{"id":89938,"date":"2020-07-30T13:59:00","date_gmt":"2020-07-30T18:59:00","guid":{"rendered":"https:\/\/tradingtechno3.wpenginepowered.com\/?post_type=support&#038;p=89938"},"modified":"2020-08-07T11:39:25","modified_gmt":"2020-08-07T16:39:25","slug":"system-admin-news-updates-hkex-new-product-additions-msci-asia-emerging-market-index-futures-options-cme-changes-to-e-mini-nasdaq-100-options-resting-order-eliminations-tocom-product-mig","status":"publish","type":"support","link":"https:\/\/tradingtechnologies.com\/support-updates\/system-admin-news-updates-hkex-new-product-additions-msci-asia-emerging-market-index-futures-options-cme-changes-to-e-mini-nasdaq-100-options-resting-order-eliminations-tocom-product-mig\/","title":{"rendered":"Updates for July 30, 2020"},"content":{"rendered":"\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"hkex-new-product-additions-%e2%80%93-msci-asia-and-emerging-market-index-futures-and-options\"><\/span><strong>HKEX: New Product Additions &#8211; MSCI Asia and Emerging Market Index Futures and Options&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>July-Q4 2020<\/strong><\/h5>\n\n\n\n<p>HKEX will be adding MSCI Asia and Emerging Market Index futures and options in phases. Final dates have not been provided. Tentative launch date for Phase 1b batch 1 is August 3, and batch 2 August 17. Tentative launch for Phase 1c is Q4 2020.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>X_TRADER\u00ae Platform Impact<\/strong><strong><br><\/strong>To trade these products, apply an updated <a href=\"https:\/\/download.tradingtechnologies.com\/File\/Detail\/29091\">pMerge file<\/a> to all HKEX Gateways:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Copy the HKEX.pmg file to <strong>&lt;drive letter&gt;:\\tt\\config<\/strong>.<\/li><li>Stop GuardServer.<\/li><li>Navigate to <strong>&lt;drive letter&gt;:\\tt\\bin<\/strong>.<\/li><li>Double-click <strong>pMerge.exe<\/strong>. The <strong>Enter Exchange Name<\/strong> window appears.<\/li><li>Specify the exchange name and flavor and click <strong>OK<\/strong>. The <strong>Open Guardian product table merge file<\/strong> window appears.<\/li><li>Navigate to <strong>&lt;drive letter&gt;:\\tt\\config<\/strong> and select the <strong>HKEX.pmg<\/strong> file. pMerge will update the existing Guardian Product Table with the correct values. After pMerge completes its tasks, the pMerge status bar displays <em>Finished<\/em>.<\/li><li>Close the pMerge status bar.<\/li><li>Start GuardServer.<\/li><\/ol>\n\n\n\n<p>The above listed steps need to be repeated for each HKEX Gateway.<\/p>\n\n\n\n<p>After pMerge runs, verify that the Guardian Product Table contains the following values:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Phase<\/strong><\/td><td><strong>Contract<\/strong><\/td><td><strong>Product Code<\/strong><\/td><td><strong>Point Value<\/strong><\/td><\/tr><tr><td>1a<\/td><td>MSCI Taiwan (USD) Index Futures<\/td><td>MTW<\/td><td>100<\/td><\/tr><tr><td>1a<\/td><td>MSCI Taiwan Net Total Return (USD) Index Futures&nbsp;<\/td><td>MWN<\/td><td>100<\/td><\/tr><tr><td>1a<\/td><td>MSCI Japan Net Total Return (USD) Index Futures&nbsp;<\/td><td>MJU<\/td><td>10<\/td><\/tr><tr><td>1a<\/td><td>MSCI India Net Total Return (USD) Index Futures<\/td><td>MIN<\/td><td>100<\/td><\/tr><tr><td>1a<\/td><td>MSCI China Free Net Total Return (USD) Index Futures&nbsp;<\/td><td>MCN<\/td><td>50<\/td><\/tr><tr><td>1a<\/td><td>MSCI Indonesia Net Total Return (USD) Index Futures&nbsp;<\/td><td>MDN<\/td><td>10<\/td><\/tr><tr><td>1a<\/td><td>MSCI Australia Net Total Return (USD) Index Futures&nbsp;<\/td><td>MAN<\/td><td>10<\/td><\/tr><tr><td>1a<\/td><td>MSCI Thailand Net Total Return (USD) Index Futures<\/td><td>MTN<\/td><td>10<\/td><\/tr><tr><td>1a<\/td><td>MSCI Malaysia Net Total Return (USD) Index Futures<\/td><td>MMN<\/td><td>100<\/td><\/tr><tr><td>1a<\/td><td>MSCI EM Asia Net Total Return (USD) Index Futures<\/td><td>EAN<\/td><td>100<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Products in future releases are listed below and included in the HKEX.pmg file. They are not yet available in the HKEX Test Environment, dates will be provided in the future.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Phase<\/strong><\/td><td><strong>Contract<\/strong><\/td><td><strong>Product Code<\/strong><\/td><td><strong>Point Value<\/strong><\/td><\/tr><tr><td>1a<\/td><td>MSCI Singapore Free (SGD) Index Futures<\/td><td>MSG<\/td><td>100<\/td><\/tr><tr><td>1a<\/td><td>MSCI Singapore Net Total Return (USD) Index Futures<\/td><td>MSN<\/td><td>5<\/td><\/tr><tr><td>1a<\/td><td>MSCI Vietnam Net Total Return (USD) Index Futures<\/td><td>MVN<\/td><td>50<\/td><\/tr><tr><td>1a<\/td><td>MSCI Hong Kong Net Total Return (USD) Index Futures<\/td><td>MHN<\/td><td>1<\/td><\/tr><tr><td>1a<\/td><td>MSCI Philippines Net Total Return (USD) Index Futures<\/td><td>MPN<\/td><td>50<\/td><\/tr><tr><td>1a<\/td><td>MSCI Indonesia Index (USD) Futures<\/td><td>MID<\/td><td>2<\/td><\/tr><tr><td>1a<\/td><td>MSCI Emerging Markets Net Total Return (USD) Index Futures<\/td><td>EMN<\/td><td>100<\/td><\/tr><tr><td>1a<\/td><td>MSCI Emerging Markets (USD) Index Futures<\/td><td>MEM<\/td><td>50<\/td><\/tr><tr><td>1b<\/td><td>MSCI India (USD) Index Futures<\/td><td>MDA<\/td><td>50<\/td><\/tr><tr><td>1b<\/td><td>MSCI China Free (USD) Index Futures<\/td><td>MCU<\/td><td>5<\/td><\/tr><tr><td>1b<\/td><td>MSCI Thailand (USD) Index Futures<\/td><td>MTH<\/td><td>20<\/td><\/tr><tr><td>1b<\/td><td>MSCI Malaysia (USD) Index Futures<\/td><td>MMY<\/td><td>20<\/td><\/tr><tr><td>1b<\/td><td>MSCI Philippines (USD) Index Futures<\/td><td>MPH<\/td><td>10<\/td><\/tr><tr><td>1b<\/td><td>MSCI Vietnam (USD) Index Futures<\/td><td>MVT<\/td><td>20<\/td><\/tr><tr><td>1b<\/td><td>MSCI Singapore Free Net Total Return (USD) Index Futures<\/td><td>MGN<\/td><td>50<\/td><\/tr><tr><td>1b<\/td><td>MSCI New Zealand Net Total Return (USD) Index Futures<\/td><td>MNZ<\/td><td>100<\/td><\/tr><tr><td>1b<\/td><td>MSCI Japan (JPY) Index Futures<\/td><td>MJP<\/td><td>2500<\/td><\/tr><tr><td>1b<\/td><td>MSCI Japan Net Total Return (JPY) Index Futures<\/td><td>MJJ<\/td><td>1000<\/td><\/tr><tr><td>1b<\/td><td>MSCI EM ex China Net Total Return (USD) Index Futures<\/td><td>MXC<\/td><td>10<\/td><\/tr><tr><td>1b<\/td><td>MSCI EM ex Korea Net Total Return (USD) Index Futures<\/td><td>MXK<\/td><td>10<\/td><\/tr><tr><td>1b<\/td><td>MSCI EM Asia ex China Net Total Return (USD) Index Futures<\/td><td>MAC<\/td><td>20<\/td><\/tr><tr><td>1b<\/td><td>MSCI EM Asia ex Korea Net Total Return (USD) Index Futures<\/td><td>MAK<\/td><td>20<\/td><\/tr><tr><td>1b<\/td><td>MSCI EM EMEA Net Total Return (USD) Index Futures<\/td><td>MEE<\/td><td>100<\/td><\/tr><tr><td>1b<\/td><td>MSCI EM LatAm Net Total Return (USD) Index Futures<\/td><td>MEL<\/td><td>100<\/td><\/tr><tr><td>1b<\/td><td>MSCI Pacific Net Total Return (USD) Index Futures<\/td><td>MPC<\/td><td>10<\/td><\/tr><tr><td>1b<\/td><td>MSCI Pacific ex Japan Net Total Return (USD) Index Futures<\/td><td>MPJ<\/td><td>10<\/td><\/tr><tr><td>1c<\/td><td>MSCI Taiwan (USD) Index Options<\/td><td>MTW<\/td><td>100<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>TT\u00ae Platform Impact<\/strong><strong><br><\/strong>No action required, products will be available automatically.<\/p>\n\n\n\n<p><em>Additional Resources<\/em><br><a href=\"https:\/\/www.hkex.com.hk\/-\/media\/HKEX-Market\/Services\/Circulars-and-Notices\/Participant-and-Members-Circulars\/HKFE\/2020\/MKS_EQD_07_20_e.pdf\">Exchange Notice, June 1, 2020<\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"jse-2020-api-enhancements\"><\/span><strong>JSE: 2020 API Enhancements&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>August 24&nbsp;<\/strong><\/h5>\n\n\n\n<p>JSE is planning an exchange release during the weekend of August 24 consisting of several API enhancements as well as broader platform functional enhancements. We participated in the Market Facing Dress Rehearsal that was completed on July 11.<\/p>\n\n\n\n<p><strong>X_TRADER Platform Impact<\/strong><strong><br><\/strong>None.<\/p>\n\n\n\n<p><strong>TT Platform Impact<\/strong><strong><br><\/strong>We will perform required upgrades in the TT platform to support JSE API enhancements before the weekend of August 24.<\/p>\n\n\n\n<p><em>Additional Resources<\/em><em><br><\/em><a href=\"https:\/\/www.jse.co.za\/content\/ITaCTheUpgrade2020\/JSE%20Trading%20Upgrade%202020%20Release%20Document%20v0.02.pdf\">JSE Release Document<\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"sgx-industry-wide-business-continuity-planning-exercise\"><\/span><strong>SGX: Industry-Wide Business Continuity Planning Exercise<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>August 29<\/strong><\/h5>\n\n\n\n<p>SGX will conduct its annual industry-wide exercise to validate its ability to recover and operate the market in the event of a data center failover scenario and to test its crisis communication capabilities. Further details will be announced in upcoming weeks.<\/p>\n\n\n\n<p><strong>X_TRADER and TT Platform Impacts<\/strong><strong><br><\/strong>Contact your TAM\/Customer Success representative if you would like to participate. Further details will be provided in upcoming weeks.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"euronext-oslo-bors-optiq-migration\"><\/span><strong>Euronext: Oslo B\u00f8rs Optiq Migration<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>November 30<\/strong><\/h5>\n\n\n\n<p>Following Euronext\u2019s acquisition of Oslo B\u00f8rs in June 2019, Oslo B\u00f8rs\u2019 trading systems, across asset classes, will migrate from the Millennium Exchange and SOLA systems to the Euronext Optiq systems. The migration timeline is as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>April 13: Availability in p-EUA<\/li><li>November 14 and 21: Dress rehearsals in Production<\/li><li>November 30: Production go-live<\/li><\/ul>\n\n\n\n<p>The Oslo B\u00f8rs Migration Guidelines and Guide to New Trading System documents are now available in the <a href=\"https:\/\/connect2.euronext.com\/it-documentation-library\/by-project?project_target_id=1714\">IT Documentation<\/a> section of the Euronext Connect customer portal.<\/p>\n\n\n\n<p><strong>X_TRADER Platform Impact<\/strong><strong><br><\/strong>Oslo B\u00f8rs products will not be supported on the X_TRADER platform.<\/p>\n\n\n\n<p><strong>TT Platform Impact<\/strong><br>We will make Oslo B\u00f8rs available for customer testing in UAT in the near future.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"cme-mandatory-ilink-3-binary-order-entry-protocol-for-msgw-and-brokertec-migration\"><\/span><strong>CME: Mandatory iLink 3 Binary Order Entry Protocol for MSGW and BrokerTec Migration<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>Q4 2020<\/strong><\/h5>\n\n\n\n<p>CME Group will be launching iLink 3, a new order-entry protocol for trading futures, options and BrokerTec products on CME Globex. All customers connected via Market Segment Gateway (MSGW) will need to migrate to iLink 3 by Q4 2020. iLink 2 and iLink 3 for MSGW will run in parallel until the Q4 2020 date. BrokerTec products will migrate to CME in October and will be available on iLink 3 MSGW only. CGW will remain on iLink 2 and will not be impacted.<\/p>\n\n\n\n<p>For the iLink 2 to 3 migration, CME Group does not require customers to obtain new iLink sessions. Customers will have the ability to migrate their existing iLink sessions from iLink 2 to 3 within the CME Request Center. For all existing migrated sessions, standard Session Policy Charges will apply.&nbsp;<\/p>\n\n\n\n<p><strong>X_TRADER Platform Impact<\/strong><strong><br><\/strong>X_TRADER will not support iLink 3.0 for MSGW or BrokerTec products that will migrate to CME in Q4. Customers using iLink 3.0 for MSGW after the hard date, tentatively in November 2020, will need to move their connections to CGW. It is strongly encouraged to migrate to the TT platform prior to the November date.&nbsp;<\/p>\n\n\n\n<p><strong>TT Platform Impact<\/strong><strong><br><\/strong>We will support both the iLink 3.0 upgrade and the BrokerTec US Migration to CME on the TT platform. More details, including UAT and Production availability dates, will be provided in future updates.&nbsp;<\/p>\n\n\n\n<p><em>Additional Resources<\/em><br><a href=\"https:\/\/www.cmegroup.com\/notices\/electronic-trading\/2020\/07\/20200720.html#ilink3\">Globex Notice July 20, 2020<\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"fia-execution-source-code-schema-initiative-tag-1031\"><\/span><strong>FIA: Execution Source Code Schema Initiative (Tag 1031)&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>Timeline varies by exchange<\/strong><\/h5>\n\n\n\n<p>Multiple exchanges, in cooperation with the FIA Execution Source Code Schema Initiative, are moving forward with plans to implement FIX tag 1031 (CustOrderHandlingInst) on their APIs.<\/p>\n\n\n\n<p><em>Exchange-Specific Plans<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>CME: <\/strong>Tag 1031 is supported and is mandatory.<\/li><li><strong>ICE: <\/strong>Tag 1031 is supported, but not required.&nbsp;<\/li><li><strong>Eurex: <\/strong>Tag 1031 is supported, but not required.&nbsp;<\/li><li><strong>CurveGlobal\/IDEM<\/strong>: Tag 1031 is supported with the SOLA 14 Upgrade on February 3, but is not required.<\/li><\/ul>\n\n\n\n<p><strong>X_TRADER Platform Impact<\/strong><strong><br><\/strong>For CME, tag 1031 is now available in production. Customers should enter a valid value in the FFT6 field in Customer Defaults and\/or FIX Account Defaults. For FIX Order Routing applications, FFT6 maps to tag 16903. If no value is set, a default value of \u201cY\u201d will be sent. CME Gateway 7.18.49 was released on October 18.&nbsp;<\/p>\n\n\n\n<p>For ICE, tag 1031 is now available with ICE Gateway 7.18.29. Customers should use FFT6 to send the value to the exchange. The field is optional for ICE.<\/p>\n\n\n\n<p><strong>TT Platform Impact<\/strong><strong><br><\/strong>For CME, tag 1031 is now available for use in Production. Customers should select a valid value in Setup or set Order Tag Defaults.&nbsp;<\/p>\n\n\n\n<p>For ICE, tag 1031 is now available for use in Production. Customers should select a valid value in Setup or set Order Tag Defaults to send the value to the exchange. Customers can choose not to select any value as this is an optional field for ICE.<\/p>\n\n\n\n<p>For Eurex, support of tag 1031 on the TT platform is now available. Customers should select a valid value in Setup or set Order Tag Defaults to send the value to the exchange. Customers can choose not to select any value as this is an optional field for Eurex. On the X_TRADER platform, tag 1031 is not currently supported.<\/p>\n\n\n\n<p>For CurveGlobal and IDEM, support for tag 1031 was added on February 3 for both exchanges.<\/p>\n\n\n\n<p><em>Additional Resources<\/em><br><a href=\"https:\/\/fia.org\/sites\/default\/files\/FIA%20Revised%20Guidelines%20for%20Execution%20Source%20Code%20V1.4.2%20-%20final.pdf%5C\">FIA Indirect Clearing Documentation<\/a><\/p>\n\n\n\n<p><strong>PRODUCT RELEASES<\/strong><br><a href=\"https:\/\/download.tradingtechnologies.com\/File\/Detail\/29211\">OSE Gateway 7.18.12.0p77 (win64)<\/a><\/p>\n","protected":false},"author":92,"parent":0,"template":"","class_list":["post-89938","support","type-support","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/tradingtechnologies.com\/wp-json\/wp\/v2\/support\/89938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingtechnologies.com\/wp-json\/wp\/v2\/support"}],"about":[{"href":"https:\/\/tradingtechnologies.com\/wp-json\/wp\/v2\/types\/support"}],"author":[{"embeddable":true,"href":"https:\/\/tradingtechnologies.com\/wp-json\/wp\/v2\/users\/92"}],"version-history":[{"count":0,"href":"https:\/\/tradingtechnologies.com\/wp-json\/wp\/v2\/support\/89938\/revisions"}],"wp:attachment":[{"href":"https:\/\/tradingtechnologies.com\/wp-json\/wp\/v2\/media?parent=89938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}