Welcome to the CME Globex Notices for the week of April 9, 2007.
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.
Learn the latest in electronic
trading on CME Globex
FCMs, IBs, proprietary trading groups, ISVs and market
data distributors -
Register today for the CME Electronic Trading Customer Forum.
The CME Electronic Trading Customer Forums are designed to bring CME and its customers together.
You will receive updates and information regarding CME Globex platform changes, electronic trading
policies and new offerings in the next 6-12 months.
These events are free and attendance is limited to CME customers.
The forum will cover:
- CBOT-CME proposed merger update
- Product updates
- NYMEX product updates and the CME Messaging Policy
- Enhanced Execution Reports
- User-Defined Spreads: Combos
|
- New market data format: FIX/FAST
- New offering: Drop copy
- New offering: Cancel on disconnect
- New certification environments and AutoCert+ tool
|
London
Thursday, April 19, 2007
15:30 Registration
16:00 Presentation
Reception to follow
The Old Library
Lloyd's
One Lime Street
London EC3M 7HA |
|
Singapore
Thursday, 7 June 2007
16:30 Registration
16:45 Presentation
Reception to follow
Fullerton Hotel
The Straits Room, 4th Floor
1 Fullerton Square
Singapore |
CLICK HERE to register.
Reminder: NYMEX Crude Oil and Heating Oil
Futures Extended Listings
Effective
Sunday, April 15, 2007 (for trade date Monday, April 16), the following NYMEX
products on CME Globex will be extended:
| Extended
Listings for NYMEX on CME Globex Products |
| Product |
Instrument
Group Code |
Product
Code |
Currently
Listed Months |
New
Listed Months |
Implied
Months |
| Physically
Settled Crude Oil Futures |
CL |
CL |
72 |
78 |
24 |
| Physically
Settled Heating Oil |
CL |
HO |
18 |
36 |
24 |
With this launch, all currently listed calendar, strips and intercommodity spreads for both the
physically settled Crude Oil and Heating Oil will be available for the full listing ranges.
These extended contract months are currently available for customer testing in the certification
environment.
Reminder: CME Weekly Average Temperature
Futures Launch
Effective
Sunday, April 15, 2007, and
Sunday, April 29, the new
CME Weekly Average
Temperature futures are launching on the CME Globex platform.
These CME Weekly Average Temperature products enable market participants to hedge short-term
intra-monthly weather risk. CME Weekly Average Temperature contracts will list two weekly contracts
(Monday through Friday), and will be settled the following business day.
| CME
Weekly Average Temperature Futures on CME Globex |
| Listing
City |
Instrument
Group Code |
Product
Code |
Listed
Weeks |
| Sunday, April 15, 2007 Launch |
| Atlanta |
H0
(zero) |
H11-H15 |
2 |
| Boston |
H0 |
HW1-HW5 |
2 |
| Chicago |
H0 |
H21-H25 |
2 |
| Cincinnati |
H0 |
H31-H35 |
2 |
| Dallas-Fort
Worth |
H0 |
H51-H55 |
2 |
| New
York City |
H0 |
H41-H45 |
2 |
| Sunday, April 29, 2007 Launch |
| Baltimore/Washington |
H0 |
HV1-HV5 |
2 |
| Des
Moines |
H0 |
H91-H95 |
2 |
| Detroit |
H0 |
HK1-HK5 |
2 |
| Houston |
H0 |
HR1-HR5 |
2 |
| Kansas
City |
H0 |
KX1-KX5 |
2 |
| Las
Vegas |
H0 |
H01-H05 |
2 |
| Minneapolis
- St. Paul |
H0 |
HQ1-HQ5 |
2 |
| Philadelphia |
H0 |
H61-H65 |
2 |
| Portland |
H0 |
H71-H75 |
2 |
| Sacramento |
H0 |
KS1-KS5 |
2 |
| Salt
Lake City |
H0 |
HA1-HA5 |
2 |
| Tucson |
H0 |
H81-H85 |
2 |
The CME Weekly Average Temperature futures scheduled to launch on April 29will be available in
the New Release Certification environment
this Monday, April 16.
Reminder: CME E-mini S&P 500 Futures
Maximum Order Quantity Increase
Effective
Sunday, April 22 (for trade date Monday, April 23), at customers' request, CME is
increasing the Maximum Order Quantity limit for CME E-mini S&P 500
® futures from the current 1,500 to
2,000. This Maximum Order Quantity change applies only to outrights; there is no
change to the Maximum Order Quantity for spreads.
Reminder: CME Credit Index Event Futures
Launch
Effective
Sunday, May 6 (for trade date Monday, May 7),
CME Credit Index
Event futures will launch on the CME Globex platform.
The CME Credit Index Event futures merge the benefits of over-the-counter (OTC) credit default
swaps with the advantages of exchange-traded derivatives. These new CME contracts represent the
first exchange-traded, centrally cleared and guaranteed product available to the credit derivatives
market. CME Credit Index Event contracts are expected to provide a transparent and liquid means of
writing protection on and acquiring protection against a number of defined corporate credit events,
including bankruptcy and failure to pay. They will trade exclusively on the CME Globex electronic
trading platform.
CME Credit Index Event futures will be available in the New Release Certification and
Certification environments for customer testing Monday, April 23.
Reminder: Extended Listings for CME Lean Hog
and Live Cattle Intercommodity Spreads
Effective
Sunday, May 6, 2007 (for trade date Monday, May 7), CME is extending the listings
for intercommodity spreads on the CME Lean Hog and CME Live Cattle futures. These spreads use the
Strategy Type Code
IS.
The complete list of intercommodity spreads available for trading upon launch is
online.
These extended intercommodity spreads will be available for customer testing in the CME
certification environment Monday, April 23.
Reminder: NYMEX Products on the CME Market
Data Platform
Effective
Sunday, May 6, 2007, CME is decommissioning the legacy NYMEX market data channel
(20) on the CME Market Data Platform.
Since the introduction of NYMEX futures and spreads on the CME Globex platform, market data
messaging rates on the CME Market Data Platform NYMEX channel (20) have steadily increased,
recently reaching peaks greater than
3 mbps. To better manage bandwidth utilization, CME leveraged the scalability of
the CME Market Data Platform and introduced three new channels for NYMEX and COMEX
® products.
Complete information on the three new NYMEX and COMEX channels on the CME Market Data Platform,
including the products assigned to each channel, is available
online.
More information on NYMEX and COMEX products on the CME Globex platform is available at
www.nymexoncmeglobex.com.
Reminder: CME E-mini FTSE/Xinua China 25 Index
Futures Launch
Effective
Sunday, May 20 (for trade date Monday, May 21), the CME E-mini FTSE
®/Xinhua
® China 25 Index futures on the CME Globex platform.
The
CME E-mini FTSE/Xinhua
China 25 Index futures are designed to meet the growing need for 24-hour access to the Chinese
equity markets. The FTSE/Xinhua China 25 Index is comprised of 25 of the largest, most liquid
red-chip and H-share Chinese companies listed on the Hong Kong Stock Exchange.
CME E-mini FTSE/Xinhua China 25 Index futures will be available for customer testing in the New
Release Certification and Certification environments Monday, May 7.
©2007
Chicago Mercantile Exchange Inc (CME). All rights reserved.
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