Welcome to the CME Globex Notices summary for the week of July 24, 2006.

• This Week
  • NYMEX Products Mock Trading Session
  • CME Milk Class III Calendar Spreads
  • Reminder: European-Style CME FX Options
• August
  • Reminder: NYMEX ACCESS Products on the CME Globex Platform
  • NYMEX TAS Futures on the CME Globex Platform
  • CME Chinese Renminbi Launch
• September
  • Reminder: CME Market Data API Elimination
  • CME Korean Won Launch

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.

NYMEX Products Mock Trading Session 
To support the August 6 NYMEX products launch on the CME Globex platform, CME is hosting a mock trading session this Saturday, July 29, 9 - 10:30 a.m. CT, including both scripted and unscripted testing. More information on this mock trading session is available online in the July 29 Mock Trading Session and Script.

CME Milk Class III Calendar Spreads 
Effective Monday, July 31, 2006, 210 calendar spreads on the back 12 months of CME Milk Class III futures with implied functionality are scheduled to launch on the CME Globex platform. The CME Milk Class III futures trade side-by-side on the CME Globex platform and the trading floor, Monday through Friday, 9:40 a.m. to 1:10 p.m. CT. Both the floor (product code "DA") and electronic (product code "DC") futures have identical contract specifications.

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.

Reminder: NYMEX ACCESS Products on the CME Globex Platform 
Effective Sunday, August 6, 2006 (for trade date Monday, August 7), the following physically settled NYMEX ACCESS products will be available for trading on the CME Globex platform:

Please note: these NYMEX ACCESS products will trade on the CME Globex platform during electronic trading hours only. These hours are different than those available on the NYMEX ACCESS platform.

In addition, the CME Globex platform is scheduled to launch a number of futures strips and intercommodity spreads on NYMEX futures. CME is also listing out all currently-available NYMEX miNY futures to match the underlying full-sized contracts.

These new products are currently available in the CME certification environment for customer testing.

More information, with trading schedule details and a complete list of available futures and spreads, is included in the NYMEX Energy Futures on the CME Globex Platform Client Impact Assessment.

NYMEX TAS Futures on the CME Globex Platform 
With the August 6 NYMEX launch, the CME Globex platform will also list new NYMEX Energy Trades At Settlement (TAS) futures. TAS futures can be traded at any time during the day, and that day's settlement price will be applied in clearing at NYMEX. GTC, GTD and Stop orders are not supported on TAS products.

These products are currently available in the CME certification environment for customer testing.

More information on NYMEX TAS futures is available in the NYMEX Energy Futures on the CME Globex Platform Client Impact Assessment.

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 will be available for customer testing in the CME certification environment Monday, August 14.

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.

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, September 4.