|Topics in this issue include:
|Critical System Updates|
CME Globex Network Migration to New Data Center
A client impact overview is also available.
If you have any questions regarding this migration, please contact your Global Account Manager at 312.634.8700 in the U.S.; +44 (0) 20 7796 7100 in Europe; or +852.3101.7696 in Asia.
Volume Controls for iLink Administrative Messaging
Normally, administrative messaging from customers does not approach the 100 MPS threshold.
Implementing this volume control for administrative messaging at 100 MPS is designed to:
This launch will have no impact on application messages. Order routing messages will not be counted towards the messaging threshold or be subject to rejection.
iLink administrative messages are:
The volume controls for administrative messaging will be available for customer testing in New Release this Monday, August 30.
For more information, please contact the CME Globex Control Center at 312.456.2391.
Bursa Malaysia Derivatives Products on CME Globex
New and existing CME Group customers who would like to trade BMD products must establish all appropriate agreements and accounts with a Bursa Malaysia Clearing Firm to be authorized to trade BMD products. Contact your Global Account Manager at CME Group for more information.
FIX/FAST-format market data will be enhanced to support BMD products on CME Globex as outlined in the Bursa Malaysia Derivatives Client Impact Assessment. There are no impacts to iLink order routing for this launch.
BMD products are currently available in New Release for customer testing.
Second Mock Trading Session
Henry Hub Natural Gas Look-Alike Last Day Financial Futures (HH)
The Henry Hub Natural Gas Look-Alike Last Day Financial Futures contract is currently available in New Release for customer testing.
Redefined Futures Calendar Spread Listing Rules
All calendar spreads with legs beyond the first 24 months will be removed from the CME Globex Platform.
Implied Functionality for CBOT Corn Futures and Mini-Sized Corn Futures
Implied functionality is being disabled in the CBOT Corn and mini-sized corn futures from August 29, 2010, through December 31, 2010, to determine if more robust markets in highly liquid contracts can be improved without the implied spreads. We will monitor the market during this period for signs of market quality degradation and, if observed, we will reinstate the implied functionality. Based on the assessment over this period, a decision on the use of the implied spreading functionality for corn futures going forward will be made. More information on this change is available online.
Implied functionality is indicated for every instrument on CME Globex in the FIX/FAST Security Definition message (tag 35-MsgType=d), in tag 1144-ImpliedMarketIndicator.
Implied functionality has been disabled for the CBOT Corn and mini-sized corn futures in New Release for customer testing.
Expansion of Listings for miNY Silver Futures
The additional contract months for COMEX miNY Silver futures will be available in New Release for customer testing this Monday, August 23.
Expansion of Listings for miNY Gold Futures
The additional contract months for COMEX miNY Gold futures are currently available in New Release for customer testing.
Minimum Tick Change for Hot Rolled Steel Index Futures
The minimum trading tick change for Hot Rolled Steel Index Futures is currently available in New Release for customer testing.
Expanded Trading Hours for Nikkei 225 Yen-denominated Futures
With this expansion, market participants will be able to trade the futures contracts while the Japanese equity market is open. Previously, the futures contracts traded at CME Group were available only while the Japanese equity market was closed.
Under the expanded hours, trading on CME Globex will begin Sundays at 17:00 through 15:15 CT the following day, with trading Monday–Friday from 15:30 through 15:15 the next day (closing at 15:15 Friday, with a daily maintenance shutdown between 16:30-17:00).
The expanded trading hours were added as part of the licensing agreement extension between CME and Nikkei Inc.
Expansion of Listings for COMEX Copper Futures and Gold Futures and Options
|Events & Announcements|
OneChicago Single Stock Futures via CME Globex
In addition, the Options Clearing Corporation will become the sole clearing counterparty for all trades effected on or through OneChicago.
Please contact OneChicago directly for further information.
CME Globex Disaster Recovery
Twice a year CME Group offers Simulated CME Globex DR testing and the next such test is scheduled for Saturday, September 25.
The Simulated CME Globex DR testing is designed to ensure that customers can successfully failover to the DR environment, send orders and fallback to the production environment in case of an emergency. Customers are required to register online and in advance to participate. Disaster Recovery IPs and ports have been distributed by your CME Global Account Manager.
Complete information on the CME Group business continuity program, including upcoming test dates and the DR Client Impact Assessment, is available online.
For more detailed information on the Simulated CME Globex DR testing, please contact your Global Account Manager.