NYSE Liffe - Universal Trading Platform (UTP) - Matching Engine (ME) Financials Live Migration Update
Posted on September 04, 2012 at 01:00 AM EDT
NYSE Technologies would like to provide clients with an update on behalf of NYSE Liffe who recently confirmed that the migration of all Equities contracts to UTP had been completed successfully. With that migration now completed, the focus shifts to the migration of the Financials and Commodities contracts to UTP. The Financials contract migration will follow the same staged migration approach as with Equities, but will be spread over 5 migrations stages, as opposed to 2 migration stages. The migration stages for Financials will be: * Stage 1 – 10 September 2012 * Stage 2 – 24 September 2012 * Stage 3 – 8 October 2012 * Stage 4 – 22 October 2012 * Stage 5 – 5 November 2012 The contracts being migrated at each stage are: * Stage 1 – All Paris Commodities; all London Universal Stock Futures; and Lisbon Stock and Index Futures * Stage 2 – All London Commodities; all Swapnote® futures and options; and all Gilt and Japanese Bond futures and options * Stage 3 – Euro Swiss Franc futures and options; all London Index futures and options; and all Paris Index futures and options * Stage 4 – Short Sterling futures and options only * Stage 5 – All remaining Short Term Interest Rate futures and options Matching Engine Test Service NYSE Liffe will be listing ALL contracts on the UTP Financials Matching Engines in the CTSG Next Release environment on 5 September 2012. This will enable customers to test all contracts on UTP, ahead of either migration stage, from 6 September 2012. Customers should contact Technology Partnerships or the CTSG team if they require any test environment details. As the contracts being migrated in the first Financial stage do not utilise any functionality not already exercised in UTP Equities production it is not anticipated that customers need to undertake any additional testing for migration Stage 1. Contracts being introduced from Stage 2 onwards potentially utilise functionality not previously exercised in production UTP. This is particularly relevant to the STIRs contracts, the first of which is migrated in Stage 3. NYSE Liffe would therefore recommend that all customers utilise the test service from 6 September 2012 to extensively test the following functions, ahead of the Stage 3 migration on 8 October 2012: * Expits (Basis, Against Actual, GXT, Asset Allocation) * Expiry level DP * Batching * Simple Inter-Commodity Spreads (SICS) * Strategies (Calendars, Butterflies, Strips, Packs, Bundles) * Mid-Curve Options * Delta Neutrals with Derivative Underlying Help and Support An updated NYSE Liffe UTP Matching Engine Changes in Behaviour document (Version 7.0) can be found on the Developer Diary web-site at http://derivative.liffedeveloperdiary.if5.com/techdocs.aspx?g=1&s=7 If you require any further assistance or have any questions about UTP or the points covered in this email please contact Technology Partnerships at technologypartnerships@nyx.com . Best regards, Global Market Data NYSE Technologies www.nyxdata.com