• New Compression ID for Blended or Netted Trades

      • To
      • CME STP FIX Customers
      • #
      • 20160525stpfix
      • Notice Date
      • 25 May 2016
    • Effective Sunday, June 26 (trade date Monday, June 27), a Compression ID will be added to Interest Rate Swaps (IRS), Forward Rate Agreements (FRA) and Swaptions trades, enabling platforms to identify which trades have been blended or netted with each other.

      The Compression Group ID will be available in tradeIdScheme in embedded FpML.

      FIX messages will be populated with the following values:

      Attribute FIXML Field Name FIXML Abbr FIXML Message Component Level Description
      2361 Compression ID CmprsnGrpID Trade Capture Report/RptSide Identifier for trades which have been blended or netted with each other.

      These enhancements will be available for customer testing in New Release on Wednesday, June 15.

      See sample message.

      Please contact Certification Support for Electronic Trading (CSET) in the U.S. at +1 312 930 2322, in Europe at +44 20 3379 3803 or in Asia at +65 6593 5593 with questions while testing in New Release.

      Please contact the Global Command Center (GCC) in the U.S. +1 800 438 8616, in Europe at +44 20 7623 4747 or in Asia at +65 6532 5010 for production questions.