Clearing House Advisory Notices
To | Clearing Member Firms, Chief Financial Officers, Back Office Managers
From | Clearing House Department
Subject | Pit Trade Migration to FEC to be launched Friday, March 31, 2006
Notice Date | 2006-03-17
Notice Number | 06-61
Effective Date | 2006-03-17
On Friday, March 31, 2006, the Clearing House will start migrating its pit trade processing application from the 3270 mainframe-based Trade Entry System (TES) platform to the browser based Front-End Clearing (FEC) platform. This will affect all non-SLED pit trades for standard monthly futures and options for both CBOT and CME products. The 3270-based TES screens will gradually be retired after all products are migrated to FEC. For firm bookkeeping systems, migrating pit-trade processing from TES to FEC should be largely transparent. Firms will still be able to submit trades via TREX messages and receive TREX trade confirm messages exactly as they do today. Effective on Friday, March 31, 2006 firms will begin using the browser-based FEC user interface for all trade processing functions, including entry of packs and bundles, fungible transactions and We Show/They Show analysis. The below schedule shows on which dates the CME and CBOT Pit products will be migrated from TES to FEC. For the full text of this advisory. . .