To facilitate internal maintenance, customers must cancel all Good Till Cancel orders for User-Defined Spreads by the close on Friday, April 1. All remaining GTC orders for UDS will be eliminated by CME after the close on Friday. As a result, all listed UDS will naturally expire that weekend.
Customers can create UDS as usual starting Sunday, April 3.
Nasdaq has delayed this migration to March 28th.
High level details on this initiative from the exchange:
Nasdaq is migrating our Nordic Equity Derivatives markets, currently on the Genium INET platform, to a new Global Derivatives Trading System based on INET technology that leverages our Nasdaq Financial Framework (NFF). This Nasdaq next-generation platform is a solution based on global financial standards, for stable, flexible and high-speed services. The new framework with its powerful core technology and standardized access to Nordic liquidity, will in the coming years be the common technical platform utilized across all Nasdaq’s U.S. and European markets and asset classes.
The migration of equity derivatives to the new trading platform is scheduled for implementation on March 28, 2022. Please note that equity derivatives will continue to be cleared in Genium INET after the trading re-platform.
Additional details may be found here.
Continue Reading →Eurex is increasing the minimum price change (tick) in outright contracts in EURO STOXX 50 Index Futures (FESX) with effect from March 21, 2022.
The new tick will be 1.0 index points (currently 0.5 index points).
The tick value will increase from EUR 5 to EUR 10.
All orders and quotes in product FESX will be deleted on March 18 after the close of trading, and, where required, have to be re-entered into the order book.
The tick size for FESX Futures Calendar Spreads will remain at .25 and the tick value for FESX Futures Calendar Spreads will remain at EUR 2.50.
Eurex is increasing the minimum price change (tick) in outright contracts in EURO STOXX 50 Index Futures (FESX) with effect from March 21, 2022.
The new tick will be 1.0 index points (currently 0.5 index points).
The tick value will increase from EUR 5 to EUR 10.
All orders and quotes in product FESX will be deleted on March 18 after the close of trading, and, where required, have to be re-entered into the order book.
The tick size for FESX Futures Calendar Spreads will remain at .25 and the tick value for FESX Futures Calendar Spreads will remain at EUR 2.50.
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.
CME Globex Notice February 14, 2022
Continue Reading →