GLOBEX Advisory Notices
To CME Globex Customers
From CME Globex Account Management
Subject CME Globex Notices: August 7, 2006
Notice Date 2006-08-07
Notice Number 080906
Effective Date  
CME(R) Globex(R) Notices

Welcome to the CME Globex Notices summary for the week of August 7, 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.


CME Market Data Platform Testing Windows 
On Saturday, August 19 and Saturday, August 26 mornings, to assist customer migration efforts, CME will host CME Market Data Platform testing windows in the CME production environment. During the testing windows, CME will replay production CME Market Data Platform messaging for customer testing.

For more information, or to register for one of the testing windows, please contact your CME Globex Account Manager at 312.634.8700; or at +44.207.623.2550 in Europe.


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 .


Reminder: NYMEX Physically Settled Products Launch on CME Globex for Side-by-Side Trading 
Effective Sunday, September 3 (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: CME Market Data API Elimination 
As announced in Q4 2005, the legacy CME Market Data API (MD API) will be decommissioned 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.

CME has postponed the elimination of CME MD API for two months, from the original date of Saturday, July 1, 2006, to Friday, September 8.

Customers who have not migrated to the CME Market Data Platform as of September 8 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.


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 allCME 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