|Topics in this issue include:
New Price Synchronization Functionality
This functionality is currently enabled for NYMEX, COMEX and DME futures.
Gulf Coast Sour Crude Oil Futures
Gulf Coast Sour Crude Oil futures will have tag 55-Symbol=CL and tag 1151-SecurityGroup=MB. Futures strips and calendars will also be listed for trading, as well as the Gulf Coast Sour Crude Oil vs Light Sweet Crude Oil WTI (MB-CL). Implied functionality will be supported for the first 12 months and the June vs. December spreads for the first two years.
This new physically delivered sour crude oil contract will provide a valuable hedging tool for managing the sweet-sour crude oil price risk, and it correlates closely with the sour crude oil grades in the U.S. Gulf Coast.
The Gulf Coast Sour Crude Oil futures and spreads are now available for customer testing in New Release.
Monthly and Seasonal Strip Snowfall Index Futures
Snowfall Index futures are geared to the amount of snowfall recorded in a given month in a designated location. They provide a way to
These instruments are currently available for customer testing in New Release.
Long-Term U.S. Treasury Bond Futures and Intercommodity Spreads
Recent fiscal policy has shifted toward increased issuance on the long end of the Treasury curve. In response to the demand from institutional investors with long duration needs, CME Group is launching these Long-Term U.S. Treasury Bond futures. Ultra T-Bond futures will be a natural complement to the U.S. Treasury futures complex, providing market participants with a more direct way to manage long-term risk and add duration to their portfolios.
These products will be available for customer testing in New Release Monday, December 21.
Effective Sunday, December 13, changes to tag 9787 values will be implemented for the following fractional price products. As a reminder, CME Group does not recommend using the DisplayFactor information for any products with fractional prices. Instruments with fractional prices are identified in the Security Definition (tag 35-MsgType=d) message in the repeating group tag 871-InstAttribType=24, tag 872-InstAttribValue=12.
These changes are currently available for customer testing in New Release.
More information on tag 9787-DisplayFactor is available in the FIX/FAST Message Specifications module of the FIX/FAST SDK.
DJIA ($10) Options Display Factor Change
These changes will be available for customer testing in New Release Monday, December 7.
|Events & Announcements|
Product Information XML File Update
These files provide easy access to general product information for futures and options products in the production and New Release environments. These files contain data only for instruments cleared by CME Clearing.
The New Release files will be updated for customer testing for Monday, December 7.