System Admin News & Updates

Eurex: Tick Size Change for FESX Outright Futures Contracts 

March 18 

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.

Additional Resources

Eurex Circular

Eurex: Tick Size Change for FESX Outright Futures Contracts 

March 18 

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.

Additional Resources

Eurex Circular

CME: Bursa Malaysia Market Segment Migration

March 13

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.

Additional Resources

CME Globex Notice February 14, 2022

CME: Bursa Malaysia Market Segment Migration

March 13

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.

Additional Resources

CME Globex Notice February 14, 2022

HKEX: Derivatives Holiday Trading Readiness Test

February 26, April 15

HKEX has announced the introduction of Derivatives Holiday Trading with a launch date of April 15 2022. This new exchange initiative will allow all MSCI Futures and Options to be traded on Hong Kong public holidays. 

On February 26, HKEX will conduct a Readiness Test and all Members who plan to operate as Holiday Trading Participants must participate. The deadline for Readiness Test Registration is February 18. PLEASE NOTE: It was previously announced that Users of TT Platform do not need to participate in the test. Subsequent discussions with HKEX have revealed that TT Staff is unable to perform all testing on behalf of customers. 

TT Platform Impact

TT is pleased to announce full support for the new trading schedule and to that end TT will participate in the Derivatives Holiday Trading Readiness Test scheduled for February 26. Additionally, HKEX has made arrangements to test Holiday Trading in the HKATS Test Environment on Wednesday, February 23 and this testing is available to all TT customers in UAT.

Additional Resources

HKEX Derivatives Holiday Trading Portal