GLOBEX Advisory Notices
To CME Globex Customers
From CME Globex Account Management
Subject Update: Order Qualifiers for Options on CME Globex
Notice Date 2007-03-26
Notice Number 032607a
Effective Date 1969-12-31
CME Globex(R) Notices

Update: Order Qualifiers for Options on CME Globex

Effective Sunday, March 25, 2007 (for trade date Monday, March 26), CME launched support for Good 'Till Cancelled (GTC) and Good 'Till Date (GTD) order qualifiers for the following options on futures instruments. Please note: GTC and GTD order qualifiers are not available via CME EOS Trader.

  • Options traded on CME Globex around the clock, during electronic trading hours (ETH) and regular trading hours (RTH) hours
    • E.g., CME Euro FX options (product code 6E)
  • Options traded exclusively on CME Globex
    • E.g., CME E-mini S&P 500 ® options (product code ES)
  • Options traded on CME Globex only during RTH
    • E.g., CME Live Cattle options (product code LE)

The following options instruments will not support GTC and GTD order qualifiers:

  • Options traded on CME Globex only during ETH
    • E.g., CME EOM S&P 500 options (product code EV)

Customers can easily determine GTC and GTD eligibility for any instrument by referring to position 93, Default Date Validity, in the Instrument Creation (MO (m-oh)) RLC market data message. More information is available in the RLC Message Specifications volume of the CME Market Data Platform SDK.

If you have any questions or concerns, please contact your CME Globex Account Manager at 312.634.8700; or at +44.20.7796.7100 in Europe.


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