{"id":100041,"date":"2024-01-12T11:47:36","date_gmt":"2024-01-12T17:47:36","guid":{"rendered":"https:\/\/tradingtechno3.wpenginepowered.com\/?post_type=support&p=100041"},"modified":"2024-01-12T11:47:37","modified_gmt":"2024-01-12T17:47:37","slug":"tfex-extended-trading-hours-tfex-order-entry-gateway-rebalance-and-more","status":"publish","type":"support","link":"https:\/\/tradingtechnologies.com\/support-updates\/tfex-extended-trading-hours-tfex-order-entry-gateway-rebalance-and-more\/","title":{"rendered":"TFEX: Extended Trading Hours, TFEX: Order Entry Gateway Rebalance and More"},"content":{"rendered":"\n\n\n\n\n\n\n

<\/span>TFEX: Extended Trading Hours<\/strong><\/span><\/h4>\n\n\n\n
January 15<\/strong><\/h5>\n\n\n\n

TFEX has announced plans for an extension of trading hours for Non-Equity Products with an effective date tentatively set for January 15. The exchange is planning a 2-phased approach for implementation of the changes with Phase 1 changes starting in January and Phase 2 changes tentatively scheduled to go into effect in February at a yet-to-be-determined date.<\/p>\n\n\n\n

The exchange requires that Members verify the new trading hours in the TFEX \u201cNEXT-B\u201d Test Environment which all Members may access at any time (pending exchange availability of the feature) in the TT UAT \u201cTFEX_DEV\u201d Environment.<\/p>\n\n\n\n

TT Platform Impact<\/strong><\/h5>\n\n\n\n

There is no impact to the TT platform. Since TT TFEX services already stay connected to the exchange past the new Non-Equity Products\u2018 closing time, no changes are required.<\/p>\n\n\n\n

<\/span>TFEX: Order Entry Gateway Rebalance<\/strong><\/span><\/h4>\n\n\n\n
January 20<\/strong><\/h5>\n\n\n\n

TFEX has announced the Order Entry Gateway Rebalance for Q1\/Q2 2024. For all members using a TFEX User Login that needs to change the gateway, an email should have been received from the exchange between 18 and 22 December containing information about the ID slated for rebalancing, and attendance confirmation survey, test schedule and the test script.<\/p>\n\n\n\n

All members who received such an email are requested to contact TT Onboarding or Service Management to discuss plans.<\/p>\n\n\n\n

On Jan 20, 2024 there is a connectivity test that is mandatory for all Members who are required to change their user logins. Members <\/p>\n\n\n\n

<\/span>CME: Mandatory Migration – iLink3 Binary Order Entry Protocol for CGW<\/strong><\/span><\/h4>\n\n\n\n
TBD<\/strong><\/h5>\n\n\n\n

CME is introducing iLink3 on Convenience Gateways (CGW) for trading futures and options on CME Globex. TT is targeting UAT to be available in Q2 2024. More details will follow in upcoming System Updates.<\/p>\n\n\n\n

CME will be going live in Production in February, however TT will not support CGW on ilink3 until later in the year. TT will provide customers with the ability to participate in Mock testing sessions which we will coordinate with CME and communicate details at a later date. CME will decommission CGW iLink2 on Jan 31, 2025 and all customers must migrate by December 31.<\/p>\n\n\n\n

TT will provide a high-level project milestone\/timeline document and will share a migration guide as we get closer to the go-live. Customers may be familiar with the MSGW ilink3 upgrade that occurred in 2019, and this CGW upgrade to ilink3 will be very similar.<\/p>\n\n\n\n

<\/span>B3 Binary Protocol<\/strong><\/span><\/h4>\n\n\n\n

B3 has introduced new, lower latency Binary protocols for Market Data via the Unified Market Data Feed (UMDF) and Order Entry via Simple Binary Encoding (SBE). <\/p>\n\n\n\n

TT is currently developing support for B3’s binary protocols both for market data and order entry, which will be available in UAT in Q1 2024. <\/p>\n\n\n\n

Please note that B3 continues to support the legacy protocols in parallel with the new Binary offering, and the TT migration will follow a phased approach:<\/p>\n\n\n\n