GLOBEX Advisory Notices
To CME Globex Customers
From CME Globex Account Management
Subject CME Globex Notices: September 5, 2006
Notice Date 2006-09-07
Notice Number 090706b
Effective Date  
CME Globex(R) Notices

Welcome to the CME Globex Notices summary for the week of September 5, 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 MD API Elimination 
As announced in Q4 2005, the legacy CME Market Data API (MD API) will be decommissioned this Friday, September 8, 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.

All CME MD API neighbors (individual technical connection) will be removed as of end of day September 8. If you require an extension, please contact your CME Globex Account Manager immediately. Support surcharges as noted below will be applied to those requiring an extension.

We encourage you to ensure that all proprietary and third-party vendor trading applications are upgraded to utilize the new CME Market Data Platform system by September 8.

Support Surcharges
Customers who have not migrated all applications to the CME Market Data Platform as of September 10 will be charged $1000.00 per week, per CME MD API neighbor. 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.

For more information please contact your CME Globex Account Manager at 312.634.8700; or at +44.207.623.2550 in Europe.


CME Electronic Trading Customer Forum in Singapore 
To support our growing customer base in Asia, CME is proud to host the CME Electronic Trading Customer Forum in Singapore.

The CME Electronic Trading Customer Forum is a communication vehicle to update customers and solicit feedback on topics related to CME's electronic trading strategy over the next 6 - 12 months, including new policies, enhancements, and products. Representatives from FCMs, IBs, proprietary trading groups, ISVs and market data distributors are encouraged to attend.

The meeting will be followed by a reception.

To join CME at the CME Electronic Trading Customer Forum in Singapore, please register online.

The agenda includes:

  • CME Product Update
  • Trading the CME Korean Won and CME Chinese Renminbi
  • Electronic Options Update
  • CME Globex Trader and CME EOS Trader Update
  • User-Defined Spreads (UDS) Phase 2
  • NYMEX Products on the CME Globex Platform
  • CME Market Data Format
  • New Offering: CME LNet
  • New CME Certification Environments
Singapore
Monday, 2 October

16:00 Registration
16:30 Presentation

Fullerton Hotel
Straits Room, 4th Floor
1 Fullerton Square
Singapore

This event is free and attendance is limited to CME customers. Chicago, New York and London dates and locations will be announced shortly.


Reminder: New CME Eurodollar Futures Calendar Spreads 
Effective this Sunday, September 10 (for trade date Monday, September 11), CME is listing additional CME Eurodollar futures calendar spreads with implied functionality on the CME Globex platform. The following 15- and 18-month spreads will be added for the first 20 quarterly futures:

New CME Eurodollar Futures Calendar Spreads
15-Month Calendar Spreads
Q1 vs Q6 Q4 vs Q9 Q7 vs Q12 Q10 vs Q15 Q13 vs Q18
Q2 vs Q7 Q5 vs Q10 Q8 vs Q13 Q11 vs Q16 Q14 vs Q19
Q3 vs Q8 Q6 vs Q11 Q9 vs Q14 Q12 vs Q17 Q15 vs Q20
18-Month Calendar Spreads
Q1 vs Q7 Q4 vs Q10 Q7 vs Q13 Q10 vs Q16 Q13 vs Q19
Q2 vs Q8 Q5 vs Q11 Q8 vs Q14 Q11 vs Q17 Q14 vs Q20
Q3 vs Q9 Q6 vs Q12 Q9 vs Q15 Q12 vs Q18  

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


Reminder: Implied Functionality for CME Eurozone HICP And CME Housing Futures 
Effective this 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 is now available for customer testing in the CME certification environment for both the CME Eurozone HICP and CME Housing futures and futures spreads.


Reminder: Security Futures Instrument Creation (MO) Message Change 
Effective this Sunday, September 10, 2006, in both the CME certification and production environments, CME is changing the Extended Instrument Type value for OneChicago Security Futures products to "S". Currently, the Extended Instrument Type for these products is "E".

The Extended Instrument Type, published in position 897 of the Instrument Creation (MO) market data messages, identifies the product line. For more information on the Extended Instrument Type and MO messages, please see the CME Market Data Platform RLC Message Specifications.


Reminder: OneChicago Single Stock Futures Market Data Elimination 
Effective Sunday, September 17, at the request of OneChicago, LLC, OneChicago Single Stock Futures (SSF) market data will no longer be available via the CME Globex platform.

Orders for OneChicago futures may still be submitted via the CME Globex platform. The CME Market Data Platform will continue to broadcast SSF Instrument Creation (MO) messages to facilitate customers' electronic trading.

OneChicago futures market data has been eliminated from the CME certification environment.

Please contact OneChicago directly with any questions or concerns.


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. CME Korean Won futures and options are designed to provide risk management tools for the U.S. dollar/Korean won currency pair.

CME Korean Won futures and options are currently available for customer testing in the CME certification environment.


Reminder: CME Market Data Platform Changes 
To streamline market data processing, effective Sunday, September 24, 2006, in the CME production environment, the following market data messages, currently disseminated via the administration channel, will be disseminated via the relevant CME Market Data Platform product channels:

  • Instrument Creation (MO) messages
  • Trading Day Timetables (MH) messages
  • Group State Change Marker (MJ) messages
  • Start of CME Globex Platform (MK) messages
  • Start of Instrument Referential Broadcasting (ML) messages
  • End of Instrument Referential Broadcasting (MM) messages

These administrative messages will be broadcast via both the relevant product channels and the administration channel for two months to ensure adequate customer testing time. Effective November 19, these messages will only be disseminated via the relevant product channel. The SPI mail messages will be the only market data messages broadcast on the administration channel.

These changes, with these messages broadcast on both the administration and product channels, are currently available in the CME certification environment. They will be disseminated solely via the product channels as of November 19.

More information on the CME Market Data Platform is available in the CME Market Data Platform Developer's Guide. Details on the CME market data messages can be found in the CME Market Data Platform RLC Message Specifications.


Reminder: Instrument Creation (MO) Market Data Message Schedule Change 
Effective Sunday, October 15, in the CME production environment, CME is changing the schedule for the Sunday referential broadcast of the Instrument Creation (MO) market data messages. MO messages will be disseminated around 12:00 p.m. Central time (CT), about two hours earlier than the present schedule.

The referential broadcast for the CME certification environment is currently scheduled at 12:00 p.m. CT.


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