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 on changes to BrokerTec markets and are available bi-weekly at 9 a.m. CT Thursdays.
Critical Updates
UpdateCME Globex on Google Cloud
† Denotes update to the article
New †technical content is now available for the planned Globex migration to Google Cloud, including the detailed scope for the Preview phase in 2026.
CME Group and Google Cloud 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.
UPDATENew Release Market Data Source IP Updates - Postponed
† Denotes update to the article
† Previously scheduled for the close of business on Friday, October 17, updates to market data source/host IPs in New Release for several CME Globex futures and options channels have been postponed. The Multicast/UDP IPs will remain the same.
Further updates will be provided in future CME Globex Notices.
NewSwap-Based Event Contracts and 24/7 Trading - Q4 2025
Effective Q4 2025, CME Group is launching 24/7 trading for new swap-based event contracts. These new, fully-funded contracts provide a straightforward way for clients to take a "yes" or "no" position in a variety of key markets, all with defined risk. Clients can express their views multiple times a day on cryptocurrencies and key economic indicators, including U.S. Gross Domestic Product (GDP) and Consumer Price Index (CPI). With positions starting at just $1, these contracts are a simple and accessible tool for market engagement. Additional products to be listed in the 24/7 segment will be determined in the coming months.
As with all CME Group products, these contracts will be available to market participants through any Futures Commission Merchant (FCM) that chooses to offer them.
See the client impact assessment for information on processing new swap-based event contracts and facilitating 24/7 trading.
New Market Segment and Network Connectivity - Q4 2025
In Q4 2025, CME Group will launch a new market segment to be used for new Event Contracts. 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.
New Market Data Multicast Group - Q4 2025
In Q4 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 CME Globex Notices.
Please review the client impact assessment for multicast IP and ports.
CME Globex Disaster Recovery Change for iLink Order Entry - November 23
Effective Sunday, November 23 (trade date Monday, November 24), CME Group is enhancing the Order Entry Path Disaster Recovery (DR) Process for futures and options on futures markets to provide you with a more consistent and seamless trading experience during a DR failover. This change simplifies how your long-standing orders are handled in an emergency, improving your operational continuity.
With this change, all resting Good 'Till Canceled (GTC) and Good 'Till Date (GTD) orders will now be persisted when CME Globex transitions to the DR environment. Currently, GTC and GTD orders are automatically cancelled during a DR failover. With this enhancement, your GTC and GTD orders will remain available and retain their priority in the order book, eliminating the need for you to re-enter them in the DR environment.
Additional information on CME Globex Disaster Recovery Process is available in the Client Systems Wiki.
CME Smart Stream on GCP SBE and JSON Project Name Migration - December 5
On Friday, December 5, 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 |
NewNetwork Connectivity Updates for Market Segment 74 - Q1 2026
In Q1 2026, CME Group will update iLink, Drop Copy and MDP 3.0 Production network connectivity for Market Segment 74 (tag 1300-MarketSegmentID) to prepare for 24/7 trading.
Please review the client impact assessment for network connectivity information.
NewiLink SBE Schema Update - January 25
To support upcoming CME Globex enhancements, the iLink SBE schema will be updated to version 9 starting Sunday, January 25. More information regarding these enhancements will be published in future CME Globex Notices. The overview of iLink schema updates and launch schedule are now available.
In order to ease customer development efforts, the new SBE schema files will support Template Extension for iLink messages. Client systems can send iLink messages using schema version 8 or 9; however CME Globex will only send messages using schema version 9.
The version 8 decommission date for client system messages will be announced in future CME Globex Notices.
| Futures and Options on Futures - Production Rollout | ||
|---|---|---|
| DATE | MESSAGES FROM CLIENT | MESSAGES FROM CME GLOBEX |
| Currently | V8 | V8 |
| January 25 through February 22: Phased launch | V8 or V9 for market segments that support V9 | V9 for market segments that support V9 |
| February 22 | V8 or V9 for all segments | V9 only |
| TBD | V9 only | V9 only |
The new version 9 schema will be available in New Release for customer testing starting Thursday, November 13.
To support the new iLink schema rollout the CME SFTP site will be updated as follows:
| NEW RELEASE: /MSGW/PRODUCTION/TEMPLATES | ||
|---|---|---|
| SCHEMA VERSION | CURRENT STATE | November 13 |
| V8 | ilinkbinary.xml | iLinkbinary_v8.xml |
| V9 | n/a | ilinkbinary.xml |
| PRODUCTION: /MSGW/PRODUCTION/TEMPLATES | ||
|---|---|---|
| SCHEMA VERSION | CURRENT STATE | January 25 |
| V8 | ilinkbinary.xml | iLinkbinary_v8.xml |
| V9 | n/a | ilinkbinary.xml |
NewiLink Messaging Enhancements - January 25
Starting Sunday, January 25 (trade date Monday, January 26), CME Group will implement iLink messaging changes as follows:
Tag 527-SecondaryExecID Enhancement
CME Globex will add a Trade Date prefix to tag 527-SecondaryExecID value on the following iLink Execution Report messages:
- iLink Execution Report - Trade Outright
- iLink Execution Report - Trade Spread
- iLink Execution Report - Trade Spread Leg
- iLink Execution Report - Trade Addendum Outright
- iLink Execution Report - Trade Addendum Spread
- iLink Execution Report - Trade Addendum Spread Leg
For example, a current tag 527 value of “476” for a trade date of 20260126 will become “20260126476”.
Tag 9703 - OriginalSecondaryExecutionID Enhancements
Tag 9703 - OriginalSecondaryExecutionID contains tag 527-SecondaryExecID value from the original trade. As part of tag 527 enhancement, the following changes will be reflected in tag 9703 within these iLink Trade Addendum Execution Reports:
- iLink Execution Report - Trade Addendum Outright
- iLink Execution Report - Trade Addendum Spread
- iLink Execution Report - Trade Addendum Spread Leg
| Tag 9703 - OriginalSecondaryExecutionID Enhancements | |
|---|---|
| Enhancements | Description |
| Trade Date Prefix | A Trade Date prefix will be added to tag 9703. For example, a current tag 9703 value of “476” for a trade date of 20260126 will become 20260126476 |
| Trade Cancel Message Inclusion | Tag 9703 will be provided on both Trade Cancel and Trade Correction messages; currently, tag 9703 is only provided on Trade Correction messages |
For all filled spread orders, clients can continue to use tag 527 and tag 9703 to link spread summary fill notice with each leg fill notice and trade addendum messages.
These changes will be available in New Release for customer testing on Thursday, November 13.
There are no iLink template updates for these changes. CME Group will launch these changes over four launch weekends, coinciding with the iLink schema update to version 9. Please review the schema version 9 client impact assessment for the complete launch schedule.
Product Launches
CME Group Continuous Price Series on CME Globex via MDP - Now Available
CME Group Continuous Price Series is now available on CME Globex via MDP.
The CME Group Continuous Price Series provides an uninterrupted time series representing either the settlement price of the Active Contract (most actively traded contract based on historical analysis) or Front Contract (contract with the nearest expiry). The CME Group Continuous Price Series consist of 72 series referencing CME Group’s leading futures markets across the Agriculture, Metal, Energy, FX, Cryptocurrency and Interest Rate markets.
These are currently available for customer testing in New Release.
NewHourly Event Contracts - Q4 2025
Effective Q4 2025, pending completion of all regulatory review periods, Hourly Event contracts will be listed for trading on CME Globex.
These event contracts are currently available for customer testing in New Release.
These contracts are listed with, and subject to, the rules and regulations of CME.
NewListing Dutch TTF Natural Gas Intercommodity Spreads - November 9
Effective Sunday, November 9 (trade date Monday, November 10), Dutch TTF Natural Gas intercommodity spreads will be listed for trading on CME Globex.
| Listing Dutch TTF Natural Gas Intercommodity Spreads | |||
|---|---|---|---|
| Product | MDP 3.0: tag 6937-Asset | iLink/MDP 3.0 tag 1151 - Security Group | Tag 762- SecuritySubType |
| Henry Hub Natural Gas Look-Alike Last Day Financial Futures/Dutch TTF Natural Gas (USD/MMBtu) Futures | HH-TFU | HX | IS - Inter-Commodity XS- Inter-Commodity Strip |
| Dutch TTF Natural Gas (USD/MMBtu) Futures/LNG Japan/Korea Marker (Platts) Futures | TFU-JKM | FD | XS- Inter-Commodity Strip |
These spreads will be available for customer testing in New Release on Sunday, November 2.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
Norwegian Krone and Swedish Krona on CME FX Spot+ - November 9
Effective Sunday, November 9 (trade date Monday, November 10), pending completion of all regulatory review periods, U.S. Dollar/Norwegian Krone (USD/NOK) and U.S. Dollar/Swedish Krona (USD/SEK) will be added to CME FX Spot+ on CME Globex.
| U.S. Dollar/Norwegian Krone (USD/NOK) and U.S. Dollar/Swedish Krona (USD/SEK) on CME FX Spot+ | ||||
|---|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK/MDP 3.0 TAG 1151 - SECURITY GROUP | MARKET DATA UDP CHANNEL MDP 3.0 TAG 1180 - APPLID |
MARKET DATA TCP CHANNEL MDP 3.0 TAG 1180 - APPLID |
| U.S. Dollar/Norwegian Krone Spot FX | USDNOK | 5K | 330 | 331 |
| U.S. Dollar/Swedish Krona Spot FX | USDSEK | 5W | 330 | 331 |
More product attributes for the USD/NOK and USD/SEK on CME FX Spot+ will be published in the MDP3.0 Security Definition (35=d) message.
These currency pairs are currently available for customer testing in New Release.
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 Malaysia Kuala Lumpur Composite Index (FBM KLCI) | ||||
|---|---|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK/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 currently available for customer testing in New Release.
These contracts are listed with, and subject to, the rules and regulations of BMD.
Product Changes
NewChanges to Event Contracts on Futures - Q4 2025
Effective Q4 2025, the following changes will be made to select Event contracts on futures:
- Minimum Price Increment
- Unit of Measure Quantity
- Maximum Order Quantity
These contracts will be available for customer testing in New Release on Sunday, November 2.
These contracts are listed with, and subject to, the rules and regulations of CME, CBOT, COMEX and NYMEX.
Renaming of Iron Ore 62% Fe, CFR China (Platts) Futures and Options - November 2
Effective Sunday, November 2 (trade date Monday, November 3), the Iron Ore 62% Fe, CFR China (Platts) futures and options will be renamed to Iron Ore CFR China (Platts).
| Renaming of Iron Ore 62% Fe, CFR China (Platts) | |||
|---|---|---|---|
| Current Product Name | New Product Name | iLink: tag 1151-Security Group MDP 3.0: tag 6937-Asset |
iLink/MDP 3.0 tag 1151 - Security Group |
| Iron Ore 62% Fe, CFR China (Platts) Futures | Iron Ore CFR China (Platts) Futures | TIO | IO |
| Iron Ore 62% Fe, CFR China (Platts) Average Price Option | Iron Ore CFR China (Platts) Average Price Option | ICT | I5 |
These changes will be made available for customer testing in New Release on Sunday, November 2.
These contracts are listed with, and subject to, the rules and regulations of COMEX.
Resting Order Eliminations: Change to Minimum and Maximum Order Quantity for FX Spot+ Currency Pairs - December 7
Effective Sunday, December 7, (trade date Monday, December 8), the minimum and maximum order quantity for the following FX Spot+ currency pairs will be changed as follows:
Please Note: To facilitate this change, customers are asked to cancel all Good ‘Till Session (GTS) orders after the close on Friday, December 5. After 16:00 CT on Friday, December 5, all remaining (GTS) orders for these products will be cancelled or deleted by the CME Global Command Center (GCC).
| Change to Minimum and Maximum Order Quantity for FX Spot+ Currency Pairs - Resting Order Eliminations | ||||
|---|---|---|---|---|
| Product | MDP 3.0: tag 6937-Asset | iLink/MDP 3.0 Tag 1151 - Security Group | Current Tag 562-MinTradeVol/ Tag 1140-MaxTradeVol |
New Tag 562-MinTradeVol/ Tag 1140-MaxTradeVol |
| Euro/US Dollar Spot FX | EURUSDZ5031 | 5E | 250,000/5,000,000 | 500,000/25,000,000 |
| British Pound/US Dollar Spot FX | GBPUSDZ5031 | 5B | 250,000/5,000,000 | 500,000/25,000,000 |
| Australian Dollar/US Dollar Spot FX | AUDUSDZ5031 | 5A | 200,000/5,000,000 | 500,000/25,000,000 |
| New Zealand Dollar/US Dollar Spot FX | NZDUSDZ5031 | 5N | 200,000/3,000,000 | 500,000/15,000,000 |
| US Dollar/Canadian Dollar Spot FX | USDCADZ5031 | 5C | 200,000/5,000,000 | 500,000/25,000,000 |
| US Dollar/Japanese Yen Spot FX | USDJPYZ5031 | 5J | 200,000/5,000,000 | 500,000/25,000,000 |
| US Dollar/Swiss Franc Spot FX | USDCHFZ5031 | 5S | 250,000/3,000,000 | 500,000/15,000,000 |
| US Dollar/Mexican Peso Spot FX | USDMXNZ5031 | 5M | 100,000/3,000,000 | 500,000/15,000,000 |
This change will be made available for customer testing in New Release on Sunday, November 16.
These contracts are listed with, and subject to, the rules and regulations of EBS.
Change to the Night Trading Session for Bursa Malaysia Derivatives Agriculture Contracts - January 11
Effective Sunday, January 11, 2026, (trade date Monday, January 12) and subject to final regulatory approval, Bursa Malaysia Derivatives (BMD) will shorten the night trading session for selected products on CME Globex.
| Revised Night Trading Session Hours | |
|---|---|
| Current Monday - Thursday Night Trading Session |
New Monday - Thursday Night Trading Session |
| 21:00:00 hours to 23:30:00 hours (Malaysia time) | 21:00:00 hours to 23:00:00 hours (Malaysia time) |
| Products Subject to the Revised Night Trading Session | ||
|---|---|---|
| PRODUCT | MDP 3.0: TAG 6937-ASSET | ILINK/MDP 3.0 TAG 1151 - SECURITY GROUP |
| Ringgit Malaysia Denominated Crude Palm Oil Futures | FCPO | BC |
| Option on Ringgit Malaysia Denominated Crude Palm Oil Futures | OCPO | BP |
| United States Dollar Denominated Crude Palm Oil Futures | FUPO | BA |
| Crude Palm Kernel Oil Futures | FPKO | BK |
| United States Dollar Denominated Refined, Bleached and Deodorized (RBD) Palm Olein Futures Contract | FPOL | BL |
| Option on United States Dollar Denominated Refined, Bleached and Deodorized (RBD) Palm Olein Futures | OPOL | B8 |
| Ringgit Malaysia Denominated East Malaysia Crude Palm Oil Futures | FEPO | BR |
| Bursa Malaysia DCE Soybean Oil Futures | FSOY | B0 |
| USD Used Cooking Oil FOB Straits (Platts) Futures | FUCO | BY |
This change is currently available for customer testing in New Release.
These contracts are listed with, and subject to, the rules and regulations of BMD.
Events and Announcements
BrokerTec Chicago Dedicated GLink Discount Program - Now Available
CME Group recently launched BrokerTec Chicago, a secondary U.S. Treasury Actives Central Limit Order Book (CLOB) on CME Globex. This new platform, operated by BrokerTec Americas LLC and located in the CME Group futures and options data center in Aurora, IL, is designed to help clients efficiently manage cash versus futures trading by reducing slippage risk.
To facilitate client access to this new market, a new BrokerTec Chicago GLink is being offered along with a multi-phase discount program for qualifying participants. This new offering is targeted to clients who want to trade BrokerTec Chicago on dedicated connectivity.
Discount Program Details:
- Discounted Monthly Recurring Fee (MRC):
- From October 6, 2025, until January 31, 2026: Each BrokerTec Chicago GLink will be discounted to an MRC of $1,000.
- From February 1, 2026, until December 31, 2026: Each BrokerTec Chicago GLink will be discounted to an MRC of $2,500.
- From January 1, 2027 onward: Each BrokerTec Chicago GLink will be charged the full MRC of $7,500.
- Early Termination Fee Waiver: From October 6, 2025, until January 31, 2026, all early termination fees for BrokerTec Chicago GLinks will be waived.
Quantity Considerations:
CME Group reserves the right to limit the quantity of BrokerTec Chicago GLinks. CME Group will review and approve orders for BrokerTec Chicago GLinks to manage quantity limits.
Please contact your Global Account Manager (GAM) to place an order using the BrokerTec Chicago GLink Order Form.
CME STP FIX on Google Cloud - Production Internet Connectivity - Now Available
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 DataMine Endpoint Migration - This Week
On this Thursday, October 23, CME DataMine products will migrate to a new delivery destination. To ensure uninterrupted access to CME DataMine products, all users must update their delivery mechanism configurations to the new site. Customers must update configurations to continue receiving access to listed derivatives and other data products through the new delivery system.
Below you will find documentation of the modifications needed for each delivery mechanism:
- File API: Impact Description | File API Documentation | File ID Documentation | List API Documentation
- S3: Impact Description | S3 Documentation
- SFTP: Impact Description | SFTP Documentation
- Email (New): Impact Description | Email Documentation
Effective this Thursday, October 23, the legacy platform will be permanently decommissioned. If configurations are not migrated by this date, access to all CME DataMine products will be terminated. October 23 will be the final cutoff date for the legacy platform.
For further detailed instructions on this migration and key dates, please review the client impact assessment immediately.
Please contact the Global Command Center (GCC) with any questions 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.
CME 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.
