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

Additional Resources:

Critical Updates

CME Globex on Google Cloud

Technical content is now available for the planned Globex migration to Google Cloud, including:

CME Group and Google Cloud recently announced a new private Google Cloud Chicago region and co-location facility for CME Group listed derivative markets.

Additional information will be published regularly and announced via the CME Globex Notices.

Position Reporting Under CFTC Part 17

On April 30, 2024, the Commodity Futures Trading Commission ("CFTC") approved final rules to amend its Large Trading Reporting Regulations for Futures and Options. The amendments were made to modernize CFTC's Large Trader Reporting process and align it with other reporting structures outlined in CFTC regulations. CFTC's final rules remove the 80-character submission standard, replacing it with a FIXML standard. The required FIXML position message includes a large set of instrument characteristics as well as unique contract identifiers, Unique Contract Identifiers must be provided to Reporting Firms by the exchange where the positions are held. 

CME, CBOT, NYMEX, and COMEX (each an "Exchange" and together the "Exchanges") will be providing Reporting Firms files containing Unique Instrument Codes in compliance with Large Trader Reporting requirements. The Exchanges are offering two methods to download this instrument information, as described in the CME Group Client Systems Wiki.

The Market Regulation Department will be publishing further guidance regarding Large Trader Reporting in subsequent Special Executive Reports as solutions become available.

CFTC's final rules became effective upon publication in the Federal Register on June 3, 2024. Reporting Firms must comply with the CFTC's final rules regarding Large Trader Reporting Requirements two years after publication in the Federal Register.

UpdateiLink 3 CGW Migration - Updated Timeline

† Denotes update to the article

In response to client feedback, CME Group is extending the deadline for iLink 3† CGW migration to Saturday, March 1, 2025.

All customers using the Convenience Gateways (CGW) for order entry must complete their migration to iLink 3 by Saturday, March 1, 2025, including functional certification and session migration as outlined in the client impact assessment

Starting Sunday, March 2, 2025, a charge of $1,000 USD per iLink 2 session per week will be applied to each session that has not yet migrated to iLink 3. For new iLink 3 CGW sessions, Port Activation Charges (PAC) will be applied, but Monthly Inactivity Charges (MIC) will be waived automatically from creation through the end of December 2024. Effective Sunday, April 6, 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:

Please contact Market Regulation Audit Trail Team if you have any questions.

UpdateCME FX Link Messaging Changes - March 2025

† Denotes update to the article

Effective March 2025, with the CME FX Spot+ launch, CME FX Link clients will have the following iLink and MDP 3.0 messaging considerations.

  • Changes to group code (MDP 3.0 tag 1151-SecurityGroup) for the tradable OTC FX Spot legs Instruments.
Changes to Group Code for OTC FX Spot Leg Instruments
Currency Pair Current MDP 3.0 tag 1151- Security Group New MDP 3.0 tag 1151- Security Group
CME FX Spot Leg (tradable)
AUD/USD 01 5A
EUR/USD 01 5E
GBP/USD 01 5B
NZD/USD 10 5N
USD/CAD 01 5C
USD/CHF 01 5S
USD/JPY 01 5J
USD/MXN 01 5M
CME FX Spot Leg (non-tradable)
USD/ZAR 01 No change
USD/CNH 01 No change

Additional information on CME FX Spot+ is available in the client impact assessment.

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

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 are currently available in the New Release environment for customer testing.

MDP 3.0. certification is required to trade the CME FX Spot+. The new AutoCert+ supplemental test suite will be available for customer certification on Monday, December 9, 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+. 

The Straight Through Processing (STP) client impact assessment for CME FX Link and FX Spot+ is available.

CME FX Spot+ Specification Update

The CME FX Spot+ client impact assessment has been updated to reflect the following updates:

  • Updated the Implied Book Depth to 3-deep for CME FX Spot+ Implied Book publication. This change will be available for customer testing in New Release in February 2025.
  • Updated trading schedules for the New Zealand Dollar/US Dollar (NZD/USD)

Decommission of MGEX Markets on CME Globex - June 2025

Effective Sunday, June 29, 2025 (trade date Monday, June 30), 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

Bursa Malaysia Derivatives (BMD) USD Used Cooking Oil FOB Straits (Platts) Futures  - This Week

Effective this 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.

Listing Bitcoin Friday Futures Intercommodity Ratio Spreads - This Week

Effective this Sunday, December 15 (trade date Monday, December 16), the following Bitcoin Friday futures inter-commodity ratio spread will be listed on CME Globex:

Listing Bitcoin Friday Futures Inter-commodity Ratio Spreads
Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
MDP 3.0 tag 1151 - Security Group
Tag 762- SecuritySubType Listing Rules Implication Eligibility
Bitcoin Friday Futures - Micro Bitcoin Futures Inter-commodity Ratio Spread BFF-MBT BF AE (Fixed Price Ratio Inter-Commodity) All combination No

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

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

Listing NYMEX Inter-commodity Spreads in Certain Crude Grades - This Week

Effective this Sunday, December 15 (trade date Monday, December 16), the following Crude Grade inter-commodity spreads will be listed for trading on CME Globex.

Listing WTI Trade Month Futures Spreads
Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
MDP 3.0 tag 1151 - Security Group
Tag 762-
SecuritySubType
WTI Houston (Argus) vs. WTI Trade Month Futures (HTT) / WTI Ex-Pipe (Argus) vs. WTI Trade Month Futures (XTT) HTT CC IS (Inter-Commodity Futures)
XS (Inter-Commodity Strip)
WTI Ex-Pipe (Argus) vs. WTI Trade Month Futures (XTT) / WTI Midland (Argus) vs. WTI Trade Month Futures (WTT) XTT

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.

Chicago No1 Busheling Ferrous Scrap (Fastmarkets) Futures - This Week

Effective this Sunday, December 15 (trade date Monday, December 16.), pending completion of all regulatory review periods, Chicago No1 Busheling Ferrous Scrap (Fastmarkets) futures  will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

Chicago No1 Busheling Ferrous Scrap (Fastmarkets) Futures
PRODUCT MDP 3.0: TAG 6937-ASSET ILINK: TAG 55-SYMBOL
MDP 3.0 TAG 1151 - SECURITY GROUP
Tag 762-SecuritySubType MARKET DATA CHANNEL
MDP 3.0 TAG 1180 - APPLID
Chicago No1 Busheling Ferrous Scrap (Fastmarkets) futures BCH MA IS (Inter-Commodity Futures)
AE (Fixed Price Ratio Inter-Commodity)
SP (Standard Calendar)
SA (Average Price Strip)
360

These Chicago No1 Busheling Ferrous Scrap (Fastmarkets) futures are currently available for customer testing in New Release.

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

Gulf Coast UCO (Argus) and 60,000 Pound Futures - This Week

Effective this Sunday, December 15 (trade date Monday, December 16), pending completion of all regulatory review periods, Gulf Coast UCO (Argus) Futures and Gulf Coast UCO (Argus) (60,000 lb) futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

Gulf Coast UCO (Argus) and 60,000 Pound 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
Gulf Coast UCO (Argus) Futures UCO CP 382
Gulf Coast UCO (Argus) (60,000 lb) Futures LBU CP 382

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.

Sour Crude Oil BALMO Futures - This Week

Effective this Sunday, December 15 (trade date Monday, December 16), pending completion of all regulatory review periods, the following Sour Crude Oil BALMO futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

Sour Crude Oil BALMO 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
Mars (Argus) vs. WTI Trade Month BALMO Futures  YVB CC 382
WCS Houston (Argus) vs. WTI Trade Month BALMO Futures BWH CC 382
WCS Cushing (Argus) vs. WTI Trade Month BALMO Futures WNB CC 382
Southern Green Canyon (Argus) vs. WTI Trade Month BALMO Futures SCB CC 382

These Sour Crude Oil BALMO futures are currently available for customer testing in New Release.

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

Expansion of Derived Block Support for Bloomberg Credit Futures on Streamlined Market Data for Block Trades - This Week

Effective this Sunday, December 15 (trade date Monday, December 16), Streamlined Market Data for Block Trades will publish derived blocks for Bloomberg Credit Futures. The derived blocks will allow block liquidity providers to privately negotiate a basis with their client, agree on the hedge execution algorithm, execute the hedge and submit the derived block for clearing once the actual price is determined based on the hedges.

Derived Block Support for Bloomberg Credit Futures
PRODUCT MDP 3.0: TAG 6937-ASSET ILINK: TAG 55-SYMBOL
MDP 3.0 TAG 1151 - SECURITY GROUP
Bloomberg U.S. Corporate Investment Grade Index Futures IQB CE
Bloomberg U.S. Corporate High Yield Very Liquid Index Futures HYB CE
Bloomberg IG Duration-Hedged Credit Futures DHB CE

The derived blocks are currently available for customer testing in New Release.

For additional information on the change, please review the Special Executive Report (SER-9449)

Expansion of Derived Block Support for Certain Equity Index Futures on Streamlined Market Data for Block Trades - This Week

Effective this Sunday, December 15 (trade date Monday, December 16), Streamlined Market Data for Block Trades will publish derived blocks for certain Equity Index Futures. The derived blocks will allow block liquidity providers to privately negotiate a basis with their client, agree on the hedge execution algorithm, execute the hedge and submit the derived block for clearing once the actual price is determined based on the hedges. 

Derived Block Support for Certain Equity Index Futures
PRODUCT MDP 3.0: TAG 6937-ASSET ILINK: TAG 55-SYMBOL
MDP 3.0 TAG 1151 - SECURITY GROUP
E-mini Russell 1000 Index Futures RS1 RL
E-mini Standard and Poor's Midcap 400 Stock Price Index Futures EMD MC
E-mini S&P Smallcap 600 Index Futures SMC SC
E-mini Russell 2000 Growth Index Futures R2G RA
E-mini Russell 2000 Value Index Futures R2V RC
E-mini Russell 1000 Growth Index Futures RSG RG
E-mini Russell 1000 Value Index Futures RSV RV
S&P 500 Growth Index Futures SG SG
S&P 500 Value Index Futures SU SU
E-mini S&P 500 Equal Weight Index Futures EWF WE
E-mini S&P 500 ESG Index Futures ESG S4
E-mini S&P Europe 350 ESG Index Futures E3G EU

The derived blocks are currently available for customer testing in New Release.

For additional information on the change, please review the Special Executive Report (SER-9450)

CME Term €STR (beta) Reference Rates - This Week

Effective this Monday, December 16, CME Term €STR (beta) Reference Rates will be added on CME Globex via MDP on the CME Globex Interest Rate Futures Channel (Channel 312) and MDP Streamline Benchmark Premium Channel (Channel 261).

CME Term €STR (beta) Reference Rates, available daily in 1-month, 3-month, 6-month and 12-month tenors, provide an indicative, forward-looking measurement of €STR rates based on market expectations implied from activity in the leading €STR derivatives market. The rates are designed to reflect the forward-looking wholesale euro unsecured overnight borrowing costs of banks located in the eurozone.

CME Term €STR (beta) Reference Rates are currently published daily on the CME Group Website, at 11am Central European Time.

CME Term €STR (beta) Reference Rates
Index Name 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
1-Month CME Term €STR ETR1 04 261
312
3-Month CME Term €STR ETR3
6-Month CME Term €STR ETR6
12-Month CME Term €STR ET1Y

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

OB30C Mortgage Rate Futures and Spreads - January 13, 2025

Effective Sunday, January 12, 2025 (trade date Monday, January 13, 2025), pending completion of all regulatory review periods, Mortgage Rate (OB30C) futures and spreads will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

30-Year Mortgage Rate Futures and Spreads
PRODUCT MDP 3.0: TAG 6937-ASSET ILINK: TAG 55-SYMBOL
MDP 3.0 TAG 1151 - SECURITY GROUP
Tag 762-
SecuritySubType
MARKET DATA CHANNEL
MDP 3.0 TAG 1180 - APPLID
Mortgage Rate (OB30C) Futures MGE MR RT (Reduced Tick)
IV (Implied Intercommodity)
344

These futures and spreads will be available for customer testing in New Release on Sunday, December 15.

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

UpdateBTIC on Duration Hedged Corporate Bond Futures - January 12

† Denotes update to the article

Effective †Sunday, January 12 (trade date Monday, January 13), pending completion of all regulatory review periods, BTIC on Duration Hedged Corporate Bond futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

BTIC on Duration Hedged Corporate Bond 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 Duration-Hedged Credit Futures DHBT CG 344

† These futures are currently available for customer testing in New Release for CME Globex. The New Release availability for CME ClearPort has been postponed and will be announced in future CME Globex notices.

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

New1-Ounce Gold Futures  January 12, 2025

Effective Sunday, January 12, 2025 (trade date Monday, January 13, 2025), pending completion of all regulatory review periods, 1-Ounce Gold Futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

1-Ounce Gold Futures

PRODUCT MDP 3.0: TAG 6937-ASSET ILINK: TAG 55-SYMBOL
MDP 3.0 TAG 1151 - SECURITY GROUP
Tag 762-
SecuritySubType
MARKET DATA CHANNEL
MDP 3.0 TAG 1180 - APPLID
1-Ounce Gold Futures 1OZ GC SP - Standard Calendar Spread 360

These futures will be available for customer testing in New Release on Monday, December 16.

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

EUR/USD Cross-Currency Basis Futures - February 2, 2025

Effective Sunday, February 2, 2025 (trade date Monday, February 3, 2025), pending completion of all regulatory review periods, EUR/USD Cross-Currency Basis futures and spreads will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

EUR/USD Cross-Currency Basis Futures
PRODUCT MDP 3.0: TAG 6937-ASSET ILINK: TAG 55-SYMBOL
MDP 3.0 TAG 1151 - SECURITY GROUP
Tag 762-
SecuritySubType
MARKET DATA CHANNEL
MDP 3.0 TAG 1180 - APPLID
EUR/USD Cross Currency Basis Futures XEU ZE SP (Standard Calendar Spread) 312

These futures will be available for customer testing in New Release on Sunday, January 12, 2025.

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

Product Changes

Listing Cycle Expansion for New Crop Weekly Options on Corn and Soybean Futures - This Week

Effective this Sunday, December 15 (trade date Monday December 16), the listing cycle for the following New Crop Weekly options on Corn and Soybean futures will be expanded on CME Globex.

Listing Cycle Expansion for New Crop Weekly Options on Corn and Soybean Futures
Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
MDP 3.0 tag 1151 - Security Group
Current Listing Schedule New Listing Schedule
New Crop Weekly Options on Corn Futures CN1-CN5 OC Weekly contracts listed for 3 consecutive weeks from Feb-Aug.
No weekly contract listed the same week as the monthly option expiration.
Weekly contracts listed for three consecutive weeks. No options listed for the week a monthly Short Dated New Crop option expires. The underlying futures contract is the December futures contract that is nearest to the expiration of the option until the termination of trading of the current year's standard September options, at which point the underlying becomes the next year's December futures contract.
New Crop Weekly Options on Soybean Futures SN1-SN5 SQ Weekly contracts listed for 3 consecutive weeks from Feb-Aug.

 

No weekly contract listed the same week as the monthly option expiration.


Weekly contracts listed for three consecutive weeks. No options listed for the week a monthly Short Dated New Crop option expires. The underlying futures contract is the November futures contract that is nearest to the expiration of the option until the termination of trading of the current year's standard September options, at which point the underlying becomes the next year's November futures contract.

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

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

Fix Tag Changes for New Zealand Dollar/U.S. Dollar on FX Link - December 22

Effective Sunday, December 22 (trade date Monday, December 23), the MDP 3.0 tag 1151 - Security Group FIX tag will be changed for New Zealand Dollar/U.S. Dollar on FX Link.

Fix Tag Changes forNew Zealand Dollar/U.S. Dollar on FX Link
Product MDP 3.0: tag 6937-Asset Current
MDP 3.0 tag 1151 - Security Group
New
MDP 3.0 tag 1151 - Security Group
New Zealand Dollar/U.S. Dollar FX Link NZDUSD 6F 6N

This change will be available for customer testing in New Release on Sunday, December 15.

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

NewDelisting and Removal of CBL Core Global Emissions Offset (C-GEO) Futures - December 30

On Monday, December 30, the following CBL Core Global Emissions Offset (C-GEO) futures will be delisted, and effective close of business Friday, January 3, these futures will be removed from CME Globex.

Delisting and Removal of CBL Core Global Emissions Offset (C-GEO) Futures
Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
MDP 3.0 tag 1151 - Security Group
CBL Core Global Emissions Offset (C-GEO) Futures CGO VX

These futures currently have no open interest.

NewChange to Strike Price Listing for Bitcoin and Micro Bitcoin Monthly and Weekly Options - Janauary 26, 2025

Effective Sunday, January 26, 2025 (trade date Monday January 27.), the strike price listing rule will be changed for Bitcoin and Micro Bitcoin Monthly and Weekly options and will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

Change to Strike Price Listing for Bitcoin and Micro Bitcoin Monthly and Weekly Options
Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
MDP 3.0 tag 1151 - Security Group
Current Strike Price Listing New Strike Price Listing
Monthly Options on Bitcoin Futures & Weekly Options on Bitcoin Futures BTC, P1A-P5A, P1B-P5B, P1C-P5C, P1D-P5D, P1E-P5E B2 Prelisted strikes at $100,000, $50,000, $10,000, $5,000 and $1,000 bitcoin increment.
Strikes listed for 300% above the at-the-money strike and 100% below the at-the-money strike at:
• $100,000 bitcoin increment for underlying settlement above $500,000
• $50,000 bitcoin increment for underlying settlement at or below $500,000
• $10,000 bitcoin increment for underlying settlement at or below $100,000
• $5,000 bitcoin increment for underlying settlement at or below $50,000
• $1,000 bitcoin increment for underlying settlement at or below $10,000
• $500 bitcoin increment for underlying settlement at or below $5,000
When less than 210 days remain until expiration (DTE), additional strikes listed for 75% above the at-the-money strike and 25% below the at-the-money strike at:
• $10,000 bitcoin increment for underlying settlement above $500,000
• $5,000 bitcoin increment for underlying settlement at or below $500,000
• $1,000 bitcoin increment for underlying settlement at or below $100,000
• $100 bitcoin increment for underlying settlement at or below $10,000
• $50 bitcoin increment for underlying settlement at or below $5,000
When less than 21 days remain until expiration (DTE), additional strikes listed for 15% above the at-the-money strike and 5% below the at-the-money strike at:
• $5,000 bitcoin increment for underlying settlement above $500,000
• $2,500 bitcoin increment for underlying settlement at or below $500,000
• $500 bitcoin increment for underlying settlement at or below $100,000
• $250 bitcoin increment for underlying settlement at or below $50,000
• $50 bitcoin increment for underlying settlement at or below $10,000
Prelisted strikes at $100,000, $50,000, $10,000, $5,000 and $1,000 bitcoin increment.
Strikes listed for 300% above the at-the-money strike and 100% below the at-the-money strike at:
• $100,000 bitcoin increment for underlying settlement above $500,000
• $50,000 bitcoin increment for underlying settlement at or below $500,000
• $10,000 bitcoin increment for underlying settlement at or below $100,000
• $5,000 bitcoin increment for underlying settlement at or below $50,000
• $1,000 bitcoin increment for underlying settlement at or below $10,000<
• $500 bitcoin increment for underlying settlement at or below $5,000

When less than 210 days remain until expiration (DTE), additional strikes listed for 75% above the at-the-money strike and 25% below the at-the-money strike at:
• $10,000 bitcoin increment for underlying settlement above $500,000
• $5,000 bitcoin increment for underlying settlement at or below $500,000
• $1,000 bitcoin increment for underlying settlement at or below $100,000
• $100 bitcoin increment for underlying settlement at or below $10,000
• $50 bitcoin increment for underlying settlement at or below $5,000
When less than 21 days remain until expiration (DTE), additional strikes listed for 15% above the at-the-money strike and 5% below the at-the-money strike at:
• $5,000 bitcoin increment for underlying settlement above $500,000
• $2,500 bitcoin increment for underlying settlement at or below $500,000
•$1000 bitcoin increment for underlying settlement at or below $100,000
• $500 bitcoin increment for underlying settlement at or below $75,000
• $250 bitcoin increment for underlying settlement at or below $50,000
• $50 bitcoin increment for underlying settlement at or below $10,000
Monthly Options on Micro Bitcoin Futures & Weekly Options on Micro Bitcoin Futures WM, W1A-W5A, W1B-W5B, W1C-W5C, W1D-W5D, W1E-W5E B1

These options will be available for customer testing in New Release on Sunday, January 12

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

NewChange to Strike Price Listing and Enable Implication for Dutch TTF Natural Gas Options - January 26, 2025

Effective Sunday, January 26, 2025 (trade date Monday, January 27), the strike price listing rule will be changed and implication for UDS will be enabled for Dutch TTF Natural Gas options and will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

Change to Strike Price Listing and Enable Implication for Dutch TTF Natural Gas Options
Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
MDP 3.0 tag 1151 - Security Group
Current Implication New Implication Current Strike Price Listing Rule New Strike Price Listing Rule
Dutch TTF Natural Gas Futures-Style Margined Financial Calendar Month Option TTL T3 Off On for UDS only Minimum at-the-money strike plus dynamic strikes at €0.005 per MWh strike increment for the nearest 12 monthly contracts.
Dynamic strikes only at €0.005 per MWh strike increment for monthly contracts 13+.
Minimum 25 strikes above and below at-the-money strike at €1.00 per MWh strike increment then 10 strikes above and below the highest and lowest €1.00 increment strikes at €5.00 per MWh strike increment plus dynamic strikes at €0.50 per MWh for the nearest 12 monthly contracts.
Dynamic strikes only at €0.50 per MWh strike increment for monthly contracts 13+.
Dutch TTF Natural Gas Futures-Style Margined Calendar Month Option TFO T3 Off On for UDS only Minimum at-the-money strike plus dynamic strikes at €0.005 per MWh strike increment for the nearest 12 monthly contracts.
Dynamic strikes only at €0.005 per MWh strike increment for monthly contracts 13+.
Minimum 25 strikes above and below at-the-money strike at €1.00 per MWh strike increment then 10 strikes above and below the highest and lowest €1.00 increment strikes at €5.00 per MWh strike increment plus dynamic strikes at €0.50 per MWh for the nearest 12 monthly contracts.
Dynamic strikes only at €0.50 per MWh strike increment for monthly contracts 13+.
Dutch TTF Natural Gas Calendar Month Option TTO T3 Off On for UDS only Minimum at-the-money strike plus dynamic strikes at €0.005 per MWh strike increment for the nearest 12 monthly contracts.
Dynamic strikes only at €0.005 per MWh strike increment for monthly contracts 13+.
Minimum 25 strikes above and below at-the-money strike at €1.00 per MWh strike increment then 10 strikes above and below the highest and lowest €1.00 increment strikes at €5.00 per MWh strike increment plus dynamic strikes at €0.50 per MWh for the nearest 12 monthly contracts.
Dynamic strikes only at €0.50 per MWh strike increment for monthly contracts 13+.

These changes will be available for customer testing in New Release on Sunday, January 12.

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

Events and Announcements

Bullish Joins CME CF Cryptocurrency Indices - December 30

On Monday, December 30, at 0600 Coordinated Universal Time (UTC), Bullish market data will be included in the CME CF Bitcoin Reference Rates (BRR, BRRNY, BRRAP) and Real-Time Index (BRTI). The CME CF Reference Rates are used to settle CME Group Cryptocurrency futures. CF Benchmarks, the leading cryptocurrency index provider, is the Administrator for the CME CF Cryptocurrency Indices.

For more information, please visit the CME CF Cryptocurrency Indices webpage.

CME STP FIX API on Google Cloud - February 16, 2025

Effective Sunday, February 16, 2025 (trade date Monday, February 17, 2025) CME STP FIX API service will be available on Google Cloud.

View the client impact assessment for additional information.

CME STP FIX API on Google Cloud will be available in New Release on Wednesday, January 8, 2025.

CME STP FIXML on Google Cloud - March 31, 2025

Effective Monday, March 31, all client systems must complete a mandatory certification of regional switch processing for CME STP FIXML on Google Cloud.

This certification is not a prerequisite for clients migrating to CME STP FIXML on Google Cloud.

View the client impact assessment for additional information.

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

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