Market Data Notices: August 27, 2012

 NYMEX Emissions Futures and Options Settlements
As previously announced, Green Exchange products are now listed under the NYMEX exchange as Emissions futures. With this change, settlement messages are now disseminated on the following Market Data Platform channels.

FIX/FAST:

• Channel 18 - NYMEX Emissions futures
• Channel 19 - NYMEX Emissions options

ITC:

• Channel 244 – NYMEX Open Outcry

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.

 New S&P Market Data Template
Due to CME Group maintenance, effective Sunday, October 21, S&P market data via streamlined FIX/FAST will utilize a new FIX/FAST template. The new template is currently available in New Release for customer testing.

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

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 is currently for customer testing available in New Release. The new templates will be available for Production on Sunday, October 21.

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.

Please view the  New Product Summary.

These will are currently available for customer in New Release.

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 are currently available for customer testing in New Release.

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.

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 are currently available for customer testing in New Release.

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.

Labor Day Holiday Schedule
CME Group trading floors and normal operations will be closed this 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