Critical Updates

CME Globex on Google Cloud

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

• Key Events and Dates

• 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.

Change to Gross Trade Amount and Calculated Counter Currency Last Quantity for CME FX Link - This Week

Effective this 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.

UpdateiLink 3 CGW Migration - Updated Timeline - March 1

† 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.

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.

†Please Note: All GTC and GTD orders on iLink 2 sessions must be cancelled and resubmitted on new iLink 3 sessions. Before deleting any iLink 2 sessions, customers must confirm that there are no resting Good 'Till Cancel (GTC) and Good 'Till Date (GTD) orders in Firmsoft. Customers can contact the CME Global Command Center (GCC) at gcc@cmegroup.com or +1 800-438-8616 for order status and cancellation support. After 16:00 Central Time(CT) on Friday, April 4, all remaining GT orders on iLink 2 sessions will be canceled or deleted by the CME Global Command Center (GCC).

CME FX Link Messaging Changes - March 9

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.

CME Globex MDP 3.0 Channel 315 Decommission - March 28

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. †New attributes with populated values will be added to the CME Reference Data API Version 3.

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.

 

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

Monday - Thursday Grains and Oilseed Weekly Options - This Week

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

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

Options 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.

NewMonitoring Instruments - February 23

Effective Sunday, February 23 (trade date Monday, February 24), the following monitoring instruments will be added to the CME Benchmark Administration Premium channels (SBE UDP Multicast channel 261 and GCP SBE). 

These instruments are for CME Group testing purposes only. 

Monitoring Instrument Reference Rates
Product	BENCHMARK PREMIUM TAG 37500-CLEARING PRODUCT CODE	MARKET DATA CHANNEL MDP 3.0 TAG 1180 - ApplID
Monitoring Instrument	#OZ1MT	261
Monitoring Instrument	#OZ3MT
Monitoring Instrument	#OZ6MT
Monitoring Instrument	#OZ1YT

These instruments will be made available in New Release on Thursday, February 20.

NewAgriculture Micro Futures - February 23

Effective Sunday, February 23 (trade date Monday, February 24), pending completion of all regulatory review periods, Micros on Agriculture futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

Agriculture Micro 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
Micro Corn Futures	MZC	ZC	340
Micro Soybean Futures	MZS	ZS	340
Micro Wheat Futures	MZW	ZW	340
Micro Soybean Oil Futures	MZL	ZS	340
Micro Soybean Meal Futures	MZM	ZS	340

The exchange will also list Calendar Spreads strategy = SP and Average Price Equalizer Spread = AE

These Micro Agriculture futures will be available for customer testing in New Release on Monday, February 10.

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

NewHigh Yield Duration-Hedged Credit Products - March 16

Effective Sunday, March 16 (trade date Monday, March 17), pending completion of all regulatory review periods, High Yield Duration-Hedged Credit futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

High Yield Duration-Hedged Credit Products
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
Bloomberg High Yield Duration-Hedged Credit Futures	DHY	CE	RT - Reduced Tick Spread	344
BTIC on Bloomberg High Yield Duration-Hedged Credit Futures	DHYT	CG	N/A

These futures will be available for customer testing in New Release on Sunday, February 23.

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

Product Changes

NewDelisting and Removal of UCO PRIMA Futures - This Week

On Monday, February 3, the following UCO PRIMA futures were delisted, and effective close of business Friday, February 7, these futures will be removed from CME Globex.

Delisting and Removal of UCO PRIMA Futures
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group
UCO T1 CIF ARA Excluding Duty (PRIMA) Futures	UCE	JR
UCO T1 CIF ARA Excluding Duty (PRIMA) vs Low Sulphur Gasoil Futures	USG

These futures currently have no open interest.

Renaming and Strike Price Listing Change for Grain and Oilseed Weekly Options - This Week

Effective this 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 - This Week

Effective this 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 this Friday, February 7. After 16:00 CT this 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 - This Week

Effective this 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 - This Week

Effective this 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.

NewEnable Implied Functionality and Listing Cycle Expansion for Henry Hub Natural Gas Condor Spreads - March 16

Effective Sunday, March 16 (trade date Monday, March 17), the Henry Hub Natural Gas Condor spreads on CME Globex will change as follows:

• Enable Implied Functionality
• Listing Cycle Expansion

Enable Implied Functionality and Listing Cycle Expansion for Henry Hub Natural Gas Condor Spreads
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Tag 762- SecuritySubType	Current Listing Schedule	New Listing Schedule
Henry Hub Natural Gas Futures	NG	NG	CF - Condor	3 1-month spreads	6 1-month spreads

Implied eligible instruments, are identified in the MDP 3.0 Security Definition (tag 35-MsgType=d), in repeating group tag 871-InstAttribType:

• tag 872-InstAttribValue=19:Implied Matching Eligibility

These spreads will be available for customer testing in New Release on Sunday, February 23.

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

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.