Critical Updates

UpdateCME Globex on Google Cloud

† Denotes update to the article

Later this year, client testing will begin in the new CME Globex on Google Cloud Sandbox environment, located in the private Ultra Low Latency zones of the Google Cloud Dallas Region.

†New information is now available in the Client Systems Wiki to ensure a smooth transition and successful onboarding. This content includes the detailed scope for client testing, a production readiness checklist, and the onboarding process.

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.

New Market Data Channel 335 for Equity Index and Alternative Product Launch - H1 2026

To support the expansion of the Equity Index and Alternative Products asset class, CME Group will launch a new market data multicast group in the first half of 2026.

This new multicast group will utilize Channel ID 335.

While the product launch is scheduled for 2026, we are providing these network specifications now to allow clients ample time to proactively manage firewall policies and network configurations.

New Market Data Multicast Group - Q1 2026

In Q1 2026, 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 will use Channel ID 324. Additional details will be announced in future CME Globex Notices.

Please review the updated client impact assessment for multicast IP and ports.

Production Market Recovery Source IP Update - This Week

Effective close of business this Friday, February 20, to improve performance, CME Group will change the CME MDP 3.0 Market by Price (MBP) market recovery source/host IPs for the following production market data channels:

Production Market Recovery Source IP Update
Channel ID	Channel Name
345	CBOT Globex Interest Rate Options
361	COMEX Globex Options
323	CME Globex Equity Options - Micro E-mini S&P 500 and E-mini S&P 500 option spreads
341	CBOT Globex Commodity Options

View connectivity configuration details for this service (CME Group Login required).

A new config.xml file will be available for customer download this Saturday, February 21. See additional information on SFTP - MDP Configuration.

iLink SBE Schema Update - This Week

On this Saturday, February 21 and this Sunday, February 22 (trade date Monday, February 23), CME Group will continue the iLink SBE schema version 9 update to support upcoming CME Globex enhancements. The overview of iLink schema updates is now available.

All client systems must adhere to the following gateway-specific launch schedule for iLink schema version 9:

• Now Through this Saturday, February 21:
  • Version 9 is now available for Market Segment Gateway (MSGW) on upgraded market segments. The version 9 launch will be phased from now until February 22, according to the Production iLink SBE Schema Version 9 Launch Schedule.
  • Do not send version 9 messages via the Convenience Gateway (CGW).
• Effective this Sunday, February 22:
  • Version 9 will be available for all MSGWs and CGWs

Please note: Any iLink version 9 messages sent via CGW prior to February 22 will be rejected.

In order to ease customer development efforts, the new SBE schema files will support Template Extension for iLink messages sent from client systems to CME Globex until the end of day Friday, April 24. Client systems can send iLink messages using schema version 8 or 9; however CME Globex will only send messages using schema version 9.

Futures and Options on Futures - Production Rollout
DATE	MESSAGES FROM MSGW CLIENT	MESSAGES FROM CGW CLIENT	MESSAGES FROM CME GLOBEX
Currently through February 21, 2026: Phased launch	V8 or V9 for market segments that support V9	V8 Only	V9 for market segments that support V9
February 22, 2026	V8 or V9 for all segments	V8 or V9	V9 only
April 26, 2026	V9 only	V9 Only	V9 only

Effective Sunday, April 26, version 9 schema will be the only version supported in Production and New Release. Client systems can only send version 9 messages.

The new version 9 schema is currently available in New Release for customer testing.

iLink Messaging Enhancements - This Week

On this Sunday, February 22 (trade date Monday, February 23), CME Group will continue to 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 are currently available in New Release for customer testing.

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.

NewEvent Contracts II Expired Instrument Persistence - March 1

Effective Sunday, March 1 (trade date Monday, March 2), CME Group will extend expired instrument persistence from 48 to 96 hours for the MDP 3.0 Event Contracts II (ID 333) MBP and MBO market recovery feeds.

This update is currently available in New Release for customer testing.

NewMDP 3.0 Recovery Feeds PPS Threshold Increase - March 1

Effective Sunday, March 1 (trade date Monday, March 2), CME Group will increase the production packets-per-second (pps) threshold for CME MDP 3.0 recovery feeds.

This enhancement is designed to optimize recovery performance across the following channels:

MDP 3.0 Recovery Feeds PPS Threshold Increase
MARKET DATA CHANNEL MDP 3.0 TAG 1180 - APPLID	CHANNEL NAME	FEED TYPE	CURRENT- PACKETS PER SECOND	FUTURE - PACKETS PER SECOND
323	CME Globex Equity Options - Micro E-mini S&P 500 and E-mini S&P 500 option spreads	Instrument Recovery	600	900
361	COMEX Globex Options	Instrument Recovery	600	2000
385	NYMEX Globex Metals, Softs, & Alternative Market Options	Instrument Recovery	25	500
387	NYMEX Globex Nat Gas & other Non-Crude Energy Options	Instrument Recovery	800	1000
323	CME Globex Equity Options - Micro E-mini S&P 500 and E-mini S&P 500 option spreads	MBP Market Recovery	100	600
361	COMEX Globex Options	MBP Market Recovery	25	1000
385	NYMEX Globex Metals, Softs, & Alternative Market Options	MBP Market Recovery	25	100
387	NYMEX Globex Nat Gas & other Non-Crude Energy Options	MBP Market Recovery	75	300
323	CME Globex Equity Options - Micro E-mini S&P 500 and E-mini S&P 500 option spreads	MBO Market Recovery	75	300
361	COMEX Globex Options	MBO Market Recovery	65	1000
385	NYMEX Globex Metals, Softs, & Alternative Market Options	MBO Market Recovery	20	100
387	NYMEX Globex Nat Gas & other Non-Crude Energy Options	MBO Market Recovery	30	300

Network Connectivity Updates for Market Segment 74 - March 15

On Sunday, March 15, 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 updated client impact assessment for network connectivity information.

NewCryptocurrency Futures and Options Expansion to 24/7 Trading - May 29

Starting at 4:00 p.m. Central Time on Friday, May 29, CME Group will expand Cryptocurrency futures and options to 24/7 trading, pending regulatory review.

Cryptocurrency futures and options will trade continuously on CME Globex with at least a two-hour weekly maintenance period over the weekend. All holiday or weekend trading from Friday evening through Sunday evening will have a trade date of the following business day, with clearing, settlement and regulatory reporting processed the following business day as well.

The client impact assessment is now available with more information.

Globex Trade Date Behavior Change - June 19

Effective Friday, June 19, CME Group is implementing the following change to align CME Globex and CME Clearing trade dates when the Globex trade date falls on a Friday U.S. holiday.

All CME Globex futures and options trades executed on a Friday U.S. holiday will now reflect a Globex trade date to align with the next valid Clearing House trade date.

Please review the client impact assessment for full technical details and launch schedule.

New Functionality

UpdateNew Order Cross Enrichment - This Week

† Denotes update to the article

Starting this Sunday, February 22 (trade date Monday, February 23), CME Group will implement the new order cross enrichment for select options products. With this enhancement, customers will have the choice to enable either Committed Cross (C-Cross) or RFQ+RFC Cross (R-Cross).

This functionality is subject to Rule 539 of all CME Group Exchanges. For guidance or more information, including the complete list of eligible products and associated crossing protocols, see the CME Group Market Regulation Advisory Notice (“MRAN”) regarding Rule 539: Pre-Execution Communications.

The new order cross enrichment will be available for the following products:

†New Order Cross Enrichment
Production Launch Date	Product Class	Market Segment ID	Current Cross Type	New Cross Type
February 22	CME Agriculture Options	60	C-Cross only	C-Cross or R-Cross
	CBOT Agriculture Options		C-Cross only	C-Cross or R-Cross
	CME Dairy Options		R-Cross only	C-Cross or R-Cross

More details on the new order cross enrichment and launch schedule are available in the client impact assessment.

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

Product Launches

CNH/USD Futures and Options - This Week

Effective this Sunday, February 22 (trade date Monday, February 23), pending completion of all regulatory review periods, CNH/USD futures and options will be listed for trading on CME Globex and submission for clearing via CME ClearPort.

CNH/USD Futures and Options
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 MDP 3.0 TAG 1180 - APPLID
CNH/USD Futures	6H	6U	SD - FX Calendar Spread	314
CNH/USD Monthly Options	6H	0G (Zero) UDS:0J (Zero)		321
CNH/USD Friday Weekly Options	CF1-CF5	0G (Zero) UDS:0J (Zero)		321
CNH/USD Futures Marker	ZY6H	01 (Zero-One)		314

These futures and options are currently available for customer testing in New Release.

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

CME FX Link Spread for CNH/USD Futures - This Week

Effective this Sunday, February 22 (trade date Monday, February 23), pending completion of all regulatory review periods, CME FX Link spread for CNH/USD futures will be listed for trading on CME Globex and submission for clearing via CME ClearPort.

CME FX Link Spread for CNH/USD Futures
PRODUCT	MDP 3.0: TAG 6937-ASSET	iLink/MDP 3.0 Tag 1151 - Security Group	MARKET DATA CHANNEL MDP 3.0 TAG 1180 - APPLID
U.S. Dollar / Offshore Chinese Renminbi Spot FX Basis Spread	USDCNH (CNH:YF:USDCNH:Z5)	6U	314
U.S. Dollar / Offshore Chinese Renminbi Spot FX (Non-Tradable)	USDCNH	5R	314

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.

NewEvent Contracts on Women’s College Basketball Season Champions, Women’s College Basketball Single Games and Additional Men’s College Basketball Season Champions - This Week

Effective this Thursday, February 19, pending completion of all regulatory review periods, Event Contracts on Women’s College Basketball Season Champions, Women’s College Basketball Single Games, and Additional Men’s College Basketball Season Champions will be listed for trading on CME Globex.

These event contracts are currently available for customer testing in New Release.

LNG Platts BALMO Futures - March 1

Effective Sunday, March 1 (trade date Monday, March 2), pending completion of all regulatory review periods, LNG Platts BALMO futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

LNG Platts BALMO Futures
PRODUCT	MDP 3.0: TAG 6937-ASSET	iLink/MDP 3.0 Tag 1151 - Security Group	MARKET DATA CHANNELMDP 3.0 TAG 1180 - APPLID
LNG Japan/Korea Marker (Platts) BALMO Futures	JKD	GU	386
LNG North West Europe Marker (Platts) BALMO Futures	NWD

These futures is currently available for customer testing in New Release.

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

South Asia Vegetable Oil Futures - March 1

Effective Sunday, March 1 (trade date Monday, March 2), pending completion of all regulatory review periods, South Asia Vegetable Oil futures will be listed for trading on CME Globex and for submission for clearing via CME ClearPort.

South Asia Vegetable Oil Futures
PRODUCT	MDP 3.0: TAG 6937-ASSET	iLink/MDP 3.0 Tag 1151 - Security Group	MARKET DATA CHANNELMDP 3.0 TAG 1180 - APPLID
South Asia Soybean Oil (Fastmarkets) Futures	7IF	VO (V-oh)	340
South Asia Crude Palm Oil (Fastmarkets) Futures	IPF	VO (V-oh)
South Asia Soybean Oil (Fastmarkets) vs Soybean Oil Futures	7IS	VO (V-oh)
South Asia Crude Palm Oil (Fastmarkets) vs USD Malaysian Crude Palm Oil Futures	IPS	VO (V-oh)

These futures will be available for customer testing in New Release on this Sunday, February 22.

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

NewLaunching New CME Group Rolling Futures Indices - March 2

Effective Monday, March 2, four new CME Group Rolling Futures Indices for Credit and Crypto futures markets will be made available via MDP Streamline on the Benchmark Premium Channel (Channel 261).

The CME Group Rolling Futures Indices represent the performance of a rolling investment in an underlying CME Group futures contract. The rolling mechanism has been designed to follow the liquidity profile of each futures contract.

CME Group Rolling Futures Indices
Index Name	BENCHMARK PREMIUM TAG 37500-CLEARING PRODUCT CODE	MARKET DATA CHANNEL MDP 3.0 TAG 1180 - ApplID
CME Group XRP Rolling Futures Index	XRPCRF	261
CME Group Solana Rolling Futures Index	SOLCRF
CME Group IG Credit Rolling Futures Index	IQBCRF
CME Group HY Credit Rolling Futures Index	HYBCRF

These will be made available for customer testing in New Release on this Thursday, February 19.

NewWTI Ex-Pipe (Argus) BALMO Futures and Daily Brent Futures - March 15

Effective Sunday, March 15 (trade date Monday, March 16), pending completion of all regulatory review periods, WTI Ex-Pipe (Argus) BALMO futures and daily Brent futures will be listed for trading on CME Globex and submission for clearing via CME ClearPort.

WTI Ex-Pipe (Argus) BALMO Futures and Daily Brent Futures
PRODUCT	MDP 3.0: TAG 6937-ASSET	iLink/MDP 3.0 Tag 1151 - Security Group	MARKET DATA CHANNEL MDP 3.0 TAG 1180 - APPLID
WTI Ex-Pipe (Argus) vs. WTI Trade Month BALMO Futures	XTB	CC	382
Daily Brent Futures	DBZ	CC

These futures will be available for customer testing in New Release on Sunday, March 1.

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

Product Changes

UpdateRenaming NGL and Petrochemical Futures and Options - This Week

† Denotes update to the article

Effective this Sunday, February 22 (trade date Monday, February 23), †NGL and Petrochemical futures and options will be renamed.

These futures and options are currently available for testing in New Release.

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

Listing Cycle Expansion for Copper Products - This Week

Effective this Sunday, February 22 (trade date Monday, February 23), the listing cycle for the following Copper products will be expanded on CME Globex.

Listing Cycle Expansion for Copper Products
Product	MDP 3.0: tag 6937-Asset	iLink/MDP 3.0 Tag 1151 - Security Group	Current Listing Schedule	New Listing Schedule
Copper Futures	HG	HG	Monthly contracts listed for 24 consecutive months and any Mar, May, Jul, Sep, and Dec in the nearest 63 months.	Monthly contracts listed for 37 consecutive months and any Mar, May, Jul, Sep, and Dec in the nearest 63 months.
Copper Financial Futures	HGS	HG	Monthly contracts listed for 23 consecutive months and any Mar, May, Jul, Sep, and Dec in the nearest 60 months.	Monthly contracts listed for 36 consecutive months and any Mar, May, Jul, Sep, and Dec in the nearest 60 months.

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

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

Expansion of CME Globex Trading Hours for USD Malaysian Palm Oil Futures and Options - March 1

Effective Sunday, March 1 (trade date Monday, March 2), the CME Globex electronic trading hours for the following USD Malaysian Palm Oil futures and options will be expanded.

Expansion of CME Globex Trading hours for USD Malaysian Palm Oil Futures and Options
Product	MDP 3.0: tag 6937-Asset	iLink/MDP 3.0 Tag 1151 - Security Group	Current Listing Schedule	New Listing Schedule
USD Malaysian Crude Palm Oil Calendar Futures	CPO	UC	CME Globex Pre-Open: Monday - Friday 6:00 a.m. - 8:30 a.m. CTGlobex: Monday - Friday, 8:30 a.m. - 1:20 p.m. CT	CME Globex Pre-Open: Sunday 4:00 p.m. – 5:00 p.m. CTMonday – Thursday 4:45 p.m. – 5:00 p.m. CTGlobex: Sunday - Friday 5:00 p.m. – 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
USD Malaysian Palm Olein Calendar Futures	OPF	UC	CME Globex Pre-Open: Monday - Friday 6:00 a.m. - 8:30 a.m. CTGlobex: Monday - Friday, 8:30 a.m. - 1:20 p.m. CT	CME Globex Pre-Open: Sunday 4:00 p.m. – 5:00 p.m. CTMonday – Thursday 4:45 p.m. – 5:00 p.m. CTGlobex: Sunday - Friday 5:00 p.m. – 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
USD Malaysian Crude Palm Oil Day 15th Bullet Futures	CPV	UC	CME Globex Pre-Open: Monday - Friday 6:00 a.m. - 8:30 a.m. CTGlobex: Monday - Friday, 8:30 a.m. - 1:20 p.m. CT	CME Globex Pre-Open: Sunday 4:00 p.m. – 5:00 p.m. CTMonday – Thursday 4:45 p.m. – 5:00 p.m. CTGlobex: Sunday - Friday 5:00 p.m. – 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
USD Malaysian Crude Palm Oil - European Low Sulphur Gasoil Spread Futures	POG	UC	CME Globex Pre-Open: Monday - Friday 6:00 a.m. - 8:30 a.m. CTGlobex: Monday - Friday, 8:30 a.m. - 1:20 p.m. CT	CME Globex Pre-Open: Sunday 4:00 p.m. – 5:00 p.m. CTMonday – Thursday 4:45 p.m. – 5:00 p.m. CTGlobex: Sunday - Friday 5:00 p.m. – 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
USD Malaysian Crude Palm Oil Day 10th Financial Option	POX	Outrights: U4. UDS:U5	CME Globex Pre-Open: Monday - Friday 6:00 a.m. - 8:30 a.m. CTGlobex: Monday - Friday, 8:30 a.m. - 1:20 p.m. CT	CME Globex Pre-Open: Sunday 4:00 p.m. – 5:00 p.m.CTMonday – Thursday 4:45 p.m. – 5:00 p.m. CTGlobex: Sunday - Friday 5:00 p.m. – 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
USD Malaysian Crude Palm Oil Average Price Options	POO	Outrights: U4. UDS:U5	CME Globex Pre-Open: Monday - Friday 6:00 a.m. - 8:30 a.m. CTGlobex: Monday - Friday, 8:30 a.m. - 1:20 p.m. CT	CME Globex Pre-Open: Sunday 4:00 p.m. – 5:00 p.m. CTMonday – Thursday 4:45 p.m. – 5:00 p.m. CTGlobex: Sunday - Friday 5:00 p.m. – 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT

These futures and options will be available for customer testing in New Release on this Sunday, February 22.

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

Change to Minimum Order Quantity for FX Basis Spreads on FX Link - March 1

Effective Sunday, March 1 (trade date Monday, March 2), the minimum order quantity for the following FX Basis spreads will be changed as follows:

Change to Minimum Order Quantity for FX Basis Spreads on FX Link
Product	MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol	MDP 3.0 tag 1151 - Security Group	Current tag 562 - MinTradeVol	New tag 562 - MinTradeVol
U.S. Dollar / Norwegian Krone FX Basis Spread	USDNOK	NO	5	2
U.S. Dollar / Swedish Krona Spot FX Basis Spread	USDSEK	SE	5	2

This change will be made available for customer testing in New Release on this Sunday, February 22.

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

Listing Cycle Expansion for Henry Hub Natural Gas Calendar Spreads - March 1

Effective Sunday, March 1 (trade date Monday, March 2), the listing cycle for the following Henry Hub Natural Gas calendar spreads will be expanded on CME Globex.

Listing Cycle Expansion for Henry Hub Natural Gas Calendar Spreads
Product	MDP 3.0: tag 6937-Asset	iLink/MDP 3.0 Tag 1151 - Security Group	Included Spreads and Combos - Tag 762- SecuritySubType	Current Listing Schedule	New Listing Schedule
Henry Hub Natural Gas Futures	NG	NG	SP - Standard Calendar	All combinations for 48 months, implications for months 1-24 and Jun & Dec months 25-36	All combinations for 48 months, implications for months 1-24 and Jun & Dec months 25-36 plus 1-month spreads without implications for months 49+

These spreads will be available for customer testing in New Release on this Sunday, February 22.

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

Resting Order Elimination: Change to Solana and XRP Options and Micro Options - March 1

Effective Sunday, March 1 (trade date Monday, March 2), the strike price listing rule will be changed for XRP options and Micro options, and the strike price listing rule and external name will be changed for Solana options and Micro options.

Please Note: To facilitate this change, customers are asked to cancel all Good Till Cancel (GTC) and Good Till Date (GTD) orders after the close on Friday, February 27. After 16:00 CT on Friday, February 27, all remaining GT orders for these Solana options and Micro options will be cancelled or deleted by the CME Global Command Center (GCC)

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

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

UpdateEnergy Strip Implied Futures and Options Functionality - March 1

† Denotes update to the article

Effective Sunday, March 1 (trade date Monday, March 2), CME Group will enable implied functionality for the following futures and options listed for trading on CME Globex.

Additional information on implied options functionality is available in the Implied Options site.

†Energy Strip Implied Futures and Options Functionality
Product	MDP 3.0: tag 762 - SecuritySubType	New Release Date	Production Launch Date
Energy Futures	SA - Average Price Strip	December 10, 2025	March 1
Energy Options	SA - Average Price Strip	January 14	March 1
†Energy Options	†GD - Average Priced Strip Combination	†March 4	†To Be Announced

Please view the complete list of futures †and options eligible for the implied functionality.

Listing Cycle Expansion for E-Mini Nasdaq-100 Products - March 8

Effective Sunday, March 8 (trade date Monday, March 9), the listing cycle for the following E-Mini Nasdaq-100 products will be expanded on CME Globex.

Listing Cycle Expansion for E-Mini Nasdaq-100 Products
Product	MDP 3.0: tag 6937-Asset	iLink/MDP 3.0 Tag 1151 - Security Group	Current Listing Schedule	New Listing Schedule
E-mini Nasdaq-100 Futures	NQ	NQ	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 6 consecutive quarters and 4 additional December contract months.	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 6 consecutive quarters, 2 additional June contracts and 4 additional December contract months.
Options on E-mini Nasdaq-100 Futures	NQ	NW	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 4 consecutive quarters and 4 additional December contracts.	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 4 consecutive quarters, 2 additional June contracts and 4 additional December contracts.
BTIC on E-mini Nasdaq-100 Futures	NQT	NB	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 6 consecutive quarters and 4 additional December contract months.	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 6 consecutive quarters, 2 additional June contracts and 4 additional December contract months.
TACO on E-mini Nasdaq-100 Futures	NQQ	NT	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 6 consecutive quarters and 4 additional December contract months.	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 6 consecutive quarters, 2 additional June contracts and 4 additional December contract months.
TMAC ON E-MINI NASDAQ-100 FUTURE (non Tradable)	NQX	-	One Quarterly	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 6 consecutive quarters, 2 additional June contracts and 4 additional December contract months.
E-MINI NASDAQ-100 FUTURES MARKER (Not Tradable)	NQI	-	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 6 consecutive quarters and 4 additional December contract months.	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 6 consecutive quarters, 2 additional June contracts and 4 additional December contract months.
E-MINI NASDAQ-100 FUTURES MARKER (Not Tradable)	QQ1	-	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 6 consecutive quarters and 4 additional December contract months.	Quarterly contracts (Mar, Jun, Sep, Dec) listed for 6 consecutive quarters, 2 additional June contracts and 4 additional December contract months.

These products will be available for customer testing in New Release on Sunday, March 1.

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

Expand Brent Crude Oil Last Day Financial Butterfly Spread Listing - March 22

Effective Sunday, March 22 (trade date Monday, March 23), the listing cycle for the following Brent Crude Oil Last Day Financial butterfly spreads will be expanded on CME Globex.

Expand Brent Crude Oil Last Day Financial Butterfly Spread Listing
Product	MDP 3.0: tag 6937-Asset	iLink/MDP 3.0 Tag 1151 - Security Group	Included Spreads and Combos - Tag 762- SecuritySubType	Current Listing Schedule	New Listing Schedule
Brent Crude Oil Last Day Financial Futures	BZ	OP	BF- Butterfly	Consecutive month butterflies in the nearest 13 months, 8 3-month butterflies in the nearest 8 months, nearest Jun/Dec/Jun and Dec/Jun/Dec butterflies.	Consecutive month butterflies for the first 18 months; any Apr/May/Jun, May/Jun/Jul, Jun/Jul/Aug, Oct/Nov/Dec, Nov/Dec/Jan, Dec/Jan/Feb butterflies for the first 24 months; 3-month butterflies for the first 8 months, the next Mar/Jun/Sep, Jun/Sep/Dec, Sep/Dec/Mar, Dec/Mar/Jun butterflies; 2 Jun/Dec/Jun and 2 Dec/Jun/Dec butterflies

These spreads will be available for customer testing in New Release on Sunday, March 8.

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

Change to Minimum Price Increment for GBP/USD Calendar Spreads - April 26

Effective Sunday, April 26 (trade date Monday, April 27), the minimum price increment tag 969-MinPriceIncrement will be changed for the following.

Change to Minimum Price Increment for GBP/USD Calendar Spreads
Product	MDP 3.0: tag 6937-Asset	iLink/MDP 3.0 Tag 1151 - Security Group	MDP 3.0 tag 762-SecuritySubType	Current tag 969 - MinPriceIncrement	New tag 969 - MinPriceIncrement
British Pound Sterling/U.S. Dollar (GBP/USD) Futures Calendar Spread	6B	6B	SD	$.00005 per British pound sterling</td> <td>$.000025 per British pound sterling

These spreads will be available for customer testing in New Release on Sunday, March 1.

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

Events and Announcements

NewQ2 Messaging Efficiency Program Product Group Benchmarks - Now Available

The Q2 2026 CME Globex futures, options on futures, and mass quote options Messaging Efficiency Program Product Group Benchmarks are now available.

No changes were made in Q2 2026 Product Group Benchmarks versus Q1 2026 Product Group Benchmarks.

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 enrolled 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.

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.

CME STP FIX - Update to New Release Host Connectivity - Now Available

CME STP FIX service will now incorporate the following managed and regional connectivity options in the New Release environment to better align functionality with Production.

CME STP FIX - Update to New Release Host Connectivity
Connectivity Option	Hostname	IP Addresses	Port	Asset Class	Usage
Managed	stpfix.api.uat.cmegroup.com		443	All	Client systems connect to one Host for all entitled STP trade data. CME Group manages regional connectivity. Customers should account for DNS update time during regional IP switch. Client systems must reestablish connections and resubscribe after weekly regional switch (Weekly on Wednesday) disconnections to resume receiving post-trade messages.
Regional	stpfix-a.api. uat.cmegroup.com	208.112.193.131	443	All	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.
	stpfix-b.api. uat.cmegroup.com	208.112.193.10

Client systems are required to target the hostname(s). IPs are provided for convenience of local client side whitelisting purposes only. Clients can continue to use their existing entitled API IDs with this Host change.

This change does not affect Production connectivity.

CME STP FIXML - Service Availability and Regional Maintenance Update - March 22

Effective Sunday, March 22 (trade date Monday, March 23), CME Group will make the CME STP FIXML service available on a 24/7 basis and will introduce regional maintenance during weekends.

Clients should note that the x-cme-token, which is used by client systems for ongoing subscriptions and for multi-batch queries, will not be valid across regions. After regional maintenance, Client systems will receive a TradeCaptureReportRequestAck with the attribute @txt="x-cme-token is no longer valid. Please initiate a new subscription" and must reestablish their subscription to obtain a valid token.

This change is currently available in New Release (maintenance weekly on Wednesdays). Customers are highly encouraged to test their recovery processes in New Release and complete the mandatory supplemental certification.

CME STP FIXML service in New Release is not available on weekends.

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.

CME STP FIX on Google Cloud - Service Availability and Regional Maintenance - March 22

Effective Sunday, March 22 (trade date Monday, March 23), CME Group will make the CME STP FIX service on Google Cloud available on a 24/7 basis and will introduce regional maintenance during weekends.

During the regional maintenance, client systems using the Managed Connectivity options will be disconnected and are required to reestablish their connections and resubscribe to continue the receipt of post-trade messages. Client systems using Regional Connectivity options should switch regions on their end upon disconnection.

View Production client connectivity options for more information.

This change is currently available in New Release (maintenance weekly on Wednesdays). Customers are highly encouraged to test their recovery processes in New Release and complete the mandatory supplemental certification.

CME STP FIX service in New Release is not available on weekends.

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.

CME Globex Connectivity Upgrades and Changes for Listed Derivative Markets - April

Starting in April, 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.

CME STP FIX on Google Cloud - Production Internet Connectivity - April 26

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

By Sunday, April 26, all clients must complete migration and connect to CME STP FIX API Production using only the Google Cloud hostnames.

CME STP FIX on Google Cloud is available in parallel to the current on-prem instance. When connecting in parallel to Google Cloud and on-prem instances, clients should ensure trades are not double-booked.

A mandatory supplemental certification for message recovery 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.

CME STP FIX on Google Cloud - Production Dedicated Connectivity - April 26

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

By Sunday, April 26, all clients must complete migration and connect to CME STP FIX API Production using only the Google Cloud hostnames.

CME STP FIX on Google Cloud is available in parallel to the current on-prem instance. When connecting in parallel to Google Cloud and on-prem instances, clients should ensure trades are not double-booked.

A mandatory supplemental certification for message recovery 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.

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