System Admin News & Updates

ICE: Transition of European Union Emission Allowance Contracts to ICE Endex

June 7

ICE has determined that the trading of the existing EU Emissions Allowance (“EUA”) Futures and Options products be transitioned from IFEU to NDEX, but continue to be cleared by ICE Clear Europe (“ICEU”), during the second quarter of 2021. The transition date has been decided as June 07, 2021.

The summary of the changes can be found in the below table where the products and the corresponding market data group could be referred.

ICE: Transition of European Union Emission Allowance Contracts to ICE Endex

June 7

ICE has determined that the trading of the existing EU Emissions Allowance (“EUA”) Futures and Options products be transitioned from IFEU to NDEX, but continue to be cleared by ICE Clear Europe (“ICEU”), during the second quarter of 2021. The transition date has been decided as June 07, 2021.

The summary of the changes can be found in the below table where the products and the corresponding market data group could be referred.

ICE: UK Emission Products

May 19

ICE plans to launch ICE UK Allowance (UKA) Futures contracts on May 19, 2021, coinciding with the launch of the first auction, with UKA Daily Futures (DUK) following on May 21, 2021, subject to regulatory approval. ICE UKA Futures and UKA Daily Futures (DUK)  will trade on ICE Futures Europe.

TT Platform Impact

TT will do the required configuration and mapping changes to subscribe to the newly added Market Types for ICE. The products will be tradable on Day1 after the launch.The products will be available in UAT environment on May 14, 2021.

Eurex: Change to Default MiFID Value Requirements

May 21

TT will remove default values sent on orders to Eurex, which had been implemented with the launch of MiFID II and were intended to ensure customer orders were not rejected at that time. Customers must ensure that these values are correctly populated as of that date:

• Trading Capacity
• Client ID
• Liquidity Provision
• Execution Decision ID

SGX: New Product Additions

May 10

SGX will launch the following products on May 10, 2021:

Also, the existing SGX USD/CNH Futures (Product Symbol: UC) will be renamed to SGX USD/CNH (Full-Sized) Futures.

TT Platform Impact

No action required; products will be available automatically.