Effective Sunday, June 4 (trade date Monday, June 5), international derivatives marketplace CME Group will upgrade the BrokerTec Stream platform from version 1.5 to 2.0. BrokerTec Stream 2.0 is designed to deliver the best performance and lowest possible latency for our clients.
BrokerTec Stream 2.0 has new enhancements including:
- Sweepable matching
- Firm price improvements
- FIX 4.4-compliant APIs for Makers and Takers
- Front-end access via BrokerTec Global Front End (GFE) Client
This launch paves the way for future enhancements including netted credit across BrokerTec Stream and BrokerTec Markets on CME Globex.
Clients should have already received the Taker and Maker API rules of engagement documentation that outline the technical changes as well as the BrokerTec GFE Configuration for New Release environment. These are also available on the BrokerTec Support Portal.
API clients must complete conformance testing and certification. CME STP does not require conformance testing and certification for this launch.
CME Group is also offering BrokerTec customers three opportunities for mock testing for API clients in Production. To help ensure readiness and provide an opportunity to transact via CME’s Production systems, customers are strongly encouraged to sign up and test with CME on the following dates: