System Admin News & Updates

TFEX: External Crisis Test

April 22

TFEX has scheduled an External Crisis Test which will take place in the TFEX STAGE environment on April 22 starting from 18:00 ICT. Because participation is mandatory for all Brokers TT will provide access to the test in the UAT Environment. Please note that on the day of the test, UAT TFEX will be available for the Crisis Test only from 15:30 onward. All questions and concerns specific to test guidelines or procedures should be directed to  [email protected].

TT Platform Impact

All participating Brokers are required to prepare a STAGE Environment Connection in TTUS in advance of the test. The new connection should be enabled at the start of the Crisis Test and then disabled upon completion. At the end of the Crisis Test, all original Connections that were previously used for routine testing should be returned to normal operation along with all of their original settings.

For connecting to the Crisis Test, TFEX requires the following:

1. STAGE Test Environment IP and Port:
   1. Primary – 10.232.6.31:6974
   2. Secondary –  10.232.6.32:6974
2. Username must be the same as the one used in Production.
3. Password must be set to ffffff@2

For questions or concerns specific to Connection setup and configuration, please contact your TT service representative.

Additional Resources

Test Script

Teleconference (Apr 20 – 21, 14:00 – 16:00 ICT)

ICE: Three Month Euribor Futures Packs and Bundles Price Methodology Change

April 18

ICE is introducing the change to the pricing methodology of Three Month Euribor® Futures Packs and Bundles Strategy (“the Strategy”). This change will be effective from Monday 18 April 2022. The minimum price increment for the Strategy will be 0.00125 index points. The change in the minimum price increment will impact the prices for the order entry, book updates and the settlement prices.

TT will automatically handle the changes to the minimum price increment for the affected Strategy instruments. The changes are already available in the UAT environment and can be tested now by the interested customers.

ICE: Three Month Euribor Futures Packs and Bundles Price Methodology Change

April 18

ICE is introducing the change to the pricing methodology of Three Month Euribor® Futures Packs and Bundles Strategy (“the Strategy”). This change will be effective from Monday 18 April 2022. The minimum price increment for the Strategy will be 0.00125 index points. The change in the minimum price increment will impact the prices for the order entry, book updates and the settlement prices.

TT will automatically handle the changes to the minimum price increment for the affected Strategy instruments. The changes are already available in the UAT environment and can be tested now by the interested customers.

CME: Good Till Cancel Order Eliminations for User-Defined Spreads (UDS)

April 1

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.

Additional Resources

UDS Expiration and Extension

User Defined Spread – UDS

UPDATE: Nasdaq: Nordic Equity Derivatives Trading Replatform

March 28

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.