Market Data Notices: May 30, 2011

Network Time Protocol (NTP) Server Decommission
As a part of the expansion of CME Globex to Data Center 3, CME Group deployed new Network Time Servers. Customers who utilize the NTP synchronization service from CME Group are required to update their NTP configurations to the following NTP servers. These changes can be made at anytime. If the NTP configuration is not updated, customers may not be synchronized to CME clock source.

Customers should update their configuration to utilize the following NTP servers.

• 09.133.24.7
• 205.209.218.172
• 205.209.218.173

The following CME Network time Protocol (NTP) servers located at Data Center 1 will be decommissioned effective Friday, June 10, 2011:

• 65.164.7.70
• 65.164.7.71

Details on the Network Time Protocol Sever are available in the   Production Network Connectivity Guide.

S&P Indexes via Streamlined FIX/FAST
On Monday, June 13, 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 is currently available in New Release for customer testing.

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.

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 are currently available in New Release for customer testing.

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

CAISO SP15 EZ Gen Hub 5 MW Peak Calendar-Month Day-Ahead LMP Swap Option
Effective this Sunday, June 5 (trade date Monday, June 6), CME Group will list a California ISO electricity option contract on open outcry and for submission for clearing through CME ClearPort.

Please view the   New Product Summary.

Singapore Gasoline Crack Spreads
Effective this Sunday, June 5 (trade date Monday, June 6), CME Group will list two Singapore Gasoline Crack Spread Swap futures contracts on open outcry and for submission for clearing through CME ClearPort.

Please view the   New Product Summary.

Corn and Soybean VIX Cash Index
Effective this Monday, June 6, 2011, CME Group will begin disseminating the following cash via the Market Data Platform (MDP) channel 100:

• Corn VIX Cash Index - CIV
• Soybean VIX Cash Index - SIV

Trade At Marker (TAM) Futures
Effective Sunday June 12, 2011, (trade date Monday, June 13), CME Group will introduce Trade At Marker (TAM) futures on CME Globex pending receipt of required regulatory approvals. TAM futures are similar to the existing Trade At Settlement (TAS) products, where customers can trade at a differential to a not-yet-known price. For TAS, the not-yet-known price is the end-of-day settlement price; for TAM, it is a “marker” price.

For any given product, there may be more than one marker available to trade. This launch includes a 4:30 p.m. London GMT time marker to correspond with the London market close and allow market participants to trade relative to the Exchange calculated marker price.

In the same way TAS uses “0” to represent the unknown settlement price and trades ± 10 ticks, TAM uses “0” to represent the price at the time of the marker and trades at ± 10 ticks.

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

Please view the  New Product Summary.

The TAM marker prices will be disseminated via the  Market Data Platform NYMEX ITC channel.
Effective Sunday, June 19 (trade date Monday, June 20), 30-Day Federal Funds Mid-Curve options will be listed for trading on CME Globex and open outcry. The new Fed Funds Mid-Curve options are short-dated options on deferred Fed Funds futures that will expire on the last trading date of their expiration month, with reference to the daily settlement price of the underlying Fed Funds futures contract.

30-Day Federal Funds Mid-Curve Options

Please view the  New Product Summary.

 4 Singapore Fuel Oil Futures
Effective this Sunday, June 19 (trade date Monday, June 20), CME Group will list the following petroleum futures contracts on open outcry and for submission for clearing through CME ClearPort.

• Singapore Fuel Oil 180 cst (Platts) 6.35 Dubai Crack Spread Swap Futures
• Singapore Fuel Oil 380 cst (Platts) 6.35 Dubai Crack Spread Swap Futures
• Singapore Fuel Oil 180 cst (Platts) 6.35 Brent Crack Spread Swap Futures
• Singapore Fuel Oil 180 cst (Platts) 6.35 Dubai Crack Spread BALMO Swap Futures

Please view the  New Product Summary.

Delisting of a Petrochemical Future
Effective with the close of business this Friday, June 3, 2011, CME Group will delist the Mont Belvieu Ethylene (PCW) futures (1F) contract. This contract has no open interest and will be delisted from the NYMEX trading floor and CME ClearPort.

FIX tag 55-Symbol Changes for Energy Futures and Future Spreads – Postponed
 

The FIX tag 55-Symbol changes, originally scheduled for Sunday, June 5, 2011, have been postponed.

The New Release environment will be updated to match the production tag 55-Symbol values on Monday, June 6, 2011.

 Dynamic Strike Price Listing for Dairy, Livestock and Forest Product Options
In response to customer demand, dynamic strike price listing will be available for Livestock, Dairy and Forest product options on futures beginning June 6, 2011.

Dynamic strike price listing provides customers with the ability to trade in a strike price that has not previously been listed. The dynamically listed strike price must be in a proper strike interval and will be listed the first day on the open outcry platform, before being available the next business day on CME Globex.

 NASDAQ Indexes Dissemination
Effective close of business this Friday, June 10, 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).

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

• E-mini MSCI Emerging Markets Index futures (tag 1151-SecurityGroup=EMI)
• E-mini MSCI EAFE Index futures (tag 1151-SecurityGroup=EFE)
• MSCI Underlying Cash Index - EFD
• MSCI Emerging Markets - EMX

Operational Russian Ruble Options Display Factor Changes
Effective Sunday, June 19 (trade date Monday June 20), changes to Tag 9787-DisplayFactor values will be implemented for Russian Ruble options.

This is an operational change only and does not impact the current minimum price increments allowed for the Russian Ruble Options under CME Rule 260A01.C. Price Increments. Russian Ruble options outright trades continue to occur at a minimum tick of US$0.00001 per Russian ruble (= $25) and US$0.000005 per Russian ruble (= $12.50) for cabinet trades. The new Tag 9787-Display Factor specifies 0.000001, as the options price at termination as it must align with the calculation of the expiring futures final settlement price.

These changes will be available for customer testing in New Release this Monday, June 6.

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

Expansion of Listings for COMEX Gold Options
Effective Sunday, June 19 (trade date Monday June 20), CME Group will expand the contract listings for COMEX Gold options (tag1151-SecurityGroup=OG) such that options will be listed on each of the nearest twenty consecutive futures maturities. Currently options are listed on each of the nearest six consecutive future maturities. The June and December maturities are not included in this expansion and will continue to be listed for seventy-two (72) months.

The expanded listings will be available for customer testing in New Release this Monday, June 6.

Expansion of Listings for COMEX Silver Options
Effective Sunday, June 19 (trade date Monday, June 20), CME Group will expand the listing schedule for Silver options (tag 1151-SecruityGroups=SO) for trading on CME Globex as follows:

• Strike prices for the first three maturities will be at an interval of $.05 and an additional ten strike prices will be listed at $.25 increments above and below the highest and lowest five-cent increment, beginning with the strike price evenly divisible by $.25.
• All other trading maturities, strike prices are set at an interval of $.05 if the underlying futures price is less than $25.00 per troy ounce. If the underlying futures price is greater than $25.00 per troy ounce, strike prices are set at an interval of $.10 for the ± 20 ATM.
• An additional 10 strike prices will be listed at $.25 increments above the highest $.10 increment and an additional ten strike prices will be listed at $.25 increments below the lowest $.10 increment, beginning with the first available strike that is evenly divisible by $.25.

The expanded strike price listings will be available for customer testing in New Release this Monday, June 6.

Expansion of COMEX Copper Strike Price Listings
Effective Sunday, June 19 (trade date Monday, June 20), CME Group will expand the listing schedule for Copper options (tag 1151-SecurityGroup=HX) for trading on CME Globex as follows:

• Strike prices for maturities 1 through 3 will be listed at an interval of $.01 and an additional ten strike prices will be listed at $.05 increments ± the highest and lowest one-cent increment, beginning with the strike price evenly divisible by $.05.
• All other trading maturities, strike prices are at an interval of $.05 if the underlying futures price is less than $2.00 per pound. If the underlying futures price is greater than $2.00 per pound, strike prices are at an interval of $.05 for the ± 20 ATM.
• An additional 10 strike prices will be listed at $.25 increments above the highest $.05 increment and an additional ten strike prices will be listed at $.25 increments below the lowest $.05 increment, beginning with the first available strike that is evenly divisible by $.25.

The expanded strike price listings will be available for customer testing in New Release this Monday, June 6.

 Match Algorithm Change for CBOT Grain Futures Calendar Spreads
Effective Sunday, June 26 (trade date Monday, June 27), the CME Globex match algorithm for all CBOT Grain futures calendar spreads will be modified. The products will continue to utilize TOP order with a 40% FIFO/60% Pro-Rata split. However, the ‘leveling’ component of the algorithm, which assigns the residual volume to the largest orders in the book, will be replaced by a FIFO allocation.

Dow Jones Fractional Indicator Change
Effective Monday, June 27, 2011, the ITC 2.1 price fractional indicator for the following equity futures and options disseminated via MDP channel 100 will change from a fractional indicator of 0 to 2:

• $25 Dow Jones Futures (DD)
• $10 Dow Jones Futures (DJ)/(ZD)
• $10 Dow Jones Options (DJC/DJP)/(OZDC/OZDP)
• $5 Mini-Sized Dow Jones Futures (YM)
• $5 Mini-Sized Dow Jones Options (OYMC/OYMP)

Please note the ITC 2.1 strike price fractional indicator will remain 0 for the equity options.

These changes will be available for customer testing on Friday, June 4, June 10, and June 17 during the ITC 2.1 ticker test.

Discontinued S&P Real-time Indexes
Effective Friday, June 3,at the close of business the following S&P Indexes will be discontinued:

New S&P Real-time Indexes
Effective this Monday, June 6, CME Group will begin disseminating the new indexes detailed below. These indexes will be transmitted every 15 seconds.

 New S&P Real-time Indexes
Effective Monday, June 13, CME Group will begin disseminating the new indexes detailed below. These indexes will be transmitted every 15 seconds.

Indxis Market Data Dissemination via Market Data Platform
Starting this Monday 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.