Market Data Advisory Notices
To | Market Data Distributors
From | Market Data Operations
Subject | NYMEX Final Notice to Vendors Regarding Saturday, June 23, 2007 Testing
Notice Date | 2007-06-21
Notice Number | Q2007-160
Effective Date | 2007-06-23
NYMEX issued the following final notice to its vendors today communicating the importance of their participation in this weekend’s test, as well as providing a link to last Saturday’s test data. Attention NYMEX Market Data vendors, This notice is an important reminder to ensure readiness for the launch of select NYMEX and COMEX Options on CME ® Globex ® (the evening of June 24 th, for trade date June 25 th). Please review the below, in preparation for changes coinciding with this launch that were highlighted in earlier notices; including Bid/Offer, Trade, and Estimated Volume messages for NYMEX and COMEX contracts traded on Globex, being made available over the CME Market Data Platform (MDP) in ITC 2.1 format. For more information, visit the following links:
http://www.nymex.com/media/GlobexMD_migrationtoCMEMDP.pdf (CME MDP ITC 2.1 channels and IPs can be found on page 2 of this document)
http://www.nymex.com/media/NMX_CME_ITC21.pdf
During last Saturday’s (June 16, 2007) production testing, ITC 2.1 messages from both the NYMEX ITC 2.1 Multicast feed and ITC 2.1 channels over the CME MDP were captured. For those unable to participate in that live testing, the data can be downloaded here: http://www.nymex.com/media/OPTIONS%20ON%20GLOBEX%206_16%20TEST.zip Distributors are strongly encouraged to participate in the June 23 rd test, especially if they plan on processing NYMEX and COMEX ITC 2.1 Market Data over CME MDP when Options go live. This will be the last opportunity to process both NYMEX ITC 2.1 and CME MDP ITC 2.1 data in parallel before June 24 th. · Saturday, June 23, 2007: Mock trading is scheduled to take place from 10:00 a.m. – 12:00 noon EDT and any distributors wishing to test during this period will be able to capture market data from the mock trading session. Bid/Offer and Trade data for Futures, Spreads/Strips, and Options will be distributed over both the CME MDP and NYMEX ITC 2.1 Multicast feed. Settlements and other non venue-specific information will be published over the NYMEX ITC 2.1 Multicast feed for the purpose of parallel processing. Conference Bridge info for Saturday, June 23, 2007 To facilitate communications with support staff during testing, a conference bridge has been created for market data distributors to dial into. This conference bridge will be available during testing on both remaining Saturday tests, and it is asked that participating distributors call in to confirm connectivity and receipt of market data. The conference bridge information is:
Domestic Dial-in Number: | 1.800.264.8432
International Dial-in Number: | 1.719.457.0337
Participant Passcode: | 113507
Important note for RLC Message Users For NYMEX Options, CME is introducing variable length strike prices of up to 5 bytes in the Complete Instrument Code field in RLC market data messages. Currently, CME supports 4-byte fixed strike prices in this field.