CME Globex Notice: June 27, 2011

CBOT and CME Interest Rate Futures Enhancements
Effective third quarter 2011, a number of enhancements will be introduced for CBOT and CME Interest Rate futures and future spreads on CME Globex.

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

CME Group recommends all system providers supporting CBOT and CME Interest Rate futures test these changes thoroughly in New Release.

 MexDer Markets via CME Globex
Effective Sunday, July 10, 2011 (trade date Monday, July 11), MexDer, Mercado Mexicano de Derivados, market data will be available via CME Globex Market Data Platform FIX/FAST.

MexDer market data via CME Globex will utilize a new FIX/FAST template. The new template is currently available in production.

Please note: CME Group recommends customer systems pull the templates from the  CME Group ftp site every week, prior to Sunday startup.

MexDer markets will be available via CME Globex for iLink order routing in early Q3 2011. CME Group customers interested in accessing MexDer products via the CME Globex platform must develop and complete certification for new functionality and messaging specific to the MexDer market. The new template is currently available in New Release. A new mandatory certification suite is currently in AutoCert+ for customer systems planning to support MexDer via CME Globex.

MexDer markets via CME Globex are currently available New Release for customer testing.

The  client impact assessment provides detailed functionality and messaging for customer systems interested in supporting MexDer products via CME Globex.

Please contact your  Global Account Manager for further information.

Trading At Marker (TAM) - Singapore
Effective Sunday, July 10 (trade date Monday, July 11), CME Group will introduce the Singapore Trading at Marker (TAM) on CME Globex.

TAM is similar to the existing Trading at Settlement (TAS) trading, where customers will be permitted to trade at a differential that represents a not-yet-known price. TAM trading will use a marker price, whereas TAS trading uses the Exchange-determined settlement price for the applicable contract month.

These contracts are listed with, and subject to, the rules and regulations of NYMEX. Additional information for Singapore TAM trading is available  online.

For any given product, there may be more than one marker available to trade. This launch includes a 4:30 p.m. Singapore GMT time marker to correspond with the Singapore market close and allows market participants to trade relative to the Exchange calculated marker price.

In the same way TAS uses “0” to represent the unknown settlement price and trades ± 10 ticks, TAM uses “0” to represent the price at the time of the marker and trades at ± 10 ticks.

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

The TAM marker prices will be disseminated via the Market Data Platform NYMEX ITC channel.

Short-term Crude Oil and Natural Gas Options
Effective Sunday, July 17 (trade date Monday, July 18), Short-term Crude Oil and Natural Gas options will be listed for trading on CME Globex.

Short-term Crude Oil and Natural Gas options contracts will have daily expiration dates listed up to five days in advance. Short-term natural gas and crude oil options will run off standard strike prices and the standard front-month futures contract.

These contracts are listed with, and subject to, the rules and regulations of NYMEX.

These products will be available for customer testing in New Release Monday, July 11, 2011.

Short-term Gold Options
Effective Sunday, July 17 (trade date Monday, July 18), Short-term Gold options will be listed for trading on CME Globex platform.

The Short-term Gold options represent a cost-effective means for professional investors to gain exposure to gold. These new short-term options contracts will have daily expiration dates listed up to five days in advance. Short-term gold options will run off the standard strike prices and the cycle month futures contract.

These contracts are listed with, and subject to, the rules and regulations of COMEX.

These options will be available for customer testing in New Release Monday, July 11, 2011.

 Pine Prairie Energy Center Natural Gas Monthly Basis Future
Effective Sunday, July 24 (trade date Monday July 25), the Pine Prairie Energy Center (PPEC) Physically Delivered Natural Gas Monthly Basis Futures (tag 1151-SecurityGroup=PPE, tag 55-Symbol=NJ), will be listed for trading to CME Globex.

This contact is listed with NYMEX and subject to the rules and regulations of NYMEX.

This will be available for customer testing in New Release on Monday, July 11, 2011.

Listing of Additional Contract Months in CERplus^SM Futures and RGGI Futures and Options
Effective Sunday, July 10 (trade date Monday, July 11), additional maturities will be listed on Green Exchange and available for trading on CME Globex for the following:

• Certified Emission Reduction Plus Futures (tag 1151-SecurityGroup=CPL)
  • December 2011
  • December 2012
  • December 2014
• Regional Greenhouse Gas Initiative futures(tag 1151-SecurityGroup=RGI)
  • January 2012 through December 2012
  • December 2013
  • December 2014
• Regional Greenhouse Gas Initiative options (tag 1151-SecurityGroup=RGX)
  • January 2012 through December 2012
  • December 2013
  • December 2014

These additional listings are currently available for customer testing in New Release.

Additional Bursa Malaysia Derivative Berhad Crude Palm Oil futures (FCPO) Calendar Spreads
Effective Sunday, July 17 (trade date Monday July 18), additional Bursa Malaysia Derivative Berhad Crude Palm Oil future (FCPO) calendar spreads will be listed for trading on CME Globex. With this change, the spot month and the next five consecutive maturities with alternating maturities up to fifteen months will be listed. Currently, additional Bursa Malaysia Derivative Berhad Crude Palm Oil future (FCPO) calendar spreads are listed for the first six maturities all combinations.

The new calendar spreads are currently available for customer testing in New Release.

New Synthetic Futures for Commodity Options on Calendar Spreads
Effective Sunday, July 24, new synthetic futures will be launched for the following options on calendar spreads:

Settlement prices will be published for the new synthetic future to support customers’ options pricing model.

The options (tag 1151) will identify the underlying contract in tag 309-UnderlyingSecurityID of the Security Definition (tag 35-MsgType=d) FIX/FAST message.

The new synthetic futures will be available for customer testing in New Release July 11, 2011.

 Temporary Removal of Eurodollar Calendar Spread Options from CME Globex
Effective Sunday, July 31, 2011, CME Group will temporarily remove the Eurodollar Calendar Spread options (tag-1151 SecurityGroup=SPO, tag-55 Symbol=8I) from CME Globex only. Further information will be available in forthcoming CME Globex and Market Data notices.

 MexDer Product Education Session in Chicago
Join MexDer (Mercado Mexicano de Derivados), a CME Group Strategic Partner, for an informational session on key Stock Index and Interest Rate contracts. The upcoming availability of these contracts through CME Globex will provide CME Group customers direct access to the Mexican market, as well as new spreading and arbitrage opportunities.

Agenda

• Intro to Mexican Bond Markets and IPC Futures
• Arbitrage and Spreading Opportunities
• Specifics on Connectivity

 Register Today

WHEN
Wednesday, July 13
4:00 - 5:00 p.m. CT
Registration begins at 3:30 p.m. / Cocktail reception to follow

WHERE
CME Group Headquarters,
Executive Conference Center (ECC)
20 S. Wacker Drive
Chicago, IL