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 and are available bi-weekly at 9 a.m. CT Thursdays.
Critical Updates
CME Globex on Google Cloud
Technical content is now available for the planned Globex migration to Google Cloud, including:
Dual Zones Overview, including zone swap and maintenance information
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. Beginning on Monday, February 24, the Unique Instrument Codes will be available in firms outgoing SFTP folder and will have the following naming convention: CME_UICPART17.csv.
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.
MDP 3.0 SBE Schema Update - This Week
Effective this Friday, January 31, CME Group will decommission the legacy TCP instance.
Please Note: Contents of the config_new.xml file will overwrite contents of the config.xml file and become the current file.
Please review the client impact assessment for full technical details and launch schedule.
NewChange to Gross Trade Amount and Calculated Counter Currency Last Quantity for CME FX Link - February 9
Effective Sunday, February 9 (trade date Monday, February 10), CME Group will begin supporting the decimalized price precision of the actual OTC Spot FX leg fill price, in notional quantity for base and counter currency, on the iLink fills for the OTC Spot FX leg instruments.
- Tag 381 - GrossTradeAmt
- Tag 1056 - CalcCcyLastQty
Currently, the notional quantities for OTC Spot FX legs are supported with a precision of two decimal places only if the notional quantities are decimal values. With this launch, the notional values will always be supported with a precision of two decimal places regardless if the notional quantities are decimal values.
| CME FX Link Gross Trade Amount and Calculated Counter Currency Last Quantity Change | ||||
|---|---|---|---|---|
| Product | iLihnk: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
iLink: tag | Current tag value | New tag value |
| OTC Spot FX leg | 01, 10 | 381-GrossTradeAmt 1056-CalcCcyLastQty |
10500 | 10500.00 |
| 10500.6 | 10500.60 | |||
| 10500.67 | No change | |||
This change will apply to both iLink 2.x and iLink 3 customers. For iLink 3, this change will be launched in production using the current schema version8.
In addition to iLink order entry, the corresponding changes will be applied on the CME Drop Copy Service message payload.
This change is currently available for customer testing in New Release.
iLink 3 CGW Migration - Updated Timeline
In response to client feedback, CME Group is extending the deadline for iLink 3 CGW migration to Saturday, March 1.
All customers using the Convenience Gateways (CGW) for order entry must complete their migration to iLink 3 by Saturday, March 1, including functional certification and session migration as outlined in the client impact assessment.
Starting Sunday, March 2, 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, 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.
UpdateCME FX Link Messaging Changes - March 9
† Denotes update to the article
Effective †Sunday, March 9 (trade date Monday, March 10), with the CME FX Spot+ pre-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 |
- All OTC FX Spot legs will move from MDP 3.0 Channel 314 to 330. The new MDP channel 330 will utilize the schema version 13. The FX Link spread and the futures legs of FX Link will remain on channel 314.
- MDP 3.0 Security Definition (tag 35-MsgType=d) for all OTC FX Spot legs will reflect notional terms for all quantity fields.
- Changes in the Minimum Price Increment, Price Precision and Display Factor for the OTC FX Spot leg traded as part of the CME FX Link spread. Please refer to the product attributes for more information on these changes.
† Effective Sunday, April 13 (trade date Monday, April 14), with the CME FX Spot+ launch, CME FX Link clients will have the following iLink and MDP 3.0 messaging considerations.
- MDP 3.0 Security Definition (tag 35-MsgType=d) for all OTC FX Spot legs will reflect notional terms for all quantity fields.
- The update to all OTC FX Spot legs electronic volume will be disseminated on the new MDP 3.0 channel 330.
- A new tag 1795-NoOrderEvents repeating group will be added to the iLink Execution Report Trade Spread Leg message for all OTC Spot FX legs instruments.
iLink 3 quantity fields (e.g. tag 32-LastQty) in the iLink Execution Report Trade Spread Leg for all OTC Spot FX legs instruments will contain notional quantity instead of lot size.
Additional information on CME FX Spot+ is available in the client impact assessment.
These changes are now available for customer testing in New Release.
UpdateCME Globex MDP 3.0 Channel 315 Decommission - March 28
† Denotes update to the article
Effective close of business † Friday, March 28, CME MDP 3.0 Channel 315 will be decommissioned. Currently the channel only disseminates Admin Heartbeat (35-MsgType=0) messages. Additionally, references to channel 315 will be removed from the config.xml file located on the FTP/SFTP Site for the Production and New Release environments.
| MDP 3.0 Channel 315 | ||
|---|---|---|
| CHANNEL NAME | CHANNEL ID | FTP INFORMATION |
| CME Globex FX Options | 315 | SFTP - MDP Configuration
|
UpdateCME FX Spot+ - April 13
† Denotes update to the article
Effective Sunday, April 13 (trade date Monday, April 14), 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 is currently available for customer certification.
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.
†Pre-Launch:
Effective Sunday, March 9 (trade date Monday, March 10), CME Group will pre-launch the FX Spot+ instruments. With this pre-launch, the FX Spot + instruments will not be tradeable, and the Security Definition (35-MsgType=d) will be the only MDP3 messages available.
MDP 3.0 Security Definition (tag 35-MsgType=d) for all FX Spot + instruments will reflect:
- New group code (MDP 3.0 tag 1151-SecurityGroup)
- Minimum Price Increment
- Price Precision
- Display Factor
Please refer to the product attributes for more information on these changes.
All OTC FX Spot legs will move from MDP 3.0 Channel 314 to 330. The new MDP channel 330 will utilize the schema version 13. MDP configuration (i.e. Port, multicast addresses, and source IPs) for channel 330 will be available in the config.xml file located on the CME FTP and SFTP Site starting Sunday, February 9.
Mock Trading Session:
To support customer experience with the CME FX Spot+ in the CME Globex production environment, CME Group will offer customer mock trading sessions on:
- Saturday, March 29
Customers are required to register in advance in order to participate in the mock trading sessions. Further information on the mock trading sessions will be published in future CME Globex Notices.
CME FX Spot+ Specification Update
The CME FX Spot+ client impact assessment has been updated to reflect the following updates:
†Updated the FX Spot + key events and dates under the CME FX Spot Plus Launch Schedule section.
Decommission of MGEX Markets on CME Globex - June 29
Effective Sunday, June 29 (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
Chicago No1 Busheling Ferrous Scrap (Fastmarkets) Options - This Week
Effective this Sunday, February 2 (trade date Monday, February 3.), pending completion of all regulatory review periods, Chicago No1 Busheling Ferrous Scrap (Fastmarkets) options will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.
| Chicago No1 Busheling Ferrous Scrap (Fastmarkets) Options | ||||
|---|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP |
ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP (UDS) |
MARKET DATA CHANNEL MDP 3.0 TAG 1180 - APPLID |
| Chicago No1 Busheling Ferrous Scrap (Fastmarkets) Option | CHX | AD | AE | 361 |
These Chicago No1 Busheling Ferrous Scrap (Fastmarkets) options are currently available for customer testing in New Release.
This contract is listed with, and subject to, the rules and regulations of COMEX.
Platinum and Palladium Weekly Friday Options - This Week
Effective this Sunday, February 2 (trade date Monday, February 3), pending completion of all regulatory review periods, Platinum and Palladium Weekly Friday options will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.
| Platinum and Palladium Weekly Friday Options | |||
|---|---|---|---|
| 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 |
| Platinum Weekly Friday Option | P1L, P2L, P3L, P4L, P5L | P0 (UDS P1) | 385 |
| Palladium Weekly Friday Option | PE1, PE2, PE3, PE4, PE5 | P3 (UDS P4) | |
These options are currently available for customer testing in New Release.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
EUR/USD Cross-Currency Basis Futures - This Week
Effective this Sunday, February 2 (trade date Monday, February 3), 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 are currently available for customer testing in New Release.
These contracts are listed with, and subject to, the rules and regulations of CME.
UpdateDenatured Fuel Ethanol Futures and Option - This Week
† Denotes update to the article
Effective this Sunday, February 2 (trade date Monday, February 3), pending completion of all regulatory review periods, Ethanol futures and options will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.
| Denatured Fuel Ethanol Futures and Option | ||||
|---|---|---|---|---|
| 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 |
| Denatured Fuel Ethanol Futures | EL | EV | SP - Standard Calendar Spread
IS - Inter-Commodity |
382 |
| Denatured Fuel Ethanol Option | OEL | E1 (UDS E4) | n/a | 383 |
These futures and options are available for customer testing in New Release.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
Monday - Thursday Grains and Oilseed Weekly Options - February 9
Effective Sunday, February 9 (trade date Monday, February 10), pending completion of all regulatory review periods, the following Monday - Thursday Grains and Oilseed Weekly options will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.
| Monday - Thursday Grains and Oilseed Weekly Options | |||
|---|---|---|---|
| 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 |
| Corn Monday Weekly Options - Weeks 1-5 | 1CA - 5CA | Outrights: OC; UDS: CY | 341 |
| Corn Tuesday Weekly Options - Weeks 1-5 | 1BC - 5BC | Outrights: OC; UDS: CY | 341 |
| Corn Wednesday Weekly Options - Weeks 1-5 | 1CW - 5CW | Outrights: OC; UDS: CY | 341 |
| Corn Thursday Weekly Options - Weeks 1-5 | 1HC - 5HC | Outrights: OC; UDS: CY | 341 |
| Soybean Monday Weekly Options - Weeks 1-5 | 1SA - 5SA | Outrights: SQ; UDS: PZ | 341 |
| Soybean Tuesday Weekly Options - Weeks 1-5 | 1SB - 5SB | Outrights: SQ; UDS: PZ | 341 |
| Soybean Wednesday Weekly Options - Weeks 1-5 | 1SC - 5SC | Outrights: SQ; UDS: PZ | 341 |
| Soybean Thursday Weekly Options - Weeks 1-5 | 1SD - 5SD | Outrights: SQ; UDS: PZ | 341 |
| Wheat Monday Weekly Options - Weeks 1-5 | 1WA - 5WA | Outrights: OW; UDS: WZ | 341 |
| Wheat Tuesday Weekly Options - Weeks 1-5 | 1WB - 5WB | Outrights: OW; UDS: WZ | 341 |
| Wheat Wednesday Weekly Options - Weeks 1-5 | 1WC - 5WC | Outrights: OW; UDS: WZ | 341 |
| Wheat Thursday Weekly Options - Weeks 1-5 | 1WD - 5WD | Outrights: OW; UDS: WZ | 341 |
| Soybean Oil Monday Weekly Options - Weeks 1-5 | 1OA - 5OA | Outrights: 0O(zero-O); UDS: OZ | 341 |
| Soybean Oil Tuesday Weekly Options - Weeks 1-5 | 1OB - 5OB | Outrights: 0O(zero-O); UDS: OZ | 341 |
| Soybean Oil Wednesday Weekly Options - Weeks 1-5 | 1OC - 5OC | Outrights: 0O(zero-O); UDS: OZ | 341 |
| Soybean Oil Thursday Weekly Options - Weeks 1-5 | 1OD - 5OD | Outrights: 0O(zero-O); UDS: OZ | 341 |
| Soybean Meal Monday Weekly Options - Weeks 1-5 | 1MA - 5MA | Outrights: ML; UDS: MY | 341 |
| Soybean Meal Tuesday Weekly Options - Weeks 1-5 | 1MB - 5MB | Outrights: ML; UDS: MY | 341 |
| Soybean Meal Wednesday Weekly Options - Weeks 1-5 | 1MC - 5MC | Outrights: ML; UDS: MY | 341 |
| Soybean Meal Thursday Weekly Options - Weeks 1-5 | 1MD - 5MD | Outrights: ML; UDS: MY | 341 |
These weekly options will be available for customer testing in New Release on Sunday, February 2.
These contracts are listed with, and subject to, the rules and regulations of CBOT.
NewOptions on Bitcoin Friday Futures - February 23
Effective Sunday, February 23 (trade date Monday, February 24), pending completion of all regulatory review periods, options on Bitcoin Friday futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.
| Options on Bitcoin Friday Futures | ||||
|---|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILhINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP |
MARKET DATA CHANNEL MDP 3.0 TAG 1180 - APPLID |
Alias Strike Format Examples |
| Options on Bitcoin Friday Futures | BFF | E5-outrights; E6-UDS | 327 | ITC: BFFG524_C108500_G528 |
These options on Bitcoin Friday futures will be available for customer testing in New Release on Monday, February 9.
These contracts are listed with, and subject to, the rules and regulations of CME.
Product Changes
Renaming and Strike Price Listing Change for Grain and Oilseed Weekly Options - February 9
Effective Sunday, February 9 (trade date Monday, February 10), pending completion of all regulatory review periods, Grain and Oilseeds Weekly options will be renamed and the strike price listing rule will be changed on CME Globex and for submission for clearing via CME ClearPort.
| Renaming and Strike Price Listing Change for Grain and Oilseed Weekly Options | |||||
|---|---|---|---|---|---|
| Current Product Name | New Product Name | MDP 3.0: TAG 6937-ASSET | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP | Current Strike Listing Rules | New Strike Listing Rules |
| Corn Weekly Options - Week 1-5 | Corn Friday Weekly Options - Week 1-5 | ZC1-ZC5 | OC | Strikes listed for 25% of the underlying settlement price above and below the at-the-money strike at $0.05 per bushel increment plus dynamic strikes at $0.05 per bushel increment above and below the highest and lowest pre-listed strikes. | Strikes listed for 20% of the underlying settlement price above and below the at-the-money strike at $0.05 per bushel increment plus dynamic strikes at $0.05 per bushel increment above and below the highest and lowest pre-listed strikes. Additional strikes listed for 5% of the underlying settlement price above and below the at-the-money strike at $0.01 per bushel increment for the nearest contract. |
| Soybean Weekly Options - Week 1-5 | Soybean Friday Weekly Options - Week 1-5 | ZS1-ZS5 | SQ | Strikes listed for 25% of the underlying settlement price above and below the at-the-money strike at $0.10 per bushel strike increment plus dynamic strikes at $0.10 per bushel strike increment above and below the highest and lowest pre-listed strikes. | Strikes listed for 20% of the underlying settlement price above and below the at-the-money strike at $0.10 per bushel increment plus dynamic strikes at $0.10 per bushel increment above and below the highest and lowest pre-listed strikes. Additional strikes listed for 5% of the underlying settlement price above and below the at-the-money strike at $0.02 per bushel increment plus dynamic strikes at $0.02 per bushel increment above and below the highest and lowest pre-listed strikes for the nearest contract. |
| Wheat Weekly Options - Week 1-5 | Wheat Friday Weekly Options - Week 1-5 | ZW1-ZW5 | OW | Strikes listed for 25% of the underlying settlement price above and below the at-the-money strike at $0.05 per bushel increment plus dynamic strikes at $0.05 per bushel increment above and below the highest and lowest pre-listed strikes. | Strikes listed for 20% of the underlying settlement price above and below the at-the-money strike at $0.05 per bushel increment plus dynamic strikes at $0.05 per bushel increment above and below the highest and lowest pre-listed strikes. Additional strikes listed for 5% of the underlying settlement price above and below the at-the-money strike at $0.02 per bushel increment for the nearest contract. |
| Soybean Oil Weekly Options - Week 1-5 | Soybean Oil Friday Weekly Options - Week 1-5 | ZL1-ZL5 | 0O | Strikes listed for 50% of the underlying settlement price above and below the at-the-money strike at $0.005 per pound increment plus dynamic strikes at $0.005 per pound increment above and below the highest and lowest pre-listed strikes. | Strikes listed for 20% of the underlying settlement price above and below the at-the-money strike at $0.005 per pound increment plus dynamic strikes at $0.005 per pound increment above and below the highest and lowest pre-listed strikes. Additional strikes listed for 5% of the underlying settlement price above and below the at-the-money strike at $0.0025 per pound increment for the nearest contract. |
| Soybean Meal Weekly Options - Week 1-5 | Soybean Meal Friday Weekly Options - Week 1-5 | ZM1-ZM5 | ML | Strikes listed for 50% of the underlying settlement price above and below the at-the-money strike at $5.00 per ton increment plus dynamic strikes at $10.00 per ton increment above and below the highest and lowest pre-listed strikes. | Strikes listed for 20% of the underlying settlement price above and below the at-the-money strike at $5.00 per ton increment for strikes below $200.00 and $10.00 per ton increment for strikes equal to or higher than $200.00 plus dynamic strikes at $10.00 per ton increment above and below the highest and lowest pre-listed strikes. Additional strikes listed for 5% of the underlying settlement price above and below the at-the-money strike at $1.00 per ton increment for the nearest contract. |
| KC HRW Wheat Weekly Options - Weeks 1-5 | KC HRW Wheat Friday Weekly Options - Weeks 1-5 | OE1-OE5 | OK | Strikes listed for 25% of the underlying settlement price above and below the at-the-money strike at $0.05 per bushel increment plus dynamic strikes at $0.05 per bushel increment above and below the highest and lowest pre-listed strikes. | Strikes listed for 20% of the underlying settlement price above and below the at-the-money strike at $0.05 per bushel increment plus dynamic strikes at $0.05 per bushel increment above and below the highest and lowest pre-listed strikes. |
These changes are available for customer testing in New Release.
These contracts are listed with, and subject to, the rules and regulations of CBOT.
Resting Order Elimination: Changes to External Instrument Name for Soybean Oil Options - February 9
Effective Sunday, February 9 (trade date Monday, February 10), the strike price in the external instrument for Soybean Oil options will be expanded on CME Globex.
The external instrument name is provided in MDP 3.0 tag 55-Symbol and iLink tag 107-SecurityDesc. As a reminder, CME Group does not recommend parsing the external instrument name to determine instrument characteristics.
Please Note: tag 202-Strike Price on the MDP 3.0 Security Definition (tag 35-MsgType=d) message will not change.
Please Note: To facilitate this change, customers will be asked to cancel all Good 'Till Cancel (GTC) and Good 'Till Date (GTD) orders for these contracts, including any User- or Exchange-Defined Spreads, by the close on Friday, February 7. After 16:00 CT on Friday, February 7, any remaining GT orders on these markets will be removed by the CME Global Command Center (GCC).
| Changes to Soybean Oil Options | |||||
|---|---|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP |
Strike Price Example | CURRENT EXTERNAL INSTRUMENT NAME FORMAT | NEW EXTERNAL INSTRUMENT NAME FORMAT |
| Soybean Oil Options | OZL | 0O | 275; 280 | OZLF5 C0275; OZLF5 C0280 | OZLF5 C2750; OZLF5 C2800 |
| Soybean Oil Weekly Options - Week 1-5 | ZL1-ZL5 | 0O | 270; 275 | ZL1F5 C0270; ZL1F5 C0275 | ZL1F5 C2700; ZL1F5 C2750 |
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.
Listing Cycle Expansion for LNG Freight Futures - February 9
Effective Sunday, February 9 (trade date Monday, February 10), the listing cycle for the following LNG Freight futures will be expanded on CME Globex.
| Listing Cycle Expansion for LNG Freight 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 |
| LNG Freight Australia to Japan (BLNG1-174) (Baltic) Futures | BG1 | FT | Monthly contracts listed for the current year and the next 2 calendar years. Add monthly contracts for a new calendar year following the termination of trading in the November contract of the current year. |
Monthly contracts listed for the current year and the next 3 calendar years. Add monthly contracts for a new calendar year following the termination of trading in the November contract of the current year. |
| LNG Freight US Gulf to Continent (BLNG2-174) (Baltic) Futures | BG2 | |||
| LNG Freight US Gulf to Japan (BLNG3-174) (Baltic) Futures | BG3 | |||
These changes are currently available for customer testing in New Release.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
Listing Cycle Expansion for Gold and Silver Futures and Options and Copper Option - February 9
Effective Sunday, February 9 (trade date Monday February 10), the listing cycle for the following Gold and Silver futures and options and Copper options will be expanded on CME Globex.
| Listing Cycle Expansion for Gold and Silver Futures and Options and Copper Option | ||||
|---|---|---|---|---|
| Product | MDP 3.0: tag 6937-Asset | iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group |
Current Listing Schedule | New Listing Schedule |
| Gold Option | OG | OG | Monthly contracts listed for 20 consecutive months and any Jun or Dec in the nearest 72 months. | Monthly contracts listed for 22 consecutive months and any Jun or Dec in the nearest 72 months. |
| Silver Option | SO | SO | Monthly contracts listed for 6 consecutive months, 3 months of Mar, May and Sep and any Jul and Dec in the nearest 60 months. | Monthly contracts listed for 22 consecutive months and any Jul or Dec in the nearest 60 months. |
| Copper Option | HXE | 1U | Monthly contracts listed for 22 consecutive months | Monthly contracts listed for 22 consecutive months and any Jul or Dec in the nearest 60 months. |
| Gold Futures | GC | GC | Monthly contracts listed for 3 consecutive months, any Feb, Apr, Aug, Oct in the nearest 23 months and any Jun and Dec in the nearest 72 months | Monthly contracts listed for 24 consecutive months and any Jun and Dec in the nearest 72 months |
| Silver Futures | SI | SI | Monthly contracts listed for 3 consecutive months and any Jan, Mar, May, and Sep in the nearest 23 months and any Jul and Dec in the nearest 60 months | Monthly contracts listed for 24 consecutive months and any Jul and Dec in the nearest 60 months |
These changes are currently available for customer testing in New Release.
These contracts are listed with, and subject to, the rules and regulations of COMEX.
Events and Announcements
CME Globex Futures & Options Messaging Efficiency Program Revision- Auto Waiver Reduction - March 1
To continue to encourage responsible messaging practices, ensure efficient market operations, allow for broad market participation, and foster high quality liquid markets, effective Saturday, March 1, CME Group will reduce the number of auto waivers from two daily auto waivers per product group, per calendar month to one daily auto waiver per product group, per calendar month.
No action on the part of the CME Globex firm is necessary in this regard and any applicable waivers will be applied at the end of each calendar month.
The CME Globex Messaging Efficiency Program creates fair business guidelines by which customers are billed a surcharge for overly high message rates.
CME Globex firms who exceed the benchmark ratios in applicable product groups, and are signed-up accordingly, receive email notifications of any potential surcharges. CME Globex firms who have access to the Firm Administrator Dashboard have the ability to view their messaging statistics on a T+1 basis.
If you have any questions, please contact CME Global Account Management via Email at gam@cmegroup.com or the CME Global Command Center in the U.S. at +1 800 438 8616, in Europe at +44 20 7623 4747, in Asia at +65 6532 5010, or in Japan at +81 3 6733 7559 or via Email at gcc@cmegroup.com.
CME STP FIX API on Google Cloud - Postponed
Previously announced availability of CME STP FIX API service on Google Cloud has been postponed. A new production date will be announced in a future article.
View the client impact assessment for additional information.
CME STP FIX API on Google Cloud is currently available in New Release.
CME STP FIXML on Google Cloud - March 31
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.
