Effective Sunday, July 25, the following CME FX options on futures will change to the variable minimum tick increment of 02. Currently, these instruments use a fixed tick increment.
· EUR/CHF (tag 1151-SecurityGroup=RF)
· EUR/JPY (tag 1151=RY)
· EUR/GBP (tag 1151=RP)
The Variable Tick Table (VTT) values and corresponding minimum tick increments per price are defined in the instrument’s Security Definition message (tag 35-MsgType=d) in the repeating group tag 871-InstAttribType=23, tag 872-InstAttribValue=variable tick table value, as described in the FIX/FAST Message Specifications module of the FIX/FAST SDK.
These options will be available with the VTT enabled in New Release for customer testing Monday, July 12.