CME Globex Notices: January 13, 2014

CME Globex Performance Enhancements
Starting Sunday, January 5 (trade date Monday, January 6), performance enhancements will be launched on the following CME Globex markets. With this launch, internal testing indicates:

• iLink latency will improve up to 30%.
• Per event, iLink fill notices (tag 35-MsgType=8, tag 39-OrdStatus=1 or 2) will be published before or at the same time as the last market data trade message
• For each individual trade, iLink fill notices will be published before or at the same time as the associated market data trade messages
• Due to performance improvements, packets per second (PPS) on implied MDP channels may increase up to 100%

These enhancements are part of our ongoing efforts to provide best-in-class technology and service on CME Globex.

January 19, 2014

• CBOT treasury options; tag 1300=58
• CME equity options; tag 1300=54

January 26, 2014

• CBOT treasury futures; tag 1300=84

February 2, 2014

• NYMEX crude energy futures; tag 1300=80

February 9, 2014
 

• CME Eurodollar futures; tag 1300=82

February 23, 2014

• CME and CBOT Commodity futures; tag 1300=70 and 72
• Hosted PE markets and NYMEX emissions futures; tag 1300=74

New Public Source IPs for Certification and New Release Environment
At customers’ requests to increase network flexibility, the Certification and New Release Environments will move from private to public source IPs for iLink, Drop Copy and FIX/FAST market data channels at the close of business on Friday, January 24, 2014. If a firewall or network device is configured with the source IP information, please correct your configuration to use the entire range of eligible addresses.

iLink

• Customers will receive the new public IPs for iLink via an AutoCert+ generated email on Wednesday, December 18, 2013. Subsequent email reminders will be sent prior to the close of business on Friday, January 24, 2014. If you require the new public IPs before Wednesday, December 18, 2013, please contact  Global Account Management or   Certification Support for Electronic Trading (CSET).

Drop Copy

• All testing Drop Copy ID in the Certification and New Release Environments will be deleted on Friday, January 24, 2014. Please contact  Global Account Management to obtain new Drop Copy IDs to access Drop Copy testing environments.

FIX/FAST Market Data Channels

• The new Port, multicast addresses, and source IPs for FIX/FAST market data channels are currently available for download in the config.xml file on the CME Group  FTP site for New Release and Certification environments.

 New iLink Architecture in 2014
In 2014, CME Group will launch a new iLink architecture with design and network enhancements. The new architecture is designed to:

• Extend First In, First Out (FIFO) message handling from the trading engine to the order entry gateway
• Reduce variability
• Harden risk management for order entry bursts

Details on the new iLink Architecture roadmap can be found  online. For an overview of the new iLink architecture, please review the  iLink Architecture webinar.

This release will be phased in as follows:

• January 26
  • New IPs for existing iLink sessions
• February 2
  • Phase 1: iLink Market Segment Gateway for Trade At Settlement (TAS) products
• March 14
  • New network architecture and hardware for order entry
• 2nd Half of 2014
  • Market Segment Gateways for all markets

Further details on each of these phases will be published in the CME Globex Notices.

New IPs for Existing iLink Sessions
Effective Sunday, January 26, to prepare for the upcoming network changes, all production iLink session IPs that end in an even-numbered octet will be changed to an odd-numbered octet. Customers can determine their new IP by adding 13 to the last octet of their current IP. This  table lists the impacted current IPs and their new assigned IP. This change only affects production iLink IPs.

A telnet connectivity test for the new IPs will be offered Saturday, January 25, from 9:00 a.m. to 1:00 p.m. Central Time. All impacted customers are encouraged to test their new configurations.

If you experience any connectivity issues, please contact CME Global Command Center in the U.S. at in the US at +1 800 438 8616, in Europe at +44 800 898 013 or in Asia at +65 6532 5010.

CME Group encourages customers to evaluate their session needs and delete any sessions that are no longer needed. Please contact your  Global Account Manager with any questions.

Phase 1: iLink Market Segment Gateway
Effective Sunday, February 2 (trade date Monday, February 3), the new Phase 1 iLink Market Segment Gateway (MSGW) will launch in production. This new gateway will extend FIFO message handling to the gateway; currently, FIFO is assured at the trading engine only. In addition, these MSGWs leverage cutting-edge technology to provide the lowest latency solution. The current iLink gateways (Convenience Gateways) will continue to be supported.

With this launch, access to the  TAS markets during the early minutes of the pre-open will be restricted to the new Phase 1 MSGW sessions. Five minutes before the market opens, TAS orders will be accepted through any iLink session.

New iLink sessions will be issued on the Phase 1 MSGW upon request, to a maximum of five new sessions per Executing Firm.

On Saturday, January 25, CME Group will conduct a customer mock trading session. An  overview of the mock trading session is now available.

The new Phase 1 MSGW is currently available for customer testing in New Release. To facilitate testing the different access configurations, the trading schedule for TAS markets in New Release will be adjusted to pre-open every 30 minutes, from 5:00 p.m. Central Time, Sunday – Thursday through 1:30 p.m. Monday – Friday.

Contact your  Global Account Manager to request a new Production or New Release Phase 1 MSGW session.

Drop Copy Enhancements - New Ports for All Drop Copy Sessions
Effective Sunday, February 23, a number of enhancements will be introduced to provide further consistency across iLink and Drop Copy.

These enhancements include:

• New supported FIX tags on Drop Copy messages – inbound and outbound

Currently, when these tags are submitted on the inbound Drop Copy messages sent from client systems, they are not returned in the outbound Drop Copy messages sent to client systems.

Detailed description of these FIX tags is available  online.

• Drop Copy FIX Resend Process Enhancement

With this enhancement, Drop Copy will allow only one FIX resend request at a time. Customers will receive a Session Level Reject (tag 35=3) when submitting a FIX Resend Request while another FIX Resend Request is in process. Currently, customers can submit multiple FIX Resend Request (tag 35-MsgType=2) consecutively, potentially negatively impacting performance.

For this launch, all production Drop Copy sessions will migrate to new ports. Certification and New Release sessions will not be affected. Your Global Account Manager will provide the new port information starting Thursday, January 9.

Certification for this launch is not required. These enhancements will be available in New Release and Certification environments for customer testing on January 27.

Please contact your  Global Account Manager in the U.S. at 312 634 8700, in Europe at 44 203 379 3754, or in Asia at 65 6593 5505 with any questions.

New CME Globex Market Data Protocol
In Q2 2014, CME Group is introducing Market Data Platform (MDP) 3.0, a low latency and direct data access solution designed to improve customers' ability to process and act on real-time price information. The protocol production dates will be announced in future CME Globex and Market Data Notices.

Important Update: Based on customer feedback, MDP 3.0 is being updated with a new trade reporting functionality. This update will impact the message layouts and require a new template for trade messages only. The Client Impact Assessment has been updated to reflect the new trade messaging, which will be available for testing in New Release in early Q2 2014. Customers should not develop to the current trade reporting messages, since it will be changed before the production launch; all other messaging and functionality will remain unchanged.

MDP 3.0 includes:

• Simple Binary Encoding (SBE); replaces the current FAST compression model
• FIX 5.0 (SP2) Market by Price messaging formats
• Event-driven market price and trade information
• Enhanced market state dissemination
• Increased timestamp granularity
• Trade identifier on both market data and order entry messages

The  client impact assessment,  functional specifications, and  message specifications provide detailed functionality and messaging information.

MDP 3.0 channels and functionality are currently available in New Release.

Please Note: There will be a new version of the MDP 3.0 NR Schema file available next week via the  CME Group FTP site, for use in New Release beginning on Sunday, January 19, 2014. These new templates will not be backward compatible. Due to the nature of the changes, the old templates and template ids will not be persisted in the Schema File. An update to the Schema Version will accompany the new templates and template ids.

A new MDP 3.0 certification suite will be available in AutoCert+. Customer systems receiving market data via CME Globex must complete this mandatory certification.

Real Logic Ltd. and Informatica have collaborated to create open source tools that provide extensive support for Simple Binary Encoding (SBE), the messaging standard developed through The Financial Information Exchange (FIX) Trading Community. The SBE decoders will create an environment that can be used directly by customers or treated as a reference implementation that can be extended into custom solutions tailored to individual customer’s needs. The information and tool are open to the public under an Apache Public License and available  here.

Please contact your  Global Account Manager with any questions or concerns in the U.S. at +1 312 634 8700, in Europe at +44 203 379 3754 or in Asia at +65 6593 5505 for additional information.

Drop Copy Certification
Due to customer requests for additional time, the Drop Copy certification deadline previously scheduled for Friday, November 8, has been postponed. A new deadline will be announced in future CME Globex Notices.

CME Group encourages customers to continue working on the Drop Copy certification prior to the new certification deadline.

Due to the upcoming  Mass Order Cancel functionality, all Drop Copy customers must complete a new Drop Copy certification for the new outbound message. The new certification suites are now available in Autocert+.

Mass Order Status Functionality on CME Globex
Effective Sunday, March 23 (trade date Monday, March 24), CME Group will launch Mass Order Status functionality to provide an efficient way to obtain status for all working orders with a single request.

A new message type, Order Mass Status Request (tag 35-MsgType=AF), will be introduced to obtain status for working orders for a particular instrument, instrument group, or all working orders.

Detailed information including messaging impacts and launch schedules are available in the  Client Impact Assessment.

The Mass Order Status functionality will be available for customer testing in New Release on Monday, January 27.

Certification via AutoCert+ is mandatory for iLink customers who wish to use Mass Order Status functionality. The new certification suite will be available in Autocert+ on Monday, January 27.

Please contact your  Global Account Manager with any questions or concerns in the U.S. at +1 312 634 8700, in Europe at +44 20 3379 3754 or in Asia at +65 6593 5505 for additional information.

CME Europe on CME Globex
Pending regulatory approval, CME Europe markets will be available via CME Globex for iLink order routing and market data on a launch date to be determined. The launch date will be published in the CME Globex notice.

Only non-US customers are eligible to trade on CME Europe. Eligible customers who would like to trade CME Europe products must establish all appropriate agreements and accounts to be authorized to trade CME Europe products and clear through CME Clearing Europe.

The launch includes the following impacts:

• New  futures calendar spread type
  • For the 10 major currency pairs the SD spread type will not tick in a reduced increment from the outright contract.
  • All other currency pairs will have reduced calendar spreads
• New tag value to identify the exchange
• New products in FX Futures
• New market data channels to disseminate market data
• New streamlined Fix/Fast market data to publish block information

The  client impact assessment provides detailed functionality and messaging for customer systems interested in supporting CME Europe products via CME Globex.

Onboarding information is available  online.

A new CME Europe mandatory certification suite is currently available in AutoCert+. Customer systems that plan to support CME Europe via CME Globex must complete this certification.

The implementation is currently available in New Release for customer testing.

Please contact your  Global Account Manager for further information.

Mass Order Cancel Functionality on CME Globex
The Mass Order Cancel Functionality previously scheduled to launch Sunday, November 10 and Sunday, November 17, has been postponed. A new launch date will be announced in future CME Globex Notices.

Mass Order Cancel provides an efficient way to cancel all working orders in an instrument, group or market segment via a single request.

A new message type, Order Mass Action Request (tag 35-MsgType=CA), will be offered to cancel working orders. FIX/FAST tag 1300-MarketSegmentID in the market data Security Definition (tag 35-MsgType=d) message identifies products within a Market Segment.

Detailed information including messaging impacts and launch schedules are available in the  Client Impact Assessment.

The Mass Order Cancel functionality is currently available for customer testing in New Release.

Certification via AutoCert+ is mandatory for iLink customers who wish to use Mass Order Cancel functionality. The new certification suite is currently available.

Please contact your  Global Account Manager with any questions or concerns in the U.S. at +1 312 634 8700, in Europe at +44 20 3379 3754 or in Asia at +65 6593 5505 for additional information.

 KC Hard Red Winter Wheat Commodity Calendar Spread Option (CSO)
Effective Sunday, January 26 (trade date Monday, January 27), the following options on the KC HRW Wheat futures calendar spreads will be listed for trading on the CME Globex.

Settlement prices will be published for the synthetic futures to support customer options pricing models.

These are currently available for customer testing in New Release.

These contacts are listed with, and subject to, the rules and regulations of CBOT.

 Listing Cycle Changes for Wheat-Corn Intercommodity Calendar Spread Options (ICSO)
Effective Sunday, January 26, (trade date Monday, January 27), Wheat-Corm Inter-Commodity Spread options listing schedule will be expanded to March, May, and September maturities. With this change, the listing schedule will be 10 maturities of March, May, July, September and December. Currently, only 4 maturities of July and December are listed.

These changes are currently available in New Release for customer testing.

These contracts are listed with, and subject to, the rules and regulations of CBOT.

 Expansion of Strike Listings Weekly Options on E-mini S&P 500 Futures & Options on S&P 500 Futures
Effective Sunday, January 26, (trade date Monday, January 27), the strike price listing rules for the E-mini S&P 500 and S&P 500 Weekly options will be expanded as follows:

• To list strike intervals ±75 underlying futures contract settlement price on the previous trading day.

These changes will be available for customer testing in New Release on Monday, January 20.

These contacts are listed with, and subject to, the rules and regulations of CME.

 Listing Cycle Expansion for CME S&P GSCI-ER Changes
Effective Sunday, January 26, (trade date Monday, January 27) the listing cycle for the CME S&P GSCI-ER futures (tag1151-SecurityGroup=GIE, tag 55-Symbol=GA) will be expanded to list the nearest 4 maturities. Currently, only one maturity is listed at a given time.

This change will be available for customer testing in New Release on Monday, January 20.

These contacts are listed with, and subject to, the rules and regulations of CME.

CME Global Command Center Phone Number and Menu Changes
Effective this Sunday, January 19, 2014, the CME Global Command Center’s (GCC) telephone numbers and phone menu options will be modified to enhance our ability to expedite and resolve customer requests.

Support phone numbers for CME Globex and CME ClearPort:
U.S. +1 800 438 8616
Europe +44 800 898 013
Asia +65 6532 5010

Additional information on this change, including the new GCC phone menu is available  online.

If you have any questions, please contact the CME Global Command Center in the US at +1 800 438 8616, in Europe at +44 800 898 013 or in Asia at +65 6532 5010.

 CME Globex Messaging Efficiency Program 2014 Holiday Calendar
The CME Globex Messaging Efficiency Program Holiday Calendar is now available  online. As outlined in the  CME Globex Messaging Efficiency Program (MEP), the MEP is not applied on certain dates before/on/after U.S. recognized holidays. This gives customers advance notice as to when MEP Ratios for all Product Groups included in the Program will not be enforced.

CME Globex Connectivity Update: EConnect Secaucus
CME Group is expanding its network to include a point of presence (PoP) at the Equinix data center in Secaucus, NJ. As a result, customers will be able to order redundant connections to the CME Group production and DR environments via a customer managed connectivity option called EConnect Secaucus. With this option, customers located within the NY4/NY5 Equinix campus can order cross connects to CME Group for a monthly charge of $4,000.

Customers can also order a separate Cert Data Center connection to access CME Group’s Certification and New Release environments. CME Group does not charge for access to its Certification and New Release environments, however customers may incur one-time and/or recurring cross connect charges from their data center provider.

Starting in March 2014, CME Group will accept 1 Gbps single-mode fiber cross connect orders to EConnect Secaucus and Cert Data Center.

Please contact your  Global Account Manager in the U.S. at 312 634 8700, in Europe at 44 203 379 3754, or in Asia at 65 6593 5505 for additional information.