GLOBEX Advisory Notices
To | CME Globex Customers
From | CME Globex Account Management
Subject | CME Globex Notices: August 14, 2006
Notice Date | 2006-08-17
Notice Number | 081706
Effective Date |
Welcome to the CME Globex Notices summary for the week of August 14, 2006. Reminder: CME MD API Elimination and Market Data Platform Testing Windows August Instrument Creation (MO) Market Data Message Schedule Change Reminder: CME Eurozone HICP Spread Type Change Reminder: CME Chinese Renminbi Launch September Additional CME Live Cattle Futures Listing Reminder: NYMEX Physically Settled Products Launch on CME Globex for Side-by-Side Trading Reminder: Implied Functionality for CME Eurozone HICP And CME Housing Futures Reminder: CME Korean Won Launch If you have any questions or concerns, please contact your CME Globex Account Manager at 312.634.8700; or at +44.207.623.2550 in Europe. Reminder: CME MD API Elimination and Market Data Platform Testing Windows As announced in Q4 2005, the legacy CME Market Data API (MD API) will be decommissioned on Friday, September 8, in favor of the CME Market Data Platform, the more efficient and scalable market data dissemination system introduced in July 2005. CME MD API can no longer be supported due to the growth in market data and the resulting need to reduce both bandwidth consumption and message delivery latencies. We encourage you to ensure that all proprietary and third-party vendor trading applications are upgraded to utilize the new CME Market Data Platform system by September 8. Support Surcharges Customers who have not migrated all applications to the CME Market Data Platform as of September 10 will be charged $1000.00 per week, per CME MD API neighbor (individual technical connection). This support fee is required to offset maintenance costs incurred by CME to sustain the legacy interface infrastructure. CME reserves the right to escalate charges if necessary. Weekend Testing To support customer migration efforts, CME will host CME Market Data Platform testing sessions in the CME production environment on Saturday, August 19 and Saturday, August 26, 9:00 - 10:30 a.m. Central time (CT). During the testing sessions, CME will replay production CME Market Data Platform messaging for customer testing. For more information, or to register for one of the testing sessions, please contact your CME Globex Account Manager at 312.634.8700; or at +44.207.623.2550 in Europe. Instrument Creation (MO) Market Data Message Schedule Change Effective this Sunday, August 20, in the CME certification environment, CME is changing the schedule for the Sunday referential broadcast of the Instrument Creation (MO) market data messages. MO messages will be disseminated around 12:00 p.m. Central time (CT), about two hours earlier than the present schedule. The referential broadcast schedule for the CME production environment will change to 12:00 p.m. CT effective Sunday, October 15. Reminder: CME Eurozone HICP Spread Type Change On Sunday, August 27, 2006 (for trade date Monday, August 28) in both the CME certification and production environments, to support the upcoming implied functionality launch the Spread Type value for CME Eurozone HICP futures spreads will change to "SP". Currently, the Spread Type value for CME Eurozone HICP spreads is "EC". The Spread Type field, found in the Instrument Creation (MO (m-oh)) messages position 727-728, is designed to easily determine the spread type and associated listing conventions for CME-listed futures and options spreads. More information on MO messages and Spread Type values is available in the CME Market Data Platform RLC Message Specifications. Reminder: CME Chinese Renminbi Launch Effective Sunday, August 27, 2006 (for trade date Monday, August 28), the CME Chinese Renminbi futures and options on futures are scheduled to launch on the CME Globex electronic trading platform. In recognition of the growing importance of China as a world financial center, and to expand the opportunities available in the CME FX marketplace, CME has developed three Chinese renminbi-based contracts: renminbi/U.S. dollar, renminbi/euro, and renminbi/Japanese yen futures and options. The CME Chinese Renminbi futures and options are currently available for customer testing in the CME certification environment . Additional CME Live Cattle Futures Listing Effective Friday, September 1, 2006, the listed CME Live Cattle futures will be extended out two additional months on both the trading floor (product code "LC") and the CME Globex platform (product code "LE"). The number of listed contracts will be extended to nine "even" months (February, April, June, August, October and December) from the currently available seven. With this launch, when the August 2006 contract expires on August 31, CME will list the December 2007 and February 2008 contracts in addition to the October 2007. Reminder: NYMEX Physically Settled Products Launch on CME Globex for Side-by-Side Trading Effective Monday, September 4 (for trade date Tuesday, September 5), the following NYMEX Energy physically setted products will be available on the CME Globex platform for side-by-side trading during regular open outcry trading hours. The electronically traded NYMEX Energy contracts will be fully fungible with the floor-traded contracts. Crude Oil futures Heating Oil futures RBOB Gasoline futures Gasoline futures Natural Gas futures Reminder: Implied Functionality for CME Eurozone HICP And CME Housing Futures Effective Sunday, September 10 (for trade date Monday, September 11), CME is launching implied spread functionality for all CME Eurozone HICP and CME Housing futures and futures spreads. As a reminder, position 777 of the Instrument Creation (MO (m-oh)) message indicates whether a product will return legs and create implied orders. For more information, please see the CME Market Data Platform Message Specifications. The implied spread functionality will be available for customer testing in the CME certification environment for both the CME Eurozone HICP and CME Housing futures and futures spreads Sunday, August 27, 2006. Reminder: CME Korean Won Launch Effective Sunday, September 17, 2006 (for trade date Monday, September 18), the CME Korean Won futures and options on futures are scheduled to launch on the CME Globex electronic trading platform. The CME Korean Won futures and options are designed to provide risk management tools for the U.S. dollar/Korean won currency pair. The CME Korean Won futures and options will be available for customer testing in the CME certification environment Monday, August 28. ©2006 Chicago Mercantile Exchange Inc (CME). All rights reserved. The Globe Logo, Globex®, E-mini®, iLink® and CME® are trademarks of CME