• CME Globex Notices: November 14, 2016

      • To
      • CME Globex and Market Data Participants
      • From
      • Global Account Management
      • #
      • 201611140
      • Notice Date
      • 14 November 2016
    • Topics in this issue include:

       

      Critical System Updates

      Market By Order Market Data

      Starting Sunday, December 4 (trade date Monday, December 5), to increase market transparency and customer choice, CME Group will offer Market by Order (MBO) information in-line with the current Market by Price (MBP) for CME Globex markets.

      Market Data Platform with MBO will feature:

      • Ability to view individual queue position and size of individual orders at a price while remaining anonymous
      • Existing channels enhanced to provide both MBO and MBP data on a single feed
      • CME Direct support
      • Exchange and asset class roll out model

      The client impact assessment provides functionality and messaging information.

      MBO is now available in New Release for customer testing. Please view the updated MBO rollout schedule for production.

      With the introduction of MBO overall incremental feed bandwidth is expected to increase 30-40%. During peak times the number of incremental feed packets per millisecond may increase up to 40-50%.

      The MBO certification suite is now available in AutoCert+ for customer testing. Customer systems who choose to process MBO via CME Globex must complete this certification.

      To ensure customers can access, trade and process the market data for Market By Order (MBO), CME Group held a mock trading session on Saturday, November 12. All customers and trading system providers who plan to support MBO are strongly encouraged to participate. For more information about the Mock Trading Session, please view the mock trading session script.

      Please contact your Global Account Manager with any questions or concerns in the U.S. at +1 312 634 8700, in Europe at +44 203 379 3754 or in Asia at +65 6593 5505 for additional information.

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      Indicative Opening Enhancements

      Starting Sunday, December 4 (trade date Monday, December 5), CME Group will introduce an enhancement to Indicative Opening behavior to increase transparency and provide market participants with Indicative Opening Quantity. With this enhancement, a new MDP3 Indicative Opening Quantity (IOQ) statistic will be sent with the Indicative Opening Price (IOP). The tag will represent the probable aggregated quantity of all orders executed during the opening. The IOQ will include max show and stop order quantity.

      Along with this change, the logic for calculating the book quantity during the pre-open and reserve states will also be updated.

      The client impact assessment provides dates, functionality and messaging information.

      Indicative Opening Enhancements is now available in New Release for customer testing. Please view the Indicative Opening Enhancements Rollout Schedule for production launch dates.

      Please contact your Global Account Manager with any questions or concerns in the U.S. at +1 312 634 8700, in Europe at +44 203 379 3754 or in Asia at +65 6593 5505 for additional information.

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      Trade Summary OrderID Opt-in Update

      Starting Sunday, December 4 (trade date Monday, December 5), to increase transparency and simplify CME Globex functionality, all tag 37-OrderID values will be published in the Market Data Incremental Refresh Trade Summary messages.

      With this release, iLink will no longer support FIX tag 1091-PreTradeAnonymity. CME Globex will not send tag 1091 to client systems, even when submitted on the original message.

      Trade Summary OrderID Opt-in Release Schedule
      Group Channel Number Channel Name New Release Date Production Date
      1 384 NYMEX Globex Metals, Softs, & Alternative Market Futures Available Sunday, December 4, 2016
      1 385 NYMEX Globex Metals, Softs, & Alternative Market Options
      1 360 COMEX Globex Futures Sunday, January 8, 2017
      1 361 COMEX Globex Options
      1 380 NYMEX Globex Emissions Futures
      1 381 NYMEX Globex Emissions Options
      1 440 DME Globex Futures
      1 441 DME Globex Options
      1 382 NYMEX Globex Crude & Crude Refined Futures Sunday, January 22, 2017
      1 383 NYMEX Globex Crude & Crude Refined Options
      1 386 NYMEX Globex Nat Gas & other Non-Crude Energy Futures
      1 387 NYMEX Globex Nat Gas & other Non-Crude Energy Options
      1 410 CME Europe Globex Futures
      1 411 CME Europe Globex Options
      2 340 CBOT Globex Commodity Futures Available Sunday, March 26, 2017
      2 346 CBOT Globex Commodity Futures II
      2 341 CBOT Globex Commodity Options
      2 342 CBOT Globex Equity Index Futures
      2 343 CBOT Globex Equity Index Options
      2 344 CBOT Globex Interest Rate Futures
      2 345 CBOT Globex Interest Rate Options
      2 460 MGEX Globex Futures
      2 461 MGEX Globex Options
      2 310 CME Globex Equity Futures

      Available

      2 311 CME Globex Equity Options
      2 312 CME Globex Interest Rate Futures
      2 313 CME Globex Interest Rate Options
      2 318 CME Globex Equity Futures - excludes E-mini S&P 500
      2 319 CME Globex Equity Options - excludes E-mini S&P 500
      2 314 CME Globex FX Futures Available
      2 315 CME Globex FX Options Available
      2 316 CME Globex Commodity Futures Available
      2 317 CME Globex Commodity Options Available
      2 320 CME Globex FX Futures II
      2 321 CME Globex FX Options II
      2 430 BMD Globex Futures
      2 431 BMD Globex Options
      2 450 KRX Globex Futures

       

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      CME FX Displayed Quantity (Iceberg) Orders

      Effective Sunday, December 4, the Displayed Quantity order qualifier will be enabled for all CME FX futures and options markets, except the following groups:

      CME FX Displayed Quantity
      Product Futures/Options Quoting Style iLink tag 55-Symbol
      MDP 3.0 tag 1151-SecurityGroup
      Australian Dollar Futures Premium 6A
        Options Premium 0A, ZA, XA
        Options Volatility 3U, 3A
      British Pound Futures Premium 6B
        Options Premium XB, YB, 2B
        Options Volatility 3P, B3
      Canadian Dollar Futures Premium 6C
        Options Premium 2C, XD, CD
        Options Volatility 3D, 3C
      EuroFX Futures Premium 6E
        Options Premium XT, XE, 2E
        Options Volatility 3R, 3E
      Japanese Yen Futures Premium 6J
        Options Premium QJ, XJ, 2J
        Options Volatility 3Q, 3Y
      Swiss Franc Futures Premium 6S
        Options Premium XS, YS, 2S
        Options Volatility 3W, 3S

      Customers will be able to define the Displayed Quantity in tag 210-MaxShow of the New Order or Cancel/Replace Request (tag 35-MsgType=G) messages.  More information on Display Quantity is available in the iLink Order Qualifiers.

      The Displayed Quantity order functionality will be available for these markets in New Release for customer testing on Monday, November 21.

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      New - User-Defined Instruments Expansion

      Effective Sunday, December 18 (trade date Monday, December 19), User-Defined Instruments (UDI) will be listed on CME Globex whenever the option strike is created on CME ClearPort for trade submission. With this launch, UDIs may be published on any options channel.

      UDIs are disseminated with the Market Data Security Definition (tag 35-MsgType=d) message with tag 9779-UserDefinedInstrument=Y. Customers can submit quotes and orders against the UDI and also incorporate the UDI into User-Defined Spreads.

      Flex options created on the trading floor will not be added to CME Globex.

      This enhancement will be available for customer testing in New Release Monday, November 28.

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      MDP 3.0 Schema

      Starting January 8, 2017 (trade date Monday, January 9), CME Group continues implementing new MDP 3.0 SBE schema files to support the upcoming Market by Order, Triangulation and Consolidated Fills initiatives on CME Globex. For more information regarding these initiatives, please see the CME Group Customer Forum. With the new MDP 3.0 SBE schema release, CME Group expects up to a 10% bandwidth increase per market data channel.

      In order to ease customer development efforts, the new SBE schema files will support appended Template Extension. CME Group recommends that the new Schema file be downloaded and implemented on the production launch date for each channel.

      Schema Channel Launch Schedule
      Channels Production New Release
      340 - CBOT Globex Commodity Futures
      346 - CBOT Globex Commodity Futures II
      341 - CBOT Globex Commodity Options
      460 - MGEX Globex Futures
      461 - MGEX Globex Options
      January 8, 2017 Available
      342 - CBOT Globex Equity Index Futures
      343 - CBOT Globex Equity Index Options
      344 - CBOT Globex Interest Rate Futures
      345 - CBOT Globex Interest Rate Options
      January 22, 2017 Available
      430 - BMD Globex Futures
      431 - BMD Globex Options
      450 - KRX Globex Futures
      Administrative Messages for TCP Replay
      January 22, 2017 Available

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      Streamlined SBE Market Data Protocol

      Effective Sunday, January 22, CME Group will continue implementing Streamlined Simple Binary Encoding (SBE) market data protocol. Streamlined SBE will replace the existing streamlined FIX/FAST market data protocol to align the market data protocol with MDP 3.0 encoding format.

      Please refer to the table for the implementation schedule and client impact assessments.

      Streamlined SBE Market Data Protocol
      SBE Feed Production New Release Client Impact Assessment Availability
      Blocks Available Available Blocks Streamlined Conversion to SBE
      Equity Indices - S&P & Dow Jones Available Available Equity Indices Streamlined Conversion to SBE
      Eris Available Available Eris Exchange Streamlined Conversion to SBE
      OTC-EOD Available Available OTC-EOD Streamlined Conversion to SBE
      Equity Indices - Bloomberg January 22 Available Equity Indices Streamlined Conversion to SBE

      A new SBE config.xml file for production is now available for customer download from CME Group FTP site.

      The new Streamlined SBE schema is currently available in New Release.

      Customer systems receiving market data via Streamlined SBE must complete a mandatory certification suite for each market type.

      Streamlined FIX/FAST and ITC 2 Blocks Decommission

      The following streamlined FIX/FAST and ITC 2 Blocks feeds will be decommissioned in the New Release and Production environments as follows:

      Streamlined FIX/FAST and ITC 2 Blocks Decommission
      SBE Feed Production New Release
      FIX/FAST and ITC2 Blocks CME/CBOT/CME Europe December 30 December 30
      FIX/FAST and ITC2 Blocks NYMEX/COMEX/DME March 31 March 31
      FIX/FAST Equity Indices – Bloomberg, S&P & Dow Jones January 20 January 20
      FIX/FAST Eris Exchange April 21 April 21
      FIX/FAST OTC-EOD December 30 December 30

      To support the new schema rollout for OTC-EOD the CME FTP site will be updated as follows:

      Production:ftp://ftp.cmegroup.com/SBEFix/Production/Templates/
      Schema Version Current December 4, 2016
      V5 streamlinemktdata.xml streamlinemktdata_v5.xml
      V6 streamlinemktdata_v6.xml streamlinemktdata.xml

      All other streamlined channels will continue to send data on current schema versions.

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      New Market Segment for FX Futures and Options

      Starting Sunday, January 22, CME Group will launch a new market segment for some CME FX futures and options markets to support the upcoming Triangulation initiative. For more information, please visit the CME Group Customer Forum page.

      The market segment for FX futures and options markets will be changed as follows:

      Market Segment Changes for FX Futures and Options
      Product MDP 3.0 Channel Current Tag 1300-
      MarketSegemntID
      New Tag 1300-
      MarketSegemntID
      Production Launch New Release Launch
      CME Globex FX Options 315 52 88 January 22 November 22
      CME Globex FX Futures 314 62 88 February 5 December 13

      There will be no changes to MDP 3.0 channels, functionality or messaging format associated with these market segment changes.

      Please note: There are no market segment changes for CME Globex FX Futures II and CME Globex FX Options II on MDP 3.0 channel 320 and 321, respectively.

      To facilitate these changes, customers are asked to cancel all Good 'Till Cancel (GTC) and Good 'Till Date (GTD) orders for all User-Defined Spreads (UDS) on Market Segment ID 52 by the close on Friday, January 20. Any remaining GT orders on UDS will be cancelled by the CME Global Command Center (GCC). GT orders on CME FX outright options, futures and futures spreads will not be cancelled.

      The new MDP 3.0, Market Segment Gateway, and DropCopy 4.0 config.xml files will be available for customer download in the following environments as follows:

      • New Release – Available
      • Production – Sunday, January 8, 2017

      The new MDP 3.0 config.xml files will contain old and new Source IPs for ;MDP 3.0 channels 314 and 315. The old Source IP addresses will be removed on Monday, December 19 in new release and Sunday, February 12 in production. If a firewall or network device is configured with the Source IP information, please correct your configuration to use the entire range of eligible addresses.

      To ensure customers can access, trade and process market data for these market segment changes, CME Group will host a mock trading session on Saturday, January 21. All customers who support these market segments are strongly encouraged to participate. More information on the customer mock trading session will be announced in future CME Globex notices.

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      New - SecurityAltID Update for Eris Exchange

      Effective Monday, March 12, the Eris Exchange SBE Streamlined feed will add tag 455-SecurityAltID support for the Market Data Security Definition (tag 35-MsgType=d) and Market Data Incremental Refresh (tag 35-MsgType=X) trade messages. The Eris Exchange SBE channel will also migrate to SBE schema version 6 to support this change.

      Additional details are outlined in the Eris SBE migration client impact.

      Tag 455-SecurityAltID will be available in New Release for customer testing Monday, December 5.

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      New Functionality

      Update - Settlement Enhancements

      Denotes update to the article

      Effective Sunday, February 12 (trade date Monday, February 13), new settlement information will be available on CME MDP 3.0.

      • Tag 731-SettlePriceType (bits 1 and 2) will be fully supported to identify theoretical vs. actual and rounded vs. unrounded settlement prices
        •  Tag 731 is published on the Incremental Refresh, Security Definition and Snapshot Full Refresh messages (35=X, d or W)
      • The Cabinet settlement price will be published in tag 270-MDEntryPx when tag 269-MDEntryType=6 messages for settlements

      These settlement enhancements will be available for customer testing in New Release on Monday, †December 5.

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      Product Launches

      UK NBP Natural Gas (USD/MMBtu) (ICIS Heren) Front Month Future

      Effective this Sunday, November 20 (trade date Monday, November 21), subject to regulatory approval, the UK NBP Natural Gas (USD/MMBtu) (ICIS Heren) Front Month Future will be listed for trading on CME Globex and for submission to clearing via CME ClearPort.

      UK NBP Natural Gas (USD/MMBtu) (ICIS Heren) Front Month Future
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      UK NBP Natural Gas (USD/MMBtu) (ICIS Heren) Front Month Future NUE JQ

      These futures are currently available for customer testing in New Release.

      These contracts are listed with, and subject to, the rules and regulations of CME Europe.

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      CME Globex Test Product Launch

      Effective Sunday, December 4 (trade date Monday, December 5), to support the ability to test connectivity and messaging on CME Globex, a new CME Europe test product will be listed in the production environment. Test product functionality on CME Globex is detailed on the Client Systems Wiki.

      Please note: For this test contract, CME Group is restricting throughput to one message per 30 seconds per iLink session.

      The test product will mimic the CME Europe British Pound / U.S. Dollar (GBP/USD) Physically Deliverable futures contract (GBP).

      No Globex Spreads or Strips will be listed. Market data will be disseminated on MDP 3.0 channel 410

      CME Globex Test Product
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - SecurityGroup
      Test  -  British Pound / U.S. Dollar (GBP/USD) Physically Deliverable futures 0GB (zero-G-B) $J

      This product will be available for customer testing in New Release on Monday, November 21.

      Please contact your Global Account Manager with any feedback or requests for additional functionality in the U.S. at +1 312 634 8700, in Europe at +44 203 379 3754 or in Asia at +65 6593 5505 for additional information.

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      DME Singapore Fuel Oil Spreads

      Effective Sunday, December 4 (trade date Monday, December 5), the Dubai Mercantile Exchange (DME) will list the following Singapore Fuel Oil spreads for trading on CME Globex.

      DME Singapore Fuel Oil Listing DME Calendar Spreads
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Tag 762-
      SecuritySubType
      Singapore vs. Middle East Fuel Oil 180 cst Spread (Platts) Futures DSM DSM:DSM SP - Standard Calendar Spread
      Singapore vs. Middle East Fuel Oil 380 cst Spread Platts) Futures DSI DSI:DSI

      The spreads will be made available for customer testing in New Release on Monday, November 21.

      These contracts are listed with, and subject to, the rules and regulations of the DME.

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      New - DME Middle East Fuel Oil Futures

      Effective Sunday, December 18 (trade date Monday, December 19), the following Dubai Mercantile Exchange Singapore Fuel Oil products will be listed for trading on CME Globex.

      DME Singapore Fuel Oil (Platts) Futures
      Product iLink: tag 1151-Security Group MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Singapore Fuel Oil 180 cst  (Platts) Futures DUP DE
      Singapore Fuel Oil 380 cst  (Platts) Futures DSE DE
      Singapore Fuel Oil 180 cst vs. 380 cst (Platts) Futures DSD DE

      Note: The minimum price fluctuation will be $0.01 on CME Globex.

      These futures will be available for customer testing in New Release on Monday, December 5.

      Please view New Product Summary.

      These contracts are listed with, and subject to, the rules and regulations of the DME.

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      New - New Synthetic Products

      Starting Sunday, December 18, the following new synthetic products will be listed on CME Globex for internal testing.

      These products are not available for order entry and only Security Definition and Security Status (tag 35-MsgType=d, f) market data messages will be published.

      New Synthetic Products
      Product MDP 3.0 tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Market Data Channel Market Segment ID
      Test Corn Future 00C #E 340 70
      Test Corn Option 0OC $2 341 60
      Test E-Mini Dow ($5) 0YM $W 342 66
      Test E-Mini Dow ($5) 0OY #F 343 60
      Test 10-Year U.S. Treasury Note Future 00N $T 344 84
      Test 10-Year U.S. Treasury Note Option 0YN $U 345 58
      Test Soybeans 00S $S 346 72
      Test E-Mini S&P 500 Future 0ES $E 310 64
      Test E-Mini S&P 500 Option 0SO $Q 311 54
      Test Eurodollar Future 0GE $D 312 82
      Test Eurodollar Option 0GG $R 313 50
      Test AUD/USD 0AU $F 314 62
      Test AUD/USD 0AD $1 315 52
      Test Lean Hog Future 0HE $K 316 70
      Test Lean Hog Option 0HO $B 317 52
      Test Nikkei 225 (Yen) 0NK #2 319 54
      Test EUR/USD American Future 06E #C 320 62
      Test EUR/USD American Option 00E #D 321 52

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      Henry Hub Intercommodity Strategy

      Effective Sunday, January 8, 2017 (trade date Monday, January 9, 2017), Henry Hub Intercommodity Strategy (MDP3 tag 6937-Asset=HHC) for the two nearest expiration months will listed on CME Globex.  This strategy utilizes a new strategy type (tag 762-SecuritySubType=BC) for a Buy-Buy transaction between two commodities of the same maturity.

      Henry Hub Intercommodity Strategy
      Product MDP 3.0:
      tag 6937-Asset
      iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Tag 762- SecuritySubType
      Henry Hub Natural Gas (Platts FERC) Basis Futures (HB) vs Henry Hub Natural Gas (Platts Gas Daily/Platts IFERC) Index Futures (IN) HHC FD BC (Buy-Buy Strategy)

      The BC strategy is the simultaneous purchase (sale) of a monthly Henry Hub Natural Gas (Platts FERC) Basis futures (MDP3 tag 6937=HB) and Henry Hub Natural Gas (Platts Gas Daily/Platts IFERC) Index futures (MDP3 tag 6937=IN). Both legs must have the same maturity.

      This strategy is available as a futures Exchange-Defined Spread only.

      The BC strategy has:

      • Two products
        • Front leg monthly Henry Hub Natural Gas (Platts FERC) Basis futures
        • Back leg Henry Hub Natural Gas (Platts Gas Daily/Platts IFERC) Index futures
      • Two legs
      • Quantity/side ratio +1:+1

      Pricing

      • The BC Strategy Trade price is the summation of the outright future legs
      • Leg price assignment:
      • Determine anchor outright futures leg
        • Leg with most recent trade, best bid/best offer, or Indicative Opening Price.
      • Subtract the anchor outright futures leg from the BC Strategy Trade Price and assign remainder to non-anchor outright futures leg.

      Pricing Example
      HHC: HB-IN F7 trades at 4

      • HBF7 Leg1 has the most recent trade price at 1 and is designated the anchor
      • INF7 Leg2 = 3 (HHC Price – Leg1 Price)

      The strategy will be made available for customer testing in New Release on Monday, November 21.

      These contracts are listed with, and subject to, the rules and regulations of NYMEX.

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      Bursa Malaysia Derivatives Berhad (BMD) Crude Palm Oil Futures Spreads

      In Q1 2017, to improve market efficiency, Bursa Malaysia Derivatives (BMD) will list Crude Palm Oil futures butterfly and condor spreads for trading on CME Globex.

      Bursa Malaysia Derivatives Berhad (BMD) Crude Palm Oil Futures Spreads
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Listing Schedule
      (Starting January 2017)
      Tag 762-
      SecuritySubType
      Crude Palm Oil Futures FCPO BC All serial month combinations of
      first 15 contract months
      BF (Butterfly Spread)
      CF (Condor Spread)

      These futures spreads are available for customer testing in New Release.

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      Product Changes

      Additional Fixing Prices for E-mini S&P 500 Futures and Yen-Denominated Nikkei Futures

      Effective this Sunday, November 20 (trade date Monday, November 21), CME Group will begin disseminating additional fixing prices for E-mini S&P 500 futures and Yen-Denominated Nikkei futures.

      Fixing Price is a volume-weighted average price mid-point of the bid/ask quotes of the associated future from CME Globex as well as actual trade prices for a defined time span. The additional E-mini S&P 500 futures fixing price will be calculated Monday through Friday from 14:59:30 to 15:00:00 Japan time and published at 15:00:00 Japan time. The Yen-Denominated Nikkei futures fixing price will be calculated Monday through Friday from 16:29:30 to 16:30:00 London time and published at 16:30:00 London Time.

      Additional Fixing Price for E-mini S&P 500 Futures and Yen-Denominated Nikkei Futures
      Product MDP 3.0 tag 6937 -
      Asset
      MDP 3.0 tag 1151 -
      Security Group
      ITC Commodity Code
      E-mini S&P 500 Futures ES ES EJF
      Nikkei/Yen Futures NIY N1 NEF

      Fixing Price data blocks are sent in the MDP 3.0 Market Data Incremental Refresh (tag 35-MsgType=X) with the following attributes:

      • Tag 279- MDUpdateAction will be set to 0 = New
      • Tag 269-MDEntryType will be set to W = Fixing Price
      • Tag 5796-Trading Reference will display the date for which the marker price was calculated

      The additional fixing prices are available in New Release for customer testing.

      These contracts are listed with, and subject to, the rules and regulations of CME.

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      Listing Cycle Resumption for Black Sea Wheat Futures

      Effective this Sunday, November 20 (trade date Monday, November 21), Black Sea Wheat futures will resume the following listing cycle on CME Globex and clearing submission via CME ClearPort.

      Listing Cycle Resumption for Black Sea Wheat Futures
      Product MDP 3.0 tag 6937 -
      Asset
      MDP 3.0 tag 1151 -
      Security Group
      Listing Cycle
      Black Sea Wheat BSW BW Two months of March, May, July, September, and December

      These changes are available for customer testing in New Release.

      These contracts are listed with, and subject to, the rules and regulations of CBOT.

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      Update - NYMEX Electricity Options on Futures Changes

      Denotes update to the article

      Effective this Sunday, November 20 (trade date Monday, November 21), pending all relevant CFTC regulatory review periods, the number of exchange-defined option instruments for the following NYMEX Electricity options will be reduced on CME Globex. Customers will continue to have the ability to create strikes as per the product Rulebook listing rules via the User-Defined Instruments functionality. UDI functionality allows users to dynamically create options strikes that co-exist with exchange-listed strikes and supports the most efficient use of product resources.

      NYMEX Electricity Options on Futures Changes
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      PJM Western Hub Real-Time Peak Calendar-Month 5 MW Option JOA IZ
      PJM Western Hub Real-Time Peak Calendar-Month 50 MW Option PMA ET
      PJM Western Hub Real-Time Peak 5 MW Calendar Strip Option 6OA ET
      PJM Western Hub Real-Time Off-Peak Calendar-Month 50 MW Strip Option 6OO ET
      PJM Northern Illinois Hub Real-Time Peak Calendar-Month 5 MW Option OUA IZ
      ISO New England Day-Ahead Peak Calendar-Month 5 MW Option INE IZ
      ISO New England Mass Hub Peak LMP 5 MW Calendar Strip Option NEG IZ
      MISO Indiana Hub (formerly Cinergy Hub) Real-Time Peak Calendar-Month 5 MW Option OYA IZ

      These products are currently available for customer testing in New Release.

      Complete information on listing rule changes is now available in the Special Executive Report (SER).

      These contracts are listed with, and subject to, the rules and regulations of NYMEX.

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      NYMEX Crude Oil and Refined Options on Futures Changes

      Effective Sunday, December 4 (trade date Monday, December 5), pending all relevant CFTC regulatory review periods, the number of exchange-defined option instruments for the following NYMEX Crude Oil and Refined options will be reduced on CME Globex. Customers will continue to have the ability to create strikes as per the product Rulebook listing rules via the User-Defined Instruments functionality. UDI functionality allows users to dynamically create options strikes that co-exist with exchange-listed strikes and supports the most efficient use of product resources.

      NYMEX Crude Oil and Refined Options on Futures Changes
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Light Sweet Crude Oil Option LO LO
      WTI Calendar Spread Option WAY LO
      Crude Oil Financial Calendar Spread Option B7A LO
      WTI Average Price Options AAO LO
      Light Sweet Crude Oil European Financial Option LCE LO
      Brent Crude Oil Futures-Style Margin Option BZO PR
      Brent Crude Oil Option OSX OT
      Brent Crude Oil Average Price Option BA OT
      Brent Crude Oil European Financial Option BE OT
      Crude Oil Option on Semi-Annual Strip 6Y LO
      Brent Crude Oil Last Day Financial Calendar Spread Option 9C OT
      NY Harbor ULSD Option OH OH
      RBOB Gasoline Option OB OB
      Gasoline Euro-bob Oxy NWE Barges (Argus) Crack Spread Average Price Option GCE EP
      RBOB Gasoline Brent Crack Spread Average Price Option RBC EP
      NY HARBOR ULSD Crack Spread Option CHY XZ
      RBOB Gasoline Calendar Spread Option ZAY XZ

      These products will be available for customer testing in New Release on Monday, November 21.

      These contracts are listed with, and subject to, the rules and regulations of NYMEX.

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      New - Listing Cycle Expansion for Iron Ore 62% Fe, CFR China (TSI) Average Price Option

      Effective Sunday, December 4 (trade date Monday, December 5), the listing cycle for the following Iron Ore 62% Fe, CFR China (TSI) Average Price Option contract will be expanded on CME Globex.

      Listing Cycle Expansion for Iron Ore 62% Fe, CFR China (TSI) Average Price Option
      Product MDP 3.0 tag 6937 -
      Asset
      iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Current Listing Schedule New Listing Schedule
      Iron Ore 62% Fe, CFR China (TSI) Average Price Option ICT I1 The current year plus the next two calendar years The current year plus the next three calendar years

      This change will be available for customer testing in New Release on Monday, November 21.

      These contracts are listed with, and subject to, the rules and regulations of NYMEX.

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      New - Listing Cycle Expansion for S&P 500 Annual Dividend Futures

      Effective Sunday, December 18 (trade date Monday, December 19), the listing cycle for the S&P 500 Annual Dividend futures will be expanded on CME Globex to support 11 months of December. With this change, CME Globex will support a 2-byte year for maturities listed beyond the first six months of December maturities in the external instrument name, tag 55-Symbol in MDP 3.0. The 2-byte year will remain through the life cycle of the contract.

      S&P 500 Annual Dividend Futures
      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      Current Listing Schedule New Listing Schedule
      S&P 500 Annual Dividend Index Futures SDA SD 6 months of December maturities 11 months of December maturities

      These futures will be available for customer testing in New Release on Monday, November 21.

      These contracts are listed with, and subject to, the rules and regulations of CME.

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      Events and Announcements

      Update - CME Group Security Ecosystem

      Denotes update to the article

      CME Group is committed to our customers’ information security. To deliver the best security and customer experience, as announced in the recent CME Group Customer Forums, all certified customer-facing applications that support human-to-machine authentication to CME Group systems will be required to support strong passwords, encryption of confidential and sensitive data, and two-factor authentication by the end of 2016.These requirements apply to both customer-facing services connected to CME Group and to their services exposed to clients.

      For additional information, please review the Security Ecosystem Frequently Asked Questions.

      Please contact your Global Account Manager or third-party provider with any questions.

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      New - CME Group Login: Two-factor Authentication Registration Update

      Beginning Saturday, December 3, all new and existing CME Group Login users will be required to sign up for two-factor authentication (2FA) in the form of an SMS text message to a registered mobile phone, or a voice call to a primary registered phone.

      We encourage all existing CME Group Login users to enroll in SMS text 2FA before the Saturday, December 3, deadline to avoid subsequent delays in accessing CME Group applications.

      Enrollment options:

      • Enroll to receive an SMS text message when logging in from a new machine for the first time.
      • All existing users are required to enroll in 2FA before resetting an expired CME Group Login ID password, or when managing a user profile.
      • Login at login.cmegroup.com and from your profile drop-down, select My Profile.

      For additional information, refer to the CME Group Login WebHelp.

      Please contact the Enterprise Application & System Entitlements (EASE) team with any questions or concerns in the U.S. at +1 312 456 1560, in Europe at +011 44 203 379 3802, or in Asia at +011 65 6593 5536.

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