On Sunday, March 9, 2008 (trade date March 10), the following Volatility-Quoted FX Options will be listed for trading on the CME Globex ^® platform: Euro FX, British Pound, Japanese Yen, Canadian Dollar, Swiss Franc and Australian Dollar. 

 

New RLC Market Data Channel

 

To simplify market data dissemination and processing, all RLC market data messages for these new volatility-quoted options will be segregated to a new Market Data Platform channel – Channel 6. (This differs from the previously announced Channel 12). ITC 2.1 market data will be transmitted via Channel 214, as originally published. 

 

All FX volatility-quoted options, including all maturities in both the American- and European-exercise style, are currently available for customer testing in the New Release environment via Channel 6.

 

Mock Trading – This Saturday, February 23, 2008

 

This Saturday, February 23, 2008, between 10:00 and 11:00 AM Central Time, CME Group is hosting a mock trading session. ITC 2.1 options data will be transmitted via Channel 214 of the MDP; RLC options data will be transmitted via Channel 6. Quote vendors are encouraged to participate in this important test.

 

If you have any questions during mock trading, please contact Kevin Brady at (312) 648-3653.

 

For additional information on these new products and the associated messaging and functionality enhancements, please review the Volatility-Quoted Options Client Impact Assessment document.

 

Updated Fractional Indicators

 

Please refer to the attached table for updated fractional indicators for volatility-quoted FX options. The updates are highlighted in yellow.