• CME Globex Notices: September 13, 2010

      • To
      • CME Globex Customers
      • From
      • Global Account Management
      • #
      • 20100913
      • Notice Date
      • 13 September 2010
    • Topics in this issue include:
      Critical System Updates
      New Functionality
      Product Launches
      Product Changes
      Events and Announcements


      Critical System Updates

      Update CME Globex Network Migration to New Data Center
      As previously announced, to accommodate continued growth, CME Group has expanded its infrastructure and moved its CME Globex platform to a new state-of-the-art facility identified as data center 3. Phase 1 of the data center migration was completed as of August 8, 2010, where customers connected to the Globex data center using their new Production iLink IP addresses. As part of the Phase 2 of the data center migration in October, CME Group will migrate existing CME DIRECTLink, CME LNet, and Jackson Direct customer circuits from their current locations to the new data center.

      Detailed information on this migration is available  online.

       

       client impact overview is also available.

      Mock Trading Session
      The first post- migration mock trading session, to ensure customers can access all CME Group applications, will be offered October 2, 8:30 a.m. 10:00 a.m. Central time. An   overview of the mock trading session is now available. Customers must    register online to participate.

       

      If you have any questions regarding this migration, please contact your  Global Account Manager at 312.634.8700 in the U.S.; +44 (0) 20 7796 7100 in Europe; or +852.3101.7696 in Asia.


      NEW New Mandatory iLink Tags
      Effective Sunday, June 5, 2011, new mandatory FIX tags will be introduced on inbound and outbound iLink messages to enhance customer support and assist in market oversight.

      The new tags will be used to indentify:

      • Front-end system
      • Automated trading indicator flag
      • Country of origin

      All customer order routing systems must support and accurately populate these new tags, and complete the mandatory certification via AutoCert+ by June 5. They will be available for testing in New Release starting Monday, September 27.

      There are no impacts to FIX/FAST market data with this launch.

      A client impact assessment is available   online

      New Functionality

      Bursa Malaysia Derivatives Products on CME Globex
      Effective thisSunday, September 19, 2010 (Chicago time)/Monday, September 20 (Malaysia time), pending Malaysian Securities Commission approval, Bursa Malaysia Derivatives™ products will be available for trading on the CME Globex platform.

      New and existing CME Group customers who would like to trade BMD products must establish all appropriate agreements and accounts with a Bursa Malaysia Clearing Firm to be authorized to trade BMD products. Contact your  Global Account Manager at CME Group for more information.

      FIX/FAST-format market data will be enhanced to support BMD products on CME Globex as outlined in the  Bursa Malaysia Derivatives Client Impact Assessment. There are no impacts to iLink order routing for this launch.

      BMD products are currently available in New Release for customer testing.

      Pre-Live Mock Trading Session Mock
      A final mock trading session, to ensure customers can trade and receive market data for the Bursa Malaysia Derivatives products on CME Globex, will be offered this Saturday, September 18, 5:30 a.m. – 8:00 a.m. Central time. An  overview of the mock trading session is now available. Customers must register with their   Global Account Manager to participate.


       

      Update COMEX, NYMEX, and DME Futures Enhancements
      Effective fourth quarter 2010, a number of enhancements will be introduced for COMEX, NYMEX, and Dubai Mercantile Exchange (DME) futures and futures spreads on CME Globex.

      COMEX, NYMEX, and DME Futures Enhancements

      Product Complex New Release Launch Production Launch
      COMEX Futures Monday, September 20 Sunday, November 7
      NYMEX Futures
      DME Futures
      Monday, September 29 Sunday, December 5

      The messaging and functionality impacts are documented online in the   Client Impact Assessment.

      CME Group recommends all system providers supporting NYMEX, COMEX or DME futures test these changes thoroughly in New Release.

      Product Launches

      E-Micro Gold Futures
      Effective Sunday, October 3 (trade date Monday, October 4), E-Micro Gold Futures will be listed for trading on CME Globex.

      The E-micro gold contract is one-tenth the size of the benchmark   100-oz full-size gold futures contract and carries a smaller initial margin requirement. It also has lower trading fees than the standard gold contract, but offers the same full investor safeguards of trading in CME Group's regulated environment.

      E-Micro Gold Futures will be listed with tag 1151-SecurityGroup=MGC and tag 55-Symbol=QO.

      The new E-Micro Gold Futures is available in New Release for customer testing.


      NEW On-The-Run U.S. Treasury Futures
      Effective Sunday, October 24 (trade date, Monday, October 25), On-the-Run (OTR) U.S. Treasury futures and intercommodity spreads will be listed for trading on CME Globex platform.

      On-The-Run Treasury Futures and Spreads

      Product tag 55-Symbol tag 1151-SecurityGroup
      OTR 10-Year Treasury futures ZB TN
      OTR 10-Year Treasury vs. 10-Year Treasury Notes OTY
      OTR 10-Year Treasury vs. 10-Year Treasury Interest Rate Swaps ONS
      OTR 5-Year U.S. Treasury futures T5
      OTR 5-Year U.S. Treasury vs. 5-Year Treasury Notes OFB
      OTR 5-Year U.S. Treasury vs. OTR 10-Year Treasury OFT
      OTR 5-Year U.S. Treasury Intercommodity Ratio OFS
      OTR 2-Year U.S. Treasury futures T2
      OTR 2-Year U.S. Treasury vs. 2-Year Treasury Notes OTB
      OTR 2-Year U.S. Treasury vs. OTR 5-Year Treasury OTF
      OTR 2-Year U.S. Treasury vs. OTR 10-Year Treasury OTT

      The OTR Treasury futures listing cycle will correspond to the U.S. Treasury auction cycle for 2-year, 5-year, and 10-year Treasury notes. Details on the OTR Treasury futures listing cycle are available  online.

      View the Tentative Auction Schedule of U.S. Treasury Securities   online.

      The new On-The-Run (OTR) Treasury Futures will be available for customer testing in New Release Monday, October 4, 2010.

      Product Changes

      Expansion of Listings for COMEX Copper Futures and Gold Futures and Options
      Effective this Sunday, September 19 (trade date Monday, September 20), CME Group will expand the contract month listings for COMEX Copper futures and Gold futures and options, as detailed below:

      • COMEX Copper futures (tag 1151-SecurityGroup=QO)
        • September 2012
        • December 2012
        • March 2013
        • May 2013
        • July 2013
        • September 2013
        • December 2013
        • March 2014
        • May 2014
        • July 2014
        • September 2014
        • December 2014
        • March 2015
        • May 2015
        • July 2015
      • COMEX Gold futures (tag 1151-SecurityGroup=GC)
        • December 2015
        • June 2016
      • COMEX Gold Option (tag 1151-SecurityGroup=OG)
        • December 2015
        • June 2016

      2-Year Treasury Note Options Strike Changes
      Effective Sunday, October 3 (trade date Monday, October 4) the strike listing rules for the 2-Year U.S. Treasury Note options (tag 1151-Security Group=OZT) will be expanded for all listed maturities.

      With this change, all maturities of the 2-Year U.S. Treasury Note options will list at-the-money (ATM) ± 15 strikes. Currently, ATM ±10 strikes are listed for all maturities.

      These changes in options listings will be available for customer testing in New Release this Monday, September 20, 2010.

      Events & Announcements

      Update CME Globex Disaster Recovery
      CME Group is committed to the protection of its members, employees and stakeholders and has a long history of successfully managing risk. In keeping with those traditions, CME Group has a comprehensive business continuity program in place.

      Twice a year CME Group offers Simulated CME Globex DR testing and the next such test is scheduled for Saturday, September 25.

      The Simulated CME Globex DR testing is designed to ensure that customers can successfully failover to the DR environment, send orders and fallback to the production environment in case of an emergency. Customers are required to register   online and in advance to participate. Disaster Recovery IPs and ports have been distributed by your CME Global Account Manager.

      Complete information on the CME Group business continuity program, including upcoming test dates and the DR Client Impact Assessment, is available   online.

      The Simulated CME Globex DR testing will begin at 9:30 a.m. CT and conclude at 1:00 p.m. CT. A detailed timeline is available in the   overview on page 16.

      For more detailed information on the Simulated CME Globex DR testing, please contact your   Global Account Manager.


      NEW iLink Session ID Auto-Deletion Process
      Effective Monday, October 4, CME Group implemented the quarterly iLink session ID auto-delete process.

      Idle iLink session IDs needlessly consume resources and make load balancing and resource allocation planning more difficult. CME Group is committed to managing session IDs to ensure the best performance on CME Globex for our customers. The iLink session ID auto-delete process helps ensure these resources are managed proactively and consistently across the marketplace.

      Details on the process are available  online. An e-mail notification will be distributed to Class A clearing firms on Monday, October 4. Idle session IDs that have not been granted an exemption will be deleted at end of day November 5, 2010.