Topics in this issue include:

      Critical System Updates

·         CME-CH.COM migration to CME CORE

·         Auto-exercise for API Coal Options on Strips

      Deliveries

·         CME Group Delivery Dates for July 2014

·         2014 Approved List of Live Cattle Stockyards & Slaughter Plants

      Events & Announcements

·         NEW: Review of Collateral Haircuts Advisory

·         NEW: CME Clearing US Delegated Reporting Service Update – EMIR Collateral & Valuation Requirement August 11th, 2014

·         NEW: Enhanced GPS data files

·         NEW: UPDATED: Product Modification Summary for Clearing Firms, Bookkeeping Software Providers, ISVs

·         NEW: FECPlus Migration Phase 2: Electronic Trade Management (ETM) *UPDATE*

·         Name change for Dow Jones-UBS Commodity Index futures & swaps

·         Product Modification Summary: RUBUSD Futures and Options Tick Changes

·         Product Modification Summary: MXNUSD Futures & Options Tick Size Changes

·         Product Modification Summary: Listing Month Expansion for Asia BALMO Contracts

·         Contact Information

Deliveries

CME Group Delivery Dates for July 2014

Listed here are the relevant delivery dates for the July 2014 Chicago Mercantile Exchange Inc., Chicago Board of Trade, NYMEX, COMEX, and DME contracts.

2014 Approved List of Live Cattle Stockyards & Slaughter Plants

The attached Stockyards and Slaughter Plants have been approved for deliveries against the CME Group Live Cattle futures contract from February 1, 2014 through January 31, 2015. Delivery point information and contact numbers are listed for your reference.

See the full advisory.

If there are any questions, please contact the Deliveries Unit at (312) 930-3172.

NEW: Review of Collateral Haircuts Advisory

In conjunction with regular review of market volatility to ensure adequate collateral coverage, please find the current acceptable collateral and haircuts for CME Clearing here. Please note that the changes column indicates any near term changes to collateral and haircuts. Please see CME Clearing website for more details. http://www.cmegroup.com/clearing/financial-and-collateral-management/

Should you have any questions, please contact the Risk Management department at 312-648-3888 or the Financial Management group at 312-207-2594.

NEW: CME Clearing US Delegated Reporting Service Update – EMIR Collateral & Valuation Requirement August 11th, 2014

Under EMIR reporting mandates from August 11, 2014, EU Financial Counterparties (FC) and Non-Financial Counterparties above the clearing threshold (NFC+) must report daily collateral and valuation data relating to their open trades and positions to an EMIR Trade Repository. 

For the full text of this advisory, please click here.

NEW: Enhanced GPS data files

At the request of Clearing Member Firms, we will be publishing enhanced GPS data files (DGPS, PGPS, EGPS, EGPS) to now contain the allocation trade ID that is also provided on the bookkeeping clearing confirm record and on the FIXML formatted Trade Register file. 

The new field will allow firms to reconcile GPS data with their trade register and real-time bookkeeping record.

Please note, the new field will be added to the end of the current GPS Trade record (part 2) in positions 125 to 134 so there will be no impact to current field locations. 

The first files will be created on July 28, 2014 with that evening’s processing.

For those firms interested in a sample data file, please email ccs@cmegroup.com

If you have any questions, please call clearing services at 312 207 2525.

NEW: UPDATED: Product Modification Summary for Clearing Firms, Bookkeeping Software Providers, ISVs

Effective Sunday, August 03, 2014 for trade date Monday, August 04, 2014, and pending all relevant CFTC regulatory review periods, please be advised that the New York Mercantile Exchange (EXCHANGE) will modify the contract size for the products listed below on CME Globex, Open Outcry and available for submission for clearing on CME ClearPort.

NEW: FECPlus Migration Phase 2: Electronic Trade Management (ETM) *UPDATE*

To allow for additional testing time, CME Clearing has postponed the implementation date for the FECPlus Electronic Trade Migration (ETM) from the original July 14th date.  A new release date will be announced soon.

ETM Testing

We encourage firms to continue testing as we work to come up with an acceptable date.  Again, the testing will be done in the Certification environment exclusively.

Please be aware that, while ETM testing is underway, it will take priority over any other non-ETM Certification or New Release region testing that firms or vendors might be conducting during this time.

ETM Training

We have completed our FECPlus training sessions at the CBOT building, but any firms seeking demos can contact us directly at CCS@CMEGroup.com to setup an in person demo or an online demo as needed.

If you have any questions or require further information please contact CME Clearing Services (CCS) at 312-207-2525 or email ccs@cmegroup.com.

Name change for Dow Jones-UBS Commodity Index futures & swaps

Effective Tuesday, July 1, and pending all relevant CFTC regulatory review periods, please be advised that the Chicago Mercantile Exchange Inc. (CME or EXCHANGE) will change the name for the products listed below on CME Globex, and available for submission for clearing on CME ClearPort.

Product Modification Summary: RUBUSD Futures and Options Tick Changes

Effective Sunday, July 13 for trade date Monday, July 14, and pending all relevant CFTC regulatory review periods, please be advised that the Chicago Mercantile Exchange, Inc. (CME or Exchange) will amend the minimum price increment for Russian Ruble/U.S. Dollar futures and options from $.00001 ($25.00 per contract) to $.000005 ($12.50 per contract).

Please click here for the full text of this advisory.

Product Modification Summary: MXNUSD Futures & Options Tick Size Changes

Effective Sunday, July 13 for trade date Monday, July 14, and pending all relevant CFTC regulatory review periods, please be advised that the Chicago Mercantile Exchange, Inc. (CME or Exchange) will amend the minimum price increments for Mexican Peso/U.S. Dollar (MXN/USD) futures and options. 

The MXN/USD futures minimum tick is changing from $.000025 ($12.50 per contract) to $.00001 ($5.00 per contract).  The MXN/USD options minimum tick is changing from $.0000125 ($6.25 per contract) to $.00001 ($5.00 per contract).

Please click here for the full text of this advisory.

Product Modification Summary: Listing Month Expansion for Asia BALMO Contracts

Effective Sunday, July 13, 2014 for trade date Monday, July 14, 2014, and pending all relevant CFTC regulatory review periods, please be advised that the New York Mercantile Exchange Inc. (NYMEX or EXCHANGE) will expand the listing of contract months for Asia BALMO Contracts.

Please click here for the full text of this advisory.

Contact Information