System Admin News & Updates

• TFEX: Annual SET BCP Test
• Update: BIST: BISTECH 3.0
• SGX_GIFT: GIFT Connect Service Release 1
• SGX_GIFT: Full-scale Operation of NSE IFSC-SGX
• NSE: BANKNIFTY Contract Expiry Revision
• KRX: Derivatives Market Rules Improvements
• Eurex/EEX: ETI TLS Encryption
• CME: Mandatory Migration – iLink3 Binary Order Entry Protocol for CGW
• IDEM: Migration to Euronext

TFEX: Annual SET BCP Test

June 10

The TT Production environment will be available and set up for handling BCP activities. All members are required to participate in the test.

SET has provided to all participants a test script and updated timings for this test in their “SET-FEED (MME) News #6/2023 email”. Members can reach out to their respective exchange contacts for these details . They can also reach out to TT for any clarification .

Note that TFEX has planned for both a BCP and a DRP test on the same day . TT is only planning to participate in the BCP test . 

• TAIFEX: Trading and Settlement System Update
• TFEX: Annual SET BCP Test
• BIST: BISTECH 3.0
• SGX_GIFT: GIFT Connect Service Release 1
• SGX_GIFT: Full-scale Operation of NSE IFSC-SGX
• KRX: Derivatives Market Rules Improvements
• Eurex/EEX: ETI TLS Encryption
• CME: Mandatory Migration – iLink3 Binary Order Entry Protocol for CGW
• IDEM: Migration to Euronext

TAIFEX: Trading and Settlement System Update

June 5

TAIFEX has announced a Trading and Settlement System Update with a Production trading effective date of June 5, 2023. The update includes minor exchange-side changes to the TAIFEX Kill Switch feature and to the exchange’s Dynamic Price Banding system.

There is no impact to the TT trading system, no changes are required and there is no impact to customers. TT will not be participating in the weekend market rehearsals on May 20 or June 3.

• B3: Template upgrade and new Exchange Defined Spreads (EDS)
• JPX: Three-month TONA Futures
• JPX: Nikkei 225 Micro Futures and Nikkei 225 Mini Options
• JPX: ESG Index Futures
• JPX: Contract Unit Change for Silver Futures and Palladium Futures
• TAIFEX: Trading and Settlement System Update
• TFEX: Annual SET BCP Test
• BIST: BISTECH 3.0
• SGX_GIFT: GIFT Connect Service Release 1
• SGX_GIFT: Full-scale operation of NSE IFSC-SGX
• KRX: Derivatives Market Rules Improvements
• Eurex/EEX: ETI TLS Encryption
• IDEM: Migration to Euronext

B3: Template upgrade and new Exchange Defined Spreads (EDS)

May 29

There is a B3 FAST template upgrade to 155 happening this weekend. TT has made the required changes to accommodate this upgrade.

The new Rollover Structured Transaction for U.S dollar currency pair futures will be available on TT platform in upcoming weeks.

• BIST: BISTECH 3.0 Dress Rehearsal
• Eurex/EEX: T7 Release 11.1
• HKEX: Assessment & Readiness Declaration for DP&DF Bandwidth Upgrade
• JPX: Three-month TONA Futures
• JPX: Nikkei 225 Micro Futures and Nikkei 225 Mini Options
• JPX: ESG Index Futures
• JPX: Contract Unit Change for Silver Futures and Palladium Futures
• TAIFEX: Trading and Settlement System Update
• BIST: BISTECH 3.0
• SGX_GIFT: GIFT Connect Service Release 1
• SGX_GIFT: Full-scale operation of NSE IFSC-SGX
• KRX: Derivatives Market Rules Improvements
• Eurex/EEX: ETI TLS Encryption
• IDEM: Migration to Euronext

BIST: BISTECH 3.0 Dress Rehearsal

May 20

BISTECH 3.0 Dress Rehearsal, which was earlier planned for 13 May, has now been postponed to 20 May. This Dress Rehearsal will be conducted in the TT Production Environment on the said date. For this test, all BIST systems will open as a normal working day on Saturday morning, but the normal trading session will close at 3:40 PM Turkey Time and no order entry will be allowed after this time. This dress rehearsal will also involve a failover scenario, and the BIST primary servers will be made unavailable any time post 1 PM Turkey time. Post this failover, TT will connect to the BIST secondary servers for the reminder of the day.

Company admins will need to update the order entry connection settings with the latest user details that they may have received from the exchange for this test. 

• TFEX: New Trading System Upgrade
• CME: DR Data Center Migration and Test 
• BIST: BISTECH 3.0 Dress Rehearsal
• SGX Titan & SGX GIFT City: Industry-wide BCP Exercise
• JPX: Mock Testing for three-month TONA futures, Nikkei 225 Micro Futures and Mini Options, ESG Index Futures and Contract Unit changes for Silver and Palladium futures
• Eurex/EEX: T7 Release 11.1
• JPX: Three-month TONA Futures
• JPX: Nikkei 225 Micro Futures and Nikkei 225 Mini Options
• JPX: ESG Index Futures
• JPX: Contract Unit Change for Silver Futures and Palladium Futures
• BIST: BISTECH 3.0
• SGX_GIFT: GIFT Connect Service Release 1
• SGX_GIFT: Full-scale operation of NSE IFSC-SGX
• Eurex/EEX: ETI TLS Encryption
• IDEM: Migration to Euronext

TFEX: New Trading System Upgrade

May 8

TFEX has rescheduled the official Go-Live date of their new Trading System Upgrade for May 8, 2023. Prior to Go-Live there will be a migration period in which TT staff will work together with customers to ensure preparedness for the upgrade. In addition, the TT production environment will be available for the exchange’s Go-Live Activities on Saturday May 6 and Sunday May 7. 

The TFEX Trading System Upgrade Migration Guide continues to be updated with new details and information as the Go-Live date draws nearer. It is recommended that customers check the document from time to time so that new updates will be received in a timely manner.