|Topics in this issue include:
|Critical System Updates|
The messaging and functionality impacts are documented online in the Client Impact Assessment.
CME Group recommends all system providers supporting CBOT and CME Interest Rate futures test these changes thoroughly in New Release.
MexDer Markets via CME Globex
MexDer market data via CME Globex will utilize a new FIX/FAST template. The new template is currently available in production.
Please note: CME Group recommends customer systems pull the templates from the CME Group ftp site every week, prior to Sunday startup.
MexDer markets will be available via CME Globex for iLink order routing in early Q3 2011. CME Group customers interested in accessing MexDer products via the CME Globex platform must develop and complete certification for new functionality and messaging specific to the MexDer market. The new template is currently available in New Release. A new mandatory certification suite is currently in AutoCert+ for customer systems planning to support MexDer via CME Globex.
MexDer markets via CME Globex are currently available New Release for customer testing.
The client impact assessment provides detailed functionality and messaging for customer systems interested in supporting MexDer products via CME Globex.
Please contact your Global Account Manager for further information.
TAM is similar to the existing Trading at Settlement (TAS) trading, where customers will be permitted to trade at a differential that represents a not-yet-known price. TAM trading will use a marker price, whereas TAS trading uses the Exchange-determined settlement price for the applicable contract month.
These contracts are listed with, and subject to, the rules and regulations of NYMEX. Additional information for Singapore TAM trading is available online.
For any given product, there may be more than one marker available to trade. This launch includes a 4:30 p.m. Singapore GMT time marker to correspond with the Singapore market close and allows market participants to trade relative to the Exchange calculated marker price.
In the same way TAS uses “0” to represent the unknown settlement price and trades ± 10 ticks, TAM uses “0” to represent the price at the time of the marker and trades at ± 10 ticks.
These products are currently available for customer testing in New Release.
The TAM marker prices will be disseminated via the Market Data Platform NYMEX ITC channel.
Short-term Crude Oil and Natural Gas options contracts will have daily expiration dates listed up to five days in advance. Short-term natural gas and crude oil options will run off standard strike prices and the standard front-month futures contract.
These contracts are listed with, and subject to, the rules and regulations of NYMEX.
These products will be available for customer testing in New Release Monday, July 11, 2011.
The Short-term Gold options represent a cost-effective means for professional investors to gain exposure to gold. These new short-term options contracts will have daily expiration dates listed up to five days in advance. Short-term gold options will run off the standard strike prices and the cycle month futures contract.
These contracts are listed with, and subject to, the rules and regulations of COMEX.
These options will be available for customer testing in New Release Monday, July 11, 2011.
Pine Prairie Energy Center Natural Gas Monthly Basis Future
This contact is listed with NYMEX and subject to the rules and regulations of NYMEX.
This will be available for customer testing in New Release on Monday, July 11, 2011.
Listing of Additional Contract Months in CERplusSM Futures and RGGI Futures and Options
These additional listings are currently available for customer testing in New Release.
Additional Bursa Malaysia Derivative Berhad Crude Palm Oil futures (FCPO) Calendar Spreads
The new calendar spreads are currently available for customer testing in New Release.
Settlement prices will be published for the new synthetic future to support customers’ options pricing model.
The options (tag 1151) will identify the underlying contract in tag 309-UnderlyingSecurityID of the Security Definition (tag 35-MsgType=d) FIX/FAST message.
The new synthetic futures will be available for customer testing in New Release July 11, 2011.
Temporary Removal of Eurodollar Calendar Spread Options from CME Globex
|Events & Announcements|
MexDer Product Education Session in Chicago