CME: Bursa Malaysia Market Segment Migration
March 13
On Sunday, March 13 (trade date Monday, March 14) Bursa Malaysia Derivatives (BMD) Globex Futures and Options market data channels will migrate to market segment ID 60. With this update MSGW iLink and Drop Copy sessions must update the network configuration. CGW iLink and Drop Copy CGW network configurations will not be impacted.
No customer action is required, TT will make configuration updates and no changes to MSGW or Drop Copy Sessions will be required.
Additional Resources
CME Globex Notice February 14, 2022
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HKEX: Derivatives Holiday Trading Readiness Test
February 26, April 15
HKEX has announced the introduction of Derivatives Holiday Trading with a launch date of April 15 2022. This new exchange initiative will allow all MSCI Futures and Options to be traded on Hong Kong public holidays.
On February 26, HKEX will conduct a Readiness Test and all Members who plan to operate as Holiday Trading Participants must participate. The deadline for Readiness Test Registration is February 18. PLEASE NOTE: It was previously announced that Users of TT Platform do not need to participate in the test. Subsequent discussions with HKEX have revealed that TT Staff is unable to perform all testing on behalf of customers.
TT is pleased to announce full support for the new trading schedule and to that end TT will participate in the Derivatives Holiday Trading Readiness Test scheduled for February 26. Additionally, HKEX has made arrangements to test Holiday Trading in the HKATS Test Environment on Wednesday, February 23 and this testing is available to all TT customers in UAT.
Additional Resources
HKEX Derivatives Holiday Trading Portal
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ASX: Production Environment Business Continuity Test
February 19
On February 19 (Saturday), ASX will conduct a business continuity test in the production environment. The test is to confirm functionality during ASX 24 component failover from the primary to secondary ASX site and to confirm connectivity is maintained when primary ASX Net connections are failed over. Additional details from the exchange may be found here.
Customers must register their interest with the exchange here by close of business on February 11.
TT is planning to participate in the Business Continuity Test. Customers who wish to participate in this testing should contact their TT Onboarding representative to register their interest.
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ASX: Production Environment Business Continuity Test
February 19
On February 19 (Saturday), ASX will conduct a business continuity test in the production environment. The test is to confirm functionality during ASX 24 component failover from the primary to secondary ASX site and to confirm connectivity is maintained when primary ASX Net connections are failed over. Additional details from the exchange may be found here.
Customers must register their interest with the exchange here by close of business on February 11.
TT is planning to participate in the Business Continuity Test. Customers who wish to participate in this testing should contact their TT Onboarding representative to register their interest.
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Eurex: Direct Market Access (DMA) Flow Validation
January 31
Eurex has communicated the following with regard to validation of tag 1724 “OrderOrigination”, effective January 31:
Starting from 31 January 2022, the Eurex T7 system will reject orders, where tag 1724 “OrderOrigination” is set to “true”, i.e. ”5”, but the Exchange Participant is not authorized as DMA Provider with Eurex.
Exchange Participants who are already authorized DMA Providers at Eurex, will automatically be enabled for flagging DMA order flow and are not required to pursue any additional actions.
For further details concerning the DMA-related rules, please refer to the Eurex website under the following path:
Rules & Regs > MiFID II/MiFIR > DEA/DMA/ORS
Prior to January 31, customers that support Direct Electronic Access (DEA) should ensure they are properly authorized with the exchange. For assistance with authorization, please contact the exchange. Customers that do not support DEA on Eurex and/or EEX should ensure they are sending “Direct Electronic Access” = No by configuring Order Tag Defaults or Profiles.
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