CME STP Notices May 18, 2018

CME STP

NewNew - CME STP Support for IRS Non-Deliverable Currencies: CLP, COP and CNY - May 20

Effective this Sunday, May 20 (trade date Monday, May 21), and pending all relevant CFTC regulatory review periods, CME STP will support Interest Rate Swaps (IRS) for three additional currencies: Chilean Peso (CLP), Colombian Peso (COP) and Chinese Yuan (CNY).

The following will display in the embedded FpML for these currencies:

• swapstream\calculationPeriodAmount\calculation\notionalSchedule\notionalStepSchedule\currency will be set to [ "CLP", "COP" or "CNY"].
• swapstream\settlementProvision\nonDeliverableSettlement\referenceCurrency  will be set to [ "CLP", "COP", "CNY"].
• swapstream\settlementProvision\nonDeliverableSettlement\fxFixingDate\businessCenters\businessCenter will "USNY" and ["CLSA" "COBO" or  "CNBE"].
• swapstream\settlementProvision\nonDeliverableSettlement\settlementRateOption set to a CLP, COP or CNY value. For example: "CNY.SAEC/CNY01".

This enhancement is currently available for testing in New Release.

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UpdateUpdate - Price Precision Extension - January 13, 2019

† Denotes update to the article

†CME Group is implementing end-to-end technology changes to support increased price granularity. Currently, CME Group systems support a maximum of 7 decimals. With this initiative, products with up to 9 decimals may be listed and traded. Effective Sunday, January 13 (trade date Monday, January 14), pending regulatory approval, the 2 Year Treasury Note futures and spreads will move from 7 decimals to 8 to support trading at 1/8 of 1/32.

†Customers are encouraged to move to support 9 decimals now; but there are no plans to list a product that uses the 9th decimal at this time.

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.

†These enhancements will be available for testing in New Release on Monday, June 11.

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CME STP FIX

NewNew - CME STP FIX Support for IRS Non-Deliverable Currencies: CLP, COP and CNY - May 20

Effective this Sunday, May 20 (trade date Monday, May 21), and pending all relevant CFTC regulatory review periods, CME STP FIX will support Interest Rate Swaps (IRS) for three additional currencies: Chilean Peso (CLP), Colombian Peso (COP) and Chinese Yuan (CNY).

The following will display in the embedded FpML for these currencies:

• swapstream\calculationPeriodAmount\calculation\notionalSchedule\notionalStepSchedule\currency will be set to [ "CLP", "COP" or "CNY"].
• swapstream\settlementProvision\nonDeliverableSettlement\referenceCurrency  will be set to [ "CLP", "COP", "CNY"].
• swapstream\settlementProvision\nonDeliverableSettlement\fxFixingDate\businessCenters\businessCenter will "USNY" and ["CLSA" "COBO" or  "CNBE"].
• swapstream\settlementProvision\nonDeliverableSettlement\settlementRateOption set to a CLP, COP or CNY value. For example: "CNY.SAEC/CNY01".

This enhancement is currently available for testing in New Release.

Back to Top

UpdateUpdate - Price Precision Extension - January 13, 2019

† Denotes update to the article

†CME Group is implementing end-to-end technology changes to support increased price granularity. Currently, CME Group systems support a maximum of 7 decimals. With this initiative, products with up to 9 decimals may be listed and traded. Effective Sunday, January 13 (trade date Monday, January 14), pending regulatory approval, the 2 Year Treasury Note futures and spreads will move from 7 decimals to 8 to support trading at 1/8 of 1/32.

†Customers are encouraged to move to support 9 decimals now; but there are no plans to list a product that uses the 9th decimal at this time.

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.

†These enhancements will be available for testing in New Release on Monday, June 11.

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Contacts

Please contact the following support teams for:

• New Release Environment Support:
  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.
• Production Environment Support:
  CME 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.

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