GLOBEX Advisory Notices
To CME Globex Customers
From CME Globex Account Management
Subject CME Globex Notices: July 10, 2006
Notice Date 2006-07-13
Notice Number 071306
Effective Date  

Welcome to the CME Globex Notices summary for the week of July 10, 2006.

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: Implied Functionality for NYMEX Energy Spreads on the CME Globex Platform 
Effective this Sunday, July 16, 2006 (for trade date Monday, July 17), CME is launching implied functionality for NYMEX Energy futures spreads listed on the CME Globex electronic trading platform. With this launch, the CME Globex platform will support implied functionality on the first 24 months of all available NYMEX Energy futures.

To better support the new implied functionality, CME is also launching mid-session expiration and market data price rounding for 1:1 Crack spreads.

The implied functionality is currently available for testing in the CME certification environment.

More information on this launch, and a complete list of available NYMEX products, is available in the NYMEX Energy Futures on the CME Globex Platform Client Impact Assesment.


New NYMEX Energy Product: Brent Financial Futures and Spreads 
Effective Sunday, July 23, 2006 (for trade date Monday, July 24), NYMEX Brent Financial futures will be available for trading on the CME Globex platform. The Crude Oil-Brent Financial, a new intercommodity spread, will also be available.

Brent Financial futures and spreads will launch with implied functionality.

As a reminder, position 777 of the MO (m-oh) market data message indicates whether a product will return legs and create implied orders. For more information, please see the CME Market Data Platform Message Specifications.

More information on this NYMEX product launch is available in the NYMEX Energy Futures on the CME Globex Platform Client Impact Assesment.


Reminder: CME Economic Derivatives: Core CPI Launch 
Effective Tuesday, July 18, 2006, Core Consumer Price Index (CPI), the new CME Economic Derivatives product, will be directly available to CME Globex users via CME iLink for the Wednesday, July 19 auction. With this launch, CME Globex customers will be able to trade this new CME Economic Derivatives product on the CME Globex platform via the CME iLink interface in addition to the Web interfaces.

More information on this product launch is available online.


Reminder: European-Style CME FX Options 
Effective Sunday, July 30, 2006 (for trade date Monday, July 31), European-style options on the CME British Pound, CME Canadian Dollar and CME Swiss Franc futures will launch on the CME Globex platform. The European-style CME FX options will trade side-by-side on the trading floor and the CME Globex electronic trading platform. The listings and the trading of American-style CME FX options are unchanged.

These European-style CME FX options are currently available for customer testing in the CME certification environment.

More information on this product launch is available online.


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