CME Releases New Build of Optimizer Software

CME Group, the world's leading and most diverse derivatives marketplace, announced the launching of a new build of the version 16 Optimizer software in conjunction with its expansion of the Portfolio Margin program to include SOFR Futures.

According to the advisory notice, Optimizer users must upgrade to the newest build by the production deadline April 26, 2021. Firms that do not upgrade on the production deadline will experience subsequent Optimizer failures.

There are also several configuration changes. The new build updates the default configuration for options eligibility. This build also assumes Eurodollar options are eligible to optimize by default.

Firms that wish to exclude all options may utilize the standard Exclusions → Product configuration in the configuration.json file described here or simply carry forward their version 15 config file.

Finally, the build reverts change to default location for program files span.ini and orgmast.xml from the 'Inputs' directory to the 'Plugins/Optimizer directory. This is consistent with all builds of Optimizer prior to Version 15.