CME Globex Notices: April 29, 2013

Bursa Malaysia Derivative Berhad New External Instrument Naming Convention
Effective Sunday, June 2 (trade date Monday, June 3), Bursa Malaysia Derivative Berhad (BMD) will introduce a new external instrument naming convention for futures, options and spreads listed on CME Globex. This change will make these products easier to support by aligning the convention with that of CME Globex.

The Client Impact Assessment with details on these changes is now available  online.

To facilitate these changes, customers are asked to cancel all Good 'Till Cancel (GTC), Good 'Till Date (GTD) and User-Defined Spread (UDS) orders for all contracts after their close on Friday, May 31. The CME Globex Control Center (GCC) will cancel all remaining GTC, GTD orders and eliminate all UDS orders for BMD products after market close on Friday, May 31.

The new BMD instruments are now available for customer testing in New Release.

CME Group recommends that customers purge and re-load their instrument databases on Sunday, June 2.

Interest Rate Intercommodity Spreads
Effective this Sunday, May 5 (trade date Monday, May 6), a new Interest Rate Intercommodity Spread type (tag 762-SecuritySubType=DI) will be introduced on CME Globex. With this launch, the 762-SecuritySubType value for the following intercommodity spreads will be modified from IS to DI and implied functionality will be enabled.

In addition, a new futures intercommodity implied spread will be listed for trading on CME Globex.

Detailed description of Inter-Commodity Implied spread type is available  online.

The new spread type and new intercommodity spread is currently available in New Release for customer testing.

Streamlined FIX/FAST for Block Trades
Starting on Sunday, May 12, 2013, CME Group will begin disseminating Block Trade market data via streamlined FIX/FAST. A Block Trade is a privately negotiated futures or option on futures transaction that is executed apart from the public auction market and that is permitted in designated contracts subject to specified conditions.

Streamlined FIX/FAST is an optimized version of the FIX/FAST market data format for non-actionable price data. Streamlined FIX/FAST has a dedicated message specification distinct from the CME Globex FIX/FAST format and new templates.

Block Trade market data is currently available in New Release for customer testing. An optional AutoCert+ Test Suite will available at the beginning of April. The availability of the new AutoCert+ Test Suite will be announced via the CME Globex and Market Data Notices.

Detailed information for streamlined FIX/FAST market data for Block Trades is available  online. Information on the new channel will be available in the config.xml file on Sunday, April 28.

Block Trade market data is fee-liable. For additional details, please contact the  Information Products Management at 312 634 8395.

Self-Match Prevention
Effective June 2013, CME Globex will launch Self-Match Prevention functionality.

This new opt-in service will prevent orders with the same Self-Match Prevention Identifier (SMP ID) and Executing Firm ID from trading against each other.

This launch introduces new iLink tags and values. Detailed information, including messaging impacts and launch schedules, is available in the  Client Impact Assessment.

Customers are required to register to obtain their SMP ID(s) via the  Firm Administrator Dashboard interface starting June 3, 2013.

Customer certification is not required, but CME Group strongly recommends all system providers test these changes thoroughly in New Release.

A   Frequently Asked Questions (FAQ) guide is now available.

Please contact your  Global Account Manager with any questions or concerns at 312-634-8700, in Europe at 44-20-3379-3754 or in Asia at 65-6593-5574 for additional information.

CME Europe on CME Globex
Pending regulatory recognition, CME Europe markets will be available via CME Globex for iLink order routing and market data in Q3 2013. Only non-US customers are eligible to trade on CME Europe. Eligible customers who would like to trade CME Europe products must establish all appropriate agreements and accounts to be authorised to trade CME Europe products and clear through CME Clearing Europe.

The launch includes the following impacts:

• New tag value to identify the exchange
• New products in FX Futures
• New market data channels to disseminate market data
• New streamlined Fix/Fast market data to publish block information

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

A new CME Europe mandatory certification suite is currently available in AutoCert+. Customer systems that plan to support CME Europe via CME Globex must complete this certification.

The implementation is currently available in New Release for customer testing.

Please contact your  Global Account Manager for further information.

Variance Futures
The launch of Variance futures scheduled for Sunday, April 28, 2013 has been postponed. A new launch date will be announced via the CME Globex and Market Data notices.

Variance futures are based on the realized volatility of an underlying asset squared. Unlike most futures, the direction of these price changes in the underlying asset is irrelevant to the value of the Variance futures. These futures derive their value from the magnitude of the changes in price of the underlying assets, irrespective of their direction. Upon launch, these underlying assets include 4 currencies, 3 energy, and 2 metals products.

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

Iron Ore 62% Fe, CFR China (TSI) Futures
Effective Sunday, May 12 (trade date Monday, May 13),   Iron Ore 62% Fe, CFR China (TSI) futures and calendar spreads (tag1151-SecurityGroup= TIO, tag 55-Symbol=ST) will be listed on CME Globex.

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

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

 Renewable Identification Number Futures
Effective Sunday, May 12 (trade date Monday, May 13), the following Renewable Identification Number (RIN) futures will be listed for trading on CME Globex.

These futures will be available for customer testing in New Release on Monday, May 6.

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

 FIX tag 1147-UnitofMeasureQty Changes for Power Futures & Options
Effective Sunday, May 12 (trade date Monday, May 13), the values in FIX tag 1147 UnitOfMeasureQty will be modified for power futures and options. In addition, tag-311 UnderlyingSymbol will also be modified for select options.

These changes will be available in New Release for customer testing on Monday, May 6.

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

 Henry Hub Natural Gas European Financial Options Strike Price Listing Changes
Effective Sunday, May 12 (trade date Monday, May 13), the pre-listed strike price intervals for Henry Hub Natural Gas European Financial options (tag 1151-SecurityGroup=LNE, tag 55-Symbol=GZ) will be modified from $0.01 to $0.05 intervals for trading on CME Globex for all maturities.

With this change, $.01 strike price intervals will be delisted from CME Globex for strikes without open interest.

This change will be available in New Release for customer testing on Monday, May 6.

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

FIX tag 55-Symbol Changes for E-mini S&P Select Sector Futures
Effective Sunday, May 19, the FIX tag 55-Symbol values for the following for S&P Select Sector futures will be changed as follows:

Market Data Platform channels will not be impacted.

To facilitate these changes, customers are asked to cancel all Good 'Till Cancel (GTC) and Good 'Till Date (GTD) orders for the impacted futures and futures spreads after their close on Friday, May 17. After 16:00 CT on Friday, May 17, all remaining GTC and GTD orders for these products will be cancelled by the CME Group Global Command Center (GCC).

These changes will be available in New Release for customer testing on Monday, May 6.

 Operational Minimum Tick Change for EUR/CHF, EUR/GBP, and EUR/JPY Futures Calendar Spreads
Effective Sunday, May 19 (trade date Monday, May 20), the minimum tick increment will change for the following futures calendar spreads.

This is an operational change only and under CME Rules 30301.D.Price Increment, 30601.D.Price Increments and 30401.D Price Increments, intra-currency spreads have been allowed on CME Globex at half-ticks.

These changes will be available for customer testing in New Release on Monday, May 6.

CME Globex London Hub Update
CME Group will be expanding its CME Globex London Hub infrastructure to include a new point of presence (PoP) to the Equinix London Slough datacenter. Starting in May 2013, CME Group will begin accepting cross connection orders to the new data center. Customers may select from the following connectivity options.

• Customers located within the Equinix London Slough datacenter will have the ability to order 1 G single-mode fiber cross connects.
• Customers non located in the Equinix London Slough datacenter will have the ability to order 100 Mbps copper or 1 G single-mode fiber cross connects.

Please contact your  EMEA Global Account Manager at +44 203 379 3754 for additional information.