Welcome to the CME Globex Notices summary for the week of January 8, 2007.
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.
CME Globex Holiday Hours
The CME Globex holiday hours for Martin Luther King, Jr. Day are now available
online.
Market Data Alert
To better support customer trading, on
Sunday, January 21, CME will complete internal updates that will change some
existing ISIN codes. If your front-end system requires it, customers must purge their instrument
databases for both the CME certification and production environments and re-populate using new
Instrument Creation (MO (m-oh)) market data messages. Please contact your front-end system provider
for more information.
The new MO market data messages for the CME certification and production environments will be
published before the start of trading on Sunday, January 21, via the
CME Market Data
Platform.
If you have any questions or concerns, please contact the CME Globex Control Center (GCC) at
312.456.2391.
Reminder: NYMEX iPort 3-2-1 Plus Index on
CME Globex
Effective
Sunday, January 21, 2007 (for trade date Monday, January 22), the NYMEX iPort
TM
3-2-1 Plus futures, spreads and TAS contracts will launch on the CME Globex
electronic trading platform.
| |
| |
| NYMEX iPort 3-2-1 Products on CME Globex |
| Product |
Product Code |
Instrument
Group Code |
Spreads |
| NYMEX iPort 3-2-1 Plus |
WX |
WX |
Calendar |
| NYMEX iPort 3-2-1 Plus TAS |
WXT |
WT |
|
NYMEX iPort products are new index and portfolio instruments, designed to maximize potential
exposure and hedge sector risk in energy and metals markets. NYMEX iPort indexes are different
combinations of benchmark NYMEX contracts. The NYMEX 3-2-1 Plus Index equals the sum of the value
of the nearest NYMEX futures contracts divided by ten, as follows: three NYMEX Light Sweet Crude
Oil contracts, two NYMEX RBOB contracts, one NYMEX Heating Oil contract, and one NYMEX Natural Gas
contract.
These new NYMEX iPort products are now available for customer testing in the certification
environment.
CME Globex contract specifications for these products are available in the
NYMEX Snapshot.
More information on NYMEX and COMEX products on the CME Globex platform is available at
www.nymexoncmeglobex.com.
Reminder: CME Market Data Platform
Change
As previously announced, effective
Sunday, January 21, 2007, CME is removing all of the following market data
messages from the CME Market Data Platform administration channel (2) in the production
environment.
- Instrument Creation (MO) messages
- Trading Day Timetables (MH) messages
- Group State Change Marker (MJ) messages
- Start of CME Globex Platform (MK) messages
- Start of Instrument Referential Broadcasting (ML) messages
- End of Instrument Referential Broadcasting (MM) messages
As of Sunday, January 21, these messages will be disseminated only via their respective CME
Market Data Platform product data channels.
These same market data messages have been removed from the Administration channel (2) in the
certification environment, and in both the certification and production environment for CME Equity,
FX and Commodity options only.
There is no change to the Instrument Creation (MO) Messages - Replay Only and Instrument
Creation (MO) Messages - Replay Only (Excluding CME Eurodollar Options) channels (1 and 16).
CME strongly recommends customers use the Instrument Creation (MO) Messages - Replay Only and
Instrument Creation (MO) Messages - Replay Only (Excluding CME Eurodollar Options) channels (1 and
16) to download MO messages for the week, and use the product channels for mid-week instrument
adds.
More information on the CME Market Data Platform is available in the
CME Market Data Platform Developer's Guide
. Details on the CME market data messages can be found in the
CME Market Data Platform RLC Message Specifications
.
Reminder: ITC 2.1 Market Data
Change
Effective
Sunday, January 21, to improve market data bandwidth management, the ITC 2.1
market data messages for CME E-mini Russell 2000
® and CME E-mini S&P 500
® options will be moved from the CME Globex Options Top of Book channel (5) to the CME
Globex Spreads Top of Book channel (6).
Please note: this change only affects the
ITC 2.1 message channels. There is no change to the RLC channels.
More information on the CME Market Data Platform channels is available
online.
Reminder: Instrument Group Code
Changes
Effective
Sunday, January 28, 2007, the following Instrument Group Code changes will be
implemented in both the certification and production environments. With this change, all Instrument
Group Codes will conform to the standard two-character length.
CME Market Data Platform RLC Message Specifications
.
CME Euroyen TIBOR Futures and Options
Launch
Effective
Sunday, February 4, 2007 (for trade date Monday, February 5),
CME Euroyen
TIBOR futures and options will launch on the CME Globex platform. Electronically traded CME
Euroyen TIBOR futures and options are identical to and fully fungible with the currently available
floor contracts.
The Euroyen market has become more volatile in recent months and this is a particularly
auspicious time to offer hedgers and traders even wider access to CME Euroyen contracts via CME
Globex.
These new products will be available for customer testing in the certification environment
Monday, January 22.
CME FX Options Spreads Launch
Effective
Sunday, February 4, 2007 (for trade date Monday, February 5), Straddle, Strangle
and Vertical spreads for the following CME Foreign Exchange (FX) options will be launched on the
CME Globex platform.
- CME Euro FX options (product code 6E)
- CME Japanese Yen options (product code 6J)
- CME British Pound options (product code 6B)
- CME Swiss Franc options (product code 6S)
- CME Canadian Dollar options (product code 6C)
- CME Australian Dollar options (product code 6A)
- CME New Zealand Dollar options (product code 6N)
- CME Mexican Peso options (product code 6M)
- CME Russian Ruble options (product code 6R)
These new options spreads will be available for customer testing in the certification
environment
Monday, January 22.
Enhanced Execution Reports and UDS:
Combos
The Enhanced Execution Reports and User-Defined Spreads (UDS): Combos release, scheduled to
launch
March 25, 2007, introduces two sets of functional enhancements to the CME Globex
platform.
Enhanced Execution Reports
With this release, Fill and Trade Cancellation messages will be enhanced for
all products traded on the CME Globex platform. Customers will be able to use the
enhanced Fill and Trade Cancellation messages to:
- Differentiate messages for outrights, legs and spreads
- Correlate leg and spread messages
- Identify the number of legs associated with a spread
CME strongly recommends
all customers test the enhanced execution reports in the certification environment
effective
January 30, 2007.
UDS: Combos
With UDS: Combos functionality, customers will be able to define and trade unique options
instruments intra-day, composed of any or all of the following:
- Exchange-defined outright option(s)
- Exchange-defined option spread(s)
- Existing user-defined spreads
Front-end trading applications interested in UDS: Combos functionality are required to certify
via CME AutoCert+ effective
February 20, 2007. To access CME AutoCert+, please contact your
CME Globex Account Manager at 312.634.8700.
More information on this release is available in the
UDS: Combos and Enhanced Execution Reports Client Impact Assessment
.
Reminder: NYMEX Gulf Coast Products on CME
Globex
In preparation for a later launch, the following new NYMEX Gulf Coast futures, spreads and
TAS contracts are available for customer testing in the CME certification environment.
| New NYMEX Gulf Coast Products on CME Globex |
| Product |
Product Code |
Instrument
Group Code |
Spreads |
| Gulf Coast Gasoline |
LR |
CL |
Calendar |
| Gulf Coast Ultra Low Sulfur Diesel (ULSD) |
LU |
CL |
Calendar |
| New Intercommodity Spreads |
| Gulf Coast Gasoline vs. RBOB |
LR:RB |
CL |
|
| Gulf Coast Gasoline vs. Gulf Coast ULSD |
LR:LU |
CL |
|
| Gulf Coast ULSD vs. Heating Oil |
LU:HO |
CL |
|
| New TAS Instruments |
| Gulf Coast Gasoline TAS |
LRT |
CT |
|
| Gulf Coast Ultra Low Sulfur Diesel (ULSD) TAS |
LUT |
CT |
|
CME Globex contract specifications for these products are available in the
NYMEX Snapshot.
More information on NYMEX and COMEX products on the CME Globex platform is available at
www.nymexoncmeglobex.com.
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Chicago Mercantile Exchange Inc (CME). All rights reserved.
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