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CME GC Allocator API is a JSON RESTful API that provides support for General Collateral (GC) Repo customers to manage their post-trade GC allocations and substitutions.

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  • Clients with existing CME Group Login ID can login to Customer Center and under My Profile create an OAuth API ID
  • Clients with existing CME Group Login ID and existing Basic Auth API ID can convert the Basic Auth API ID to an OAuth API ID under the API Management section of the CME Group Login under My Profile.

Contact Global Account Management (GAM) for CME GC Allocator API access and more information.

Testing and Certification

Certification is required for GC Allocator API services. Please contact Certification Support for Electronic Trading (CSET).

Roles

Roles are required for CME GC Allocator API.

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  1. Customer 1 notifies their counterparty of an intent to substitute the allocation they made previously, by submitting a POST to /notifications, using a CollateralNotificationRequestMessage to indicate which allocation, and what quantity will be substituted; gets back an HTTP 200 (OK) with a CollateralNotificationResponseMessage showing their notification.
  2. Customer 2 polls for notifications, by submitting a GET request including the AcknowledgementStatus parameter to /notifications/search?acknowledgementStatus=NOTIFIED; gets back an HTTP 200 (OK) with a CollateralNotificationResponseMessage indicating the allocation on which Customer 1 submitted their notification, as well as an identifier for the notification itself. (NOTE: the  
    Info

    The two customers will receive different notificationGuids

    )

    .

  3. Customer 2 acknowledges notification by submitting a POST to /notifications/acknowledgements/, using a CollateralNotificationRequestMessage to indicate which allocation's notification they were responding to; gets back an HTTP 200 (OK) with an updated CollateralNotificationResponseMessage record (NOTE: a
    Info

    A notification must be sent prior to a substitution, but it is not required that the notification be acknowledged

    )

    .

  4. (Optional) Customer 1 searches for acknowledged notifications by submitting a GET request including the AcknowledgementStatus parameter to /notifications/search?acknkowledgementStatus=ACKNOWLEDGED; gets back an HTTP 200 (OK) CollateralNotificationResponseMessage with their allocation, showing that their notification has been acknowledged (NOTE: because acknowledgement is not required prior to substitution, this field will be set to ACKNOWLEDGED on the seller's side as soon as the notification is submitted).
  5. Customer 1 substitutes their allocation by submitting a POST to /collateral/substitutions/, using a CollateralRequestMessage to define the substitution; gets back an HTTP 200 (OK) with links to the original allocation, the substitution, and the remaining allocation if appropriate.

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