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
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%.
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).