CME Globex Notices: December 10, 2012

Configuration File Maintenance
Effective Sunday, January 13, 2013, CME Group will perform maintenance on the FIX/FAST config.xml files at  ftp.cmegroup.com for all CME Globex environments.

The maintenance will include the removal of Source IP addresses that are no longer in use. The new config.xml will be available for customers to download on Sunday, January 13, 2013.

Aluminum MW U.S. Transaction Premium (Platts) Futures
Effective this Sunday, December 16 (trade date Monday, December 17), the Aluminum MW U.S. Transaction Premium (Platts) futures (tag-1151 SecurityGroup=AUP, tag 55-Symbol=ST) will be listed for trading on CME Globex.

Each contract is 55,116 lbs (25MT) and priced in US dollars and cents per pound and based on the monthly average of Platts Aluminum MW US Transaction Premium Assessment. It is design to help North American Aluminum commercial market participants to hedge their Aluminum Midwest premium risk exposure.

The Aluminum MW U.S. Transaction Premium (Platts) futures are currently available for customer testing in New Release.

This contract is listed with, and subject to, the rules and regulations of COMEX.

Energy Futures and Options
Effective this Sunday, December 16 (trade date Monday, December 17), 352 energy futures and options will be listed for trading on CME Globex pending regulatory review periods. A complete list of product names and codes are available  online.

Settlement prices will be published for the synthetic futures to support customer options pricing models.

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

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

Emission Options
Effective Sunday, January 13, 2013 (trade date Monday, January 14), the following emission options will be listed for trading on CME Globex.

The options will be available for customer testing in New Release on Monday, January 7, 2013.

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

Standard-Size and E-micro USD/Offshore RMB (CNH) Futures
Effective Sunday, February 24, 2013 (trade date Monday, February 25), standard-size and E-micro USD/Offshore RMB (CNH) futures will be listed for trading on CME Globex.

These futures feature physical delivery of Chinese Renminbi in Hong Kong (CNH), priced in interbank terms of Chinese Renminbi per U.S. dollar and associated daily settlement variation banked in Chinese Renminbi offshore in Hong Kong. The new CME USD/CNH futures will help international market participants hedge their U.S. dollar risk exposure to the deliverable Chinese currency.

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

This contract is listed with, and subject to, the rules and regulations of CME.

Listing Cycle Expansion for European-style Weekly S&P 500 and E-mini S&P 500 Options
Effective this Sunday, December 16 (trade date Monday, December 17), the listing cycle for European-style weekly options on the S&P 500 and the E-mini S&P 500 will be expanded to list four consecutive weekly options. Currently, the listing cycle is list three consecutive weekly options.

This change will be available for customer testing in New Release on Monday, December 10.

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

Match Algorithm Change for 10-Year Treasury Note Futures Calendar Spreads
Effective Sunday, January 6, 2013 (trade date Monday, January 7), the CME Globex match algorithm for the 10-Year Treasury Note futures calendar spreads will be modified to a 20% FIFO/80% Pro-Rata split, pending regulatory review periods. Currently, the match algorithm is 100% Pro-Rata.

The match algorithm effective for every CME Globex product is defined in the  CME Globex Product Reference in the  Client Systems Wiki.

The 10-Year Treasury Note futures calendar spreads with the modified match algorithm will be available for customer testing in New Release on Monday, December 17, 2012.

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

Implied Calendar Spreads on Energy Futures
Effective Sunday, January 6, 2013 (trade date Monday, January 7), the following implied calendar spreads will be listed on CME Globex for the first six maturities for all combinations:

These spreads will be available for customer testing in New Release on Monday, December 17.

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

CME Globex Equity Index Circuit Breaker and Daily Price Limit Changes for Futures and Options
Effective Sunday, February 3, 2013 (trade date Monday, February 4), changes to  circuit breaker methodology and price limits will be introduced on CME Globex for Equity Index futures and options, pending regulatory review periods.

Currently, price limits are established on a quarterly basis based upon the average closing price of the lead month futures contract in December, March, June and September. With this change, the width of the equity index futures price limit band will be calculated daily, based on the underlying cash equity index.

Customers are strongly encouraged to utilize the FIX/FAST Security Status (tag 35-MsgType=f) messages to obtain the daily price limits (tag 332-HighPx; tag 333-LowPx) to avoid the rejection of orders that breach price limit thresholds.

Customers may also obtain the daily price limits from the Security Definition (tag 35-MsgType=d, tag 1149-HighLimitPrice and 1150-LowLimitPrice) messages on the instrument replay feed.

These changes will be available for customer testing in New Release on Monday, December 17.

If you have any questions, please contact the  CME Global Command Center in the U.S. at +1 312 456 2391, in Europe at +44 20 7623 4708 or in Asia at +65 6223 1357.

Revised CME Globex Messaging Efficiency Program
Pending all relevant regulatory review periods, effective January 2, 2013, CME Group will revise the CME Globex Messaging Efficiency Program (“Program”) to more effectively target messaging that can negatively impact system performance, impair efficient access to the market and create unnecessary infrastructure and processing costs for market participants. Under the revised Program, CME Group will apply the Product Group Benchmarks at the executing firm level rather than at the clearing firm level.

Additionally, the revised Program includes messaging tiers and expanded Product Group Benchmarks as well as a refined appeals process for messaging surcharges.

Starting in October 2012, CME Group will begin distributing executing firm level messaging statistics to allow sufficient time for appropriate adjustments in messaging practices in advance of the revised Program becoming effective. Enforcement of the revised Program will begin trade date January 2, 2013. Please note that CME Group will continue to enforce the existing Program through December 31, 2012.

Under the revised Program, exceeding the established Product Group Benchmarks will result in executing firm surcharges of $1,000 per product group, per day. As a result, CME Group strongly encourages executing firms and their customers to evaluate their messaging practices to ensure compliance with the revised Program.

Detailed information on the CME Globex Messaging Efficiency Program is available  online.

For additional information, please contact your  Global Account Manager in the U.S. at +1 312 634 8700, in Europe at +44 203 379 3754, or in Asia at +65 6593 5574.

CME Group Regional Failover Mock Trading Session
On Saturday, January 26, 2013, CME Group will conduct a Regional Failover customer mock trading session. The mock trading session is designed to allow customers to test connectivity to the  New York Data Center (NYDC) in the case of a regional event that affects the Chicago metropolitan area. During the regional failover mock, customers who are on the CME Group network and who connect to CME Group from outside the Chicago metropolitan area will automatically be rerouted to the NYDC.

An  overview of the mock trading session is now available. Customers must register  online to participate.

Please contact your  Global Account Manager in U.S. at 312-634-8700, in Europe at 44-203-379-3754, or in Asia at 65-6593-5574 for further information.