{"id":90656,"date":"2020-11-13T10:38:55","date_gmt":"2020-11-13T16:38:55","guid":{"rendered":"https:\/\/tradingtechno3.wpenginepowered.com\/?post_type=support&p=90656"},"modified":"2020-11-13T11:03:30","modified_gmt":"2020-11-13T17:03:30","slug":"sgx-saturday-production-trading-session-for-sgx-india-equity-index-derivatives-cme-ilink-enhancements-for-location-id-and-display-quantity-cme-mandatory-ilink-3-binary-order-entry-protocol-for-msgw","status":"publish","type":"support","link":"https:\/\/tradingtechnologies.com\/support-updates\/sgx-saturday-production-trading-session-for-sgx-india-equity-index-derivatives-cme-ilink-enhancements-for-location-id-and-display-quantity-cme-mandatory-ilink-3-binary-order-entry-protocol-for-msgw\/","title":{"rendered":"SGX Saturday Production Trading Session for SGX India Equity Index Derivatives, CME iLink Enhancements for Location ID and Display Quantity, CME Mandatory iLink 3 Binary Order Entry Protocol for MSGW and BrokerTec Migration, and More"},"content":{"rendered":"\n

<\/span>SGX: Saturday Production Trading Session for SGX India Equity Index Derivatives<\/strong><\/span><\/h4>\n\n\n\n
November 14<\/strong><\/h5>\n\n\n\n

TT will not<\/em><\/strong> be participating in the Saturday production session on November 14. Neither X_TRADER\u00ae nor TT\u00ae will be available for trading during the Saturday session.<\/p>\n\n\n\n\n\n\n\n

<\/span>CME: iLink Enhancements for Location ID and Display Quantity<\/strong><\/span><\/h4>\n\n\n\n
November 15<\/strong><\/h6>\n\n\n\n

Effective Sunday, November 15 (trade date Monday, November 16), CME Group will implement iLink changes to Location ID and Displayed Quantity Order Modification for both Convenience Gateway(CGW) and Market Segment Gateway(MGSW) sessions. These changes as described below are available in DDE and UAT for customer testing.<\/p>\n\n\n\n

Location ID<\/em>
CME Globex will return the Location ID value on the Cancel<\/a> message from the Location ID on the Order Cancel Request message. Currently, the Cancel<\/a> message contains the Location ID value from the original order. <\/p>\n\n\n\n

X_TRADER Platform Impact <\/strong>
Tag 143-TargetLocationID on the ER-Cancel message will contain the locationID value from the Order Cancel Request message.<\/p>\n\n\n\n

TT Platform Impact <\/strong>
Tag 143-TargetLocationID on iLink2 and Tag 9537-Location on iLink3 on the ER-Cancel message will contain the locationID value from the Order Cancel Request message.<\/p>\n\n\n\n

Displayed Quantity Order Modification<\/em>
To better align with BrokerTec markets, iLink customers will no longer be able to modify the resting Displayed Quantity orders to the Non-Displayed Quantity orders, and vice versa.   Currently, CME Globex allows this Displayed Quantity order modification for Futures and Options markets.  With the change, CME Globex will validate display quantity value on  iLink messages. Any resting Displayed Quantity order modified to become a Non-Display Quantity order, and vice versa, will be rejected. <\/p>\n\n\n\n

X_TRADER Platform Impact <\/strong>
Modification of orders from Iceberg to Non-iceberg & vice-versa will no longer be allowed.<\/p>\n\n\n\n

TT Platform Impact <\/strong>
Modification of orders from Iceberg to Non-iceberg & vice-versa will no longer be allowed. <\/p>\n\n\n\n

Additional Resources<\/em>
Globex Notice November 2, 2020<\/a><\/p>\n\n\n\n

<\/span>[UPDATED] CME: Mandatory iLink 3 Binary Order Entry Protocol for MSGW and BrokerTec Migration<\/strong><\/span><\/h4>\n\n\n\n
Q1\/2021<\/strong><\/h5>\n\n\n\n

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) are encouraged to migrate to iLink 3 as early as possible prior to the iLink decommission. iLink 2 and iLink 3 for MSGW will run in parallel until February 26, 2021, and at that time will incur additional charges by CME. On March 28, 2021, iLink 2.0 for MSGW will be decommissioned. <\/p>\n\n\n\n

BrokerTec products will migrate to CME in Production on January 31, 2021<\/strong> and will only be available on iLink 3 MSGW. Customers will need to obtain a dedicated iLink Session ID to be used for only the BrokerTec market segment. CGW will remain on iLink 2 and will not be impacted.<\/p>\n\n\n\n

MSGW iLink3 for CME products is now available in UAT for customer testing. BrokerTec products will be available in upcoming weeks and communicated in future updates.<\/p>\n\n\n\n

CME will be holding Saturday Mock Sessions for BrokerTec. Mock dates have been added, TT will notify customers what date the Mock will be supported. This date will be announced in upcoming weeks.<\/p>\n\n\n\n

Customers who wish to participate should register with the CME via this link: https:\/\/go.cmegroup.com\/l\/502091\/2020-08-19\/2lfnymf<\/a> and contact your Onboarding\/Customer Success Manager to confirm with TT. Any change to participation in Mock Sessions will be provided in a future update.<\/p>\n\n\n\n

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. <\/p>\n\n\n\n

X_TRADER Platform Impact<\/strong>
<\/strong>X_TRADER will not support iLink 3.0 for MSGW or BrokerTec products that will migrate to CME on January 31, 2021. <\/p>\n\n\n\n

Customers keeping Link 2.0 MSGW connections will need to move their connections to CGW to maintain access to CME. Customers are strongly encouraged to migrate to the TT platform in early Q1\/2021.<\/p>\n\n\n\n

TT Platform Impact<\/strong>
<\/strong>We will support both the iLink 3.0 upgrade and the BrokerTec US migration to CME on the TT platform. iLink 3.0 for CME products is currently available in UAT for customer testing. BrokerTec products are now available in UAT.<\/p>\n\n\n\n

Additional Resources<\/em>
Globex Notice October 1, 2020<\/a><\/p>\n\n\n\n

<\/span>Eurex: T7 9.0 Upgrade<\/strong><\/span><\/h4>\n\n\n\n
November 23<\/strong><\/h5>\n\n\n\n

Eurex will move forward with the T7 9.0 upgrade on November 23. Key dates are:<\/p>\n\n\n\n