System Admin News & Updates

CME: Changes to Nasdaq-100 Volatility Index Futures: Resting Order Eliminations

January 9

Effective Sunday, January 9 (trade date Monday, January 10) pending completion of all regulatory review periods, Nasdaq-100 Volatility Index futures, spreads and indices will be amended as follows:

• Change to tag 1146-MinPriceIncrementAmount
• Change to tag 1147-UnitOfMeasureQty
• Change to the Non-Reviewable Ranges

Customers should cancel all Good ‘Till Cancel (GTC) and Good ‘Till Date (GTD) orders after the close on Friday, January 7, 2022. After 16:00 CT on Friday, January 7, all remaining GT orders for these futures and spreads will be cancelled or deleted by CME.

Additional Resources:

Globex Notices: December 27, 2021

SGX: Self-Trade Prevention Enhancement

January 22

SGX is planning to deploy Titan Service Release 8.5 to production on January 22 for the purpose of enhancing their Self Trade Prevention (STP) functionality. Changes will allow for an additional tier of STP checking at a new “Trading Group” level, while still retaining their existing STP functionality.

TT will fully support Service Release 8.5, and new versions of TT software that support this feature will be deployed to UAT in the coming weeks.

Use of SGX Service Release 8.5 features will require no new changes or additional configurations on the TT platform. Messages that are currently in use with existing SGX STP features will continue to be the same after the update.

SGX currently plans to make the new STP Trading Groups effective in production starting from February 8. Customers wishing to make immediate use of Trading Groups in production must email their requests to [email protected] by January 29. If customers wish to test the new feature in UAT, requests for Trading Group setup in the SGX Member Test Environment must be sent to [email protected].

Trading Group setup request template:

New Self-Trade Protection Trading Group Setup

SGX: Self-Trade Prevention Enhancement

January 22

SGX is planning to deploy Titan Service Release 8.5 to production on January 22 for the purpose of enhancing their Self Trade Prevention (STP) functionality. Changes will allow for an additional tier of STP checking at a new “Trading Group” level, while still retaining their existing STP functionality.

TT will fully support Service Release 8.5, and new versions of TT software that support this feature will be deployed to UAT in the coming weeks.

Use of SGX Service Release 8.5 features will require no new changes or additional configurations on the TT platform. Messages that are currently in use with existing SGX STP features will continue to be the same after the update.

SGX currently plans to make the new STP Trading Groups effective in production starting from February 8. Customers wishing to make immediate use of Trading Groups in production must email their requests to [email protected] by January 29. If customers wish to test the new feature in UAT, requests for Trading Group setup in the SGX Member Test Environment must be sent to [email protected].

Trading Group setup request template:

New Self-Trade Protection Trading Group Setup

HKEX: Introduction of Weibo Stock Futures and Stock Options

December 8

HKEX has introduced Weibo Stock Futures and Stock Options with a launch date of December 8, 2021. The Product Code is “WEB” and the product is available for now in both UAT and Production.

Additional Resources

Introduction of New Stock Futures Contract on Weibo Corporation
Introduction of New Stock Option Class on Weibo Corporation

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:

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

Release Note for BMD session roll adjustment for Night Session