• CME Globex Notices: December 26, 2011

      • To
      • CME Globex Customer
      • From
      • Global Account Management
      • #
      • 20111226
      • Notice Date
      • 26 December 2011
    • Topics in this issue include:
      New Functionality
      Product Launches
      Product Changes
      Events and Announcements
      New Functionality

      iLink Enhancements for BM&FBOVESPA via CME Globex
      Effective for Sunday, February 5, 2012, a number of iLink enhancements will be launched for the Brazilian Mercantile and Futures Exchange/Sao Paulo Stock Exchange (BM&FBOVESPA) order routing solution.

      These enhancements include:

      • New supported order types for BM&FBOVESPA markets
      • New supported FIX tags
      • Updated functionality

      Customer mock trading sessions will be offered Saturday, January 28 and February 4. More information will be available in the CME Globex Notices.

      The client impact assessment is now available  online. The enhancements are currently available for customer testing in New Release.

      Product Launches

       NEW NYMEX Brent 25-Day (Platts) Intercommodity Spreads
      Effective Sunday, January 15, 2012 (trade date Monday, January 16), the following intercommodity NYMEX Brent 25-Day (Platts) futures spreads will be listed for trading on CME Globex.

      NYMEX Brent 25-Day (Platts) Intercommodity Spreads

      Product tag 1151-SecurityGroup tag 55-Symbol tag 762-SecuritySubType
      Crude Oil vs. NYMEX Brent 25-Day (Platts) Intercommodity Spread CL FB IS
      Brent Crude Oil Last Day Financial vs. NYMEX Brent 25-Day (Platts) Intercommodity Spread BZ
      RBOB Gasoline vs. NYMEX Brent 25-Day (Platts) Crack Spread NBZ FB C1

      The new intercommodity spreads will be available for customer testing in New Release on Monday, January 9.


      Crude Oil Financial and RBOB Gasoline Financial Futures
      Effective Sunday, January 22 (trade date Monday, January 23), Crude Oil Financial and RBOB Gasoline Financial futures will be listed for trading on CME Globex.

      Crude Oil Financial and RBOB Gasoline Financial Futures

      Futures tag 1151-SecurityGroup tag 55-Symbol
      Crude Oil Financial WS WS
      RBOB Gasoline Financial RT

      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.


      New York Ultra Low Sulfur Diesel Financial Futures and Options
      Effective Sunday, January 22 (trade date Monday, January 23), the New York Ultra Low Sulfur Diesel (ULSD) Financial futures and options will be listed for trading on CME Globex.

      New York Ultra Low Sulfur Diesel Financial Futures and Options

      Product tag 1151-SecurityGroup tag 55-Symbol (Outrights) tag 55-Symbol (UDS)
      NY ULSD Financial Futures ULS UD
      NY ULSD Options ULO U1 U2
      NY ULSD European Options ULE

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

      These products will be available for customer testing in New Release on Monday, January 9.

      Product Changes

      Butterfly Spreads for DME Oman Crude Oil Futures Contract
      Effective Sunday, January 22 (trade date Monday, January 23), butterfly spreads will be listed on CME Globex for the DME Oman Crude Oil futures (tag 1151-SecurityGroup=OQD).

      Six butterfly spreads will be available upon launch.

      Butterfly spreads consist of three instruments within the same product and with equally distributed maturity months (e.g., F2-G2-H2). Further details are available in the   Electronic Trading Concepts. Butterfly spreads are identified with BF in tag 762-SecuritySubType in the Security Definition (tag 35-MsgType=d) message. DME Oman Crude Oil butterfly spreads will not support implied functionality.

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

      DME Oman Crude Oil butterfly spreads will be available for customer testing in New Release on Monday, January 9.


      Additional Listings for In Delivery Month European Union Allowance (EUA) Futures
      Effective Sunday, January 22, (trade date Monday, January 23), the following December maturities in GreenX In Delivery Month European Union Allowance (EUA) Futures (tag 1151-SecurityGroup=EAF) will be listed on Green Exchange and available via CME Globex.

      • December 2016
      • December 2017
      • December 2018
      • December 2019
      • December 2020

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

      Events & Announcements

      CME Globex and Data Center Access Fees Billing Update
      Effective this Sunday, January 1, 2012, CME Group will begin the billing cycle for CME Globex and Data Center access fees starting on the date the circuit has been accepted by CME Group. Currently, the billing cycle begins on the first day of the month following acceptance by CME Group.


      BM&FBOVESPA and MexDer Market Availability on January 2, 2012
      This Monday, January 2, 2012, CME Globex will be available for North- to- South order routing customers for BM&FBOVESPA and MexDer markets.

      Per normal procedures, please contact BM&FBOVESPA or MexDer Control Centers directly for support. The CME Globex Control Center will be closed until 2:00 p.m. Central time (CT).

      • BM&FBOVESPA Control Center: 55 11 2565 5333
      • MexDer Control Center: 52 55 5342 9447

       NEW CME Globex Port Closure Policy
      If the CME Globex Control Center (GCC) detects iLink session messaging behavior that may be detrimental to the CME Globex marketplace and this behavior is not corrected in a timely manner, the GCC will take action to close the port for the iLink session and protect the best interest of the Exchange. The GCC will make a best efforts attempt to reach a registered contact for the firm, either before or after the port closure.

      Once the port is closed, all working orders previously entered through the iLink session will continue to work. If the sessions are COD ( Cancel on Disconnect) enabled, then the COD functionality will cancel all day and sessions orders. Due to the port closure, only Firmsoft access or a registered contact calling the GCC will afford the trading entity the ability to cancel those working orders.

      To minimize the potential for such a development, CME Group strongly encourages all executing firms to properly monitor administrative and business level rejects and to ensure that order entry systems have proper order reject handling capabilities. In addition, CME Group encourages proper registration of contacts with the GCC through Firm Administrators.

      Effective Sunday, January 15, 2012, firms will be subject to a $500 port maintenance charge for negligent iLink Session ID messaging which results in the closure of an iLink Session ID port by CME Group.

      If you have any questions, please contact the   CME Globex Control Center at 312-456-2391, in Europe at 44-20-7623-4708 or in Asia at 65-6223-1357.