System Admin News & Updates

Subscribe to System Admin News & Updates

Exchange System Updates

CME: New Product Addition

April 5

CME will list Gold (Enhanced Delivery) futures for trading with symbol 4GC effective April 5 (trade date April 6).

X_TRADER® and TT® Platform Impacts
No customer action needed. Contracts will be available automatically.


Eurex: T7 8.1 Upgrade

June 29

Eurex will move forward with the T7 8.1 upgrade on June 29. Key dates are:

  • May 4: Simulation start
  • June 29: Production launch

The preliminary release notes for T7 Release 8.1 are now available on the Eurex website at Technology > T7 Trading architecture > System documentation > Release 8.1.

X_TRADER Platform Impact
Specifications for T7 8.1 are expected in April, and we will provide further information on impact at that time. A Eurex Gateway upgrade will be required after the close on June 26 and prior to the open on June 29.

TT Platform Impact
Specifications for T7 8.1 are expected in April, and we will provide further information on impact at that time.


SGX: Industry-Wide Business Continuity Planning Exercise

August 28

SGX will conduct its annual industry-wide exercise to validate its ability to recover and operate the market in the event of a data center failover scenario and to test its crisis communication capabilities. Further details will be announced in upcoming weeks.

X_TRADER and TT Platform Impacts
Contact your TAM/Customer Success contact if you would like to participate. Further details will be provided in upcoming weeks.

Note: The X_TRADER and TT platforms will not participate in the non-mandatory backup systems testing to SGX production systems on March 28.


CME: iLink 3 Binary Order Entry Protocol for MSGW and BrokerTec Migration

Q2-Q4 2020

We will support iLink 3 for Market Segment Gateway (MSGW) connections. We also will support BrokerTec U.S. products when BrokerTec migrates to CME in Q4 2020. Both iLink 2 and iLink 3 will be available in parallel until the Q4 2020 cutoff. Convenience Gateways (CGW) will remain on iLink 2 and are not impacted by this upgrade.

X_TRADER Platform Impact
X_TRADER will not support MSGW on iLink 3. Customers who do not plan to migrate to TT before the Q4 2020 cutoff will be required to use Convenience Gateways after Q4 2020. 

BrokerTec U.S., which is migrating to CME on MSGW connections only, will not be supported on the X_TRADER platform. The TT BTEC Gateway will be decommissioned in Q4 2020 when BrokerTec products are live on CME; exact date TBD.

TT Platform Impact
Additional information regarding CME mock sessions and TT’s Production rollout will be communicated in the near future.


FIA: Execution Source Code Schema Initiative (Tag 1031) 

Timeline varies by exchange

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.

Exchange-Specific Plans

  • CME: Tag 1031 is supported and is mandatory.
  • ICE: Tag 1031 is supported, but not required. 
  • Eurex: Tag 1031 is supported, but not required. 
  • CurveGlobal/IDEM: Tag 1031 is supported with the SOLA 14 Upgrade on February 3, but is not required.

X_TRADER Platform Impact
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 “Y” will be sent. CME Gateway 7.18.49 was released on October 18. 

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.

TT Platform Impact
For CME, tag 1031 is now available for use in Production. Customers should select a valid value in Setup or set Order Tag Defaults. 

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.

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.

For CurveGlobal and IDEM, support for tag 1031 was added on February 3 for both exchanges.

Additional Resources
Globex Notices October 21, 2019
FIA Indirect Clearing Documentation

Product Releases

No new products were released this week.