Market Data Advisory Notices
To | Quote Vendors
From | Market Data Operations
Subject | Independence Day Trading Schedule -- Effective Friday, July 4, 2008
Notice Date | 2008-06-12
Notice Number | Q2008-113
Effective Date | 2008-07-04
CME Group will be open for trading on July 4, 2008, for select products on the Globex® trading platform. For additional information regarding trading hours and products, please review the Holiday Trading Schedule. The following outlines the details as to how the July 4, 2008 trade day will be handled for the purpose of market data distribution: · For the Globex trading on July 4, 2008, it will be considered its own trade date which deviates from the normal Globex holiday trading market data distribution process. · The trades that occur during this session will not be cleared until July 7, 2008. · All products which are open for trading on Friday, July 4, 2008, will open at normal trading hours on Thursday, July 3, 2008 and end at the specified time within the Holiday Trading Schedule. · Settlement prices will be sent via the ITC Category Code Q messages, and the appropriate RLC messages will be sent at the end of trading on July 4, 2008. Please note that they will be the same settlement prices that were sent on July 3, 2008 . · Category Code Q messages will be sent for all products, whether or not they traded on July 4, 2008. · Category Code V, H and J messages will also be sent at the end of the July 4 th trading session. · ITC Category Code I messages for trade date July 3, 2008 will be sent on July 4, 2008 at their normal transmission time. · ITC Category Code I messages will not be disseminated for trade date July 4 th as the volume and open interest will be considered part of the cumulative volume for trade date Monday, July 7, 2008, which will be disseminated on Tuesday, July 8, 2008. · NYMEX will be open for trading on the Globex® trading platform. Details will be forthcoming from NYMEX.