• DME Launch on CME Globex - Effective February 1, 2009 (for Trade Date February 2, 2009)

      • To
      • Quote Vendors
      • From
      • Market Data Operations
      • #
      • Q2009-022
      • Notice Date
      • 30 January 2009
      • Effective Date
      • 02 February 2009
    • The Dubai Mercantile Exchange Limited (DME) has confirmed that the migration of DME Oman Crude Oil and Oman Crude Oil Financial futures and future spreads to CME Globex will occur as previously announced, effective this Sunday, February 1, 2009 (trade date Monday, February 2).

      CME Globex product specifications are available online now. Please note: these products will have DUMX in the Security Definition (tag 35=d) tag 207-SecurityExchange.These products will be listed with implied functionality turned on. Complete product specs, including trading hours, are available on the DME web site.

      Trading hours for DME products on CME Globex will match the NYMEX Crude Oil products: Sunday - Friday, 5:00 p.m. - 4:15 p.m. CT. This Sunday only, February 1, CME Group will provide an extended pre-open starting at 3:15 p.m. CT, to facilitate customers' order entry. Please note: resting orders on DME DIRECT will not be moved to CME Globex.

      The DME Oman Crude Oil and Oman Crude Oil Financial futures and future spreads are now available for customer testing in the CME Globex New Release environment.

       

      Additional Information:

       

       

      Ticker Tests: Ticker Tests for DME on CME Globex in the CME flavor of the ITC format will be held on Friday, January 30, 2009.

       

      Mock Trading: A mock trading session in the CME Globex production environment will be held Saturday, January 31. Detailed information on the session is published in the DME Mock Trading Script.

       

      Please contact Market Data Operations (MDO) at mdo@cmegroup.com, if you have any questions concerning this notice.