Topics in this issue include:
Effective this Sunday, April 14 (trade date Monday, April 15), to facilitate automation of a tiered fee schedule, CME STP will support Fee Multiplier at the Trade Capture Report level.
This enhancement supports the extension of the listing schedule for futures contracts on products such as the S&P 500 Total Return Index, where the tiered fee schedule maturities in the first two years (zero to 23 months out) are charged a base rate, maturities in the next three years (24 to 59 months out) are charged twice the base rate, and the furthest out maturities (60 months and more) are charged four times the base rate.
| Attribute | FIXML Abbreviation | Level | Description |
|---|---|---|---|
| Fee Multiplier | FeeMult | TrdCaptRpt | Multiplier used by Clearing to calculate fees. |
Please review the Clearing Advisory for additional information.
This enhancement is currently available for customer testing in New Release.
Effective this Sunday, April 14 (trade date Monday, April 15), to facilitate automation of a tiered fee schedule, CME STP FIX will support Fee Multiplier at the Trade Capture Report level.
This enhancement supports the extension of the listing schedule for futures contracts on products such as the S&P 500 Total Return Index, where the tiered fee schedule maturities in the first two years (zero to 23 months out) are charged a base rate, maturities in the next three years (24 to 59 months out) are charged twice the base rate, and the furthest out maturities (60 months and more) are charged four times the base rate.
| Fix Tag | Attribute | FIXML Abbreviation | Level | Description |
|---|---|---|---|---|
| 1329 | Fee Multiplier | FeeMult | TrdCaptRpt | Multiplier used by Clearing to calculate fees. |
Please review the Clearing Advisory for additional information.
This enhancement is currently available for customer testing in New Release.
Please contact the following support teams for: