| 1.0.0 | 05/01/17 | Initial version. |
| 1.1.0 | 07/24/17 | Updated to reflect use of MassCancelInst for Mass Cancel with lockout specification. |
| 1.1.1 | 09/18/17 | Updated the ordering of the fields in the File Format section. |
| 1.1.2 | 10/17/17 | Cboe branding/logo changes. |
| 1.1.3 | 01/19/18 | Clarification of Net Long and Net Short calculation. |
| 1.1.4 | 01/23/18 | Added description of Clearing Firm interface optionality in which Clearing Firms can request by-EFID interface that precludes use of EFID groups for risk settings applied to activity aggregated across the group. Email alerts for Clearing Firms clarified. |
| 1.1.5 | 02/01/18 | Clarified that Clearing Firms must set risk values in order for TPHs to submit orders to the system, and that TPH may optionally specify values, the most restrictive of those that are settable by both Clearing Firms and TPHs apply. |
| 1.1.6 | 03/01/18 | If a single event causes both the warning threshold and the risk limit to be exceeded, only the risk limit exceeded email event notification email will be sent. |
| 1.1.7 | 05/29/18 | Updated the Email alerts section to include TPH clients of Clearing Firms. |
| 1.1.8 | 12/31/19 |
- Updated this specification to clarify that all risk limits apply to both orders and quotes with the introduction of the BOE Quoting Interface on CFE expected in Q2 2020.
- Added new BOE
Reset Risk message as another means of clearing a risk trip.
|
| 1.1.9 | 07/20/20 | Updated description of the
product field for the CFE Customer Web Portal Risk Management Tool to include pooled products for Net Long/Net Short Risk Controls. Added section 2.4.1 ─ Use of Product Field for Pooled Products by Clearing Firm Risk Controls Users. |
| 1.1.10 | 09/22/20 | Added note indicating Clearing Firms will be able to enter and edit email addresses for risk limit notifications via the Risk Management tool effective 09/25/20. |
| 1.1.11 | 11/27/20 | Removed past effective dates. |
| 1.1.12 | 05/20/21 | Clarification around Kill Switch activation and release of Kill Switch. Kill Switch functionality added to Secure Web API (effective 07/11/21). |
| 1.1.13 | 06/11/21 |
Update to indicate that TPH may self-reset a Kill Switch when that Kill Switch is initiated by a TPH and not by a Clearing Firm. Clarified descriptions of Limit Order Protection Risk Limit. |
| 1.1.14 | 02/07/22 | Updated links to point to CFE BOEv3 Specification. |
| 1.2.0 | 07/29/22 | Added new Risk Limits for Options (effective 07/10/23 04/03/23). |
| 1.2.1 | 11/29/22 | Updated
product_type description for clarity. |
| 1.2.2 | 12/12/22 | Updated Section 2.4.1 to include additional multiplier and decimal examples until functionality is resolved (effective 01/15/23 TBD). |
| 1.2.3 | 01/13/23 | Updated effective date for Section 2.4.1 (effective 01/15/23).Removed note with additional multiplier and decimal examples from Section 2.4.1. |
| 1.2.4 | 01/19/23 | Updated effective date for Options on Futures (effective 07/10/23). |
| 1.2.5 | 02/10/23 | Added limit type
max_ntnl - Maximum Order Notational (effective 07/10/23). |
| 1.2.6 | 03/30/23 | Added Options on Futures Limit Order Price Reasonability Check (effective 07/10/23). |
| 1.2.7 | 07/03/23 | Removed Duplicative Order Protection from Options on Futures. |
| 1.2.8 | 07/18/23 | Removed Duplicative Order Protection section. |
| 1.2.9 | 06/14/24 | Clarified that Limit Order Protections are still available for Futures. |
| 1.2.10 | 06/18/24 | Added a Futures Limit Order Protections table in section 1.3.1.2. |
| 1.2.11 | 06/28/24 | Clarified that the futures root symbol should be used for both futures and options risk rules, which means that UX1A and UX3C would not be valid values even for options risk limits. |
| 1.2.12 | 10/08/24 | TPHs
will not be permitted to enter any orders/quotes to the CFE system for a given
Options on Futures product until their Clearing Firm has set values for Max
Order Size, Max Order Notional, and Absolute Notional Risk Limits in that
product. For
Options on Futures, Price Reasonability Checks are applied uniformly for all
products. Added new section, Futures Limit Order Price
Reasonability Checks. |
| 1.2.13 | 01/15/25 | Updated with Cboe Titanium branding. |
| 1.2.14 | 02/13/25 | Added minor formatting updates in Pre-Order Limit Types table to better communicate TPH and Clearing Firm access. |
