EBS New Release Testing and Certification Setup

Two testing environments are available to EBS clients:

• CME Globex New Release environment
• EBS Customer Lab

These environments are in separate data centers and have distinct connectivity. EBS clients should select the testing environment(s) that support the trading platforms, modes and services they need, as detailed in the Client Application Testing and Certification.

All EBS Markets and eFix Matching client systems must establish connectivity to the CME Globex New Release environment prior to testing or certifying. Clients may choose from the following options:

• CME Cert VPN: a secure, encrypted tunnel through an internet service that supports VPN protocols
• CME Cert Data Center: cross-connect to CME Data Center locations (where offered), using a 1Gbps fiber handoff

__ Follow the steps in Process Summary: EBS New Release Testing Setup, which details how to:

• Set up connectivity to the CME Globex New Release environment
• Gain access to the CME Group Request Center to submit company details or update company details to request EBS markets
• Create test sessions for EBS markets in the New Release environment
• Create application system profiles for API certification using AutoCert+. 

Certification

CME Group requires all directly-connected client systems interfacing with CME Group systems to be certified by AutoCert+, an automated testing tool for validating client system functionality. Customers are encouraged to test their applications in the New Release environment prior to attempting application Certification via AutoCert +. Certification is designed to verify application behavior and conformance with CME Group requirements and ensures messaging and processing reliability and the capability to gracefully recover during abnormal message processing events.

__ Access AutoCert+ for Certification: Clients must first access CME Request Center NR/Cert to both set up company details and sessions needed for testing in the New Release environment and to create application systems needed for certification prior to using the AutoCert+ application to access test suites of certification scenarios. Within the certification scenarios are multiple test cases that validate the functionality of the customer’s application. After all test cases are successfully completed, the application will be certified and can move on to Production.

End to End Testing EBS CPT APIs

Firms requesting end to end testing for EBS Central Post Trade (CPT) APIs require specific GFID setup with end to end permission from NR/Cert Request Center and mapped between CME Globex New Release environment and Customer Lab, as outlined in EBS Post Trade Testing Options.

Technical development and certification support are available from CSET.

Establish Production Connectivity 

Establishing connectivity to the Production Environment is required for trading EBS products on the CME Globex platform.

__ Select an EBS Production Connectivity Option, which is used to connect customer-side physical devices to CME Group environments.

__ Complete a Data Center Connection Agreement form for the selected connectivity offering. 

__ Complete a 'Production Environment Access Request and Change Form' for the selected connectivity offering: 

• CME GLink
• EConnect
• CME Globex Hub
• CME LNet
• Client INTERNETLink
• RNet

Required EBS Customer Form Details

Self-Service Setup

All EBS customers must complete the following agreements or forms. To obtain the following agreements or to get started with entity setup, contact Global Account Management (GAM): 

Applications and Services

EBS Workstation

EBS Workstation is a pre-screened credit-based trading system that allows professional traders to deal in Spot foreign exchange and NDFs, anonymously on EBS Market, or bilaterally via EBS Direct.

All EBS User Interface users for Spot, NDF and Metals trading have been upgraded to the new EBS Workstation.

Quant Analytics

Quant Analytics is a HTML platform that provides deep insight into CME FX, CME FX Link, CME Treasury futures and BrokerTec Cash Treasuries, EBS Market (EBSM), and EBS Direct (EBSD) activity and liquidity structures along with advanced statistical views on your trade activity, including bilateral liquidity relationships.

Quant Analytics requires Chrome and Microsoft Edge released in the most recent 12-month period  to run. WebSockets must be enabled.

Quant Analytics Onboarding

If you are a new client, follow the directions below to create a login and apply for access.

__Create CME Group Login with Multi-Factor authentication Enabled

1. Go to https://login.cmegroup.com/sso/register/, complete user profile fields and submit. 
   

   If you already have a CME Group login with multi-factor authentication enabled, skip this step and proceed to Fill Out Application Form.

    

2. Once the CME Group login is created you will receive an activation e-mail, which must be completed within 90 days.
   

   The email is From donotreply@cmegroup.com with Subject title "CME Group Login Account Activation".  Please check your email junk folder for this message as needed.

3. After verifying your account, you can ADD MULTI-FACTOR AUTHENTICATION. Click the button to add multi-factor authentication, then follow the steps provided.

__Fill Out Application Form

Your designated front office admin must request Quant Analytics access on your behalf via an online form. 

1. Determine your front office admin and GFIDs to apply for by contacting the EBS Direct team. 

2. Inform the front office admin of the desired access type; maker / taker / both and the Globex Firm ID you require access to.

3. Ensure the front office admin requestor submits the request form(s):
   • Quant Analytics Liquidity Provider Access Form - Access the full analytics suite as a Liquidity Provider on EBS Direct.
   • Quant Analytics Liquidity Consumer Access Form - Access the full analytics suite as a Liquidity Consumer on EBS Direct.
   • Quant Analytics General Access Form - Access general market data as an EBS Market or EBS Direct Customer.
   • Trade Activity Dashboard access - Contact the EBS Direct Team.

CME Group processes requests and notifies users by email when access is available or if additional information is required.

 __Quant Analytics Access and Support

• Access the Quant Analytics system: https://quantanalytics.cmegroup.com, or from the CME Customer Center, navigate to Apps & Analytics>Quant Analytics.
• For assistance, please contact: Quant Analytics Support.

EBS Risk Management

EBS Risk Management (EBS RM) application is available to Bilateral Risk Administrators and Prime Risk Administrators to manage credit relationships, configure risk limits and access other available credit functionality. EBS RM also supports the ability for users to monitor credit usage, audit history, and generate an end of day report.  Read-only access is available.   

FirmSoft

An optional order management tool that provides real-time access to information on working and filled CME Globex orders. 

FirmSoft access is granted by an Admin Manager via the Request Center - User Administration function.

For additional requests contact Global Account Management (GAM).

Firm Administrator Dashboard

Firm Administrator Dashboard (FADB) is used to manage Self-Match Prevention IDs, which allows authorized users to prevent matching orders for accounts with a common beneficial owner.

EBS FADB users can view the following:

• iLink Order Entry Session ID details for GFIDs to which they are associated, including charges
• Drop Copy Group
• Cancel on Disconnect Status

Access is granted via the Request Center - User Administration function.

An Admin Manager or Application / Service Administrator can access the User Administration application to assign user entitlements to view and manage SMP assignment.

Reporting

Enterprise Reporting Portal (EREP) and Secure File Transfer Protocol (SFTP)

EBS Reports are available via two options:

• Enterprise Reporting Portal (EREP):  Browser-based tool that enables firm users to search, view, and print or download CME Group pre-processed reports. This feature offers customers the flexibility to review and reconcile reports in various formats and is typically the tool used for most traders to view and download their daily reports.
• Secure File Transfer Protocol (SFTP): Network transmission protocol that uses a Secure Shell (SSH) connection and public / private key pair to authenticate access prior to sending and receiving files over a secure connection.  SFTP is typically used by a firm's back office to set up a centralized, systematic method for receiving reports into their systems.

To obtain access to either EREP or SFTP, the following steps are required:

__ An entity officer must complete and submit a CME Customer Center Self-Service Form to GAM; specifying at least two back-office admin managers.

__ Report recipients and application users must create or use an existing CME Group Login.

__ Report recipients request access to EREP and/or SFTP through their firm's Back-Office Admin Manager.

__ Back-Office Admin Managers complete and submit applicable form(s) for required report access:

• EBS Standard EREP Report Registration form
• EBS Credit Report EREP Registration form
• EBS Regulatory Report EREP Registration form
• EBS Session Report EREP Registration form
• EBS Billing Report EREP Registration form
• EBS SFTP Production Registration form - Institution Code Report
• EBS Institution Code Report - EREP Registration Form
• EBS SFTP Post Trade Registration form - Production

When submitting forms for reporting access, specify the user(s), roles or categories of reports needed. For a summary of the reports and applicable report access roles, review the EBS Reporting guide.

Application Programming Interfaces

When connecting to an API service, ensure you have a valid CME Group Login, then create an API ID, if required, which is used to authenticate system-to-system connections.

Managing API IDs

Authorized users can access the CME Customer Center with a valid CME Group Login to create and manage IDs that are used to authenticate API system-to-system communication to CME Group applications. 

__ From the CME Customer Center, navigate to My Profile, and then select the API Management tab.

__ Configure the customer side system with API ID, as required. 

iLink 3 Order Entry API

A required function that connects trading systems to transact business (i.e. order routing) on the CME Globex platform; through available connectivity options.

__ After requesting NR and Production environment access, use the Request Center NR application to create a CME Globex New Release order entry session, which is used to submit orders and receive confirmation messages. This includes setting up a Globex Firm ID and Signature.

__ Set up customer side systems.

__ After successful CME Globex NR environment testing and certification, create a production iLink 3 order entry session ID via CME Request Center and set up the environment and additional applications for trading.

__ Set up a secure login via HMAC keyed-hash message authentication code.

CME Reference Data API

A required API function to obtain real-time product and instrument reference data for CME Group (including EBS and BrokerTec), Hosted Partners and CME Group-cleared markets. This includes product referential data for:

• EBS Market on CME Globex
• eFix Matching Service on CME Globex
• EBS Direct

If you are new to CME Group services or wish to better understand how your current system aligns with upcoming EBS functionality, CME Group recommends starting with the CME Reference Data API information.

The following actions are required to access EBS product data on CME Reference Data API.

__ Create an OAuth API ID

__ Register EBS Referential Data Entitlements

CME Group recommends reviewing the CME Reference Data API Version 3 client impact assessment for an overview of current CME Reference Data concepts that are used for EBS on CME Globex.

Create an OAuth API ID

To access the CME Reference Data API endpoints in the New Release and Production environments, customers are required to have a valid OAuth API ID. OAuth is an open protocol that allows secure authorization in a simple and standard method from web, mobile and desktop applications. 

CME Group requires customers to create unique OAuth API IDs for both the New Release and Production environments.  

__ See steps of creating OAuth API IDs.

Register EBS Referential Data Entitlements

Once customers have created a valid OAuth API ID, the API IDs must be entitled and registered by the Enterprise Access and Entitlements (EASE) team to view and consume the EBS referential data content. 

EBS Entitlement Registration Forms:

__ To request access in the New Release environment, complete the CME EBS Reference Data API ID Test Registration - New Release form. 

Drop Copy API

An optional real-time risk management feed of CME Globex activity that is used as a Central Order Book risk management solution to view real-time trading activity on CME Globex. 
The Drop Copy API is accessible over all CME Globex connectivity options, using FIX messaging.

Prior to production environment access, firms must have a signed customer agreement and directly connected systems must be certified in the New Release environment.

__ Admin Managers must assign user entitlements to create and manage Drop Copy Groups.

__ Use the Request Center function to create a Drop Copy Group.

__ Generate HMAC codes for secure system login. 

EBS Central Post Trade (CPT)

EBS Central Post Trade (CPT) FIX and TOF API will be decommissioned at the end of 2024. For Post Trade needs customers are encouraged to migrate to CME STP for EBS FX Markets.

EBS Analytics API

For onboarding and general assistance, contact Quant Analytics Support.