• CME STP Notices: May 7, 2020

      • To
      • CME STP Customers
      • From
      • Global Market Solutions & Services (GMSS)
      • #
      • 20200507
      • Notice Date
      • 07 May 2020
    • For the latest roadmap of CME Group technology initiatives:
      See the Development Launch Schedule.

      CME STP

      UpdateUpdate - Enhancements to CME STP - May 17

      † Denotes update to the article

      Effective Sunday, May 17 (trade date Monday, May 18), to improve performance, the x-cme-token sent in the HTTPS header and FIXML messages for subscriptions and queries (where applicable) will increase in size. CME Group recommends that customer systems have the ability to handle a token length of up to 1500 bytes.

      †Please Note: To ensure a smooth transition after the change, customers are encouraged to be current with their subscriptions by the market close on Friday, May 15. On Sunday, May 17, to facilitate this change, CME requires that client systems initiate new subscriptions leveraging the Trade Capture Report Request (TrdCaptRptReq/ReqTyp=1, TrdCaptRptReq/SubReqTyp=†1) message or request unreported trades through the Trade Capture Report Request (TrdCaptRptReq/ReqTyp=3, TrdCaptRptReq/SubReqTyp=1) message.

      Customers are encouraged to test this change which is now available for customer testing in New Release.

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      Enhancement to CME STP Transaction Type - Q3 2020

      In Q3 2020, new trades on CME STP submitted through CME ClearPort will be reported using TransTyp=”0” (New), currently new trades are reported using TransTyp=”2” (Replace).

      Name Abbr Datatype Description Enumerations
      TransactionType TransTyp int Indicates the action being taken on a trade. 0 - New
      1 - Cancel
      2 - Replace

       

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

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      CME STP Support of BrokerTec Markets - Q4 2020

      Effective Q4 2020 subject to applicable regulatory approvals, to support the integration of BrokerTec markets with CME Group technology, transactions executed on CME Globex, BrokerTec Direct, and registered external deals will be available for consumption on CME STP and CME STP FIX.

      Please Note: Client systems that submit subscriptions for trades with dates covering the cut-over weekends will receive trades executed in the previous week.

      For more information, including specifications and workflows, please review the Client Impact Assessments.

      These enhancements will be available for customer testing in New Release as follows:

      New Release Availability
      Functionality Availability
      BrokerTec US Active, EGB and Gilts Markets
      • Trade Capture Reports
      Available
      BrokerTec US and EU Repo Markets
      • Trade Capture Reports
      Available
      All BrokerTec markets
      • Trade Capture Reports and Collateral reports
      H1 2020

      For further information, contact CME STP Onboarding and General Information:

      US: 1 212 299 2445
      Europe: 44 20 3379 3797
      Asia: 65 6593 5582
      Email:STP@cmegroup.com

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      CME STP FIX

      Enhancement to CME STP FIX Transaction Type - Q3 2020

      In  Q3 2020, new trades on CME STP FIX submitted through CME ClearPort will be reported using TransTyp=”0” (New), currently new trades are reported using TransTyp=”2” (Replace).

      Name FIXML Abbr Req Format Description Enumerations
      TradeReportTransType TransTyp N int Indicates the action being taken on a trade.
      • 0 - New
      • 1 - Cancel
      • 2 - Replace

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

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      CME STP Support of BrokerTec Markets - Q4 2020

      Effective Q4 2020 subject to applicable regulatory approvals, to support the integration of BrokerTec markets with CME Group technology, transactions executed on CME Globex, BrokerTec Direct, and registered external deals will be available for consumption on CME STP and CME STP FIX.

      Please Note: Client systems that submit subscriptions for trades with dates covering the cut-over weekends will receive trades executed in the previous week.

      For more information, including specifications and workflows, please review the Client Impact Assessments.

      These enhancements will be available for customer testing in New Release as follows:


      New Release Availability
      Functionality Availability
      BrokerTec US Active, EGB and Gilts Markets
      • Trade Capture Reports
      Available
      BrokerTec US and EU Repo Markets
      • Trade Capture Reports
      Available
      All BrokerTec markets
      • Trade Capture Reports and Collateral reports
      H1 2020

      For further information, contact CME STP Onboarding and General Information:

      US: 1 212 299 2445
      Europe: 44 20 3379 3797
      Asia: 65 6593 5582
      Email:STP@cmegroup.com

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      Contacts

      Please contact the following support teams for:

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