|Topics in this issue include:
|Critical System Updates|
FIX/FAST Settlement Enhancements
This launch will impact the settlement data blocks on Market Data Incremental Refresh (tag 35-MsgType=X) and Security Definition (tag 35-MsgType=d) messages. Details on the enhancements are available in the Client Impact Assessment.
In addition, the following tag values will no longer be sent in the Market Data Incremental Refresh (tag 35-MsgType=X). As of this release, customer system must not rely on these values:
Certification is not required and there are no new templates. Customers and system providers are encouraged to test the enhancements thoroughly in New Release starting Monday, February 21.
New Mandatory iLink Tags
To ensure customer readiness CME Group recommends the following action items must be completed prior to the June 5, deadline:
These tags are available in New Release for customer testing. There are no impacts to FIX/FAST market data with this launch. Please contact your Global Account Manager with any questions.
Please see the updated Client Impact Document for a more detailed description of technical and data requirements.
Green Exchange CERplus Futures and Intercommodity Spreads
The CERplusSM products are defined as follows:
The CERplusSM Futures contract will be an additional contract offering to the existing Green Exchange IDM CER Futures contracts. Existing IDM CER contracts with Open Interest for 2011 and 2012 maturities will not be affected by the introduction of the CERplusSM. The CERplusSM Futures contract will initially be listed for delivery in December 2013 maturity.
The intercommodity spreads will use the value IS in tag 762-SecuritySubType.
These products will be available for customer testing in New Release Monday, February 14.
CERplus is a trademark of Green Exchange LLC, used under license.
Butterfly Spreads on Crude Oil Futures
Twelve one-month and two six-month butterfly spreads will be available upon launch.
Butterfly spreads consists of three instruments within the same product and with equally distributed maturity months (e.g., M2-U2-Z2). Further details are available in the Electronic Trading Concepts. Butterfly spreads are identified with BF in tag 762-SecuritySubType in the Security Definition (tag 35-MsgType=d) message. Crude Oil butterfly spreads will not support implied functionality.
Crude Oil butterfly spreads is currently available for customer testing in New Release.
New Serial Maturities for RUB/USD Futures and Options
Fed Funds Futures Listing Extension
9 Month Eurodollar Double Butterfly Listing
Double Butterfly consists of 4 instruments within the same product group and equally distributed maturity months (e.g., Z7-H8-M8-U8). Further details are available in the Electronic Trading Concepts. Double Butterfly spreads are identified with DF in tag 762-SecuritySubType in the Security Definition (tag 35-MsgType=d) message.
|Events & Announcements|
FIX/FAST Preliminary Settlement Prices in New Release
If you have any questions or concerns, please contact Certification Support for Electronic Trading (CSET) at 312.930.2322.
Details on the process are available online. An e-mail notification will be distributed to Class A clearing firms on Monday, January 31. Class A clearing firms will have 30 days to review their idle session IDs. All idle session IDs will be deleted at end of day March 4.