07/31/2006
This session will provide you with an opportunity to ensure the connectivity to CME Globex, as well as offer you the time to practice in a simulated trading environment. It is strongly suggested you make every effort to participate in this event. The full schedule for this test is attached below.
Please note that a CME Globex® login will be required for this session. If you do not know your CME Globex® login, please contact your clearing member for help.
Additionally, all of the NYMEX ACCESS® products scheduled for migration are now available in the Globex® production environment (inactive for trading) to allow for the set-up of default trading profiles before the scheduled launch. It is highly encouraged that all users ensure they have the proper trading profiles available before the August 6th launch date. Please contact your respective ISV for any assistance in this matter.
The production test this weekend will provide an opportunity to test the trading profiles against other traders who are participating in the test.
For more information on this notice or on how to register for side-by-side trading, please contact Third Party Services at 1-800-275-6215 or Customer Service at 1-800-438-8616 with any questions. For issues with Globex® connectivity, please call CME GCC at 312-456-2391.
The objectives of the customer test on August 5th are to ensure customers can access the following:
- NYMEX ACCESS energy and metals products listed on CME Globex
- Energies:
- Crude (CL)
- Heating Oil (HO)
- Unleaded gasoline (HU)
- RBOB gasoline (RB)
- Natural Gas (NG)
- Propane (PN)
- Spreads:
- Calendars (implied)
- Inter-commodity (implied)
- 1:1 cracks (implied)
- Metals:
- Platinum (PL)
- Palladium (PA)
- NYMEX miNY™ Platinum (PQ)
- NYMEX miNY™ Palladium (LQ)
- Spreads:
- Calendars (implied)
- Strips (non-implied)
- Cash/Physical spreads (non-implied)
- Energies:
- Trade at Settlement (TAS) product listings
- Expanded listings for the existing NYMEX miNY™ products
The Customer Test will be an opportunity for customers to participate in a mock trading session with CME and NYMEX in advance of the August 6th launch.
There will be a general conference bridge line open during the testing. Customers are encouraged to dial into this line to listen to any information related to the mock trading session.
Conference bridge number: 1-866-548-4703
Passcode: 584529
Proposed Timeline (Eastern Time):
Saturday, August 5:
10:00 AM: Customers begin to test their connectivity to CME Globex
- Login to CME Globex
- Listen to the CME Market Data channel for Energy products
- All August 6th products will be available for trading
10:00 – 11:00 AM: Scripted & Unscripted Testing
Scripted Testing
Customers can access the August 6th products on Globex for testing.
- Market Makers will begin quoting at 10:00 AM.
- All NYMEX products which will be available on Globex as of August 6th will be available for trading, including those already listed
- The primary equity, interest rate, and currency market products will also be available for trading on CME Globex during the test.
- The following is a list of suggested trade scenarios:
- NYMEX Access Energy
- NYMEX Access Metals
- NYMEX Platinum/Palladium miNY™ products
- TAS
- Cash/physical spreads
- Expanded listings for the existing NYMEX miNY™ products
- Review the spread naming conventions for all spreads
- Calendars
- Strips
- Inter-commodity Spread
- 1:1 Crack Spreads
- Cash/physical Spreads
- Review clearing outputs from NYMEX
- Confirm trader registration with the CME GCC
- Report an error trade by calling the CME GCC
- Request a trade cancel or status