• CME Globex Notices: March 10, 2008

      • To
      • CME Globex Customers
      • From
      • CME Globex Account Management
      • #
      • 20080310
      • Notice Date
      • 10 March 2008
    • Topics in this issue include:
      Critical System Updates
      Product Launches
      Product Changes

       

      Critical System Updates

      Changes to Instrument Creation (MO) Replay Channels 
      Effective Sunday, March 30, 2008, CME Group will decommission the Instrument Creation (MO) Replay channels 1 and 16 in the production and Certification environments. Channels 1 and 16 have been decommissioned in New Release.

      The new MO Replay channels on the Market Data Platform, introduced in November 2007, allow customers to listen only to the MO messages for which they receive market data. With these new channels, every product RLC data channel (e.g., channel 7, Equity futures; channel 8, Equity options, etc.) now has a dedicated MO Replay channel.

      Please note, these changes only affect the RLC-format channels. There are no changes to the ITC 2.1-format channels.

      The new MO Replay channels are currently available in New Release, Certification and production. The channel definition tables are available online for  Certification and New Release, and for  production.

      Product Launches

      NYMEX Emissions Futures
      Effective this Sunday, March 16 (trade date Monday, March 17), NYMEX Emissions futures will be listed for trading on the CME Globex platform. With this launch, calendar spreads for all products (Strategy Type Code SP) and strips for NYMEX SO2 Emissions only (Strategy Type Code FS) will also be available.

      More details on these new NYMEX products is available from NYMEX Product Marketing at 212.299.2301.

      NYMEX Emissions Futures

      Product Instrument Group Code Product Code
      Futures
      Carbon EUA Emissions Euro VO EUA
      Carbon Certified Emission Reduction Euro CCR
      NYMEX SO2 Emissions RSN
      NYMEX Annual NOX Vintage 2009 WWN
      NYMEX Annual NOX Vintage 2010 YPN
      NYMEX Annual NOX Vintage 2011 YQN
      NYMEX Annual NOX Vintage 2012 YRN
      NYMEX Seasonal NOX Vintage 2008 RNN
      NYMEX Seasonal NOX Vintage 2009 YIN
      NYMEX Seasonal NOX Vintage 2010 YJN
      NYMEX Seasonal NOX Vintage 2011 YKN
      NYMEX Seasonal NOX Vintage 2012 YMN

      These new instruments are currently available for customer testing in Certification and New Release.


      NEW Nonfarm Payroll Futures and Options
      Effective Sunday, April 27 (trade date Monday, April 28), CME Group is launching futures and options on the U.S. Bureau of Labor Statistics' (BLS) Nonfarm Payroll data exclusively on the CME Globex platform.

      These new products will allow customers to directly manage exposure to the government labor number and offset positions in the financial markets.

      Please note: these options are eligible for negative strike prices.

      Nonfarm Payroll Futures & Options

      Product Instrument Group Code Product Code MDP Channel
      Nonfarm Payroll Futures NP NFP 9
      Nonfarm Payroll Options on Futures 1F NFP 10

      More information is available  online.

      Nonfarm Payroll futures and options will be available for customer testing in Certification and New Release on Monday, April 14.

      Product Changes

      NEW Side-by-side Trading for Grain and Oilseed Options
      Effective Sunday, April 13 (trade date Monday, April 14), the options on corn, wheat, soybeans, soybean meal, soybean oil, rough rice and oats futures will be available for electronic trading on CME Globex during the open outcry (RTH) trading hours. Currently, these contracts are only available on CME Globex during electronic trading hours (ETH), 6 p.m. to 6 a.m. Sunday through Friday. With this schedule change, these options will also be available on CME Globex 9:30 a.m. to 1:15 p.m. CT.

      More information is available  online.