Market Data Notice: May 14, 2012

  FIX/FAST Operators Release
Based on customer feedback, the removal of the operators from CME FX futures channels 11 and 60 in the production environment, previously scheduled for Sunday, June 3, has been postponed to Sunday, July 1. On Sunday, June 3, 2012, these operators will be removed from the streamlined FIX/FAST Eris Exchange channel 190 in the production environment. The new template and updated messages will be available in New Release this Monday, May 21, and the new template will be available in Production this Sunday, May 20.

The life cycle of the FIX/FAST protocol, including streamlined FIX/FAST, is rapidly approaching its end as an industry standard in the United States. The OPRA connected exchanges are eliminating FIX/FAST entirely by the end of this year. Given the increased availability of bandwidth as well as high speed connections such as co-location, compression has become less critical. In the short term, we are removing certain field operators (copy, default, delta and increment) from our data feed. In the longer term, CME Group continues to evaluate a next generation market data protocol.

These operators will be removed from all production FIX/FAST and streamlined FIX/FAST channels on the Market Data Platform by Sunday, November 4, 2012. Detailed schedules for every channel will be published in the CME Globex and Market Data Notices.

New templates will be required for the impacted channels. The new templates are currently available in New Release and Production. CME Group recommends customer systems pull the templates from the CME Group ftp site every week, prior to Sunday startup. More information on template management is available in the  Client Systems Wiki.

These changes are currently available on all FIX/FAST channels in the New Release environment.

As a result of this launch, bandwidth utilization over the Market Data Platform will ultimately increase. CME Group is contacting customers who may have over-subscription risk.

Changes to Source IPs for the Market Data Platform B Feed for Non-GLink Connections
Effective Sunday, June 17, 2012, CME Group will be changing multicast source IPs for the B feed only for non-  GLink connections. If a firewall or network device is configured with the source IP information, please correct your configuration to use the entire range of eligible addresses. Port, multicast addresses, and source IPs for each Market Data Platform channel are available in the config.xml file on the  FTP site as outlined in the Core Functionality of the  FIX/FAST SDK.

Market data will be broadcast on all CME Group FIX/FAST channels in the production environment for customer testing on Saturday, June 16. Market data will be broadcast from the new B feed source IPs.

• 8:30 - 9:00 a.m. CT: Connectivity testing
• 9:00 - 10:00 a.m. CT: FIX/FAST market data replay

As a reminder, CME Group requires that customers configure servers to connect to the Market Data Platform ports and multicast addresses for each desired channel. CME Group does not recommend restricting data flow via the source IPs, as these may change without notice.

If you have any questions or concerns, please contact your  Global Account Manager. If you experience any connectivity issues, please contact the CME Global Command Center directly at 312.456.2391.

CME Globex Performance Release
CME Group is implementing iLink and FIX/FAST infrastructure upgrades to the CME Globex electronic trading platform that will result in reduced message response times and faster market data messaging. This release is expected to significantly reduce iLink round trip times and improve FIX/FAST performance. As a result, bandwidth utilization is expected to increase by 10-20%.

This release also features iLink messaging changes. Detailed information on this launch, including impacts and launch schedules, is available in the  Client Impact Assessment.

The FIX/FAST launch will be phased in over 5 weekends, August 26 through October 7, during which the source IPs for each channel will change. The iLink launch will feature an Early Adopter period, October 7 through October 12, and a production launch Sunday, October 14. All iLink sessions must migrate to new IPs and ports in order to access the new high performance production environment.

Customers who wish to participate during the Early Adopter phase must select the sessions that will be migrated and inform their  Global Account Manager no later than Wednesday, October 3. Please note: To minimize the risk of business interruptions, CME Group strongly recommends that customers participating during the early adopter phase direct no more than 20% of their sessions to the new IPs and ports.

Customer certification is not required, but CME Group strongly recommends all system providers test these changes thoroughly in New Release. Good 'Till Cancelled and Good 'Till Date (GTC/GTD) orders will not be impacted.

Please contact your  Global Account Manager with any questions or concerns at 312 634 8700, in Europe at 44 203 379 3754, or in Asia at 65 6593 5574 for additional information.

Implied Inter-Exchange MGEX-CBOT Futures Spread
Effective this Sunday, May 20 (trade date Monday, May 21), the following implied inter-exchange MGEX-CBOT Wheat futures spread (tag1151-SecurityGroup=MWE, tag 55-Symbol=MB, tag 207-SecurityExchange=MGCB) will be listed on CME Globex.

The inter-exchange spread will use the value IS in tag 762-SecuritySubType.

The spread instrument is only sent on the inter-exchange spread channel (801). The legs are only sent on their respective market data platform channels. Further details are available in the   Product Specific Functionality.

This inter-exchange spread is available in New Release for customer testing.

Nasdaq End-of-Month Options
Effective this Sunday, May 20 (trade date Monday, May 21), the following Nasdaq End-of-Month (EOM) options will be listed for trading on CME Globex and open outcry.

Please Note: The Nasdaq 100 End-of-Month options (tag 1151-SecurityGroup=QNE) will be available for trading from Sunday 5:00 p.m. – 8:15 a.m. Central Time (CT), Monday – Thursday 3:30 p.m.-8:15 a.m. (CT) only.

With this launch, the week 5 of the Nasdaq 100 Weekly options (tag 1151-SecurityGroup=DN5) and E-mini Nasdaq 100 Weekly (tag 1151-SecurityGroup=QN5) options will no longer be listed for trading.

The Nasdaq End-of-Month options are currently available in New Release for customer testing.

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

Please view the  New Product Summary.

Bursa Malaysia Derivative Options on CME Globex
Effective this Sunday, May 20 (trade date Monday May 21), the options on FTSE Bursa Malaysia Kuala Lumpur Composite Index (KLCI) futures (tag 1151-SecurityGroup=OKLI) will be listed on CME Globex. With this contract, the spot month, the next month and the following two calendar quarterly months will be listed. Market data will be distributed on channel 23 of the Market Data Platform.

The new option is currently available in New Release for customer testing.

 Short Dated New Crop Options
Effective Sunday, June 3 (trade date Monday, June 4), Short -Dated options on New Crop Corn and New Crop Soybean futures will be listed for trading on CME Globex.

Short-Dated New Crop Options are options on December Corn and November Soybeans with earlier expiry dates than the standard options on those contracts. For each futures contract, three earlier expiring options will be listed. May, July, and September contract months will be listed for Short-Dated New Crop Options on CBOT Corn and Soybeans futures.

These options will be available in New Release for customer testing on Monday, May 21.

Please view the  New Product Summary.

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

 Canadian Crude Oil Futures
Effective Sunday, June 3 (trade date Monday, June 4), the Canadian Sweet Synthetic Oil (Net Energy) Index futures will be listed on open outcry and submission for clearing through CME ClearPort, pending receipt of required regulatory approvals.

Please view the  New Product Summary.

This contact is listed with, and subject to, the rules and regulations of NYMEX.

Black Sea Wheat Futures
Effective Tuesday, June 5 (trade date Wednesday, June 6), Black Sea Wheat futures (tag 1151-SecurityGroup=BSW, tag 55-Symbol=BW) will be listed for trading on CME Globex and submission for clearing through CME ClearPort.

Please Note: The Security Definition (tag 35-MsgType=d) will be made available on Sunday, June 2.

Black Sea Wheat futures will provide risk management and bring price discovery to the growing Black Sea region. This contract will have physical delivery at designated ports in Russia, Ukraine, and Romania.

The Black Sea Wheat futures are currently available in New Release for customer testing.

This contact is listed with, and subject to, the rules and regulations of CBOT.

Please view the  New Product Summary.

Reduction of Minimum Price Fluctuation of Petroleum Swap Futures
Effective Sunday, May 20 (trade date Monday, May 21), the minimum price fluctuation will be reduced from 0.01 to 0.001 the following Petroleum Swap futures:

• Dated Brent (Platts) Calendar Swap Futures
• European Naphtha (Platts) Calendar Swap Futures
• European 1% Fuel Oil (Platts) Cargoes FOB NWE Calendar Swap Futures
• European 1% Fuel Oil (Platts) Barges FOB Rdam Calendar Swap Futures
• European 3.5% Fuel Oil (Platts) Barges FOB Rdam Calendar Swap Futures
• Dated to Frontline Brent Swap Futures
• Brent (ICE) Calendar Swap Futures
• European Gasoil Crack Spread Swap Futures
• European Naphtha (Platts) Crack Spread Swap Futures
• European Diesel 10 ppm (Platts) Barges FOB Rdam vs. Gasoil Futures Swap
• 3.5% Fuel Oil (Platts) Barges FOB Rdam Crack Spread Swap Futures
• European Gasoil (ICE) Swap Futures

These contracts are listed for trading on the open outcry and for submission for clearing through CME ClearPort.

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

 Expansion of European-style Weekly S&P 500 and E-mini S&P 500 Options
Effective Sunday, June 3 (trade date Monday, June 4), the listing cycle for the European-style weekly options on the S&P 500 and the E-mini S&P 500 will be expanded to list 3 consecutive weekly options.

Currently, only two consecutive weekly options contracts are list at any given time.

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

These changes will be available in New Release for customer testing on Monday, May 21.

Discontinued S&P Real-time Indexes
Effective this Friday, May 18, at the close of business the following S&P Indexes will be discontinued.

 New S&P Real-time Indexes
Effective this Monday, May 21, CME Group will begin disseminating the following indexes detailed below. These indexes will be transmitted every 15 seconds.

 New S&P Real-time Indexes
Effective Monday, May 28, CME Group will begin disseminating the following indexes detailed below. These indexes will be transmitted every 15 seconds.

S&P Real-time Fee Change
Effective Monday, May 28, the S&P CNX Nifty Futures Excess Return Index (tag 55-Symbol=SPCXUE) Sub Channel Identifier will be changed from "2" Fee liable (XF) to "3“ Fee waived (XW).

Client Systems Wiki Now Available
The CME Group new   Client Systems Wiki, a user-friendly and comprehensive information repository for client system development to CME Globex is now available. The Client Systems Wiki presents technical information for order entry, market data, risk management tools, and electronic trading business concepts.

The following customer documentation will be available via the Client Systems Wiki.

• CME Globex Software Development Kit
  • iLink Order Routing
  • FIX/FAST Market Data
  • Streamlined FIX/FAST
  • Advanced Functionality
  • Exchange-Specific Functionality
  • Product-Specific Functionality
  • Electronic Trading Concepts
• CME Globex Enhancements
• Testing and Certification Documentation
• Risk Management Services
  • CME Globex Credit Controls
  • Risk Management Interface (RMI)
  • FirmSoft
  • Cancel on Disconnect
  • Drop Copy
• Introduction to CME Globex
  • Disaster Recovery
  • Matching Algorithms
  • Price Banding

The existing PDF-formats customer documentation will be retired and no longer available as of Friday, June 1, 2012.

 Memorial Day Holiday Schedule
CME Group trading floors and normal operations will be closed on Monday, May 28, in observance of Memorial Day Holiday. Please view the Memorial Day holiday hours by clicking on the following links for more details:

Holiday Schedules:

•   CME Globex
•   CME Group Chicago Trading Floor
•   CME Group New York Trading Floor
•   CME Clearport