{"id":90800,"date":"2020-12-04T10:10:53","date_gmt":"2020-12-04T16:10:53","guid":{"rendered":"https:\/\/tradingtechno3.wpenginepowered.com\/?post_type=support&p=90800"},"modified":"2020-12-04T10:12:00","modified_gmt":"2020-12-04T16:12:00","slug":"cme-mandatory-ilink-3-binary-order-entry-protocol-for-msgw-and-brokertec-migration-cme-mandatory-ilink-3-binary-order-entry-protocol-for-msgw-and-brokertec-migration-and-more","status":"publish","type":"support","link":"https:\/\/tradingtechnologies.com\/support-updates\/cme-mandatory-ilink-3-binary-order-entry-protocol-for-msgw-and-brokertec-migration-cme-mandatory-ilink-3-binary-order-entry-protocol-for-msgw-and-brokertec-migration-and-more\/","title":{"rendered":"CME Mandatory iLink 3 Binary Order Entry Protocol for MSGW and BrokerTec Migration, CME Changes to Minimum Price Increment and Spread Type for Palladium Futures – Resting Order Elimination, and More"},"content":{"rendered":"\n

<\/span>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\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 and BrokerTec products is now available in UAT for customer testing. <\/p>\n\n\n\n

CME will be holding Saturday Mock Sessions for BrokerTec. TT will be participating in the test on January 9, 2021. Customers who wish to participate should register with the CME via this link<\/a> and contact your Onboarding\/Customer Success Manager to confirm with TT. <\/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\u00ae 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\u00ae 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>CME: Changes to Minimum Price Increment and Spread Type for Palladium Futures – Resting Order Elimination<\/strong><\/span><\/h4>\n\n\n\n
December 6<\/strong><\/h5>\n\n\n\n

Effective Sunday, December 6 (trade date Monday, December 7), Palladium Futures will be changed as follows:<\/p>\n\n\n\n