• CME Globex Notices: September 20, 2010

      • To
      • CME Globex Customers
      • From
      • Global Account Management
      • #
      • 20100920
      • Notice Date
      • 24 September 2010
    • Topics in this issue include:
      Critical System Updates
      New Functionality
      Product Launches
      Product Changes
      Events and Announcements


      Critical System Updates

      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 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 this Monday, September 27.

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

      A client impact assessment is available   online

      New Functionality

      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.


      Update 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
      5 year OTR vs. 5 year Interest Rate Swap Ratio ICS 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

      NEW New Release Environment Harmonization
      To provide a robust customer testing environment as close to production as possible, CME Group is harmonizing the New Release environment Monday, September 27. This synchronization will result in listed instruments in New Release better matching those listed in production; for instance, strike prices will match. The following impacts will occur:

      • All FIX/FAST Security Definition messages, except NYMEX futures, will be available for customer testing per normal process Monday, September 27.
      • All NYMEX futures will be available for customer testing on Monday evening, September 27.
      • All Green Exchange options currently defined as Green Exchange (tag 207-SecurityExchange=GREE) products will become unavailable for customer testing from this Monday, September 27 to Friday, October 1. These options will become available for customer testing on Monday, October 4.
      • All GTC and GTD orders will be removed.
      • All User-Defined Spreads (UDS) will be eliminated
      • The ISIN Codes for all currently listed products will be impacted.
        • CME Group recommends all customers purge and re-load their instrument databases from the Security Definition (tag 35-MsgType=d) market data messages every week.
        • There is no impact for customers who purge and re-load weekly, or who do not rely on the ISIN Code for instrument identification.
        • Please contact your front-end system provider for more information.

      If you experience any testing issues in New Release, please contact Certification Support for Electronic Trading (CSET) at 312.930.2322 for assistance.


      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

      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 this 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 CME Co-Location Services Details and Application Process
      Application Period: October 1 – 27, 2010
      CME Co-Location Services – comprised of hosting, connectivity and support services – will launch early 2012 at our new state-of-the-art data center. The CME Group Data Center, designed to be environmentally friendly and energy efficient, will provide the following services:

      • Power and Space
      • Lowest Latency and Equidistant Access for All Customers
      • Exceptional Support and Responsiveness

      If you are interested in having the lowest possible latency connection to the CME Globex platform, contact your   Global Account Manager today.

       Learn more about CME Co-Location Services, visit   www.cmegroup.com/colo

       View   CME Co-Location Services Brochure (PDF)

       To request additional information and to apply, please contact your  Global Account Manager at +1.312.634.8700 in the United States; +44.20.7796.7100 in Europe; and +65.6593.5574 in Asia.


      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.



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