{"id":94947,"date":"2022-07-29T11:25:00","date_gmt":"2022-07-29T16:25:00","guid":{"rendered":"https:\/\/tradingtechno3.wpenginepowered.com\/?post_type=support&p=94947"},"modified":"2022-07-29T11:25:00","modified_gmt":"2022-07-29T16:25:00","slug":"sgx-gift-city-market-launch-cme-changes-to-silver-and-copper-weekly-monday-and-wednesday-options-resting-order-eliminations-and-more","status":"publish","type":"support","link":"https:\/\/tradingtechnologies.com\/support-updates\/sgx-gift-city-market-launch-cme-changes-to-silver-and-copper-weekly-monday-and-wednesday-options-resting-order-eliminations-and-more\/","title":{"rendered":"SGX: Gift City Market Launch, CME: Changes to Silver and Copper Weekly Monday and Wednesday Options: Resting Order Eliminations, and More"},"content":{"rendered":"\n

<\/span>SGX: Gift City Market Launch<\/strong><\/span><\/h4>\n\n\n\n
July 29<\/strong><\/h5>\n\n\n\n

SGX and NSE IFSC announced their partnership in 2019, which is now culminating in the launch of the SGX GIFT City market, providing SGX members with offshore access to the NSE Nifty market on a new platform that is mutually beneficial to both exchanges. The launch of GIFT Connect is now July 29.<\/p>\n\n\n\n

TT is currently preparing for the launch with the introduction of our new \u201cSGX_GIFT\u201d market, which is now available for testing in the UAT test environment.<\/p>\n\n\n\n

For detailed information about SGX Gift City on the TT platform, please refer to the SGX Gift City User Guide<\/a>. This document contains several new, important updates as of July 8,<\/strong> and TT recommends that all users be sure to review carefully.<\/p>\n\n\n\n

Please note also that on July 1, the exchange sent a PDF document entitled \u201cSGX-ICI GIFT Connect Technical Advisory Notes<\/a>\u201d to all Members. TT strongly encourages all users to read the document carefully as the information therein impacts all trading on Inauguration of SGX’s GIFT City office and the launch of GIFT Data Connect<\/a><\/p>\n\n\n\n

GIFT Connect Newsletter #6 – Mock Trading Updates<\/a><\/p>\n\n\n\n\n\n\n\n

<\/span>CME: Changes to Silver and Copper Weekly Monday and Wednesday Options: Resting Order Eliminations<\/strong><\/span><\/h4>\n\n\n\n
August 8<\/strong><\/h5>\n\n\n\n

Effective Sunday, August 7 (trade date Monday, August 8) pending regulatory approval, the match algorithm for silver and copper weekly Monday and Wednesday options will be amended. <\/p>\n\n\n\n

To facilitate this change, customers should cancel all Good \u2018Til Cancel (GTC) and Good \u2018Til Date (GTD) orders for these contracts by the close on Friday, August 5. After 16:00 CT on Friday, August 5, any remaining GT orders on these markets will be removed by CME.<\/p>\n\n\n\n

Additional Resources<\/em><\/h6>\n\n\n\n

Globex Notices June 27, 2022<\/a><\/p>\n\n\n\n

<\/span>TTFIX.crt: Update Notice<\/strong><\/span><\/h4>\n\n\n\n
August 19<\/strong><\/h5>\n\n\n\n

For customers whose FIX engine natively supports SSL encryption, or who have implemented FIX session encryption using STunnel, TT provides a TTFIX.crt file with the public certificates used by the TT platform FIX endpoint.<\/p>\n\n\n\n

On July 23, 2022, TT will update the stunnel.zip file located in the Download Center in order to update the soon-to-be-expired certs in the TTFIX.crt bundle.<\/p>\n\n\n\n

All TT customers who use STunnel must download the new zip file and apply it at any time before August 19, 2022<\/strong>.<\/p>\n\n\n\n

Added TT Platform STAR.TRADE.TT; valid from July 11, 2022 – August 12, 2023 (DC)<\/p>\n\n\n\n

Additional Resources<\/em><\/h6>\n\n\n\n

Please download the updated stunnel.zip here<\/a>: <\/p>\n\n\n\n

Directions for configuring a stunnel with TTFIX.crt can be found on the TT FIX Help Site<\/a>. <\/p>\n\n\n\n

<\/span>SGX Titan: Industry-wide BCP Exercise<\/strong><\/span><\/h4>\n\n\n\n
August 27<\/strong><\/h5>\n\n\n\n

SGX is conducting an Industry-Wide Business Continuity Planning Exercise scheduled for Saturday, 27 August 2022. All Singapore-based Securities and Derivatives Trading, and Clearing Members are required to participate in this exercise.<\/p>\n\n\n\n

Additional details about connecting to TT for participation will be provided in due course.<\/p>\n\n\n\n

<\/span>CME: Listing Pack Spreads on 3-Month SOFR Futures: Resting Order Eliminations<\/strong><\/span><\/h4>\n\n\n\n
August 29<\/strong><\/h5>\n\n\n\n

Effective Sunday, August 28 (trade date Monday, August 29), pack spreads on 3-Month SOFR futures for 1-year average priced bundle future spreads will be listed for trading on CME.<\/p>\n\n\n\n

To facilitate this change, customers must cancel all Good \u2018Til Cancel (GTC) and Good \u2018Til Date (GTD) orders for existing 1-year average priced bundle future spreads by the close on Friday, August 26. After 16:00 CT on Friday, August 26, any remaining GT orders on these markets will be removed by the CME.<\/p>\n\n\n\n

These spreads will be available for testing in UAT on Monday, August 1st.<\/p>\n\n\n\n

<\/span>ASX: Intraday changes to ASX 24 NTP System<\/strong><\/span><\/h4>\n\n\n\n
September 1<\/strong><\/h5>\n\n\n\n

ASX has announced that effective September 1, the exchange will begin making changes to products intraday whenever needed for the resolution of issues in Production. TT worked together with ASX and completed all testing necessary for this update to exchange policy. It was confirmed that all intraday changes will be handled correctly without issue.<\/p>\n\n\n\n

<\/span>CME: DR Datacenter Migration and Test<\/strong><\/span><\/h4>\n\n\n\n
September 10<\/strong><\/h5>\n\n\n\n

CME is announcing the move and upgrade of the backup datacenter. To ensure customers can connect to the new backup datacenter, CME will hold a Mock Disaster Recovery Test on Saturday, September 10. <\/p>\n\n\n\n

Please note: TT will remain in our Production Environment for this test.<\/p>\n\n\n\n

Customers must register in advance to participate.<\/p>\n\n\n\n

Additional Resources<\/em><\/h6>\n\n\n\n

Globex Notices June 30, 2022<\/a><\/p>\n\n\n\n

Mock Trading Script<\/a><\/p>\n\n\n\n

<\/span>JPX: Introduction of Holiday Trading<\/strong><\/span><\/h4>\n\n\n\n
September 20<\/strong><\/h5>\n\n\n\n

JPX has announced the introduction of Holiday Trading with a launch date of September 20 2022. This new exchange initiative will allow trading during Japan public holidays for Index Futures and Options and all Commodity Futures and Options (including TOCOM products). Securities Options, JGB Futures and Options on JGB Futures will not be tradable during holidays.<\/p>\n\n\n\n

For support of order management and trading during holidays, changes to TT Order Connector (OC) are currently in progress and will be deployed to UAT for testing as soon as possible. To ensure correct display of trading status during holidays, a TT Market Data Server (MDS) change is needed. This MDS change is now available for testing in UAT.<\/p>\n\n\n\n

A few days prior to the August 24 deadline, TT will provide the completed J-GATE3.0_Holiday_Trading_Checklist\u30fbConfirmationForm.xlsx<\/strong> document for all customers to submit to the exchange.<\/p>\n\n\n\n

For detailed information about JPX Holiday Trading on the TT Platform, please refer to the JPX Holiday Trading document<\/a>. This document will be kept up to date with the latest information as it becomes available, so customers are encouraged to check periodically to get the newest updates.<\/p>\n\n\n\n

<\/span>JPX: System Reboot<\/strong><\/span><\/h4>\n\n\n\n
September 20<\/strong><\/h5>\n\n\n\n

JPX has announced the introduction of Recovery by system reboot with a launch date of September 20 2022. This new exchange initiative is to allow the exchange to resume trading following certain failure scenarios. JPX is rolling this out as a response to Arrowhead failures experienced by the exchange during the 2021 Calendar year.<\/p>\n\n\n\n

TT Platform will fully support all elements of the System Reboot process including all sequence number changes, settlement price updates and post-reboot order workflow. TT Business and Engineering Teams will coordinate efforts to verify correct platform response during the pre-scheduled test environment weekday test events.<\/p>\n\n\n\n

For additional information about JPX Holiday Trading on the TT Platform, please refer to the JPX System Reboot TT Factsheet<\/a>.<\/p>\n\n\n\n

<\/span>FIA: Industry-Wide Testing<\/strong><\/span><\/h4>\n\n\n\n
October 15<\/strong>
<\/strong><\/h5>\n\n\n\n

The Futures Industry Association will sponsor its annual Industry-Wide Disaster Recovery Testing (IWT) on Saturday, October 15. We will facilitate customer participation for registered TT platform customers. <\/p>\n\n\n\n

Testing is available on the following exchanges:<\/p>\n\n\n\n