Market Data Notices: April 15, 2013

CME Globex Performance Enhancements
CME Group is in the process of upgrading our internal CME Globex hardware. In internal testing this change improved iLink and FIX/FAST performance by as much as 20%. These upgrades are part of our ongoing efforts to provide best-in-class technology and service on CME Globex.

April 21, 2013
 

• CME Interest Rate Options
• CME Commodity Futures
• CME Interest Rate Options
• COMEX Options
• NYMEX Non-Crude Energy Futures & Options
• NYMEX Metals, Softs, and Alternative Markets
• NYMEX Crude Futures & Options
• NYMEX Emissions Futures & Options
• BMD Futures and Options
• KRX Futures

A detailed schedule of the enhancements is available  online.

 Bursa Malaysia Derivative Berhad New External Instrument Naming Convention
Effective Sunday, June 2 (trade date Monday, June 3), Bursa Malaysia Derivative Berhad (BMD) will introduce a new external instrument naming convention for futures, options and spreads listed on CME Globex. This change will make these products easier to support by aligning the convention with that of CME Globex.

The Client Impact Assessment with details on these changes is now available  online.

To facilitate these changes, customers are asked to cancel all Good 'Till Cancel (GTC), Good 'Till Date (GTD) and User-Defined Spread (UDS) orders for all contracts after their close on Friday, May 31. The CME Globex Control Center (GCC) will cancel all remaining GTC, GTD orders and eliminate all UDS orders for BMD products after market close on Friday, May 31.

The new BMD instruments are now available for customer testing in New Release.

CME Group recommends that customers purge and re-load their instrument databases on Sunday, June 2.

Streamlined FIX/FAST - Modification of Notional Value for Eris Exchange Contracts
Effective Monday, June 3, 2013, the notional value for all Eris Exchange futures contracts will change from $1,000,000 to $100,000. There will be no changes to streamlined FIX/FAST messaging.

The new contract pricing will be available in New Release for customer testing on Monday, April 29, 2013.

There will be changes to open interest by CME Clearing. Additional details on these changes are available  online.

Interest Rate Intercommodity Spreads
Effective Sunday, May 5 (trade date Monday, May 6), a new Interest Rate Intercommodity Spread type (tag 762-SecuritySubType=DI) will be introduced on CME Globex. With this launch, the 762-SecuritySubType value for the following intercommodity spreads will be modified from IS to DI and implied functionality will be enabled.

In addition, a new futures intercommodity implied spread will be listed for trading on CME Globex.

Detailed description of Inter-Commodity Implied spread type is available  online.

The new spread type and new intercommodity spread are currently available in New Release for customer testing.

Streamlined FIX/FAST for Block Trades
Starting on Sunday, May 12, 2013, CME Group will begin disseminating Block Trade market data via streamlined FIX/FAST. A Block Trade is a privately negotiated futures or option on futures transaction that is executed apart from the public auction market and that is permitted in designated contracts subject to specified conditions.

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.

Block Trade market data will be available in New Release for customer testing on Monday, March 24. An optional AutoCert+ Test Suite will available at the beginning of April. The availability of the new AutoCert+ Test Suite will be announced via the CME Globex and Market Data Notices.

Detailed information for streamlined FIX/FAST market data for Block Trades is available  online. Information on the new channel will be available in the config.xml file on Sunday, April 28.

Block Trade market data is fee-liable. For additional details, please contact the  Information Products Management at 312 634 8395.

CME Europe on CME Globex
Pending regulatory recognition, CME Europe markets will be available via CME Globex for iLink order routing and market data late Q2/Early Q3 2013. Only non-US customers are eligible to trade on CME Europe. Eligible customers who would like to trade CME Europe products must establish all appropriate agreements and accounts to be authorised to trade CME Europe products and clear through CME Clearing Europe.

The launch includes the following impacts:

• New tag value to identify the exchange
• New products in FX Futures
• New market data channels to disseminate market data
• New streamlined Fix/Fast market data to publish block information

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

A new CME Europe mandatory certification suite is currently available in AutoCert+. Customer systems that plan to support CME Europe via CME Globex must complete this certification.

The implementation is currently available in New Release for customer testing.

Please contact your Global Account Manager for further information.

Variance Futures
Effective this Sunday, April 21, 2013 (trade date Monday, April 22), the Variance futures will be listed for trading on CME Globex.

Variance futures are based on the realized volatility of an underlying asset squared. Unlike most futures, the direction of these price changes in the underlying asset is irrelevant to the value of the Variance futures. These futures derive their value from the magnitude of the changes in price of the underlying assets, irrespective of their direction. Upon launch, these underlying assets include 4 currencies, 3 energy, and 2 metals products.

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

 Iron Ore 62% Fe, CFR China (TSI) Futures
Effective Sunday, May 12 (trade date Monday, May 13),   Iron Ore 62% Fe, CFR China (TSI) futures and calendar spreads (tag1151-SecurityGroup= TIO, tag 55-Symbol=ST) will be listed on CME Globex.

These futures will be available for customer testing in New Release on Monday, April 29.

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

 FIX tag 55-Symbol Changes for E-mini S&P Select Sector Futures
Effective Sunday, May 19, the FIX tag 55-Symbol values for the following for S&P Select Sector futures will be changed as follows:

Market Data Platform channels will not be impacted.

To facilitate these changes, customers are asked to cancel all Good 'Till Cancel (GTC) and Good 'Till Date (GTD) orders for the impacted futures and futures spreads after their close on Friday, May 17. After 16:00 CT on Friday, May 17, all remaining GTC and GTD orders for these products will be cancelled by the CME Group Global Command Center (GCC).

These changes will be available in New Release for customer testing on Monday, May 6.

Certification File Maintenance
Effective Monday, April 29, 2013, the host IP address for Historical Replay in the Certification environment will be changing from 10.135.70.106 to 10.135.194.79.

The new config.xml file for the Certification environment will be available for customer download from the  CME Group FTP site starting on Monday, April 15, 2013.

 CME Globex London Hub Update
CME Group will be expanding its CME Globex London Hub infrastructure to include a new point of presence (PoP) to the Equinix London Slough datacenter. Starting in May 2013, CME Group will begin accepting cross connection orders to the new data center. Customers may select from the following connectivity options.

• Customers co-located within the Equinix London Slough datacenter will have the ability to order 1 G single-mode fiber cross connects.
• Customers not co-located in the Equinix London Slough datacenter will have the ability to order 100 Mbps copper or 1 G single-mode fiber cross connects.

Please contact your  EMEA Global Account Manager at +44 203 379 3754 for additional information.