Cboe announces Cboe Europe Equities enhancements to support RLP
Cboe has informed Participants about planned technical changes later in the year.
The changes focus on expanding functionality to support the retail market and will consist of the following elements, some of which are mandatory:
- New unitised Multicast PITCH feeds are to be provisioned, and will be dedicated to publishing RLP orders and executions
- A new “RLP” order type
- Mandatory changes to format and content of Reference Data and Trade Data files across all of Cboe’s environments.
To give market Participants, data vendors and connectivity partners as much notice as possible, Cboe has published updates to the following documents which include mandatory changes:
• Multicast market data specification detailing the new RLP market data feeds:
o IP address ranges for Production, and details regarding how to order GRP/SPIN ports, will be communicated in a later notice
o The Trade Flag field is enhanced to allow RLP trades to be identified as such on the existing market data feeds
• FIX and BOE order entry specifications allowing participants to submit RLP orders through a new value within ExtExecInst field
• Reference Data file specification detailing the new LPP Group column being added to CXE, DXE and also BXE, TRF and SIS
• Trade Data file specification detailing the new RAO column being added to CXE, DXE and also BXE and TRF
• New fee codes to support the new RLP order type.