Market Data Advisory Notices
To | Market Data Distributors
From | Market Data Operations
Subject | Information Update: FX Options MDP Message Changes on December 2, 2007 and New CME Globex ITC Channels on MDP Delayed Until December 14, 2007
Notice Date | 2007-11-29
Notice Number | Q2007-298
Effective Date | 2007-11-29
This notice contains updated information on the following topics: § FX Options MDP Message Changes § Addition of New CME Globex ITC channels delayed until December 14, 2007 FX Options MDP Message Changes Beginning Sunday, December 2, 2007, FX Options market data messages on both Channels 5 and 205 will carry the appropriate expiration indicator (“A” – American-style or “E” – European-style) for all messages types, including “Q” messages (settlement prices). In our previous notice, Q2007-283 , quote vendors were advised that they could expect to see a change in MDP messages for FX Options. Specifically, Channel 5 displays an “A” for both American and European-style, while Channel 205 displays “A” for American-style and “E” for European-style option expiration. For the sake of consistency, beginning Sunday, December 2, 2007 , all FX options market data messages (types “b”, “t” and “Q”) will include the appropriate expiration indicator (“A” or “E”), regardless of MDP channel designation. New ITC Channels – December 14, 2007 To provide additional testing time for all quote vendors, CME Group is delaying the implementation of the new CME Globex ITC Channels on the MDP until Friday , December 14, 2007. At that time, Channels 4-6 will be decommissioned and replaced by Channels 200-207 .