CME Globex Performance Release
CME Group is implementing iLink and FIX/FAST infrastructure upgrades to the CME Globex electronic trading platform that will result in reduced message response times and faster market data messaging. This release is expected to significantly reduce iLink round trip times and improve FIX/FAST performance. As a result, bandwidth utilization is expected to increase by 10-20%.
New information is now available in the Client Impact Assessment on the move to single IP for iLink sessions in the production and disaster recovery environments. Information on the iLink launch date for the Disaster Recovery environment on November 4, 2012, is also available.
This release also features iLink messaging changes. Detailed information on this launch, including impacts, launch schedules and fallback procedure, is available in the Client Impact Assessment. An overview of the mock trading sessions is now available. Customers must register online to participate.
The FIX/FAST launch will be phased in over 5 weekends, August 26 through October 7, during which the source IPs for each channel will change. The iLink launch will feature an Early Adopter period, October 7 through October 12, and a production launch Sunday, October 14. All iLink sessions must migrate to new IPs and ports in order to access the new high performance production environment.
Customers who wish to participate during the Early Adopter phase must select the sessions that will be migrated and inform their Global Account Manager no later than Thursday, October 4. Mass Quote sessions that wish to participate in the Early Adopter phase must be designated no later than Wednesday, September 19. Please note: To minimize the risk of business interruptions, CME Group strongly recommends that customers participating during the early adopter phase direct no more than 20% of their sessions to the new IPs and ports.
Customer certification is not required, but CME Group strongly recommends all system providers test these changes thoroughly in New Release. Good 'Till Cancelled and Good 'Till Date (GTC/GTD) orders will not be impacted.
For an overview of the Globex Performance Release, please see the CME Globex Technology Update 2012 webinar or the presentation is also available.
Please contact your Global Account Manager with any questions or concerns in the U.S. at 312 634 8700, in Europe at 44 203 379 3754, or in Asia at 65 6593 5574 for additional information.
S&P Case-Shiller Indices Migration to S&P Streamlined FIX/FAST
Effective Tuesday, September 25, the following S&P Case-Shiller indices will be migrated to the S&P streamlined FIX/FAST Market Data Platform (MDP) channel 150 from ITC MDP channel 3. Currently, the S&P Case Shiller indices are disseminated on the last Tuesday of the month at approximately 8:00 a.m. Central Time (CT).
To ensure customer readiness, these indices will continue to be disseminated in ITC 2.1 market data format in parallel with the streamlined FIX/FAST market data on the last Tuesday of the month through Tuesday, October 30. Starting on Tuesday, November 27, the S&P Case-Shiller indices will be disseminated solely in streamlined FIX/FAST.
Here is a list of the Case Shiller indices with their new streamlined FIX/FAST symbol and the current ITC symbol:
Case Shiller Indices
||New tag 55-Symbol
|S&P Case-Shiller 10-City Composite Home Price Index
|S&P Case-Shiller MA-Boston Home Price Index
|S&P Case-Shiller IL-Chicago Home Price Index
|S&P Case-Shiller CO-Denver Home Price Index
|S&P Case-Shiller NV-Las Vegas Home Price Index
|S&P Case-Shiller CA-Los Angeles Home Price Index
|S&P Case-Shiller FL-Miami Home Price Index
|S&P Case-Shiller NY-New York Home Price Index
|S&P Case-Shiller CA-San Diego Home Price Index
|S&P Case-Shiller CA-San Francisco Home Price Index
|S&P Case-Shiller DC-Washington Home Price Index
|S&P Case-Shiller GA-Atlanta Home Price Index
|S&P Case-Shiller NC-Charlotte Home Price Index
|S&P Case-Shiller OH-Cleveland Home Price Index
|S&P Case-Shiller TX-Dallas Home Price Index
|S&P Case-Shiller MI-Detroit Home Price Index
|S&P Case-Shiller MN-Minneapolis Home Price Index
|S&P Case-Shiller AZ-Phoenix Home Price Index
|S&P Case-Shiller OR-Portland Home Price Index
|S&P Case-Shiller WA-Seattle Home Price Index
|S&P Case-Shiller FL-Tampa Home Price Index
|S&P Case-Shiller 20-City Composite Home Price Index
New S&P Market Data Template
Due to CME Group maintenance, effective Sunday, October 21, S&P market data via streamlined FIX/FAST will utilize a new FIX/FAST template. The new template is currently available in New Release for customer testing.
Please note: CME Group recommends customer systems pull the templates from the CME Group ftp site every week, prior to Sunday startup.
FIX/FAST Operators Release
The life cycle of the FIX/FAST protocol, including streamlined FIX/FAST, is rapidly approaching its end as an industry standard in the United States. †The OPRA connected exchanges are eliminating FIX/FAST entirely by the end of this year. Given the increased availability of bandwidth as well as high speed connections such as co-location, compression has become less critical. In the short term, we are removing certain field operators (copy, default, delta and increment) from our data feed. In the longer term, CME Group continues to evaluate a next generation market data protocol.
These operators will be removed from all production FIX/FAST and streamlined FIX/FAST channels on the Market Data Platform by Sunday, November 4, 2012. A detailed schedule of the remaining channels is now available online.
New templates will be required for the impacted channels. Per the normal process, the new templates are currently available on the CME Group ftp site for New Release and Production, along with the current and last generation templates. More information on template management is available in the Client Systems Wiki.
Starting on Sunday, August 12, 2012, the current Production channels without operators will also be available in the Certification environment.
Please Note: CME Group recommends customer systems pull the templates from the CME Group ftp site every week, prior to Sunday startup.
These changes are currently available on all FIX/FAST channels in the New Release environment.
As a result of this launch, bandwidth utilization over the Market Data Platform will ultimately increase. CME Group is contacting customers who may have over-subscription risk.
†Please note: CME Group is not a member of the Options Pricing Reporting Authority (OPRA).