Market Data Advisory Notices
To Market Data Distributors
From Market Data Operations
Subject INFORMATION UPDATE FOR RLC USERS ONLY - Instrument Creation (MO) Message Enhancements Changed to Sunday, July 29, 2007/Cabinet Price Field Length Change
Notice Date 2007-07-19
Notice Number Q2007-185
Effective Date 2007-07-29

Please note that the effective date of the following enhancements has been moved back from July 22, at the request of our vendors, to Sunday, July 29, 2007. In addition, the Cabinet Price field length has been updated as shown in bold-face type below.

 

Effective Sunday, July 29, 2007, CME ® is launching the following enhancements to the Instrument Creation (MO) RLC market data message in the New Release environment.  These new fields provide important instrument information, such as the fractional versus decimal price display, originating exchange and explicit Cabinet price for options.  These new fields are scheduled to launch in the production environment in the first quarter 2008.

 

Complete specifications for the MO market data message are available in the CME Market Data Platform RLC Message Specifications.

 

New Fields in MO Messages

 

Position

Title

Length

Description

798

Fractional Pricing Flag

1

Indicates if instrument should display with decimal or fractional price

0=Decimal display

1=Fractional Display

900-903

Exchange Code

4

ISO Standard Exchange identifier

XCME=CME

XNYM=NYMEX and COMEX

XOCH=OneChicago

904-922

Cabinet Price

19

19byte price field defines cabinet price for options.  First byte is the decimal locator.  This field is populated only for options.

 

Please note:  New Release, Certification and Production are completely independent environments.  Product listings and ISIN codes, as found in the CME Globex ® Internal ID field of the MO message, may be different in each environment.  CME recommends that customers use the CME Market Data Platform channels specific to each environment, as defined in the channel definitions: