CME Globex Notices: November 14, 2011

New Market Data Platform Channel for DME Options
Effective this Sunday, November 20, a new Market Data Platform channel 29 will be defined for FIX/FAST market data on DME options. Until the launch of DME options, the channel will only broadcast heartbeats.

Information on the new channel will be added to the config.xml file for the following environments as follows:

• New Release - Now Available
• Production/Certification - Sunday, November 20

With this launch, channel 28 will be re-titled “DME Futures” in the config.xml file.

The new Market Data Platform channel is currently available in New Release for customer testing.

  New DME Oman Crude Oil European Style Option Contract (OQE)
Effective Sunday, December 11, subject to Dubai Financial Services Authority (DFSA) approval, DME Oman Crude Oil European Style Option will be listed for trading on CME Globex.

The DME Oman Crude Oil European Style Option will be disseminated on a   new Market Data Platform channel 29.

This contract is listed with and subject to the rules and regulations of the Dubai Mercantile Exchange.

This product is currently available in New Release for customer testing.

GreenX California Carbon Allowance Options
Effective Sunday, December 11 (trade date Monday, December 12), the Green Exchange California Carbon Allowance options (tag-1151 SecurityGroup=CAO, tag-55 Symbol=GY) will be listed for trading on CME Globex.

These contracts are listed with, and subject to, the rules and regulations of GreenX. All transactions will be available for clearing through CME Clearing.

The product will be available for customer testing in New Release on Monday, December 5.

  Crude Oil Financial and RBOB Gasoline Financial Futures
Effective Sunday, December 11 (trade date Monday, December 12), Crude Oil Financial and RBOB Gasoline Financial futures will be listed for trading on CME Globex.

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

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

E-micro USD/RMB Minimum Tick and Display Factor Changes
Effective this Sunday, November 20 (trade date Monday, November 21), changes to minimum tick increment and tag 9787-DisplayFactor will be implemented for E-micro USD/RMB futures.

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

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

More information on tag 9787-DisplayFactor is available in the  FIX/FAST Message Specifications module of the FIX/FAST SDK.

Expansion of Strike Listings for COMEX Silver Options
Effective Sunday, December 4 (trade date Monday, December 5), CME Group will expand the strike listing rules for Silver options (tag 1151-SecruityGroup=SO, tag 55-Symbol=SO) for trading on CME Globex for all maturities as follows:

• If the underlying futures price is less than $25.00 per troy ounce, ± 40 ATM strikes will be listed in intervals of $.05; forty strikes will be listed in $.25 increments above and below the highest and lowest $.05 increment; and 10 strikes will be listed in $1.00 increments above and below the highest and lowest $1.00 increment.
• If the underlying futures price is greater than $25.00 per troy ounce, ± 40 ATM strikes will be listed in intervals of $.25 and forty strikes will be listed in $1.00 increments above and below the highest and lowest $.05 increment ; and10 strikes will be listed in $1.00 increments above and below the highest and lowest $1.00 increment.

   

In addition, Silver options will be listed on the nearest five of the March, May, July, September, and December futures maturities. The nearest of the January, February, April, June, August, October, and November maturities shall be listed for trading for a period of two months from the current listed maturity. Additionally, the July and December maturities shall be listed for sixty months from the current listed maturities.

  Reduction of the Strike Increments in Treasury Note Options
Effective Sunday, December 4 (trade date Monday, December 5), CME Group will reduce strike price increments of standard options on 2-Year and 5-Year Treasury Note futures. Please note that these standard options include weekly, serial, and quarterly options. These changes will go into effect beginning with the options on March 2012 futures and thereafter on CME Globex as follows:

• 5-Year Treasury strike increments will be reduced from 1/2 to 1/4 of one price point.
• 2-Year Treasury strike increments will be reduced from 1/4 to 1/8 of one price point.
  • To determine the full strike price customers must postpend “5” to all 2-Year Treasury strike prices when using tag 202-StrikePrice.

CME Group recommends all system providers use tag-202 Strike Price to determine strike price.

With these changes, the listing rules will be expanded from ATM ± fifteen to ATM ± thirty for all trading maturities.

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

These changes are available in New Release for customer testing.

  New Product Name and Symbol for Eurodollar Mid-Curve Options
Effective Sunday, December 11 (trade date Monday, December 12), the 5-Year MidCurve options will be renamed 4-Year Mid-Curve options. The product symbol and the FIX tag 55-Symbol will also be changed to (tag 1151-SecurityGroup=GE4, tag 55-Symbol=E4) from (tag 1151-SecurityGroup=GE5, tag 55-Symbol=E5). This change will introduce a consistent naming and symbol convention for Eurodollar Mid-Curve options on CME Globex.

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

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