Market Data Advisory Notices
To | Market Data Distributors
From | Market Data Operations
Subject | Mock Trading Plan for CBOT and Hosted Exchange Products on CME Globex
Notice Date | 2007-11-29
Notice Number | Q2007-297
Effective Date | 2007-11-29
The CBOT and Hosted Exchange products launch mock trading plan is now available online. Click here to download the plan. Please pay close attention to page 6 that includes Market Data & Product Code Information. Quote vendor participation in these critical mock trading sessions is required to ensure your systems will be ready to support these products after they migrate to CME Globex. We are providing ample opportunity to test, verify, correct and retest, as the window of opportunity is very narrow – implementation of this huge initiative is only six weeks away! Mock Trading Session Reporting Mock Trading Session recaps from quote vendors should be completed and sent via email to MDO@cmegroup.com. We ask that you please take a few minutes to provide us with feedback on the mock trading session. CBOT ITC 2.1 Ticker Codes For purposes of mock trading only, quote vendors should utilize the “old” (pre-merger) CBOT ITC 2.1 ticker codes; however, when testing in the New Release environment, the “new” (post-merger) CBOT ITC 2.1 codes should be used. The “new” codes are detailed in the CBOT and Hosted Exchange Products on CME Globex Client Impact Document. Mock Trading Contract Exceptions Please note that the CBOT ITC 2.1 codes for the futures products listed below are different than the CME ITC 2.1 codes. As a result, the following products will not be available for any of the mock trading sessions. These products can be tested in the New Release environment. The conflicting codes will be changed in production on their respective migration dates in January 2008. Ethanol futures and futures spreads Mini-sized Soybean futures and futures spreads Dow Jones AIG Commodity Index Excess Return Index futures and futures spreads Dow Jones U.W. Real Estate Index futures and futures spreads 30-Year Interest Rate Swap futures and futures spreads Additionally, the ITC 2.1 option codes for the futures products referenced above will not be changing as the products migrate from e-cbot to CME Globex. They will not be available for any of the mock trading sessions, since the options products reference the futures as part of the message structure. However, these options and options spread products are available in the New Release environment for user testing. Mock Trading Session Schedule As a reminder, the Mock Trading Sessions are scheduled for the following Saturdays: · December 1, 2007 · December 15, 2007 · January 5, 2008 · January 12, 2008 · January 26, 2008 All quote vendors are required to participate in these important sessions. Market data will be transmitted between 9:00 a.m. and 11:00 a.m. Central Time on all five test dates. As a reminder, the products tested during the Mock Trading Session #1 will be listed on CME Globex, Sunday, January 13, 2008.