CME SDR - Production Release Notes

The following functionality will be deployed to CME SDR, in production, at the close of US business on Friday October 17^th . This functionality currently exists within our New Release environment. The changes described below all pertain to optional fields that are meant to facilitate the CFTC’s data harmonization efforts across SDRs.

Additions to CSV Submission Fields

• RptPtyType

This field represents the entity classification of the reporting counterparty. A value of “NFE” will now be available for specification within this field. On a given trade, this new value is to be used to specify that the reporting counterparty is a Non-Financial Entity. The full list of valid values for this field are now “SD”, “MSP”, “FE” and “NFE” which respectively denote “Swap Dealer”, “Major Swap Participant” , “Financial Entity” and “Non Financial Entity” classifications.  If this field is not applicable it should remain blank.

• NonRptPtyType

This field represents the entity classification of the non-reporting counterparty. A value of “NFE” will now be available for specification within this field. On a given trade, this new value is to be used to specify that the non-reporting counterparty is a Non-Financial Entity. The full list of valid values for this field are now “SD”, “MSP”, “FE” and “NFE” which respectively denote “Swap Dealer”, “Major Swap Participant” , “Financial Entity” and “Non Financial Entity” classifications.  If this field is not applicable it should remain blank.

Additions to SDR FIXML Specification

• Non Financial Entity classification

The non-financial entity classification mentioned above can be specified on FIXML submissions by using the appropriate sub type within the party role block on the FIXML message. This can be accomplished per the following FIXML message syntax:

                    <Sub Typ="47" ID="N"/>                   

• Non US Person Entity classification

        Submitting entities can now specify that they are non-US Persons by using the appropriate sub type within the party role block on the FIXML message. This can be accomplished per the following FIXML message syntax:

                    <Sub Typ="48" ID="N"/>

Message Excerpts

                In keeping with the above specifications, FIXML message excerpts containing the entity classifications mentioned above are as follows:

• Reporting Counterparty as Non-Financial Entity:

                <Pty R="7" ID="LEI00000PARTYA" Src="N">

                <Sub Typ="49" ID="Y" />        

                <Sub Typ="47" ID="N" />

                </Pty>

• Non-Reporting Counterparty as Non-Financial Entity:

                <Pty R="7" ID="LEI00000PARTYA" Src="N">

                <Sub Typ="47" ID="N" />

                </Pty>

• Reporting Counterparty as Non-US Person:

                <Pty R="7" ID="LEI00000PARTYA" Src="N">

               <Sub Typ="49" ID="Y" />        

                <Sub Typ="48" ID="N" />

                </Pty>

• Non-Reporting Counterparty as Non-US Person:

                <Pty R="7" ID="LEI00000PARTYA" Src="N">        

                <Sub Typ="48" ID="N" />

                </Pty>

Please contact the CME Repository Service Support Team with any questions.

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