CME Globex Notices: November 6, 2006

Reminder: NYMEX REBCO Intercommodity Spreads and TAS Contracts Launch on CME Globex
Effective this Sunday, November 12, 2006 (for trade date Monday, November 13), intercommodity spreads and Trading at Settlement (TAS) contracts for the Russian Export Blend Crude Oil (REBCO) will be available for trading on the CME Globex platform.

The physically settled Crude Oil vs. REBCO (CL:RE) and financially settled Brent Crude Oil vs. REBCO (BB:RE) intercommodity spreads will be listed for 72 consecutive months. The TAS contracts (RET) will be listed on the front two months of the REBCO futures.

These intercommodity spreads and TAS contracts are currently available for customer testing in the CME certification environment.

Reminder: UDS: Covereds Expansion - CME Equity and FX Options
To support the impressive growth in electronically traded options, CME is expanding User-Defined Spreads (UDS): Covereds functionality on the CME Globex platform to CME Equity and Foreign Exchange (FX) options. With UDS: Covereds functionality, CME customers can create unique instruments composed of an option outright or spread covered with one or two futures.

UDS: Covereds functionality will be launched for CME Equity options Sunday, November 19.

The new functionality is currently available for customer testing on the CME Equity and FX options in the CME certification environment.

More information on the UDS Expansion launch is available online in the UDS Expansion Client Impact Assessment.

With this launch, options markets will no longer be available via the CME Globex Trader trading application. More information on the removal of options markets and the CME Globex Trader decommission is available online.

Reminder: CME Commodity Options
Effective Sunday, December 3 (for trade date Monday, December 4), CME is launching options on CME Lean Hogs and CME Live Cattle futures on the CME Globex platform for side-by-side trading. These options will launch with UDS: Covereds functionality.

In addition to the option outrights, the following spreads will also be listed:

Spread Type	Spread Type Code
Straddle	ST
Strangle	SG
Risk Reversal	RR
Vertical Call Vertical Put	VT
Calendar Call Calendar Put^†	HO
3-Way Call 3-Way Put	3W

^† Calendar Call and Put spreads will only be available for CME Live Cattle options.

More information on Spread Type Codes, position 727-728 in the Instrument Creation (MO) messages, is available in the CME Market Data Platform Developer's Guide.

These instruments will be available for customer testing in the CME certification environment Wednesday, November 15.