CME STP Notices: November 7, 2018

CME STP

New New - Customer Order Handling Instruction - December 2

Effective Sunday, December 2 (trade date Monday, December 3), to provide an improved straight-through processing experience, trades executed on CME Globex will support a new Customer Order Handling Instruction attribute at the Report Side level on CME STP Trade Capture Reports.

This enhancement will be available for customer testing in New Release on Tuesday, November 20.

Back to Top

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

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

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 aggressor 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.

This enhancement is currently available for customer testing in New Release.

Back to Top

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.

Back to Top

CME STP FIX

Update Update - CME STP FIX Premium Amount Supported for Options Trades - December 2

† Denotes update to the article

Effective †Sunday, December 2 (trade date Monday, December 3), the Leg Position Amount Data block will be supported in CME STP FIX for CME Cleared Option Mleg 3 trades (MLegRptTyp = 3), in addition to Mleg 2 trades (MLegRptTyp = 2).

LegPositionAmountData Block (TrdCaptRpt/RptSide/Amt) 

This enhancement will be available for customer testing in New Release on † Tuesday, November 13.

Back to Top

New New - Customer Order Handling Instruction - December 2

Effective Sunday, December 2 (trade date Monday, December 3), to provide an improved straight-through processing experience, trades executed on CME Globex will support a new Customer Order Handling Instruction attribute at the Report Side level on CME STP Trade Capture Reports.

This enhancement will be available for customer testing in New Release on Tuesday, November 20.

Back to Top

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

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

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 aggressor 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 ofInvoice Swaps, Invoice Swap Calendars and Invoice Swap Switch spreads.

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

This enhancement is currently available for customer testing in New Release.

Back to Top

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

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

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 aggressor 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.

This enhancement is currently available for customer testing in New Release.

Back to Top

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.

Back to Top