CME STP Notices: October 11, 2018

CME STP

Price Precision Extension - January 13

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, 2019 (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 are currently available for testing in New Release.

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Update Update - Consolidated Trade Capture Report Messages in STP  - February 3, 2019

† Denotes update to the article

Starting Sunday, February 3, 2019 (trade date Monday, February 4), CME Group will launch consolidated iLink fill messages on CME Globex to reduce the number of iLink Execution Report - Fill messages. With this launch, CME Globex will consolidate Fill Execution Reports.

This consolidation will be reflected in the STP Trade Capture Report (TCR) messages as a reduced number of TCR messages for †all trades except the swap legs of Invoice Swaps, Invoice Swap Calendars and Invoice Swap Switch spreads.

Please see the Client Impact Assessment for the full rollout schedule, consolidation scenarios and examples.

Starting on Monday, October 22, this enhancement will be available for customer testing in New Release.

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New New - Memo Field in CME STP - March 31, 2019

Effective Sunday, March 31, 2019 (trade date Monday, April 1), in response to customer requests, a new Memo field (TrdCaptRpt/RptSide/@Mem) will be supported on CME STP messages for CME Globex trades. The new iLink order tag, 5149-Memo, allows customers to submit a free-form note that will be exposed on CME STP trade capture reports to facilitate end-of-day reconciliations between trading and clearing firms.

This enhancement will apply to all trades, except the swap legs of Invoice Swaps, Invoice Swap Calendars and Invoice Swap Switch spreads.

This enhancement will be available for customer testing in New Release on Monday, October 22.

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CME STP FIX

Price Precision Extension - January 13

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, 2019 (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 are currently available for testing in New Release.

Back to Top

Update Update - Consolidated Trade Capture Report Messages in STP FIX - February 3, 2019

† Denotes update to the article

Starting Sunday, February 3, 2019 (trade date Monday, February 4), CME Group will launch consolidated iLink fill messages on CME Globex to reduce the number of iLink Execution Report - Fill messages. With this launch, CME Globex will consolidate Fill Execution Reports.

This consolidation will be reflected in the STP Trade Capture Report (TCR) messages as a reduced number of TCR messages for †all trades except the swap legs of Invoice Swaps, Invoice Swap Calendars and Invoice Swap Switch spreads.

Please see the Client Impact Assessment for the full rollout schedule, consolidation scenarios and examples.

Starting on Monday, October 22, this enhancement will be available for customer testing in New Release.

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New New - Memo Field in CME STP FIX - March 31, 2019

Effective Sunday, March 31, 2019 (trade date Monday, April 1), in response to customer requests, a new Memo field (tag 5149-Mem) will be supported on CME STP messages for CME Globex trades. The new iLink order tag, 5149-Memo, allows customers to submit a free-form note that will be exposed on CME STP trade capture reports to facilitate end-of-day reconciliations between trading and clearing firms.

This enhancement will apply to all trades, except the swap legs of Invoice Swaps, Invoice Swap Calendars and Invoice Swap Switch spreads.

This enhancement will be available for customer testing in New Release on Monday, October 22.

CME STP Trade View

Update Update - Consolidated Trade Capture Report Messages in STP Trade View  - February 3, 2019

† Denotes update to the article

Starting Sunday, February 3, 2019 (trade date Monday, February 4), CME Group will launch consolidated iLink fill messages on CME Globex to reduce the number of iLink Execution Report - Fill messages. With this launch, CME Globex will consolidate Fill Execution Reports.

This consolidation will be reflected in the STP Trade Capture Report (TCR) messages as a reduced number of TCR messages for †all trades except the swap legs of Invoice Swaps, Invoice Swap Calendars and Invoice Swap Switch spreads.

Please see the Client Impact Assessment for the full rollout schedule, consolidation scenarios and examples.

Starting on Monday, October 22, this enhancement will be available for customer testing in New Release.

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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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