Market Data Notices: August 20, 2012

Green Exchange Product Migration to NYMEX
As previously announced, all existing Green Exchange products will be delisted from Green Exchange and will be listed under the NYMEX starting Sunday, August 26, 2012 (trade date Monday, August 27).

These products will use the same Symbol (tag 55) and SecurityGroup (tag 1151) as they do today, however the value in tag 207-SecurityExchange will be updated from GREE to XNYM.

Market data for these products will continue to be available on the current FIX/FAST channels:

• Channel 18 - NYMEX emissions futures (currently known as Green Exchange futures)
• Channel 19 - NYMEX emissions options (currently known as Green Exchange options)

These products are currently available in New Release with the new tag 207 value XNYM for customer testing.

Please Note: For the August 26 launch, customers are asked to please cancel all Good 'Till Cancel (GTC) and Good 'Till Date (GTD) orders for Green Exchange futures and options after their respective closes on Friday, August 24. After 16:30 CT on Friday, August 24, all remaining GTC and GTD orders for these products will be cancelled by the Global Command Center (GCC). GTC and GTD orders may be re-entered during the pre-open period on Sunday, August 26.

If you have any questions, please contact the GCC in the U.S. at 312.456.2391 or in Europe at 44.20.7623.4708.

CME Globex Performance Release
New information is now available in the  Client Impact Assessment on the move to single IP for iLink sessions in the production and disaster recovery environments. Information on the iLink launch date for the Disaster Recovery environment on November 4, 2012, is also available.

This release also features iLink messaging changes. Detailed information on this launch, including impacts, launch schedules and fallback procedure, is available in the  Client Impact Assessment. An   overview of the mock trading sessions is now available. Customers must register  online to participate.

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 Thursday, October 4. Mass Quote sessions that wish to participate in the Early Adopter phase must be designated no later than Wednesday, September 19. 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.

For an overview of the Globex Performance Release, please see the  CME Globex Technology Update 2012 webinar or the  presentation is also available.

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

FIX/FAST Operators Release
 

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. A detailed schedule of the remaining channels is now available  online.

New templates will be required for the impacted channels. Per the normal process, the new templates are currently available on the CME Group ftp site for New Release and Production, along with the current and last generation templates. More information on template management is available in the  Client Systems Wiki.

Starting on Sunday, August 12, 2012, the current Production channels without operators will also be available in the Certification environment.

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

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.

†Please note: CME Group is not a member of the Options Pricing Reporting Authority (OPRA).

Dow Jones Indices via Streamlined FIX/FAST
Starting on Saturday, November 17, 2012, CME Group will begin disseminating real-time Dow Jones Indices market data via streamlined FIX/FAST.

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. More information on streamlined FIX/FAST is available  online.

Detailed information on enhanced Dow Jones Indices market data via streamlined FIX/FAST is available  Client Impact Assessment.

Dow Jones Indices market data in streamlined FIX/FAST will be available in New Release for customer testing on Monday, August 27, 2012.

Please Note: CME Group recommends all system providers supporting Dow Jones Indices market data to test these enhancements thoroughly in New Release and complete certification in AutoCert+.

With this change, the dissemination of the 52-week high and lows index values for Dow Jones Indices will be discontinued. In addition, the announcement of new indices will be disseminated through News messages (tag 35-MsgType=B) only.

As of Saturday, November 17, 2012, Dow Jones Indices market data will no longer be disseminated in ITC 2.1 format.

 Short-Dated New Crop Wheat Options
Effective Tuesday, September 4 Short-Dated options on New Crop Wheat futures will be listed for trading on open outcry. On Sunday, September 9 (trade date Monday, September 10), Short-Dated options on New Crop Wheat futures will be listed for trading on CME Globex and submission for clearing through CME ClearPort.

Short-Dated New Crop Wheat options are options on July Wheat futures with earlier expiry dates than the standard options. For the July futures contract, three earlier expiring options will be listed.

These will be available in New Release for customer testing on Monday, August 27.

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

U.S. Midwest #1 Busheling Ferrous Scrap (AMM) Futures
Effective Sunday, September 9 (trade date Monday, September 10), U.S. Midwest #1 Busheling Ferrous Scrap (AMM) futures (tag1151-SecurityGroup=BUS, tag 55-Symbol=ST) will be listed for trading on CME Globex and for submission for clearing through CME ClearPort.

The U.S. Midwest #1 Busheling Ferrous Scrap (AMM) futures are cash settled monthly futures contract based on AMM U.S. Midwest #1 Busheling index. The contract will provide risk management and pricing discovery for the steel industry.

Please view the  New Product Summary.

These futures will be available in New Release for customer testing on Monday, August 27.

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

 Coal (API 8) cfr South China (Argus/McCloskey) Swap Futures
Effective Sunday, September 9 (trade date Monday, September 10), Coal (API 8) cfr South China (Argus/McCloskey) Swap 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.

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

Natural Gas Futures and Spreads
Effective Sunday, September 30 (trade date Monday, October 1), natural gas futures, futures strips and intercommodity spreads will be listed on CME Globex pending regulatory review periods. A complete list product names and codes are available  online.

With this launch, the following new spread types will be introduced.

• Futures Strip Spread (tag 762-SecuritySubType=SA)
• Balanced Strip Spread (tag 762-SecuritySubType=SB)
• Unbalanced Strip Spread (tag 762-SecuritySubType=WS)
• Inter-commodity Strip Spread (tag 762-SecuritySubType=XS)

Detailed descriptions of these spread types are available  online.

Starting on Monday, August 13, 2012, these futures, and intercommodity spreads will be available on the Certification environment through September 10, 2012. A detailed schedule of New Release availability is available  online.

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

Delisting of Six Electricity Swap Futures
Effective Sunday, August 26, (trade date Monday, August 27), the following electricity swap futures contracts futures will be delisted from CME Globex.

The delisting of the electricity swap futures will be available in New Release for customer testing on Monday, August 20.

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

 Expansion of Silver Options Listing
Effective Sunday, September 9 (trade date Monday, September 10), the listing cycle for Silver options (tag 1151-SecurityGroup=SO, tag 55-Symbol=SO) will be expanded to list the nearest six contract months (cycle and non-cycle).

Currently, only the nearest two maturities of the non-cycle months (January, February, April, June, August, October and November) are listed in addition to the nearest five maturities of the cycle months (March, May, July, September, and December).

These changes will be available in New Release for customer testing on Monday, August 27.

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

 Delisting of Two Electricity Swap Futures and Simultaneous Listing on the NYMEX Trading Floor
Effective Sunday, September 9, (trade date Monday, September 10), the following electricity swap futures contracts futures will be delisted from CME Globex and simultaneously listing for trading on the NYMEX trading floor.

The delisting of the electricity swap futures are currently available for customer testing in New Release.

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

 Strike Price Interval Reduction for Henry Hub Natural Gas Last Day Financial Options
Effective Sunday, September 9, (trade date Monday, September 10), the strike price interval of Henry Hub Natural Gas Last Day Financial options (E7) reduced from the current five-cent ($0.05) increment to one-cent ($0.01) increment.

Discontinued S&P Real-time Index
Effective this Friday, August 24, at the close of business the following S&P Index will be discontinued.

New S&P Real-time Indexes
Effective this Monday, August 27, CME Group will begin disseminating the following indexes detailed below. These indexes will be transmitted every 15 seconds.

 Labor Day Holiday Schedule
CME Group trading floors and normal operations will be closed Monday, September 4, in observance of Labor Day Holiday Schedule. Please view the Labor Day Holiday Schedule 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