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.

Enabling User Defined Spreads on Specific NYMEX Energy Futures - September 15

Effective this 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 - September 22

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.

UpdateOptions on Bloomberg Commodity Index Futures - September 22

† Denotes update to the article

Effective Sunday, September 22 (trade date Monday, September 23), pending completion of all regulatory review periods, Options on Bloomberg Commodity Index Futures (BCOM) will be listed for trading on CME Globex †and available for submission for clearing via CME ClearPort.

Options on Bloomberg Commodity Index 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
Options on Bloomberg Commodity Index Futures	AW	AI (UDS: AF)	341

The variable minimum tick increment for Options on Bloomberg Commodity Index Futures will be as follows:

VARIABLE TICK TABLE INDEX CODE	CME GLOBEX PRICE	CME GLOBEX TICK SIZE
1	P < -500	10
1	-500 ≤ P ≤ 500	5
1	P > 500	10

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.

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.

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

UpdateMass Quote Protection Types and Fill % Threshold - October 13

† Denotes update to the article

Effective Sunday, October 13, †there will be a decreased Fill % (F) threshold, and 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 - †If utilized, the value will default to 90%	Supported - †If utilized, the value will default to 70%
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.

†Customers will be able to edit the Fill % (F) threshold to a value more than 70%, if utilized. Currently, customers can only edit it to a value more than 90%.

†The new Fill % threshold will be available in New Release for customer testing on Sunday, September 22.

†Three MQP types, 'New Quote Fill (X)', 'Execution (Y)', 'Buy/Sell (Sides)', will be decommissioned in New Release on Friday, September 27.

More information about the current Mass Quote Protection Fill % is available in the Client Systems Wiki.

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.

iLink 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 new 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 a 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: tag 1693-PartyDetailRole=24 (customer account) tag 5149-Memo	All values from cancel-replace request No exceptions

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 this 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.

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.

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.

Product Launches

Listing California Low Carbon Fuel Standard (OPIS) Futures Spreads - September 15

Effective this 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 are currently available for customer testing in New Release.

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

Listing of BTIC on Credit Futures  -September 15

Effective this 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 are currenlty available for customer testing in New Release.

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

Listing of European Hydrotreated Vegetable Oil based Futures  - September 15

Effective this 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 are currntly available for customer testing in New Release.

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 this 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 are currently available for customer testing in New Release.

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

Additional CME CF Cryptocurrency Pricing Data: NY Reference Rate Indices - September 16

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 this Sunday, September 15.

UpdateOptions on Bloomberg Commodity Index Futures - September 22

† Denotes update to the article

Effective Sunday, September 22 (trade date Monday, September 23), pending completion of all regulatory review periods, Options on Bloomberg Commodity Index Futures (BCOM) will be listed for trading on CME Globex †and available for submission for clearing via CME ClearPort.

Options on Bloomberg Commodity Index 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
Options on Bloomberg Commodity Index Futures	AW	AI (UDS: AF)	341

The variable minimum tick increment for Options on Bloomberg Commodity Index Futures will be as follows:

VARIABLE TICK TABLE INDEX CODE	CME GLOBEX PRICE	CME GLOBEX TICK SIZE
1	P < -500	10
1	-500 ≤ P ≤ 500	5
1	P > 500	10

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.

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.

Bitcoin 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 are currently available for customer testing in New Release.

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

UpdateChicago Wheat and KC HRW vs European Milling Wheat Spread Futures - October 13

† Denotes update to the article

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
†CBOT SRW Wheat Synthetic	†CW1	†05 (zero-5)
†KC HRW Wheat Synthetic	†KW1	†05 (zero-5)

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

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

NewHenry Hub Natural Gas Weekly Futures  - October 13

Effective Sunday, October 13 (trade date Monday, October 14), pending completion of all regulatory review periods, Henry Hub Natural Gas Weekly futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

Henry Hub Natural Gas Weekly Futures
PRODUCT	MDP 3.0: TAG 6937-ASSET	ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP	MARKET DATA CHANNEL
Henry Hub Natural Gas Weekly Futures	HHW	NG	386

These futures will be available for customer testing in the New Release on Sunday, September 22.

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

NewCBL Australian Carbon Credit Unit (ACCU) Futures  - October 13

Effective Sunday, October 13 (trade date Monday, October 14), pending completion of all regulatory review periods, CBL Australian Carbon Credit Unit (ACCU) futures contracts will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

CBL Australian Carbon Credit Unit (ACCU) Futures
PRODUCT	MDP 3.0: TAG 6937-ASSET	ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP	MARKET DATA CHANNEL
CBL Australian Carbon Credit Unit (ACCU) Futures	ACU	VX	380

These futures will be available for customer testing in the New Release on Sunday, September 22.

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

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

UpdateAmendments to Final Settlement Price and Last Trade Date Trading Hours for USD/CNH Futures and Micro USD/CNH Futures Contracts - September 19

† Denotes update to the article

Effective Thursday, September 19, the final settlement price for the USD/CNH futures and the Micro USD/CNH futures contracts will be amended as follows:

Amendments to Final Settlement Price and Last Trade Date Trading Hours for USD/CNH Futures and Micro USD/CNH Futures Contracts
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Current Termination of Trading/Final Settlement	Proposed Termination of Trading/Final Settlement
USD/CNH Futures	CNH	RM	Termination of trading on the last trade date is 11:00 a.m. Hong Kong using the USD/CNY (HK) spot Rate published by the Treasury Market Association of Hong Kong ("TMA")	Termination of trading on the last trade date is 2:00 p.m. Hong Kong using the mid-rate of the WMR Intraday Spot Rate for USD/CNH
Micro USD/CNH Futures	MNH	RM	Termination of trading on the last trade date is 11:00 a.m. Hong Kong using the USD/CNY (HK) spot Rate published by the Treasury Market Association of Hong Kong ("TMA")	Termination of trading on the last trade date is 2:00 p.m. Hong Kong using the mid-rate of the WMR Intraday Spot Rate for USD/CNH

There is open interest in the Contracts and related options contracts.  The Rule Amendments shall affect the final settlement price for open positions.  Effecting this change for October contracts months and beyond.

†This change is currently available in New Release.

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

Friday Trading Hours Change for New Zealand Dollar/U.S. Dollar on FX Link  - September 29

To align with the  FX trading hours, effective Sunday, September 29 (trade date Monday, September 30), the Friday trading hours for NZDUSD on FX LINK will change as follows:

FRIDAY TRADING HOURS CHANGE FOR New Zealand Dollar/U.S. Dollar on FX LINK
PRODUCT	MDP 3.0: TAG 6937-ASSET	ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP	CURRENT FRIDAY TRADING HOURS	NEW FRIDAY TRADING HOURS
New Zealand Dollar/U.S. Dollar FX Link	NZDUSD	6F	Trading terminates at 7:00 a.m. Auckland time (at the time of the trading date rollover).	Trading terminates at 16:00 CT (trade date will not rollover).

This change will be available in New Release this Sunday, September 15.

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

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.

Trading 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.

Equity Futures Japan Fixing Price Timing Changes - 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, the fixing price reference time will be extended for the following products.

Equity Futures Japan Fixing Price Timing Changes
PRODUCT	MDP 3.0: TAG 6937-ASSET	ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP	CURRENT FIXING PRICE REFERENCE TIME	NEW FIXING PRICE REFERENCE TIME
Yen Denominated Nikkei Stock Average Futures	NIY	N1	3:00:00 p.m. Japan Time	3:30:00 p.m. Japan Time
Yen Denominated TOPIX Index Futures	TPY	TJ
E-mini S&P 500 Futures	ES	ES

Fixing Price data blocks 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 W = Fixing Price
• Tag 5796-Trading Reference will display the date for which the marker price was calculated

This change will be available in New Release for customer testing on Sunday, October 20.

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

Events and Announcements

Messaging Efficiency Program (MEP) Mass Quote Additions for Selected Equity Options - October 1

Effective trade date Tuesday, October 1, CME Group will extend the Messaging Efficiency Program (MEP) to selected equity options product groups for market participants submitting mass quotes during all trading hours in which the CME Globex platform is available.

Including mass quotes into the MEP is expected to enhance market performance for all participants in options-related product groups by defining, identifying, and discouraging inefficient options-related mass quote messaging. 

To assist potentially impacted firms, CME Group notified assigned messaging contacts or Admin Managers on a T+1 basis following the conclusion of trade date Monday, September 9, of any instances where mass quote product group benchmarks have been exceeded. CME Group will also provide weekly mass quote-related reports to market participants who have exceeded mass quote product group benchmarks.

Please refer to the CME Globex Messaging Efficiency Program for additional information or contact the CME Global Command Center in the US at +1 800 438 8616, in Europe at +44 20 7623 4747 or in Asia at +65 6532 5010 or your Global Account Manager with any questions.

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.