futures Contracts | ||
|---|---|---|
| Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
| Quarterly Options on Yen Denominated Nikkei Stock Average Futures | NKW | N3 |
| Serial Options on Yen Denominated Nikkei Stock Average Futures | NKY | N4 |
These options currently have no open interest.
NewIntraday CVOL Time Extension - September 7
Effective Sunday, September 7 (trade date Monday, September 8), the following CME Volatility Intraday Index (CVOL) products, listed on the Benchmark Administration Premium Channel (Channel 261), will have an extended intraday calculation period as described below.
Please note: Times marked with a (t-1) indicate the calculation session begins the previous evening.
Delisting and Removal of BSBY Futures - October 14
Effective Monday, October 14, the following BSBY futures will be delisted, and effective close of business Friday, October 18, these futures will be removed from CME Globex.
| Delisting and Removal of BSBY Futures | ||
|---|---|---|
| Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
| Three-Month Bloomberg Short-Term Bank Yield Index (BSBY) Futures | BSB | BW |
Open interest for these futures is being converted to Three-Month SOFR futures as part of this delisting, please review the Special Executive Report (SER) for additional details.
These futures currently have no open interest.
NewTrading Hours Changes for BTIC on Nikkei Stock Average Futures and TOPIX Futures - November 5
Effective Tuesday, November 5, the Tokyo Stock Exchange Cash Markets will be extending their trading hours by 30 minutes. To support this change, and pending relevant CFTC Regulatory review periods, the following BTIC (Basis Trade at Cash Close) product trading hours will be extended for the following products.
| TRADING HOURS CHANGE FOR BTIC ON NIKKEI STOCK AVERAGE FUTURES AND TOPIX FUTURES | ||||
|---|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP |
CURRENT TRADING HOURS | NEW TRADING HOURS |
| BTIC on Yen Denominated Nikkei Stock Average Futures | NIT
|
N6 | Trading terminates at 3:00pm JST. | Trading terminates at 3:30pm JST. |
| BTIC on Nikkei Stock Average Futures
|
NKT | ND | ||
| BTIC on Yen Denominated TOPIX Futures
|
TPB | BJ | ||
| BTIC on USD Denominated TOPIX Index Futures
|
TPT | BJ | ||
This change will be available for customer testing in New Release on Sunday, October 20.
These contracts are listed with, and subject to, the rules and regulations of CME.
Please review the Special Executive Report (SER) for additional details.
Events and Announcements
Revised CME Globex Messaging Efficiency Program and Resources - October 1
Effective trade date Tuesday, October 1, CME Group will revise the CME Globex Messaging Efficiency Program (Program) to more effectively target messaging that can negatively impact system performance, impair efficient access to the market, and create unnecessary infrastructure and processing costs for market participants.
The existing Program will remain in effect through Monday, September 30, and will be retired when the revised Program is implemented on Tuesday, October 1.
The following changes will be made under the revised Program:
- Message scoring will be calculated and applied for the entire CME Globex trading session versus the current hours between 7:00 a.m. – 3:15 p.m. Central Time (CT)
- Previously excluded instruments and back months will be included and scored at a reduced weighting
To account for these changes, messaging tiers will be expanded.
To assist potentially impacted firms on a T+1 basis following the conclusion of trade date July 1, CME Group will notify assigned messaging contacts of any instances where product group benchmarks have been exceeded using the revised Program scoring methodology.
For more information, view CME Globex Messaging Efficiency Program Resources such as:
- Current Program and Benchmarks
- Upcoming Program and Benchmarks
- CME Globex Messaging Efficiency Program Holiday Calendar
- CME Globex Messaging Policy
For questions, contact the Global Command Center (GCC) at 1 800 438 8616 or Global Account Management.
