Market Data Advisory Notices
To | Market Data Distributors
From | Market Data Operations
Subject | New CME Live Cattle and Lean Hog Options and Option Strategies on CME Globex -- Effective Monday, December 4, 2006
Notice Date | 2006-11-13
Notice Number | Q2006-207
Effective Date | 2006-11-13
Effective Monday, December 4, 2006, CME Live Cattle (LE) and Lean Hog (HE) option outrights and options strategies will be available for side-by-side trading on CME Globex during regular trading hours (9:05 a.m. – 1:02 p.m. for options on LE and 9:10 a.m. – 1:02 p.m. for options on HE). These options will launch with UDS Covereds. The recognized options strategies are:
Spread Type | Spread Type Code | Live Cattle | Lean Hog
Straddle | ST | Supported | Supported
Strangle | SG | Supported | Supported
Risk Reversal | RR | Supported | Supported
Vertical Call or Put | VT | Supported | Supported
Calendar Call or Put* | HO | Supported | Not Supported
3-Way Call or Put | 3W | Supported | Supported
*Calendar Call or Put Spreads will only be available for CME Live Cattle options. These instruments will be available for testing in the CME certification environment on Wednesday, November 15, 2006. Ticker Testing Ticker testing will be held on Friday, December 1, 2006, at approximately 4:45 p.m. If you have any questions during testing, please contact CME’s Enterprise Technology Operations Department at (312) 930-8160. If you have any questions regarding this notice, please contact: Marilee Radecki 312.930.8193 mradecki@cme.com Kevin Brady 312.648.3653 kbrady@cme.com Thank you