System Admin News & Updates

CME: Bursa Malaysia Derivatives (BMD) Night Trading Session

December 6 

Effective Sunday, December 5 (trade date Monday, December 6) Bursa Malaysia Derivatives (BMD) will add a night trading session for all active products (excluding FMG5) on CME Globex. Due to the time difference between Malaysian time and Central time, the night trading session activities will begin the business day prior to actual trade date in Malaysian time. The new night trading session will be open for trading Monday – Thursday. There will be no Friday night trading session. Hours will be 21:00:00 hours to 23:30:00 hours (Malaysia time). See Additional Resources for more information.

The following products will be available for the night trading session:

Product	Product Symbol
Crude Palm Oil Futures	FCPO
FTSE Kuala Lumpur Composite Index Futures	FKLI
Gold Futures	FGLD
USD RBD Palm Olein Futures	FPOL
Mini FTSE Bursa Malaysia Mid 70 Index Futures	FM70
Crude Palm Oil Options	OCPO
FTSE Kuala Lumpur Composite Index Options	OKLI
USD Crude Palm Oil Futures	FUPO
USD RBD Palm Olein Options	OPOL
Crude Palm Kernel Oil Futures	FPKO
BMD Tin Futures	FTIN
East Malaysia Crude Palm Oil Futures	FEPO
3 Month Kuala Lumpur Interbank Offered Rate Futures	FKB3

TT Platform Impact

TT will support the night trading hours. This is available for testing in UAT.

Additional Resources

CME Globex Notice November 15, 2021

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Eurex: T7 10.0 Upgrade

November 22

Deutsche Börse plans to introduce T7 Release 10.0 on November 22. The simulation period for T7 Release 10.0 began on September 13. Additional information from the exchange may be found here.

With this upgrade, Eurex will require that Order Routing System (ORS) providers and users comply with the amended rules and the associated identification obligation that will become effective for Exchange Participants as of 22 November 2021 with T7 Release 10.0. As a result, customers will be conditionally required to provide exchange Member and Trader information on order entry in Tag 2404 ‘ComplianceText’. Details on this initiative may be found here.

Full details from Eurex on the requirements for use of this field may be found in “Eurex Circular 061/21 Order Routing System (ORS): Details for usage” here.

TT Platform Impact

TT will support required changes resulting from the T7 10.0 upgrade, and testing is now available in UAT. 

We now support the use of Tag 2404 ‘Compliance Text’ in production. Information on configuration of this field may be found here.

On November 22, Eurex will upgrade to T7 version 10.0 in Production. In preparation for the upgrade, the exchange will hold a connection test on Saturday, November 20. TT will participate in this testing on behalf of customers.

TT has submitted its Readiness Statement to Eurex as required for the upgrade.

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Eurex: T7 10.0 Upgrade

November 22

Deutsche Börse plans to introduce T7 Release 10.0 on November 22. The simulation period for T7 Release 10.0 began on September 13. Additional information from the exchange may be found here.

With this upgrade, Eurex will require that Order Routing System (ORS) providers and users comply with the amended rules and the associated identification obligation that will become effective for Exchange Participants as of 22 November 2021 with T7 Release 10.0. As a result, customers will be conditionally required to provide exchange Member and Trader information on order entry in Tag 2404 ‘ComplianceText’. Details on this initiative may be found here.

Full details from Eurex on the requirements for use of this field may be found in “Eurex Circular 061/21 Order Routing System (ORS): Details for usage” here.

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Eurex: T7 10.0 Upgrade

November 22

Deutsche Börse plans to introduce T7 Release 10.0 on November 22. The simulation period for T7 Release 10.0 is planned to start on September 13. Additional information from the exchange may be found here.

With this upgrade, Eurex will require that Order Routing System (ORS) providers and users comply with the amended rules and the associated identification obligation that will become effective for Exchange Participants as of 22 November 2021 with T7 Release 10.0. As a result, customers will be conditionally required to provide exchange Member and Trader information on order entry in Tag 2404 ‘ComplianceText’. Details on this initiative may be found here.

Full details from Eurex on the requirements for use of this field may be found in “Eurex Circular 061/21 Order Routing System (ORS): Details for usage” here.

TT Platform Impact

TT will support required changes resulting from the T7 10.0 upgrade, and testing is now available in UAT. 

We now support the use of Tag 2404 ‘Compliance Text’ in production. Information on configuration of this field may be found here.

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FIX: MaturityMonthYear Changes for ICE

New Date: October 29

Following up on our original announcement from August 26, TT continues to make changes to our Security Master database (PDS) to synchronize the month and year values displayed in the TT Trading GUI (PDS Alias field) with TT FIX tags 200, MaturityMonthYear, and 610, LegMaturityMonthYear values for all FIX order routing, drop copy, market data and security definition messages. 

ICE Market supports this feature now in UAT, with production support scheduled for October 29, 2021.

PDS has introduced a new field, ContractDisplayDate, (CDD), which will contain the month & year values from the Alias field. PDS will be rolling out this change market-by-market. JPX, TOCOM and OSE markets currently support the new value in production. Support for PDS CDD in additional markets will be announced in future.

In TT FIX v158 & higher, when the PDS CDD field is present on an instrument, TT FIX will map CDD to tags 200 & 610 on all relevant inbound & outbound messages. When CDD is not present, the existing mapping to PDS Maturity Date will continue as currently implemented.

TT Platform Impact

Customers trading ICE contracts via FIX are strongly encouraged to test their applications in UAT prior to the October 29 rollout date to ensure integration with the new behavior. Contracts listed in PDS under ICE_L market will not be impacted. Please reach out to your TT Customer Representative or email [email protected] with any questions or concerns.

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