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March 30, 2006
Welcome to the CME Globex Notices summary for the week of March 30, 2006.
Changes This Week
Upcoming Changes
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.
Q2 2006 CME Messaging Policy Benchmarks
The Q2 2006 CME Messaging Policy benchmarks are now available.
The benchmarks are published quarterly and are based on the per-product Volume Ratios, including the prior quarter's roll trading.
Reminder: CME Feeder Cattle March 2007 Contract Delayed
To increase the headcount and create a more robust sample, CME is adding calves to the CME Feeder Cattle Index effective with
the March 2007 contract. To support this index change, the CME Feeder Cattle March 2007 futures and options contracts listing will be delayed from this Friday, March 31, until Friday, April 28, 2006.
More information on this CME Feeder Cattle Index change is available online.
Reminder: CME Globex Variable Tick Table Changes
Effective this Sunday, April 2, 2006 (trade date April 3), to support the tick changes for the CME Equity options, CME is making the following changes to the variable tick table (VTT) index codes 01 and 04:
| F4 |
Price (P) |
Tick Size |
| 01 |
P < -500 |
10 |
| 01 |
-500 > P < 500 |
5 |
| 01 |
P > 500 |
10 |
| 04 |
P < -500 |
25 |
| 04 |
-500 > P < 500 |
5 |
| 04 |
P > 500 |
25 |
More information on these Variable Tick Table changes is available online.
Reminder: Variable Tick Threshold Change for CME Equity Options
Effective this Sunday, April 2, 2006 (trade date April 3), to better support spread trading, CME is increasing the variable tick threshold from 3.00 to 5.00 index
points for the following options on futures and option spreads:
This change is currently available for testing in the CME certification environment, via the 8A (equivalent to the CME E-mini S&P 500 options) and 8B (equivalent to the CME S&P 500, CME S&P 500/Citigroup Growth and CME S&P 500/Citigroup Value options).
More information on this CME Equity variable tick threshold change is available online.
Reminder: CME Equity Tick Size Changes
Effective this Sunday, April 2, 2006 (trade date April 3), in response to customer requests, CME is reducing the minimum tick size from 0.50 to 0.25 index points
for the CME NASDAQ-100® and CME E-mini NASDAQ-100 futures.
More information on this change is available online.
Reminder: CME Market Data API Elimination
As previously announced, CME is eliminating CME Market Data API (MD API), the legacy market data vehicle, on July 1, 2006. All CME MD API customers must complete the migration to the CME Market Data Platform before July 1.
More information on the CME MD API cut-off and the CME Market Data Platform is available online.
CME FirmSoft Administration Interface
To provide greater control and flexibility over CME FirmSoft access rights to CME Clearing Firms, CME is introducing the CME FirmSoft Administration interface. Through this browser-based
interface on the secure CME portal site, authorized CME Clearing Firm administrators will have the ability to directly add,
modify and delete CME FirmSoft access rights for their employees and customers.
More information on the CME FirmSoft Administration Interface is available online.
©2006 Chicago Mercantile Exchange Inc (CME). All rights reserved.
The Globe Logo, Globex®, E-mini® and CME® are trademarks of CME
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