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.

Since October 2024, CME Group has offered methods to retrieve its instrument listing containing the Unique Instrument Code (UIC) and other instrument data elements in compliance with the amended rule.

Starting March 10, 2025, CME Group began accepting test files in the new Position Message FIXML format via SFTP. For details regarding submitting the new FIXML Position Message, file management, field validations, and example scenarios, please refer to the information in 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.

Market Data Source IP Updates - This Week

Effective this Friday, August 15, CME Group will continue changes to market data source/host IPs for additional CME Globex futures and options channels. The Multicast/UDP IPs will remain the same. 

New temporary xml files, with corresponding launch dates, are available with the updated market data source IPs for early client access on the FTP/SFTP site in the /SBEFix/Production/Configuration/archive sub-directory.

See additional information on SFTP - MDP Configuration.

Please review the client impact assessment for updated connection information and launch schedule.

New Market Data Multicast Group - Q3 2025

In Q3 2025, CME Group will launch a new market data multicast group to be used for a new CME Group futures product suite in the Equity Indices and Alternative Products asset class.

The new market data multicast group channel ID, along with additional details, will be announced in future Globex notices. Please review the client impact assessment for the multicast IP and ports.

UpdateNew Market Segment and Network Connectivity - September 2025

† Denotes update to the article

In September 2025, CME Group will launch a new market segment to be used for a new CME product suite in the Equity & Alternative Products asset class. This launch will include additional network connectivity for iLink, market data and Drop Copy.

Further details on the instruments to be hosted on the new market segment will be provided in future CME Globex notices and related client impact assessment updates.

Please review the client impact assessment for the new IP and ports. †Connectivity information for Production and New Release has been updated in the client impact assessment.

UDS Lifecycle for Equity Options Combos - September 14

Starting Sunday, September 14 (trade date Monday, September 15), to optimize options trading and make instrument management easier, CME Globex will implement a new User-Defined Spread (UDS) lifecycle for options on Equity Index futures - Daily with Extension.

UDS Combos on eligible products will be created with the last trade datetime (LTD) equal to the market close on the day of creation; and they will be eligible for LTD extensions based on Good Till Cancel (GTC) and Good Till Date (GTD) orders.

Please review the client impact assessment for full details.

This change is now available in New Release for customer testing.

CME Smart Stream on GCP SBE and JSON Project Name Migration - October 10

On Friday, October 10, CME Smart Stream on GCP will decommission SBE and JSON project names. In preparation for the decommission, clients must migrate to the new project names outlined below.  

Name	Format	Environment	Legacy Project Name	Current Project Name
Realtime and Delayed - All Other Data	SBE	Production	cmegroup-marketdata	prj-pr-mkdata-sbe-0509
Realtime and Delayed - Cryptocurrency	SBE	Production	cmegroup-marketdata-cr	prj-pr-crypt-sbe-0432
Futures	JSON	Production	cmegroup-marketdata-js	prj-pr-mkdjsonfut-7802
Options	JSON	Production	cmegroup-marketdata-js-opt	prj-pr-mkdjsonopt-3263
Crypto (Futures)	JSON	Production	cmegroup-marketdata-js	prj-pr-crypt-js-f-2281
Crypto (Options)	JSON	Production	cmegroup-marketdata-js-opt	prj-pr-crypt-js-o-6572

Product Launches

E-Mini S&P/BMV IPC Index Futures - This Week

Effective this Sunday, August 17 (trade date Monday, August 18), pending completion of all regulatory review periods, E-mini S&P/BMV IPC Index futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

E-Mini S&P/BMV IPC Index Futures
Product	MDP 3.0: Tag 6937-Asset	iLink: Tag 55-Symbol MDP 3.0 Tag 1151 - Security Group	Included Spreads and Combos - Tag 762- SecuritySubType	Market Data Channel MDP 3.0 Tag 1180 - APPLID	Market Data Settlements & Valuations Channel
E-mini S&P/BMV IPC Index Futures	IPC	MD	RT - Reduced Tick	318	N/A
BTIC on E-mini S&P/BMV IPC Index Futures	IPCT	MM	-	318	N/A
E-mini S&P/BMV IPC Index Futures Fixing Price (non-tradeable)	IPX	0B (Zero-B)	-	318	251
E-mini S&P/BMV IPC Index Futures Marker (non-tradeable)	IPM	0B (Zero-B)	-	318	251

The corresponding fixing prices and markers are sent on CME Data Insights - Settlements & Valuations channels via MDP 3.0 Market Data Incremental Refresh (tag 35-MsgType=X) message types with the following attributes: 

• Tag 279-MDUpdateAction will be set to 0 = New
• Tag 269-MDEntryType will be set to 6 = Settlement Price OR 269-MDEntryType will be set to W = Fixing Price
• Tag 5796-Trading Reference will display the date for which the marker price was calculated

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

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

Mini FKLI Futures - Mini FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) - December 7

Effective Sunday, December 7 (trade date Monday, December 8), pending completion of all regulatory review periods, Mini FKLI futures - Mini FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) will be listed for trading on CME Globex.

Mini FKLI Futures - Mini FTSE Bursa Malasia Kuala Lumpur Composite Index (FBM KLCI)
PRODUCT	MDP 3.0: TAG 6937-ASSET	ILINK: TAG 55-SYMBOL MDP 3.0 TAG 1151 - SECURITY GROUP	Included Spreads and Combos - Tag 762- SecuritySubType	MARKET DATA CHANNEL
Mini FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI)	FKLM	BE	SP - Standard Calendar	430

These futures are available for customer testing in New Release. 

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

Product Changes

Ontario Power Futures Product Names and Floating Price Descriptions Change - August 24

Effective Sunday, August 24 (trade date Monday, August 25), the Ontario Power futures Product Names and Floating Price Descriptions will be renamed as follows.

RENAMING ONTARIO POWER FUTURES PRODUCT NAMES AND FLOATING PRICE DESCRIPTIONS
Current Product Name	New Product Name	Current Floating Price Description	New Floating Price Description	iLink: tag 1151-Security Group MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group
Ontario Peak Calendar-Month Futures	Ontario Real-Time Peak Calendar-Month Futures	The Floating Price for each contract month will be equal to the arithmetic average of the hourly Ontario energy price for peak hours as determined by the Ontario Independent Electricity System Operator (IESO) for the contract month.	The Floating Price for each contract month will be equal to the arithmetic average of the hourly Ontario energy price for Real-Time peak hours as determined by the Ontario Independent Electricity System Operator (IESO) for the contract month.	OMM	ZZ
Ontario Off-Peak Calendar-Month Futures	Ontario Real-Time Off-Peak Calendar-Month Futures	The Floating Price for each contract month will be equal to the arithmetic average of the hourly Ontario energy price for off-peak hours as determined by the Ontario Independent Electricity System Operator (IESO) for the contract month.	The Floating Price for each contract month will be equal to the arithmetic average of the hourly Ontario energy price for Real-Time off-peak hours as determined by the Ontario Independent Electricity System Operator (IESO) for the contract month.	OFF
Ontario Peak Calendar-Day Futures	Ontario Real-Time Peak Calendar-Day Futures	The Floating Price for each contract day will be equal to the arithmetic average of the hourly Ontario energy price as determined by the Ontario Independent Electricity System Operator (IESO) for all peak hours for the contract day. For settlement of this contract, the prices provided by IESO will be considered final on the payment date stated in Rule 964102.E and will not be subject to any further adjustment.	The Floating Price for each contract day will be equal to the arithmetic average of the hourly Ontario energy price as determined by the Ontario Independent Electricity System Operator (IESO) for all Real-Time peak hours for the contract day. For settlement of this contract, the prices provided by IESO will be considered final on the payment date stated in Rule 964102.E and will not be subject to any further adjustment.	OOD
Ontario Off-Peak Calendar-Day Futures	Ontario Real-Time Off-Peak Calendar-Day Futures	The Floating Price for each contract day will be equal to the arithmetic average of the hourly Ontario energy price as determined by the Ontario Independent Electricity System Operator (IESO) for all off-peak hours for the contract day. For settlement of this contract, the prices provided by IESO will be considered final on the payment date stated in Rule 965102.E and will not be subject to any further adjustment.	The Floating Price for each contract day will be equal to the arithmetic average of the hourly Ontario energy price as determined by the Ontario Independent Electricity System Operator (IESO) for all Real-Time off-peak hours for the contract day. For settlement of this contract, the prices provided by IESO will be considered final on the payment date stated in Rule 965102.E and will not be subject to any further adjustment.	OFD

These products will be available for customer testing in New Release on Sunday, August 17.

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

Change to Minimum Price Increment and Strategy Type for 7-Year Eris SOFR Swap Futures Calendar Spreads - August 24

Effective Sunday, August 24 (trade date Monday, August 25), the strategy type for the 7-Year Eris SOFR swap futures calendar spreads will be changed from SP (Standard Calendar Spread) to RT (Reduced Tick Spread) to support the minimum price increment tag 969-MinPriceIncrement change.

Change to Minimum Price Increment for 7-Year Eris SOFR Swap Futures Calendar Spreads
Product	MDP 3.0: tag 6937-Asset	iLink: tag 55-Symbol MDP 3.0 tag 1151 - Security Group	Current tag 969 - MinPriceIncrement	New tag 969 - MinPriceIncrement	Current Tag 762- SecuritySubType	New Tag 762- SecuritySubType
7-Year Eris SOFR Swap Futures Calendar Spreads	YIB	EJ	0.0100	0.0050	SP - Calendar Spread	RT - Reduced Tick

These futures will be available for customer testing in New Release on Sunday, August 17. 

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

NewListing Cycle Expansion for FOB Santos Soybeans Financially Settled (Platts) Futures - September 14

Effective Sunday, September 14 (trade date Monday, September 15), the listing cycle for the following FOB Santos Soybeans Financially Settled (Platts) futures will be expanded on CME Globex and for submission for clearing via CME ClearPort.

Listing Cycle Expansion for FOB Santos Soybeans Financially Settled (Platts) Futures
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
FOB Santos Soybeans Financially Settled (Platts) Futures	SAS SAS-ZS	AS	SP - Standard Calendar BT - South American Soybean - CBOT Soybean Inter-Commodity	11 monthly contracts listed in the Jan, Feb, Mar, May, Jul, Aug, Sep and Nov contracts	18 consecutive calendar months

These futures will be available for customer testing in New Release on Sunday, August 24.

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

Events and Announcements

UpdateCME STP FIX on Google Cloud - Production Internet Connectivity - Now Available

† Denotes update to the article

† Production internet connectivity options for CME STP FIX API are now available as part of a phased migration of CME Straight Through Processing APIs to Google Cloud.

CME STP FIX service will operate in two regions, the Eastern and Central United States.

Clients have two different options for internet connectivity to CME STP FIX on Google Cloud.

CME STP FIX on Google Cloud - Production Internet Connectivity
Connectivity Option	CME STP FIX Hostname(s)	Usage
Managed	stpfix.api.cmegroup.com *[208.112.128.43]	Clients only need to connect to a single Host for all STP data that they are entitled to. CME Group will manage regional connectivity.
Regional	stpfix-a.api.cmegroup.com *[208.112.128.46] stpfix-b.api.cmegroup.com *[208.112.128.45]	Clients can connect to both regions in parallel, providing flexibility and redundancy. Clients can subscribe to the same or different STP trade data across regions based on their entitlements. Sequences of messages are not guaranteed to be the same across regions.

*Client systems are required to target the Hostname(s). IPs are provided for convenience of client side whitelisting.

CME STP FIX is accessible on port 443. Clients can use their existing API credentials.

CME STP FIX on Google Cloud is available in parallel to the current on-prem instance. Clients should ensure that they do not double-book trades if connecting in parallel to Google Cloud and on-prem instances.

†A required message recovery certification is now available for CME STP FIX on Google Cloud. Please contact Certification Support for Electronic Trading (CSET) with any questions in the U.S. at +1 312 930 2322, in Europe at +44 20 3379 3803 or in Asia at +65 6593 5593.

View the client impact assessment for additional information.

CME Globex Treasury Futures Roll Messaging Efficiency Program Reminder - This Week

This Thursday, August 14 (trade date Friday, August 15), CME Group will activate the Messaging Efficiency Program (MEP) Treasury futures roll volume ratio in 5- and 10-Year Treasury Note futures in order to encourage responsible messaging practices during the Treasury futures roll period.

As a reminder, this additional volume ratio is enforced during each of the last 10 trade dates before First Notice Day during all Treasury futures roll periods. This ratio requires that for each day, all CME Globex Firm IDs that submit greater than 5 million per day of Order Entry Quantity in each of 5- or 10-Year Treasury futures product groups during a specific combined ETH and RTH trading session, during the last 10 trade dates before First Notice Day, maintain a ratio of 3,000 or less between Order Entry Quantity and executed volume. 

CME Globex Firm IDs who exceed the CME Globex Treasury futures roll MEP product group benchmark of 3,000:1 will face a potential daily surcharge of $10,000; a second surcharge in the same month, in the same product group, will be referred to CME Market Regulation. 

In addition to the Treasury futures roll scoring ratio in 5- and 10-Year Treasury Note futures, market participants will continue to be held to all other MEP volume ratios.

Please refer to the CME Globex Messaging Efficiency Program for additional information. 

Contact 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, Japan at +81 3 6733 7559, or your Global Account Manager with any questions.

UpdateSPAN Files Decommission on FTP Sites - September 15

† Denotes update to the article

† Due to SPAN users’ request for additional time to switch to CME DataMine, CME Group will continue to provide access to SPAN files over the public FTP and CME Group website until Monday, September 15.

† Effective Monday, September 15, CME Group will provide SPAN files only via the SFTP and CME DataMine services. SPAN files will no longer be available over the public FTP or CME Group website.

This change applies to CME Group SPAN files as well as partner exchanges SPAN for BMD, XMA, SMX, etc. 

The following delivery mechanisms will no longer be available:

• Public FTP:
  • ftp.cmegroup.com/pub/span/data
  • ftp.cmgroup.com/span/data
• CME Website:
  • www.cmegroup.com/ftp/pub/span/data
  • www.cmegroup.com/ftp/span/data 

The following delivery channels will continue to be offered:

• CME DataMine: https://datamine.cmegroup.com/#/datasets/cme.span
• SFTP: sftpng.cmegroup.com 

We recommend that firms with access to SFTP migrate their SPAN  files downloads off Public FTP and CME Group websites before the deadline using the below paths: 

• CME SPAN: cme/ftp/123/pub/SPAN
• Partner Exchanges SPAN: cme/ftp/123/pub/SPAN/ftp
  where 123 is the Firm’s assigned SFTP ID

Customers without access to SFTP, or who prefer to download SPAN files via CME DataMine, may register at https://www.cmegroup.com/datamine.html

For more information, please contact CME Clearing at ccs@cmegroup.com or via phone at Chicago +1 312 207 2525, London +44 203 379 3198 or Singapore +65 6593 5591.

NewCME Globex Connectivity Upgrades and Changes for Listed Derivative Markets - April 2026

Starting in April 2026, CME Group plans to replace End-of-Life network equipment that supports listed derivatives connectivity at CME Globex Hubs. Customers will be notified in advance if they are impacted by an equipment upgrade.

CME Globex market data for listed derivatives now regularly exceeds 1Gbps, increasing the risk of packet loss, performance concerns, and quality of service degradations on 1Gbps connections.

Impact on 1Gbps Listed Derivatives Connections

• Multicast Market Data: Effective in March 2026, 1Gbps services will no longer support MDP 3 multicast market data.
• Existing 1Gbps Customers with Market Data: Customers with 1Gbps service currently listening to multicast market data are encouraged to upgrade connections to 10Gbps as soon as possible.
• Existing 1Gbps Customers without Market Data: Unicast services such as iLink, Drop Copy, STP, MQ and others will continue to be supported on 1Gbps connections. Customers with 1Gbps connectivity who are not receiving Market Data will have their service migrated to the new equipment.
• New 1Gbps Connections: Effective immediately, new connections for 1Gbps service will not support access to listed derivatives multicast market data.

Copper Handoffs

• When the CME Globex Connectivity upgrades are rolled out in 2026, CME Group will no longer support copper handoffs.

Additional details about the CME Globex Connectivity upgrades will be announced in future CME Globex Notices.

Please contact your Global Account Manager for additional information.