Market  Data Advisory Notices
To Market Data Distributors
From Market Data Operations
Subject UPDATE: Enhanced Electronic Options For Eurodollars On GLOBEX And GLOBEX Eurodollar Option Symbol Change - TESTING TOMORROW, FRIDAY, JULY 2, 2004
Notice Date 2004-07-01
Notice Number Q2004-81
Effective Date  

Please note changes and new details below in bold-face italic type. Also, please note that testing for the GLOBEX® Eurodollar Options Symbol Change will take place tomorrow, Friday, July 2, 2004.

Effective Monday, August 2, 2004, CME will deploy Enhanced Electronic Options for Eurodollars on GLOBEX. As part of this launch, GLOBEX and the new system will both list Eurodollar options. The Enhanced Electronic Options system will be used for both regular Eurodollar options and 1, 2 and 5 -year Mid-Curve Eurodollar options. CME acquired this platform at the beginning of this year, because it offered a solution that facilitates the exposure of multiple market makers prices to end customers, and exposes customer orders to any member of the electronic trading crowd who want to trade against that customer’s order. Additionally, the system facilitates electronic trading of options spreads.

Please view the attached Market Data Distributor Notice for more details.