CME ClearPort (CP) API v.2.0. Certification Process Checklist

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CME ClearPort (CP) API v.2.0 Certification Process Checklist

Revision History By (full name) Date Reason & of Changes Version Mildred Rodriguez 10/23/2009 Initial Draft 1.0 Michael Healy 12/07/2009 MQ Client specifics included 1.1 1

Preparation Registration Information 1. Utilities Agreement Forms Necessary Contact Third Party Services to receive a copy of the Utilities Agreement. You must agree to the Developer s Utility Agreement in order to continue. Contact Market Operations Technical Support at 1-800-275-6215 or via e-mail at 2. Download and Review the CME ClearPort (CP) API v.2.0 Documentation CME has prepared a definition of the FIXML 5.0SP2 protocol for retrieval of resource data and trade submission supported by the CME ClearPort API v.2.0 available at http://www.cmegroup.com/clearing/clearport/index.html. Your application must adhere to this definition. Download and review the CME ClearPort API v.2.0 Documentation. Attend Kickoff Meeting 3. Schedule and attend kickoff meeting to: Meet your Exchange Certification Team. Review the Exchange s FIXML implementation. Review the Certification environment connectivity. 2

Schedule the kickoff meeting with the Market Operations Technical Support group one week in advance. Review the API definition in the Implementation Guide and participate in meeting. Submit Forms 4. Submit Required Forms The forms listed below must be received the Market Operations Technical Support group prior to accessing the Certification Environment. Forms Necessary CME ClearPort API v.2.0 Certification Registration Form (hard and softcopy): This form specifies and provides the Exchange with the company and user identifiers, IP addresses and port numbers that the API will use to define connections to the Certification environment. You will be provided a corresponding IP address and port number. Actions Required Complete the form and submit the CME ClearPort API Certification Registration Form to the Market Operations Technical Support group no less than 2 weeks before the planned start of certification testing. Set Up Communication Facilities 5. Configure Certification Connection 3

Although certification testing is typically performed via the public internet, it is necessary that your network be correctly configured to the Exchange s TCP Port and IP Address exposed within your network. MQ Series clients will need to contact Market Operations Technical Support for connectivity requirements. Forms Necessary The CME ClearPort API v.2.0 Certification Registration Form should have been completed and returned by this point. Configure your firewall. Development and Certification Complete Development 6. Develop Client Application Develop a client application to receive data and submit trades in accordance with the CME ClearPort API Definition. Code and test the client application. 7. Schedule and Execute the Certification Test The Certification Test comprises of 2 parts: 4

1) Functional test: Tests your system s compliance with the Exchange s trading rules and data validation. 2) Operational test: Exercise your system by means of a mock trading session. Schedule the Certification Test with to the Market Operations Technical Support group 2 weeks prior to production date. Review and Execute the Certification test Script. Capture log files (raw messages in the Test Script below) as requested by the Market Operations Technical Support group. Submit log files to the Market Operations Technical Support group upon request. Pre-Production Submit Forms 8. Submit Required Forms The forms listed below must be received online by the Market Operations Technical Support group prior to accessing the Production Environment. Forms Necessary CME ClearPort API v.2.0 Pre-Production Form (hard and softcopy): This form specifies and provides the Exchange with the company and user identifiers, preferred mode of connection to the Exchange, IP addresses and port numbers that the API will use to define connections to the Production environment. You will be provided a corresponding IP address and port number. CME ClearPort Registration (online): If you have not already registered for CME ClearPort, it is necessary to do so at this time at http://www.cmegroup.com/clearport/registration.html. The registration also requires click-through acceptance of the following legal agreements: 5

o o o Exchange User License Agreement Exchange Privacy Policy Exchange Rules Actions Required Complete and submit the CME ClearPort API Pre-Production Form to the Market Operations Technical Support group no less than 2 weeks before the planned launch in Production. Set Up Communication Facilities 9. Configure Production Connection It is necessary that your network be correctly configured to the Exchange s TCP Port and IP Address exposed within your network. Forms Necessary The CME ClearPort API v.2.0 Pre-Production Form should have been completed and returned by this point. Configure your firewall. Configure your preferred mode of connection. Complete Production Readiness Test 10. Execute Connectivity Test 6

To ensure that your server establishes and maintains a connection with the Exchange s server. Configure your production server to connect to the Exchange s production server. Schedule the Connectivity Test with Third Party Services. Execute a ping test. Connect to the Exchange s server and log on. Monitor the connection for at least 15 minutes; Third Party Services will do likewise upon request. Prerequisites Successful completion of the Certification Test. 11. Production Monitoring To ensure that XML and FIXML messages are being correctly received and processed. Prior to commencement of entering trades into your system, notify Third Party Services so that your activity can be monitored during the first hour of trading. Timeframe This activity takes place at the start of trading on the first day of trading for the partner. Prerequisites Successful completion of the Certification and Connectivity tests. 7

Completion and submission of all required forms and agreements. 8

Appendix A CME ClearPort API v.2.0: Sample Certification Test Script Negative results on outbound acknowledgements may appear. Review the CME ClearPort API Implementation Guide s Appendix B on page 105 located at http://www.cmegroup.com/clearing/files/clearport_api_v2.0_implementation_guide.pdf for a list of error messages. Functional Test Script Each test comprises an action and one or more observations of expected results. In the table below, actions are in boldface and observations in normal type. It is recommended that out-rights and strips are tested along with positive, negative and zero prices. The Exchange s activities will be performed via CME ClearPort (CP). Please submit a script of trades entered into the CP API to the Market Operations Technical Support group for verification and certification on the CP GUI. You may also verify the trades on the CP GUI. MQ Series Clients Authentication: Authentication is not required since MQ is a secure method of transport. MQ Clients are excused from Steps 1, 2 and 14. MQ Series Clients Retrieval of Resource Data: To obtain product reference data MQ Series clients must use the FIXML Product Reference Files (FPRF) generated daily by CME Group. MQ Clients are excused from Steps 3, 4 and 7. Step Partner 1. Log on to CP API v.2.0 (see logon.xml). Receive acknowledgment. Connect Exchange Change Password 2. Request new password upon initial login (see changepassword.xml). Receive acknowledgment. CP API logs the inbound logon. CP API logs the outbound acknowledgement. CP API logs request. Retrieval of Resource Data (XML) CP API changes password and provides the outbound acknowledgement. 9

3. Request resource data daily: Products (see SecurityDefRequest.xml) CP API logs request. CP API provides resource data. Receive XML resource data feed (see Implementation Guide). 4. Request resource data daily: Terms for Products (see requesttermsforproducts.xml) Receive XML resource data feed (see Implementation Guide). 5. Request resource data daily: Accounts (see requestaccounts.xml) Receive XML resource data feed (see Implementation Guide). 6. Request resource data daily: Traders = principals to the trade (see requesttraders.xml) Receive XML resource data feed (see Implementation Guide). 7. If entering OPTIONS, request resource data daily: 8. Strike = strike prices for options (see requeststrikes.xml) Receive XML resource data feed (see Implementation Guide). Trade Entry in FIXML Select a product from the listed commodities received from the resource data feed. CPC API logs request. CPC API provides resource data. CPC API logs request. CPC API provides resource data. CPC API logs request. CPC API provides resource data. CPC API logs request. CPC API provides resource data. Submit a Trade Entry in FIXML (see tradeentry.xml for all the required data needed for a trade entry). CPC API logs the trade submission. Confirmation of trade submission sent. 10

9. 10. 11. 12. Receive FIXML trade submission confirmation (see Implementation Guide). For a confirmation that the trade has cleared, request a Trade Query. Request a Trade Query in FIXML (see tradequery.xml). Receive FIXML trade query confirmation sent (see Implementation Guide s section 3.3.2 page 10 for response). Trade appears on CPC GUI blotter with venue cpcapi. CPC API logs the trade query request. Confirmation of trade status. Void in FIXML Select a trade previously submitted. CPC API logs the trade submission. Submit a Void for a Trade in FIXML (see tradevoid.xml). Receive FIXML void trade submission confirmation (see Implementation Guide s section 3.3.3 page 11 for response). For a confirmation that the trade has been voided, request a Trade Query. Request a Trade Query in FIXML (see tradequery.xml). Receive FIXML trade query confirmation (see Implementation Guide s section 3.3.2 page 10 for response). Confirmation of trade submission sent. Trade appears on CPC GUI blotter with venue cpcapi and a V next to it for voided. CPC API logs the trade query request. Confirmation of trade status sent. Strip Trade Entry in FIXML Select a product from the listed commodities received from the resource data feed. CPC API logs the trade submission. Submit a Strip Trade Entry in FIXML (see striptradeentry.xml for all the required data needed for a strip trade entry). Receive FIXML trade submission confirmation (see Implementation Guide s section 3.3.1 page 9-10 for Confirmation of trade submission sent. Trade appears on CPC GUI blotter with 11

13. response). For a confirmation that the trade has cleared, request a Trade Query. venue cpcapi. Request a Trade Query in FIXML (see tradequery.xml). Receive FIXML trade query confirmation sent (see Implementation Guide s section 3.3.2 page 10 for response). 14. Log off (see logoff.xml). Receive acknowledgment. Disconnect CPC API logs the trade query request. Confirmation of trade status. CPC API logs the inbound logon. CPC API logs the outbound acknowledgement. 12