Topics in this issue include:

• New Party ID Source for Trading Firm, Clearing Organization and Exchange Party Roles - June 26
• Compression ID for Blended or Netted Trades - June 26 ^Update

New Party ID Source for Trading Firm, Clearing Organization and Exchange Party Roles

Effective Sunday, June 26 (trade date Monday, June 27), as part of the CME STP API upcoming support of non-cleared trades, CME STP will use the Party ID Source of C (Src=“C”) on CME Cleared Trade Capture Reports for Trading Firm (R="7"), Clearing Organization (R=”21”) and Exchange (R=”22”) Party Roles.

See party role and source code definitions here.

These enhancements will be available for testing in New Release on Wednesday, June 1.

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.

Update - Compression ID for Blended or Netted Trades

† Denotes update to the article

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.

FIXML messages will be populated with the following values:

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.