|Topics in this issue include:
|Critical System Updates|
Channel 11 - CME FX Futures
Channel 12 - CME FX Options
The change will not impact the volatility-quoted FX options on channel 6.
Channel configuration information is available on the ftp.cmegroup.com site as outlined in the Core Functionality module of the FIX/FAST Software Development Kit. These new channels are available in New Release for customer testing.
Expanded Security Definition Messages for User-Defined Spreads
New tags for UDS Security Definition Messages
In addition, tag 600-LegSymbol, in the repeating group tag 555-NoLegs, will now identify the Symbol (tag 55) for each leg. Currently, tag 600 always contains [N/A].
The expanded Security Definition messages will be launched according to the following schedule:
There will be no template changes for this launch.
The expanded Security Definition messages are currently available for customer testing in the New Release environment.
This launch will impact the Security Definition (tag 35-MsgType=d,) and Security Status (tag 35=f) messages. Details on the enhancements are available in the Client Impact Assessment.
Certification is not required and there are no new templates. Customers and system providers are encouraged to test the enhancements thoroughly in New Release starting Monday, October 25.
COMEX, NYMEX, and DME Futures Enhancements
In internal testing environments, the enhancements for COMEX have resulted in significantly reduced message response times. Already among the fastest in the industry, this upgrade is expected to reduce iLink and FIX/FAST response times by an average of 30%. As a result of the reduced message response times, bandwidth utilization in these futures markets is expected to ultimately increase by as much as 30%.
The messaging and functionality impacts are documented online in the Client Impact Assessment.
CME Group recommends all system providers supporting NYMEX, COMEX or DME futures test these changes thoroughly in New Release.
Monthly and Seasonal Strip Rainfall Index Futures
Rainfall Index Futures & Strips are geared to the amount of rainfall recorded in a given month in a designated location. They provide a way to:
Brent Look-Alike Crude Oil Options
The Brent Look-Alike Crude Oil Option contract will continue to be available for trading on the NYMEX trading floor and for submission for clearing through CME ClearPort up to 72 consecutive months on an annual basis (balance of current year plus five full years) and then June and December contracts for three additional years.
7-Year Interest Rate Swap Futures
Green Exchange Product Migration
As previously announced, following the Transition, Green futures products will continue to be available for trading via CME Globex and privately-negotiated transactions accepted for submission for clearing through CME ClearPort. In addition, with the Transition, ten Green options products (currently available for trading on the New York trading floor) will be transitioned to and newly listed for trading on the CME Globex platform.
Currently, select Green products are available for customer testing in New Release on the Market Data Platform channel 32. The remaining changes to New Release will be rolled in as follows:
Trading in HG8, G8B, HS8 or S82 will terminate at 9:00 a.m. Central Time (CT) this Friday, November 5, 2010.
The final settlement values are as follows:
At this time, there is no open interest in any of the futures or options for HG8, G8B, HS8 or S82.
In addition, the next contract in all four sequences should be listed for trading this Friday, November 5, 2010:
Expansion of Contract Months for LLS (Argus) vs. WTI Spread Calendar Swap Futures
This contract is available for trading on the NYMEX trading floor and for submission for clearing through CME ClearPort. The expansion of listed months will be reflected in both venues.
New Contract Listings for Natural Gas Calendar Spread (IC) and Natural Gas Financially Settled Calendar Spread (G3) Options
The listing expansion for the three-month October – January spreads in IC and G3 will consist of the following:
FIX tag 55-Symbol Change for E-mini S&P SmallCap 600 Futures
The E-mini S&P SmallCap 600 (SMC) with the new tag 55 value will be available in New Release for customer testing on Monday, November 15.
|S&P Launches and Changes|
New S&P Real Time Indices
New S&P Real Time Indices
Revised ITC 2.1 Fractional Indicators
New S&P Real Time Indices
New S&P Real Market Data Platform Channel
With this migration, the following ITC 2.1 Specification changes will occur for all S&P indexes, which will be disseminated on MDP channel 109:
The new MDP Channel 109 and ITC 2.1 Specification changes will be available for customer testing in production parallel starting Sunday, November 21. Customers may begin utilizing the new MDP channel 109 in production anytime between November 21, 2010 and February 28, 2011. The new IPs and Ports will be made available in the comings weeks.
|Events & Announcements|
CME Co-Location Services Details
If you are interested in having the lowest possible latency connection to the CME Globex platform, contact your Global Account Manager today.
Learn more about CME Co-Location Services, visit www.cmegroup.com/colo
To request additional information and to apply, please contact your Global Account Manager at +1.312.634.8700 in the United States; +44.20.7796.7100 in Europe; and +65.6593.5574 in Asia.
For your convenience, the CME Co-Location Briefing Center is now open and located at 141 West Jackson in Chicago, IL.
The Briefing Center includes displays of:
Conference room facilities are also available.
To access the Briefing Center, an appointment is needed. Please contact your Global Account Manager for further information and to schedule an appointment today.