In response to requests from the Clearing community, the schedule for FEC+ has been amended. Below is the deployment schedule for FECPlus for the remainder of the year:
- Testing for the FPL-compliant FIXML 5.0 API for ALL post-trade processing, including give-ups, average-priced give-ups, and cross-exchange allocations, is currently available in New Release. This includes both outbound and inbound messaging capabilities. FECPlus in New Release will be used to manage all post-trade processing transactions. The existing FIXML 4.4 API will no longer function for any post-trade processing in New Release.
- Thursday, May 3, 2012: Testing for the migration of ClearPort trades to FECPlus will begin in New Release. With this change, all ClearPort trades, including CDS and OTCFX, will no longer be posted to existing FEC in New Release. There will be NO API messaging changes for these trades.
- Monday, June 4, 2012: Production launch date for migration of ClearPort trades, including CDS, to FECPlus.
- Monday, June 11, 2012: Production launch date for CMECE for ALL post-trade processing, including give-ups, average-priced give-ups, and cross-exchange allocations using the FPL-compliant FIXML 5.0 API.
- Monday, July 30, 2012: Production launch date for CME/CBT/NYMEX/COMEX for ALL post-trade processing, including give-ups, average-priced give-ups, and cross-exchange allocations using the FPL-compliant FIXML 5.0 API.
- Q3 2012: Electronic Trades will be migrated to FECPlus. Specific dates will be disseminated as they become available.
If you have any questions or require further information please contact CME Clearing at 312-207-2525 or ccs@cmegroup.com.
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