{"id":91261,"date":"2021-02-11T18:04:18","date_gmt":"2021-02-12T00:04:18","guid":{"rendered":"https:\/\/tradingtechno3.wpenginepowered.com\/?post_type=support&#038;p=91261"},"modified":"2021-02-11T18:10:02","modified_gmt":"2021-02-12T00:10:02","slug":"cme-mandatory-ilink-3-binary-order-entry-protocol-for-msgw-cme-change-to-strike-price-listing-for-options-on-great-british-pound-u-s-dollar-gbp-usd-futures-resting-order-eliminations-an","status":"publish","type":"support","link":"https:\/\/tradingtechnologies.com\/support-updates\/cme-mandatory-ilink-3-binary-order-entry-protocol-for-msgw-cme-change-to-strike-price-listing-for-options-on-great-british-pound-u-s-dollar-gbp-usd-futures-resting-order-eliminations-an\/","title":{"rendered":"CME Mandatory iLink 3 Binary Order Entry Protocol for MSGW, CME Change to Strike Price Listing for Options on Great British Pound\/U.S. Dollar (GBP\/USD) Futures \u2013 Resting Order Eliminations, and More"},"content":{"rendered":"\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"cme-mandatory-ilink-3-binary-order-entry-protocol-for-msgw\"><\/span><strong>CME: Mandatory iLink 3 Binary Order Entry Protocol for MSGW&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>iLink 3 is now supported in Production. Please contact your Onboarding Manager when you are ready to migrate. All GTC\/GTDs should be cancelled prior to migrating to iLink3.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>iLink 2 and iLink 3 for MSGW will run in parallel until February 26, and at that time will incur additional charges by CME for continued iLink2 connections. On March 28, iLink 2.0 for MSGW will be decommissioned.&nbsp;<\/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;All GTC\/GTDs should be cancelled prior to migrating to iLink3.<\/p>\n\n\n\n<p>Customers who wish to utilize CME\u2019s Self Match Prevention functionality should associate their existing SMP IDs to their account, or create a new SMP ID.<\/p>\n\n\n\n<p><strong>X_TRADER\u00ae Platform Impact<\/strong><strong><br><\/strong>X_TRADER will not support iLink 3.0.<\/p>\n\n\n\n<p><strong>TT\u00ae Platform Impact<\/strong><strong><br><\/strong>TT now supports iLink 3.0 in UAT and Production.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"cme-change-to-strike-price-listing-for-options-on-great-british-poundus-dollar-gbpusd-futures-%e2%80%93-resting-order-eliminations\"><\/span><strong>CME: Change to Strike Price Listing for Options on Great British Pound\/U.S. Dollar (GBP\/USD) Futures \u2013 Resting Order Eliminations<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>February 21<\/strong><\/h5>\n\n\n\n<p>Effective Sunday, February 21 (trade date Monday, February 22), the following changes will be implemented to Options on Great British Pound\/U.S. Dollar (GBP\/USD) futures on CME:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Change the strike price listing rule<\/li><li>Change to the external instrument name format<\/li><\/ul>\n\n\n\n<p>To facilitate this change, customers should cancel all Good \u2018Till Cancel (GTC) and Good \u2018Till Date (GTD) orders for these contracts, including any User- or Exchange-Defined Spreads, by the close on February 19. After 16:00 CT on February 19, any remaining GT orders on these markets will be removed by the CME Global Command Center (GCC).<\/p>\n\n\n\n<p><em>Additional Resources<br><\/em><a href=\"https:\/\/www.cmegroup.com\/notices\/electronic-trading\/2021\/02\/20210201.html#csplogbp\" target=\"_blank\" rel=\"noreferrer noopener\">Globex Notice February 4, 2021<\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"asx-production-environment-business-continuity-test\"><\/span><strong>ASX: Production Environment Business Continuity Test&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>February 27<\/strong><\/h5>\n\n\n\n<p>On February 27, ASX will conduct a business continuity test in the production environment. Additional details from the exchange may be found <a href=\"https:\/\/asxonline.com\/content\/asxonline\/public\/notices\/2021\/February\/0104.21.02.html\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n\n<p>Customers must register their interest with the exchange <a href=\"https:\/\/www.asxonline.com\/content\/dam\/asxonline\/public\/notices\/2018\/dec\/Appendix%201%20-%20NTP%20BCP%20-%20Customer%20User%20Registrations.xlsx\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a> by close of business on February 19.<\/p>\n\n\n\n<p><strong>TT Platform Impact<br><\/strong>Customers who wish to participate in this testing should contact their TT Onboarding representative by <strong>February 19<\/strong> to register their interest. Please note that TT\u2019s participation in this testing is dependent upon sufficient customer registration, and may be cancelled due to insufficient interest.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"refinitiv-ric-code-changes\"><\/span><strong>Refinitiv: RIC Code Changes<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>February 28<\/strong><\/h5>\n\n\n\n<p>Refinitiv will remove the prefix \u201c1\u201d from RIC codes for CME futures and spreads, effective February 28. With this change, Refinitiv will only support Composite (no prefix) RICs.&nbsp;<\/p>\n\n\n\n<p><em>Examples<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Existing RIC: 1EDV0<br>New RIC: EDV0<\/li><li>Existing RIC: 1A32FN0<br>New RIC: A32FN0<\/li><\/ul>\n\n\n\n<p>Affected RIC codes will be updated on the TT platform after the close on February 26 and will be available on February 28.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"idem-sola-15-api-upgrade\"><\/span><strong>IDEM: SOLA 15 API Upgrade<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>By End of Q1<\/strong><\/h5>\n\n\n\n<p>Date to be determined, however, by end of Q1 IDEM will upgrade to SOLA version 15 in production.<\/p>\n\n\n\n<p><strong>X_TRADER Platform Impact<\/strong><br>With the SOLA 15 upgrade, IDEM will no longer be supported on the X_TRADER platform.<\/p>\n\n\n\n<p><strong>TT Platform Impact<\/strong><br>We will complete conformance and roll out software changes prior to the upgrade in order to support required modifications.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"eurex-t7-disaster-recovery-test\"><\/span><strong>Eurex: T7 Disaster Recovery Test\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>April 17<\/strong><\/h5>\n\n\n\n<p>On April 17, Eurex will conduct a Business Continuity test in the production environment. Additional details from the exchange may be found <a rel=\"noreferrer noopener\" href=\"https:\/\/www.eurex.com\/ex-en\/find\/initiatives\/t7-disaster-recovery-test\" target=\"_blank\">here<\/a>.<\/p>\n\n\n\n<p>Customers must register their interest with the exchange <a href=\"https:\/\/forms.office.com\/Pages\/ResponsePage.aspx?id=39wN4A8e5UujeolKRzGYaip-yjGMIWxErIXlSh39NPlUOU4yN1k0Njk2MkZWNVdIQUdZMFoxTTZKVCQlQCN0PWcu\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a> by close of business on February 26.<\/p>\n\n\n\n<p><strong>TT Platform Impact<\/strong><strong><br><\/strong>Customers who wish to participate in this testing should contact their TT Onboarding representative by <strong>March 17<\/strong> to register their interest. Please note that TT\u2019s participation in this testing is dependent upon sufficient customer registration, and may be cancelled due to insufficient interest.<\/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:\/\/www.fia.org\/sites\/default\/files\/2019-05\/FIA-Indirect-Clearing-Infosheet.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">FIA Indirect Clearing Documentation<\/a><\/p>\n\n\n\n<p><strong>PRODUCT RELEASES<\/strong><br>No new products were released this week.<\/p>\n","protected":false},"author":6,"parent":0,"template":"","class_list":["post-91261","support","type-support","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/tradingtechnologies.com\/wp-json\/wp\/v2\/support\/91261","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\/6"}],"version-history":[{"count":0,"href":"https:\/\/tradingtechnologies.com\/wp-json\/wp\/v2\/support\/91261\/revisions"}],"wp:attachment":[{"href":"https:\/\/tradingtechnologies.com\/wp-json\/wp\/v2\/media?parent=91261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}