| This notice details issues relating to trading the new NYMEX e-miNY products on GLOBEX and the impact to back office processing. Getting Ready � New Paperwork Required You should have already received a packet from CME�s Technology Marketing Department that includes the new forms that must be completed for trading the e-miNY products on GLOBEX. (Please click on attached link http://www.cme.com/clr/advntc/clien_CM_0238.html, if you have not yet received this important packet of information.) This paperwork must be completed and returned to Lilly Riley in CME�s Technology Marketing Department, as soon as possible. NOTE: Your clerks and traders will not be permissioned to trade the NYMEX e-miNY products if you have not completed the new forms.
Clearing Arrangements NYMEX will clear all NYMEX e-miNY trades. You will not receive any TREX messages, Clearing reports or data files from CME. If your firm is not currently a NYMEX clearing member, you must either become a clearing member or establish a clearing relationship with a firm that is a NYMEX clearing member. Trade Submission and Clearing Process Trades that result from NYMEX e-miNY orders entered by existing CME GLOBEX users, will be sent to NYMEX via M1 (Matched Trade) records that are generated by the GLOBEX Match Engine. These records will contain an Exchange Code of "07." NYMEX will process these transactions through their TMS, C-21 Clearing and Billing Systems. These transactions will be sent to NYMEX clearing firms via the following NYMEX trade transmissions: - Afternoon Trade File �
Created daily from TMS between 5:00 p.m. and 5:30 p.m. (EST)
Final Member Trade File � Created daily from C21 at the end of the Clearing process, normally between 8:30 p.m. and 9:00 p.m. (EST)- TMS "Member Trade Download" �
On-line function from which clearing members can extract trades for a particular venue (or all) at any time.
There won�t be any changes to the file formats for the two files listed above. However, GLOBEX trades will be identified with "GLBX" in the trade venue attribute. In addition, at present, NYMEX does not offer "real time" trade/transaction messaging of GLOBEX trades. Contacts Please contact one of the following: NYMEX Clearing Questions: NYMEX Clearing Department at 212.299.2120 New Paperwork Requirements: NYMEX Marketing: Don Forbes 212.299.2340 or Jim Quinn 212.299.2352 CME Technology Marketing: Lilly Riley 312.634.1568 Contract Specifications: Bob Levin, NYMEX 212.299.2390 General Information: Michele Ivanski, CME Client Management 312.930.4523 Suzy Lee-Kauer, NYMEX 219.299.2625 | 