|Topics in this issue include:
|Critical System Updates|
FIX/FAST 2.0 Launch
The FIX/FAST 2.0 format is not backward-compatible to the current FIX/FAST format. Even if a customer does not want to take advantage of these enhancements, to ensure uninterrupted access to CME Globex market data, all current customer systems are required to develop to FIX/FAST 2.0 and complete mandatory certification via AutoCert+.
The new FIX/FAST 2.0 AutoCert+ test suite will be available this Monday, February 22, and contains four tests focused on:
CME Group strongly recommends all systems test thoroughly in New Release prior to attempting AutoCert+ certification.
FIX/FAST 2.0 is currently available for customer testing in the New Release environment.
Information on this release, including launch and mock trading dates, can be found online in the FIX/FAST 2.0 Client Impact Assessment.
Detailed information on these enhancements is available in the Enhanced Mass Quote Governor Overview.
Please contact your Global Account Manager at 312.634.8700 with any questions or concerns.
Effective first quarter 2010, a number of enhancements will be introduced for CME and CBOT Commodity and Weather, Kansas City Board of Trade (KCBT) and Minneapolis Grain Exchange (MGEX) futures and future spreads on CME Globex.
The messaging and functionality impacts are documented online in the Client Impact Assessment.
In addition to the messaging and functionality changes, these enhancements will also result in significantly reduced message response times. Already among the fastest in the industry, this upgrade is expected to reduce iLink and FIX/FAST response times by an average of 20%.
CME Group recommends all system providers supporting Commodity futures test these changes thoroughly in New Release.
CME Globex Performance Enhancements for Interest Rate, NYMEX Energy and NYMEX and COMEX Metal Futures
Please note: as a result of the reduced message response times, bandwidth utilization in these futures markets is expected to ultimately increase by as much as 20%.
There will be no changes to functionality or messaging format with these performance improvements. Good 'Till Cancelled and Good 'Till Date (GTC/GTD) orders will not be impacted.
This upgrade is designed to enhance our liquid, efficient and competitive marketplace for participants worldwide. It is scheduled for a phased launch as follows:
Scheduled for Sunday, May 2
Scheduled for Sunday, May 9
Regional Greenhouse Gas Initiative (RGGI) Allowance Futures
These futures will be available for testing in New Release and Certification Monday, March 8.
DJIA and E-mini Dow Options Strike Changes
With this change, all maturities of the DJIA options will list at the money (ATM) ± 50% of DJIA at 500-point intervals; 20% at 100-point intervals; and, for the nearest expiring option in the quarterly cycle, 10% at 50-point intervals. All maturities of the E-mini Dow options will list ATM ± 50% at 500-point intervals; 20% at 100-point intervals; and, for the nearest expiring option in the quarterly cycle, 10% at 50-point intervals.
These changes in options listings are currently available for customer testing in New Release.
The following contract months will be added for the miNY Silver futures: