{"id":91673,"date":"2021-04-09T14:06:52","date_gmt":"2021-04-09T19:06:52","guid":{"rendered":"https:\/\/tradingtechno3.wpenginepowered.com\/?post_type=support&#038;p=91673"},"modified":"2021-04-16T10:29:47","modified_gmt":"2021-04-16T15:29:47","slug":"cme-new-product-additions-eurex-t7-disaster-recovery-test-and-more","status":"publish","type":"support","link":"https:\/\/tradingtechnologies.com\/support-updates\/cme-new-product-additions-eurex-t7-disaster-recovery-test-and-more\/","title":{"rendered":"CME New Product Additions, Eurex T7 Disaster Recovery Test, and More"},"content":{"rendered":"\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"cme-new-product-additions\"><\/span><strong>CME: New Product Additions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>April 11<\/strong><\/h5>\n\n\n\n<p>Effective Sunday, April 11 for trade date Monday, April 12, E-mini Nasdaq-100 Monday Weekly Options and Wednesday Weekly Options will be listed for trading.&nbsp;<\/p>\n\n\n\n<!--more-->\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Product Name<\/td><td>Product Symbol<\/td><\/tr><tr><td>E-mini Nasdaq-100 Monday Weekly Options<\/td><td>Q1A, Q2A, Q3A, Q4A, Q5A<\/td><\/tr><tr><td>E-mini Nasdaq-100 Wednesday Weekly Options<\/td><td>Q1C, Q2C, Q3C, Q4C, Q5C<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>TT Platform Impact<\/strong><\/h5>\n\n\n\n<p>No action required. These products will be available automatically.<\/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&nbsp;<\/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 Saturday, April 17, Eurex will conduct a business continuity test in the production environment. Additional details from the exchange may be found <a href=\"https:\/\/www.eurex.com\/ex-en\/find\/initiatives\/t7-disaster-recovery-test%20https:\/\/www.eurex.com\/ex-en\/find\/circulars\/Eurex-Exchange-s-T7-Disaster-Recovery-Test-on-17-April-2021-2407640\" target=\"_blank\" rel=\"noreferrer noopener\">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.&nbsp;<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>TT Platform Impact<\/strong><\/h5>\n\n\n\n<p>The registration window for this testing is closed. TT will participate in this testing.<\/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>April 26<\/strong><\/h5>\n\n\n\n<p>On Monday, April 26, IDEM will upgrade to SOLA version 15 in production.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>X_TRADER Platform Impact<\/strong><\/h5>\n\n\n\n<p>With the SOLA 15 upgrade, IDEM will no longer be supported on the X_TRADER platform.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>TT Platform Impact<\/strong><\/h5>\n\n\n\n<p>Conformance has been completed, and we will 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-migration-of-fx-derivatives-to-the-standard-t7-trading-system\"><\/span><strong>Eurex: Migration of FX Derivatives to the Standard T7 Trading System<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>June 28<\/strong><\/h5>\n\n\n\n<p>As of May 15, Eurex will transfer its FX derivatives from the T7\/FX trading system to its standard T7 trading system. Additional information from the exchange may be found <a href=\"https:\/\/www.eurex.com\/ex-en\/find\/circulars\/circular-2573570\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>TT Platform Impact<\/strong><\/h5>\n\n\n\n<p>TT will support the migration of the Eurex FX products to Eurex along with the T7 9.1 update occurring in production on June 28. Additional information on configuration will be provided as we approach the date.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"hkex-volatility-control-mechanism-and-pre-market-opening-session-enhancements\"><\/span><strong>HKEX: Volatility Control Mechanism and Pre-Market Opening Session Enhancements<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>April 12&nbsp;<\/strong><\/h5>\n\n\n\n<p>HKEX will launch the Volatility Control Mechanism (VCM) and Pre-Market Opening Session (POS) Enhancements of the Derivatives Market on Monday, April 12, 2021. There is no system interface change and no new messages are being introduced in OMD-D. More information can be found in the Additional Resources linked below.&nbsp;<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>X_TRADER Platform Impact<\/strong><\/h5>\n\n\n\n<p>These features will not be launched before the X_TRADER sunset, therefore will not be supported.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>TT Platform Impact<\/strong><\/h5>\n\n\n\n<p>These features are currently enabled and can be tested in the UAT environment.<\/p>\n\n\n\n<h6 class=\"wp-block-heading\"><em>Additional Resources<\/em><\/h6>\n\n\n\n<p><a href=\"https:\/\/www.hkex.com.hk\/-\/media\/HKEX-Market\/Services\/Trading\/Derivatives\/Trading-Mechanism\/Pre-market-Opening-Period\/HKFE-Enhancements-for-VCM-and-POS-20210217.pdf?la=en\" target=\"_blank\" rel=\"noreferrer noopener\">POS and VCM Enhancements Overview<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.hkex.com.hk\/-\/media\/HKEX-Market\/Services\/Circulars-and-Notices\/Participant-and-Members-Circulars\/HKFE\/2021\/MO_DT_003_21.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">HKEX Circular<\/a>&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"mx-asian-hours-initiative\"><\/span><strong>MX: Asian Hours Initiative<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>May 30<\/strong><\/h5>\n\n\n\n<p>As of May 30, the trading day opening time for the following products will change from 2:00am ET to 8:00pm ET (T-1):<\/p>\n\n\n\n<p>Interest Rate Derivatives (CRA, BAX, OBX, CGZ, CGF, CGB, OGB, LGB)<\/p>\n\n\n\n<p>Index Futures &amp; Sector Index Futures (SXF, SXM, SMJ, SCF, SXA, SXB, SXH, SXK, SXU, SXY, SEG)<\/p>\n\n\n\n<h6 class=\"wp-block-heading\"><em>Additional Resources<\/em><\/h6>\n\n\n\n<p><a href=\"https:\/\/www.m-x.ca\/f_circulaires_en\/024-21_en.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">MX Circular 024-21<\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"sgx-titan-dtdc-service-release-8\"><\/span><strong>SGX: Titan DT\/DC Service Release 8&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>June\/July<\/strong><\/h5>\n\n\n\n<p>SGX is planning for Titan Service Release 8 for OMnet Applications in June or July of 2021. Final date has not been communicated by the exchange yet. TT will communicate enhancements we will support in the near future.&nbsp;<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>X_TRADER Platform Impact<\/strong><\/h5>\n\n\n\n<p>Service Release 8 will not be supported on X_TRADER. The DDE environment will not be available after March 22.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>TT Platform Impact<\/strong><\/h5>\n\n\n\n<p>Service Release 8 will be supported in the UAT environment&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"sgx-new-product-additions\"><\/span><strong>SGX: New Product Additions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>April 19<\/strong><\/h5>\n\n\n\n<p>SGX is launching the following futures contracts on April 19th:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Product Name<\/td><td>Product Symbol<\/td><\/tr><tr><td>SGX Baltic Handysize Time Charter Average (7 Routes) Futures<\/td><td>HWF<\/td><\/tr><tr><td>SGX Baltic Handysize Time Charter Basket (7 Routes) FFA<\/td><td>HW<\/td><\/tr><tr><td>SGX Baltic Capesize Voyage C3 Route Futures<\/td><td>C3F<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>SGX is also relaunching the following dormant product:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>SGX Baltic Capesize Voyage C3 Route FFA<\/td><td>C3<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>TT Platform Impact<\/strong><\/h5>\n\n\n\n<p>No action required; Products will be available automatically.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ice-transition-of-european-union-emission-allowance-contracts-to-ice-endex\"><\/span><strong>ICE: Transition of European Union Emission Allowance Contracts to ICE Endex<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>June 7<\/strong><\/h5>\n\n\n\n<p>ICE has determined that the trading of the existing EU Emissions Allowance (\u201cEUA\u201d) Futures and Options products be transitioned from IFEU to NDEX, but continue to be cleared by ICE Clear Europe (\u201cICEU\u201d), during the second quarter of 2021. The transition date has been decided as June 07, 2021.<\/p>\n\n\n\n<p>The summary of the changes can be found in the below table where the products and the corresponding market data group could be referred.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td colspan=\"2\">Products<\/td><td>Market Type ID<\/td><td>Existing Market Data group<\/td><td>New Market Data group<\/td><\/tr><tr><td>ECF<\/td><td>EUA Future<\/td><td>12<\/td><td>IFEC (IFEU Commodities)<\/td><td>ENDEX (ICE Endex)<\/td><\/tr><tr><td>EFO<\/td><td>EUA Futures Options (Futures StyleMargin)<\/td><td>12<\/td><td>IFEC (IFEU Commodities)<\/td><td>ENDEX (ICE Endex)<\/td><\/tr><tr><td>ECP<\/td><td>ICE EUA Daily Futures<\/td><td>12<\/td><td>IFEC (IFEU Commodities)<\/td><td>ENDEX (ICE Endex)<\/td><\/tr><tr><td>CEU<\/td><td>EUAA Future<\/td><td>84<\/td><td>IFEC (IFEU Commodities)<\/td><td>ENDEX (ICE Endex)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Customers need to get in touch with the ICE account support to make sure that they have access to the new market data group in order to trade the above mentioned products.<\/p>\n\n\n\n<h6 class=\"wp-block-heading\"><em>ICE Trading Support (SMA and LMA Account set up)<\/em><\/h6>\n\n\n\n<p>&nbsp;John Rohrer<br>+1 (770) 857-2487<br><a href=\"mailto:john.rohrer@theice.com\">john.rohrer@theice.com<\/a>&nbsp;<\/p>\n\n\n\n<p>Winston Garth<br>+1 (770) 857-2549<br><a href=\"mailto:winston.garth@theice.com\">winston.garth@theice.com<\/a><\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>TT Platform Impact<\/strong><\/h5>\n\n\n\n<p>TT will do the required software changes to map the products to the correct market data group on TT platform. The products will be tradable on Day1 after the transition.<\/p>\n\n\n\n<h6 class=\"wp-block-heading\"><em>Additional Resources<\/em><\/h6>\n\n\n\n<p><a href=\"https:\/\/www.theice.com\/publicdocs\/endex\/circulars\/E21004.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">ICE Circular<\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ice-stpf-and-manual-order-indicator-support\"><\/span><strong>ICE: STPF and Manual Order Indicator Support<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>Q2<\/strong><\/h5>\n\n\n\n<p>ICE Self Trade Prevention Functionality will be available on the TT platform in Q2. There will be settings in TTUS to provide the STP ID and the instructions.<\/p>\n\n\n\n<p>1. Self Match Prevention ID&nbsp;<\/p>\n\n\n\n<p>2. Self Match Prevention Instruction<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>R= Cancel Resting order<\/li><li>T=Cancel Taker order<\/li><li>B= Cancel Both orders<\/li><\/ul>\n\n\n\n<p>ICE has started supporting the field Manual Order Indicator, Tag 1028, to indicate if an order originated from an automated trading system or if the order was manually keyed in. TT will support this field in Q2. This field is an optional field for ICE as of now.&nbsp;<\/p>\n\n\n\n<p>Both the features mentioned above are part of ICE Q1 API upgrade and will only be supported on the TT platform.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ose-tocom-j-gate-30-api-upgrade\"><\/span><strong>OSE &amp; TOCOM: J-GATE 3.0 API Upgrade<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>September 21<\/strong><\/h5>\n\n\n\n<p>Osaka Exchange (OSE) and Tokyo Commodity Exchange (TOCOM) have announced that the production launch of the next-generation derivatives trading system, J-GATE 3.0, will be on September 21.&nbsp;<\/p>\n\n\n\n<p>TT will provide&nbsp; information relevant to planning, schedules, client impact and testing availability (for both UAT and Production Weekend Tests) in the near future.<\/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<h6 class=\"wp-block-heading\"><em>Exchange-Specific Plans<\/em><\/h6>\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<h5 class=\"wp-block-heading\"><strong>X_TRADER Platform Impact<\/strong><\/h5>\n\n\n\n<p>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<h5 class=\"wp-block-heading\"><strong>TT Platform Impact<\/strong><\/h5>\n\n\n\n<p>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<h6 class=\"wp-block-heading\"><em>Additional Resources<\/em><\/h6>\n\n\n\n<p><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<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"product-releases\"><\/span><strong>PRODUCT RELEASES<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>No new products were released this week.<\/p>\n","protected":false},"author":93,"parent":0,"template":"","class_list":["post-91673","support","type-support","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/tradingtechnologies.com\/wp-json\/wp\/v2\/support\/91673","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\/93"}],"version-history":[{"count":0,"href":"https:\/\/tradingtechnologies.com\/wp-json\/wp\/v2\/support\/91673\/revisions"}],"wp:attachment":[{"href":"https:\/\/tradingtechnologies.com\/wp-json\/wp\/v2\/media?parent=91673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}