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As previously announced on August 12th, CBOT will launch "Project Denali" on October 25, 2004. This project will use electronic
devices – for Order-Routing (OR) and Hand-Held-Terminals (HHT's) both to capture and then, if possible, to match trades executed
via open outcry, and will apply both to SLEDS and outrights.
Sample TREX messages for Project Denali trades are now available to firms at ftp.cme.com/pub/span/data/cme/test. There are four files: order-routing SLEDS, order-routing outrights, hand-held terminal SLEDS, hand-held-terminal outrights.
For more information about Project Denali, please see Clearing Advisory #04-143, Click here.
Detailed scripts and schedules for firm testing will be published shortly.
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