Welcome to the CME Globex Notices for the week of February 5, 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.
Reminder: Extended Listings for RBOB
Gasoline Futures and Spreads
Effective
this Sunday, February 11 (for trade date Monday, February 12), in both the CME
certification and production environments, NYMEX is extending the contract listings for the
following physically settled RBOB Gasoline futures and spreads. Implied functionality will be
extended out to the first 24 months, from the current 12 months.
| NYMEX
RBOB Gasoline Extended Contract Listings |
| Product |
Product
Code |
Spread
Type |
Current
Listings |
New
Listings |
| RBOB
Gasoline Futures |
RB |
|
12 |
36 |
| RBOB
Gasoline Calendar Spreads |
RB:RB |
SP |
66 |
630 |
| RBOB
Gasoline Strips |
RB-RB |
FS |
3 |
5† |
| RBOB
vs. Crude 1:1 Crack Spreads |
RB:CL |
C1 |
12 |
36 |
| RBOB
vs. Heating Oil Spreads |
RB:HO |
IS |
12 |
18 |
†
Adding one quarterly and one annual Strip.
NYMEX Intercommodity Spreads
Delisting
Effective
this Sunday, February 11 (for trade date Monday, February 12), the following
cash/physically settled NYMEX intercommodity spreads will be delisted from the CME Globex
Platform.
| NYMEX
Cash/Physically Settled Intercommodity Spreads Delisting |
| Product |
Product
Code |
| WTI
Crude Oil Penultimate financial vs. WTI Crude Oil physical |
WS:CL |
| RBOB
Gasoline Penultimate financial vs. RBOB Gasoline physical |
RT:RB |
| Heating
Oil Penultimate financial vs. Heating Oil physical |
BH:HO |
| Natural
Gas Penultimate financial vs. Natural Gas physical |
HH:NG |
| Natural
Gas financial vs. Natural Gas physical |
HP:NG |
Reminder: NYMEX Products on the CME Market
Data Platform
Since the introduction of NYMEX futures and spreads on the CME Globex platform, market data
messaging rates on the CME Market Data Platform NYMEX channel (20) have steadily increased,
recently reaching peaks greater than
3 mbps. To better manage bandwidth utilization, CME is leveraging the scalability
of the CME Market Data Platform and introducing
three new channels for NYMEX and COMEX
® products. There is no change to the current NYMEX channel (20) at this time; however,
it will eventually be eliminated.
Complete information on the three new NYMEX and COMEX channels on the CME Market Data Platform,
including the products assigned to each channel, is available
online.
The new CME Market Data Platform channels are currently available in the certification
environment, and will launch in the production environment
Sunday, February 25.
More information on NYMEX and COMEX products on the CME Globex platform is available at
www.nymexoncmeglobex.com.
Reminder: Daylight Savings Time
Effective this year, the schedule for Daylight Savings Time has been extended by the Energy
Policy Act of 2005. Daylight Savings Time will now be in effect from Sunday, March 11, 2007,
through November 4, 2007. Previously, Daylight Savings Time ran from the first Sunday in April
through the last Sunday in October.
CME Globex will continue to observe Daylight Savings Time and the new schedule.
Time-dependent front-end trading applications may be affected by this change. Please contact
your front-end system provider for more information before March 11, 2007.
Reminder: Enhanced Execution Reports and
UDS: Combos
The Enhanced Execution Reports and User-Defined Spreads (UDS): Combos release, scheduled to
launch
Sunday, 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 with new FIX tags
442-MultiLegReportingType, 393-TotalNumSecurities and 527-SecondaryExecID. 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 prior to the production launch.
Enhanced execution reports are currently available in the certification environment.
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+. This functionality will be available for testing and certification 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
.
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Chicago Mercantile Exchange Inc (CME). All rights reserved.
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