TT CME Gateway System Administration Manual - Trading ...

1 TT Gateway and the Exchange
information related to trades. TT Gateways now include information
relating to Request for Quote (RFQ) activity in the Audit Files.
Note: This enhancement only available for exchanges that support RFQs.
Please refer to the CME Gateway Release Notes for a full description of all fixes
and enhancements in this version.
What’s New in 7.15? CME Group 7.15 includes an enhancement that significantly improves order and
fill server performance by reducing the amount of redundant data transmitted
when delivering shared order and fill data across the trading environment. Once a
trading environment is fully upgraded, this enhancement seamlessly improves
performance across the trading platform.
CME Group 7.15 also installs with a new version of the fast.cfg file that includes
channels for both CME and CBOT products. In addition, default comment entries
for new channels have been added to the hostinfo.cfg file.
Please refer to the CME Gateway Release Notes for a full description of all fixes
and enhancements in this version.
What’s New in 7.14? CME Gateway 7.14.4 or higher supports populating the mandatory iLink Tags
required by the CME Group for all inbound FIX messages. In order to be compliant
with the CME Group’s iLink Tag requirements and ensure full support of the TT
software changes made in response to these requirements, you must upgrade to
version 7.14.4 or higher.
Please refer to the CME Gateway Release Notes for a full description of all fixes
and enhancements in this version.
Exchange Location The Chicago Mercantile Exchange (CME) was established in 1898 and was
originally known as the Chicago Butter and Egg Board. The exchange focused on
trading agricultural futures contracts via open outcry. As new technologies
emerged, CME introduced their Globex® platform to facilitate electronic trading.
Following a merger with the Chicago Board of Trade (CBOT) in 2007, CME grew to
become the CME Group. The combined entity provides access to all major asset
classes by offering futures and options based on interest rates, equity indices,
foreign exchange, commodities, energies and alternative investment products
such as weather and real estate.
As part of the exchange’s further growth, CME began listing NYMEX and COMEX
contracts on their Globex platform. In March 2008, CME Group announced that
they are expanding this relationship with a definitive agreement for the
acquisition of NYMEX.
Note: You can find the preceding exchange information on the CME Group’s website at:
www.cmegroup.com.
Matching Engine CME Group (based in Chicago, Illinois) provides matching via the CME Globex®
electronic matching engine.
Matching Algorithms CME Globex supports the following matching algorithms:
• First-In, First-Out (FIFO)
• Pro-Rata
• Split FIFO/Pro-Rata
• NYMEX FIFO with LMM
12 CME Gateway System Administration Manual
Trading Technologies International, Inc.