• Market Data Notices: May 02, 2011

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      • Market Data Notices
      • #
      • 20110502
      • Notice Date
      • 02 May 2011
    • Topics in this issue include:
      New Functionality
      Product Launches
      Product Changes
      S&P Launches and Changes
      Events and Announcements


      New Functionality

      S&P Indexes via Streamlined FIX/FAST
      In late Q2 2011, CME Group is launching streamlined FIX/FAST, a new version of the FIX/FAST market data format, optimized for non-actionable price data. The initial launch of streamlined FIX/FAST will support S&P Indices market data. Streamlined FIX/FAST has a   dedicated message specification distinct from the CME Globex FIX/FAST format and a new template.

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

      To ensure S&P customers currently receiving ITC 2.1 market data have sufficient time to develop, certify (if applicable), and deploy the streamlined FIX/FAST solution, ITC 2.1 market data format will continue to be disseminated for approximately 5 months following the streamlined FIX/FAST launch.

      Effective Monday, May 9, 2011, new functionality will only be implemented on streamlined FIX/FAST. Index launches will be supported on both ITC 2.1 and the new streamlined FIX/FAST.

      Streamlined FIX/FAST will be available in New Release for customer testing on Monday, May 9, 2011.

      Detailed information for S&P Indices via streamlined FIX/FAST is available online in the   Client Impact Assessment.


      MexDer Markets via CME Globex
      In early Q3 2011, MexDer, Mercado Mexicano de Derivados markets will be available via CME Globex for iLink order routing and FIX/FAST market data. CME Group customers who would like to trade MexDer products must establish all appropriate agreements and accounts to be authorized to trade MexDer products. 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 MexDer markets.

      Please contact your   Global Account Manager for further information.

       

      MexDer market data via CME Globex will utilize a new FIX/FAST template. The new template is currently available in New Release. A new mandatory certification suite will be available Monday, May 2, in AutoCert+ for customer systems planning to support MexDer via CME Globex.

      MexDer markets via CME Globex will be available in New Release starting Monday, April 25.

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

      Product Launches

      NEW ISO New England Internal Hub Peak LMP Option on Calendar Futures Strip
      Effective this Sunday, May 15 (trade date Monday, May 16), the ISO New England Internal Hub Peak LMP option on calendar futures strip will be listed for trading on for open outcry trading and for clearing through CME ClearPort.

      Please view the   New Product Summary.


      NEW Mini Japan Naphtha (Platts) BALMO Swap Futures
      Effective this Sunday, May 15 (trade date Monday, May 16), CME Group will list Mini Japan Naphtha (Platts) BALMO Swap futures for trading on open outcry trading and for clearing through CME ClearPort.

      Please view the   New Product Summary.


      NEW TC12 Freight Contracts
      Effective this Sunday, May 15 (trade date Monday, May 16), CME Group will list the following tanker freight contracts for trading on open outcry trading and for clearing through CME ClearPort:

      • Freight Route TC12 (Baltic) Swap Futures
      • Freight Route TC12 (Baltic) Forward

      Please view the   New Product Summary.


      10-Year Sovereign Yield Spread Futures
      Effective Sunday, May 22 (trade date Monday, May 23),   CME 10-Year Sovereign Yield Spread (Sovys) futures will be listed for trading on the CME Globex platform.

      Based on pair-wise spreads of government bond yields of France, Germany, Italy, the Netherlands, UK and the U.S., 10-Year Sovys futures wrap a sovereign yield spread into a single futures contract. 10-Year Sovys futures make trading and monitoring of sovereign bond spread exposures simpler, more cost-effective, and more efficient than ever before.

       

      Please view the   New Product Summary.


      Weekly Corn Soybeans, and Wheat Options
      Effective Sunday, May 22 (trade date Monday, May 23),   Weekly Corn, Soybean, and Wheat options will be listed for trading on CME Globex and open outcry.

      Please view the   New Product Summary.

      Product Changes

      NEW Amendment to Minimum Price Fluctuation for the Singapore Gasoil (Platts) vs. ICE Gasoil Swap Futures
      Effective trade date Monday, May 16, 2011, CME Group will implement a change to the Singapore Gasoil (Platts) vs. ICE Gasoil Swap Futures contract (commodity code GA) in order to accommodate for a 3-decimal point price ($0.001 per barrel) and provide greater price accuracy per barrel. This contract is listed for trading on the NYMEX trading floor and for clearing through CME ClearPort.


      NEW Expansion of Russian Ruble Options Strike Price Listings
      Effective Sunday, May 22 (trade date Monday, May 23), CME Group will increase the number of Russian Ruble options strike price listings for RUB/USD options (tag 1151-SecurityGroup=6R) for trading on CME Globex.

      CME Group will increase the number of Russian Ruble options strike price listings from ± 8 ATM to ± 25 ATM from the strike prices nearest the previous day’s settlement price.

      The expanded strike price listing will be available for customer testing in New Release Monday May 9.


      NEW NASDAQ Indexes Dissemination
      Effective close of business June 3, 2011, CME Group will cease the dissemination of real-time values via Market Data Platform channel 3 for the following indexes:

       

      • NASDAQ Biotechnology Index - BQX
      • NASDAQ Composite Index - QCX
      • NASDAQ-100 Index - IQX

      In order to continue receiving real-time values for these indexes, customers will need to contact   NASDAQ OMX Global Data Products at +1 301 978 5307 or +45 33 93 33 66 directly in order to subscribe to NASDAQ OMX Global Index Data Service (GIDS).


      NEW Operational Minimum Tick Change for EUR/CHF, EUR/GBP, and EUR/SPY Futures Calendar Spreads
      Effective Sunday, June 5 (trade date Monday, June 6), 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.

      Minimum Tick Change for Euro/FX Swiss Franc, Euro/ FX British Pound, and Euro/FX Japanese Yen Futures Calendar Spreads

      Product Tag 1151–SecurityGroup Tag 55–Symbol Current Tick Tag 969-MinPriceIncrement New Tick Tag 969-MinPriceIncrement
      EUR/CHF RF XR .0001 .00005
      EUR/GBP RP .00005 .000025
      EUR/JPY RY .01 .005

      To support these spreads with smaller tick increments than the outright legs, tag 762 will change to a RT from the current value of SP. Details on spread types are available in the   Electronic Trading Concepts.

      These changes will be available for customer testing in New Release on May 23, 2011.


      NEW E-mini MSCI Index Futures Delisting
      Effective close of business Friday, June 17 2011, the following E-mini MSCI Index futures will be delisted:

      • E-mini MSCI Emerging Markets Index futures (tag 1151-SecurityGroup=EMI)
      • E-mini MSCI EAFE Index futures (tag 1151-SecurityGroup=EFE)
      S&P Launches and Changes

      New S&P Real-time Indexes
      Effective this Monday, May 23, CME Group will begin disseminating the new indexes detailed below. These indexes will be transmitted every 15 seconds, via channel 109 of CME’s MDP.

      New S&P Real-time Indexes

      Index
      Name
      MDP
      Ticker
      S&P Display
      Codes
      Currency Dissemination
      Times
      Fee
      Liable
      S&P 500
      Banks
      (Industry Group)
      BIX SPXBK USD 8:30- 16:30
      Central Time
      XF
      S&P 500
      Chemicals
      (Industry)
      CMX SPXCM USD 8:30- 16:30
      Central Time
      XF
      S&P 500
      Health
      Care (Sector)
      HCX SPXHC USD 8:30- 16:30
      Central Time
      XF
      S&P 500
      Insurance
      (Industry Group)
      IUX SPXIN USD 8:30- 16:30
      Central Time
      XF
      S&P 500
      Retailing
      (Industry Group)
      RLX SPXRT USD 8:30- 16:30
      Central Time
      XF
      S&P Midcap
      400 Growth
      MGD SPMG USD 8:30- 16:30
      Central Time
      XF
      S&P Midcap
      400 Pure
      Growth
      MPG SPMPG USD 8:30- 16:30
      Central Time
      XF
      S&P Midcap
      400 Pure
      Value
      MPV SPMPV USD 8:30- 16:30
      Central Time
      XF
      S&P Midcap
      400 Value
      MUV SPMV USD 8:30- 16:30
      Central Time
      XF
      S&P 500
      Pure Growth
      XPG SPXPG USD 8:30- 16:30
      Central Time
      XF
      S&P 500
      Pure Value
      XPV SPXPV USD 8:30- 16:30
      Central Time
      XF
      S&P Smallcap
      600
      Growth
      CKG SPSG USD 8:30- 16:30
      Central Time
      XF
      S&P Smallcap
      600 Pure
      Growth
      SPG SPSPG USD 8:30- 16:30
      Central Time
      XF
      S&P Smallcap
      600 Pure
      Value
      SPV SPSPV USD 8:30- 16:30
      Central Time
      XF
      S&P Smallcap
      600 Value
      CVK SPSV USD 8:30- 16:30
      Central Time
      XF
      S&P CI CMI SPCI USD 8:30- 16:30
      Central Time
      XF
      S&P TMI TMI SPTMI USD 8:30- 16:30
      Central Time
      XF
      Events & Announcements

      CME Co-Location Services Capacity Update Reminder
      As our valued customer, we would like to update you on the capacity status of CME Co-Location Services, for our Phase 1 launch.

      If you are interested in applying for space at CME Group's co-location facility and haven't already done so, CME Group is now accepting requests for space. Requests submitted will be reviewed on a first come, first serve basis based on available capacity at the time of the request.

      Additionally, please note, if you are interested in participating in our Phase 1 launch, all contracts must be submitted by May 16, 2011.

      To request legal and product related materials, or for additional information, please contact your   Global Account Manager at 312-634-8700, in Europe at 44-20-7796-7100, or in Asia at 65-6593-5574.


      NEW Indxis Market Data Dissemination via Market Data Platform
      Starting June 06, 2011, CME Group will begin disseminating indexes on the behalf of the index service provider   Indxis through our Market Data Platform (MDP) channel 220 in Indxis version of ITC 2.1 Specifications. Production IPs and ports are available   online.

      Indxis, a wholly owned subsidiary of Mergent Inc., offers a comprehensive suite of index services, including index calculation, real time data dissemination, index maintenance, administration, licensing, back testing and custom software development. Mergent and Indxis licensed investment products have more than $10 billion in assets under management, and are offered by major investment firms worldwide. The Indxis index calculation platform is the chosen platform for some of the world’s largest index companies and exchanges, and has a proven history of calculating and disseminating some of the world’s most recognizable indexes. Learn more, at www.indxis.com.

      For additional information regarding Indxis, please contact   webform@indxis.com or   londonops@indxis.com.