Topics in this issue include:
† Denotes update to the article
The TLS change previously scheduled for this Sunday, December 17, has been postponed to ensure customer readiness. The new effective date will be announced soon. Customers are strongly encouraged to upgrade to TLS 1.2 immediately to ensure seamless access; please contact your system administrator or network provider today.
This change is currently available for customer testing in New Release and Certification.
Effective Sunday, February 25 (trade date Monday, February 26), CME Group is launching CME FX Link a new spot FX basis spread on CME Globex. CME FX Link will provide unique new capital, margin and operational benefits for the FX marketplace by efficiently linking trading activity in FX Futures and OTC Spot FX via CME Globex.
The spot FX basis spread will be offered between OTC Spot FX and CME FX futures for the following six currency pairs:
Learn more regarding CME Globex and CME STP.
CME FX Link functionality is currently available for customer testing in New Release.
In the second half of 2018, CME STP will support an increase to the maximum price precision from seven to nine decimal places to provide greater price granularity for future launches.
In Q4 2018, the first application of this new price format functionality, pending regulatory approval, will implemented be for 2-Year Treasury Note futures, future spreads and inter-commodity spreads.
For more on impacted products and CME Globex, iLink messaging, Drop Copy and Market Data impacts, view the CME Globex Client Impact Assessment.
All impacted attributes are on Trade Capture Reports at the Trade Capture Report or Trade Instrument Leg Group level.
| Level | Field Name | FIXML Attribute Name |
|---|---|---|
| TrdCaptRpt
|
Trade Price | LastPx |
| Average Price | AvgPx | |
| Differential Price | DiffPx | |
| /TrdCaptRpt/TrdLeg | Leg Last Price | LastPx |
| Leg Differential Price | DiffPx |
These enhancements will be available for testing in New Release in the first half of 2018.
† Denotes update to the article
The TLS change previously scheduled for this Sunday, December 17, has been postponed to ensure customer readiness. The new effective date will be announced soon. Customers are strongly encouraged to upgrade to TLS 1.2 immediately to ensure seamless access; please contact your system administrator or network provider today.
This change is currently available for customer testing in New Release and Certification.
Effective Sunday, February 25 (trade date Monday, February 26), CME Group is launching CME FX Link a new spot FX basis spread on CME Globex. CME FX Link will provide unique new capital, margin and operational benefits for the FX marketplace by efficiently linking trading activity in FX Futures and OTC Spot FX via CME Globex.
The spot FX basis spread will be offered between OTC Spot FX and CME FX futures for the following six currency pairs:
Learn more regarding CME Globex and CME STP FIX.
CME FX Link functionality is currently available for customer testing in New Release.
In the second half of 2018, CME STP FIX will support an increase to the maximum price precision from seven to nine decimal placesto provide greater price granularity for future launches.
In Q4 2018, the first application of this new price format functionality, pending regulatory approval, will implemented be for 2-Year Treasury Note futures, future spreads and inter-commodity spreads.
For more on impacted products and CME Globex, iLink messaging, Drop Copy and Market Data impacts, view the CME Globex Client Impact Assessment.
All impacted attributes are on Trade Capture Reports at the Trade Capture Report or Trade Instrument Leg Group level.
| Level | FIX Tag | Field Name | FIXML Attribute Name |
|---|---|---|---|
| TrdCaptRpt
|
31 | Trade Price | LastPx |
| 6 | Average Price | AvgPx | |
| 10033 | Differential Price | DiffPx | |
| /TrdCaptRpt/TrdLeg | 637 | Leg Last Price | LastPx |
| 2492 | Leg Differential Price | DiffPx |
These enhancements will be available for testing in New Release in the first half of 2018.
† Denotes update to the article
The TLS change previously scheduled for this Sunday, December 17, has been postponed to ensure customer readiness. The new effective date will be announced soon. Customers are strongly encouraged to upgrade to TLS 1.2 immediately to ensure seamless access; please contact your system administrator or network provider today.
This change is currently available for customer testing in New Release and Certification.
Effective Sunday, February 25 (trade date Monday, February 26), CME FX Link, a new spot FX basis spread, will launch on CME Globex. CME FX Link will provide unique new capital, margin and operational benefits for the FX marketplace by efficiently linking trading activity in FX Futures and OTC Spot FX.
The spot FX basis spread will be offered between OTC Spot FX and CME FX futures for the following six currency pairs:
CME FX Link trades is currently available in CME STP Trade View for customer testing in New Release.
Learn more about CME FX Link on CME Globex.
Please contact the following support teams for: