Futures Industry
Disaster Recovery
Test Briefings
June 8, 2011
“DR VIII”
Prepared and Moderated by
John Rapa, CBCP
Tellefsen and Company, L.L.C.
AGENDA
I.
Introduction and Welcome
II.
Testing Goals and Objectives
III.
Review of Testing Protocol
IV.
Member Firm Readiness Discussion
V.
Timeline and Next Steps
I. INTRODUCTION AND WELCOME
CBOE Futures Exchange:
Dushone Embrey-Thomas
MEFF
Arturo Pinera
CME Group:
Bethany Netzel
Minneapolis Grain Exchange:
Todd Posthuma
ELX Futures:
Christopher Curtin
Montreal Exchange / CDCC
Edwige Poupart
ICE Exchanges / ICE Clear US /
ICE Clear EU:
Russ Cotton, Brian Sayler
NYSE Liffe US/ New York Portfolio Clearing:
Steve Torretti
Int’l Derivatives Clearing Group:
Gino DiCarlo, Gerard Kopera
Options Clearing Corp.
Fabria Dean
Kansas City Board of Trade
Dan Umstattdt
Tellefsen and Company:
John Rapa
II.
•
•
•
•
TESTING GOALS AND
OBJECTIVES
Test the basic ability to conduct business (order entry
through clearing) from alternate/back-up facilities
simultaneously
Test disaster recovery capabilities among futures
commission merchants, back-office service providers,
recovery services providers and trading system vendors
Test the connectivity between exchanges, clearinghouses
and their constituents’ back- up facilities (“back-up to backup”), and confirm member firms’ ability to send/receive
information to/from their back-up facilities/interfaces
Test end-to-end processing by exchanges through to, and
including clearing houses; process actual test trades,
produce test end of day reports with the test data.
GOALS AND OBJECTIVES … Continued
• Enter a small but meaningful sampling of orders and trades,
carried out by a limited number of essential personnel from
alternate locations
• Confirm the receipt/transmission of information to/from
clearing members
• Transmit key clearing reports and information to clearing
firms to verify “round-trip” communications.
III. REVIEW OF TESTING PROTOCOL
• Exchanges will specify products available for order
entry/trading
• All exchanges will use their electronic trading venues for the
test and process test data through to end-of-day reports for
clearing members. Testing will take place between 9:00 AM
and 3:00 PM EDT, unless otherwise specified.
• The FIA will manage the test via an open conference bridge
(conference bridge number to be announced)
• Member firms will confirm connectivity with their respective
exchanges/clearinghouses:
– Pre-test connectivity testing will be offered, as applicable
• Unless so noted, firms will execute a pre-defined script of
orders. Firms will use test accounts
• Exchanges will generate fill reports on the orders
• All firms will report results and confirm post-test production
connectivity to the respective exchanges.
CBOE FUTURES EXCHANGE (CFE)
• Will use CBOEdirect back up ETS
• Trade entry via scripts:
– Products to be traded: VIX futures
• Pre-test requirement - Users must register via the FIA website and
establish back-up connectivity to CFE via the CBOE API Client
Relations Group
• Order entry systems will reflect October 29th trade date:
– Will accept either October 28th or October 29th trade date on
order input.
CBOE FUTURES EXCHANGE (Cont’d)…
•
•
•
•
The session will open at 9:30 AM EDT
Transmission of trades to OCC via MQ
Transmission of regulatory data to NFA via SFTP
Pre-test connectivity tests will be offered on Tuesdays and
Thursdays in October and on an ad-hoc basis. Please contact us to
schedule a date/time
• Test plans will be distributed by August 31st.
• Contact CBOE Client Relations Group with any test related
questions: 312 786 7300.
• Dushone Embrey-Thomas contact info:
– 312 786 8816, embreyd@cboe.com
CME GROUP
Test Scope:
•
•
Outage Scenario reflects Chicago Downtown not being available, including CME
Jackson Direct and LNet. We will operating GLOBEX via the remote data center.
There will not be any Open Outcry testing.
Test Preparation:
•
•
•
•
Ping testing will be held on August 27th and September 24th.
Firms must register via the FIA website.
Contact CME Clearing Support (CCS) team at (312) 207-2525 to obtain MQ and
FTP DR IP addresses or RDC URL address.
General questions may be directed to the Business Continuity Team BCP@cmegroup.com.
Support During the Exercise:
•
•
Members should contact the Clearing Support Team (312) 207-2525 to report any
issues with Clearing.
Members should contact the GLOBEX Control Center at (312) 456-2391 to report
any trading problems encountered throughout the test.
CME GROUP (Cont’d)…
Test Execution - Globex:
a) Verify firm connectivity:
–
–
–
–
–
All GLOBEX Markets will be open at approximately 7:30 AM EDT.
Any trades done prior to the start of the test will not be captured.
October 28th or the 29th are valid order entry dates.
All fills will be sent back to the Firms with the trade date of October 28th.
Firms can send a test order in any market.
b) Order entry via test script as follows:
– Enter bids as customer and offers as house at the settlement price in any market
– Enter a total of 10 trades.
– Firms should send orders in on ‘Floor Only Contracts, like the SPH2 that will be listed
on GLOBEX for the test.
– Firms may receive crossed trades and/or trades with other counterparties.
CME GROUP (Cont’d)…
Test Execution - Clearing:
a) Trade reporting to firms’ back office systems:
– Firms will verify receipt and delete them.
b) To connect to CME’s FTP server via the RDC, change your FTP IP address to
CME’s remote site IP address:
1) Using Friday’s data, FTP the PCS and Large Trader reports.
– CME staff will verify receipt and delete them.
2) CME will transmit Thursday’s Trade Register and SPAN files.
– Firms will verify receipt of these files and delete them.
3) Connect to RDC URL and enter a block trade for 5000 EDH @9900.0.
– CME staff will verify receipt of the block trades and delete them.
4) CME staff will submit a series of OTC trades via ClearPort.
CME GROUP (Cont’d)…
Conclusion of the Exercise:
• Delete any testing files.
• Switch back to CME production site IP address.
• Firms should contact the GCC at (312) 456-2391 to recap the test
results.
ELX FUTURES
•
•
•
•
•
•
•
•
•
•
ELX will participate in the October 29th 2011 FIA Disaster Recovery Test.
Firms must register via the FIA website.
All questions should be directed to the ELX Support - 212-915-1200,
877-359-6610 (U.S. only) or support@elxfutures.com
Firms should verify connectivity via Ping testing. Contact ELX Support to set up
a ping test with ELX. Ping testing is available upon request.
Trade date will be October 31st .
Testing will occur between 9:00 AM – 12:00 PM EDT on Saturday, Oct. 29th
All ELX UST and Eurodollar futures products will be available via eSpeed or
supported API’s – No BLK or EFP type trades will be accepted.
OCC will provide an end-of-day file for ELX test trades
Specific testing guidelines will be provided to registrants – script will be a
simple enter bid – hit bid scenario
Post-Testing: Testers should confirm transmission of trades via the OCC to
their respective back offices. ELX Support will be available to confirm trade
details via EIS system.
ICE EXCHANGE
The ICE Exchange secondary site in Atlanta will be used for the FIA
DR Test on Saturday, October 29th.
• The following markets will be available for testing:
–
–
–
–
ICE Futures US Sugar11
ICE Futures US Russell 2000
ICE Futures Europe WTI
ICE Futures Canada Canola
• Test markets will follow the schedule below (all times in EDT)
– 0001 PRE-OPEN
– 0900 OPEN
– 1200 CLOSE
• Interface availability:
– All front-end trading interfaces (WebICE, ICE Block 2.0, FIX, Pricefeed)
– All reporting interfaces (Deal Reports, Position Reports, etc) accurate based on
test (and live OTC/NGX) trading activity
– Back-office interfaces NOT available (Credit Management, Trader Admin, etc)
IMPORTANT NOTE:
All OTC and NGX markets will be open and live throughout the testing. NO
testing is permitted in these markets. Any trades entered in these markets
are valid trades and will be honored as such.
ICE EXCHANGES (Cont’d) …(2 of 3)
• Registration and user setup
–
–
–
–
Registration for the ICE Exchange is not required
All existing customers with valid trading IDs are welcome to participate
Existing production User ID and password will be used for login
No test/temporary IDs or access will be provisioned for the FIA DR testing
• Test administration and support:
– All participants MUST clean up all backend system data after testing
– No futures trades performed during testing hours will be valid
– At the end of the DR testing period, all futures trade data will be deleted from the
ICE Exchange and databases and no record of those test transactions will
persist
– The ICE Helpdesk (770-738-2101) will be available 0800-1300 EDT
– No network, DNS, or IP changes will be required to connect to the ICE Exchange
secondary site during the ping test or the FIA DR Test
IMPORTANT NOTE:
All OTC and NGX markets will be open and live throughout the testing. NO
testing is permitted in these markets. Any trades entered in these markets
are valid trades and will be honored as such.
ICE EXCHANGES (Cont’d) …(3 of 3)
• Clearing Information:
– All ICE Futures US trades will be submitted to the ICE Clear US secondary site
– ICE Futures Europe and OTC cleared trade submissions to the secondary site
are being evaluated
– All ICE Futures Canada trade submission to the KCBOT backup site are being
evaluated
• Ping test overview
–
–
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–
–
Atlanta DR site will be available for the second ping test ONLY (SEP-24)
All futures markets will be closed, only ping and system logins will be permitted
OTC/NGX markets will be open for production trading – no test trades permitted
The system will be available for testing between 0900-1200 EDT
The ICE Helpdesk (770-738-2101) will be available between 0900-1200 EDT
No network, DNS, or IP changes will be required to connect to the DR site during
the ping test or the FIA DR Test
IMPORTANT NOTE:
All OTC and NGX markets will be open and live throughout the testing. NO
testing is permitted in these markets. Any trades entered in these markets
are valid trades and will be honored as such.
ICE CLEAR US
• Firms must register via the FIA website
• Trade date will be Saturday, October 29th
• Clearing members will use production URLs for the following
clearing applications:
- AFTS
- ECS
- PTMS/ACT
- eReports (Crystal)
• TIPS uses a different DR URL and hostname – see the
documentation distributed to clearing members prior to the test
• MQ changes will be completed prior to the start of the test.
ICE CLEAR US (Cont’d)…
Ping Testing
Clearing members must verify connection to online clearing
applications, using production URL’s.
• Ping testing will be conducted on Saturday, August 27th and
September 24th from 9-12 PM
• These applications include:
- AFTS
- TIPS
- PTMS/ACT
- ECS
- MQ
- eReports (Crystal)
• For MQ, Clearing members must verify connection by sending an
MQ ping through their channel.
ICE CLEAR US (Cont’d)…
• ICE Clear US applications will be available at 8:00 AM on Saturday,
October 29th
• BCP/DR support staff will be available up to and including test day.
Please direct any questions to ICEClearUS@theice.com
• ICE will make a conference bridge available to clearing members on
test day. Details will be distributed to registered CM participants
prior to the test day.
• Beginning at 1:00 PM, ICE will revert all trading and clearing
applications, including MQ channels, back to production.
• An advisory will be sent to test participants and announced on the
ICE and FIA bridge call.
• Clearing members are strongly encouraged to confirm their
reconnection to production at the conclusion of the testing.
ICE CLEAR US (Cont’d)…
• Test Cases – Test Day
- Clearing members will use the post trade management systems
(PTMS/ACT and TIPS) to accept test trades passed through to
clearing by the ETS.
- Clearing Members will login to ECS and eReports to verify
connectivity.
• Test Files and Messages
– FIXML trade messages will be sent to CMs via MQ.
– CMs will access AFTS to deliver and receive files (production
files from Friday, October 28th)
PCS and Large Trader
Match off files
Clearing Reports (latest instance only eReports and AFTS)
SPAN file (available through AFTS and CME web site)
• CM’s are required to complete and submit the checklist of results.
ICE CLEAR CANADA
• Firms must provide ICE Clear Canada the name(s) and phone
number(s) of staff who will perform the testing by emailing
CanadaClearingSupport@theice.com
• Connectivity pre-testing (ping testing) will be scheduled in advance
of the test date. Firms will be advised of the date once scheduled.
• Clearing members will use production URLs to access reports and
TEMS.
• The URLs will be re-directed to the DR site.
• Applications will be available between 8:00 AM and 10:00 AM CDT
on Saturday, October 29th
• ICCA support staff will be available up to and including test day.
Please direct any questions to CanadaClearingSupport@theice.com
ICE CLEAR CANADA (Cont’d)…
•
•
Test Cases – Test Day
– ETS trades executed on the test day will flow to TEMS.
– Clearing members must demonstrate their ability to log into the
ICCA website and TEMS.
Test Script:
– Participants will enter both matching sides of a transfer and verify
the transfer matches.
– Participants will download a report file from the main reports page of
the ICCA website.
– Once complete, participants will advise ICCA they have completed
the test by emailing CanadaClearingSupport@theice.com
ICE CLEAR EUROPE
• Firms must register via the FIA website
• Verification of connectivity between firm and DR site via ping testing
is scheduled for Saturday, August 27th from 9-12 PM (EDT)
• Trade date will be Saturday, October 29th
• Clearing members will use production URLs for the following
clearing applications:
ECS (https://ecs.euclearing.theice.com/trade/login)
AFTS (https://afts.euclearing.theice.com and SFTP)
Crystal Reports (https://reports.euclearing.theice.com)
PTMS (https://ptms.euclearing.theice.com/client/)
ACT (https://act.euclearing.theice.com/AllocateClaim/login.jsp)
ICE CLEAR EUROPE (Cont’d)…
•
•
•
•
•
ICE Clear Europe applications will be available at 8:00 AM EDT on
Saturday, October 29th
No IP address changes will be necessary to connect to ICEU
applications, including:
- ECS
- AFTS
- Crystal Reports
- PTMS
- ACT
BCP/DR support staff will be available up to and including test day.
Please direct any questions to ICEClearEurope@theice.com
ICE will make a conference bridge available to clearing members on
test day. Details will be distributed to registered CM participants prior to
the test day.
At 1:00 PM, ICE will revert all trading and clearing applications back to
production. An advisory will be sent to test participants and announced
on the ICE conference bridge call.
ICE CLEAR EUROPE (Cont’d)…
•
•
Test Cases – Test Day
– Trades executed on the test day will not flow into TRS, as the
TRS/CPS systems are not within the scope of this test. Trade flow
to PTMS/ECS is being evaluated for this test.
– Members will be able to instruct bank transaction in ECS (banking
instructions will NOT be sent to SWIFT), put and take reports, PCS
and LGTR files from AFTS, and pull reports from Crystal.
– Clearing members must demonstrate their ability to log into AFTS,
Crystal, PTMS, ACT, and ECS to pass this portion of the test.
Test Files:
– CMs will submit Large Trader files via AFTS (production files from
Friday, October 28th)
– Banking and delivery reports delivered through AFTS
– Banking and delivery Reports delivered through Crystal reports
– SPAN file (available through AFTS and ICE web site)
INTERNATIONAL DERIVATIVES CLEARING GROUP
(NFX/IDEX & IDCH)
• Ping testing must be scheduled with IDCG.
• Ping testing will be offered on August 27th, with an optional date of
September 24th
• Will use the IDEX XT trading system from the DR site.
• Trade orders can be received at IDEX Market Operations.
• Trades can be reported and automatically matched and executed
with a trade date of Saturday, October 29th
• Trade confirmations will be generated and transmitted to firms.
• NFX/IDEX trades will be automatically processed for clearing and
settlement to the IDCH.
• Firms must notify the IDCG Market Operations Group upon
completion of the test via phone (212-933-9800) or email
marketoperations@idcg.com
– Contact information for testing:
Gerard Kopera(Director of Operations) 646/867-2537,
Gerard.kopera@idcg.com
Gino DiCarlo (Principal Network Engineer) 646/867-2533
Gino.DiCarlo@idcg.com
KANSAS CITY BOARD OF TRADE
(KCBT)
• Two components of Kansas City Board of Trade test:
– Injection of GLOBEX trades into KCBT clearing remote data
center
– Entry of open outcry trades into KCBT clearing remote data
center
• For GLOBEX portion of test:
– Refer to CME Group information for hours and procedures on
CME GLOBEX.
– Trades will be injected from GLOBEX to KCBT clearing
– Trade date sent from GLOBEX will be October 28th
– Enter bids and offers in KCBT Wheat (KE) or Wheat Options
(OKE) at the previous day’s settlement price (this will ensure
your trade matches with other participants). Either October 28th
or 29th may be used for trade date, but the KCBT Clearing
Corporation will be running on a business date of October 29th.
KANSAS CITY BOARD OF TRADE (Cont’d) …
• KCBT open outcry portion of test:
– KCBT Clearing will contact designated firm representatives for
KCBT and provide details on trades that will need to be entered
for open outcry
– Request that each firm work with their people responsible for
daily interaction/operation at KCBT to ensure continuity of
documentation and communication
– Clearing login information and instructions have been provided
to those responsible for interaction with the KCBT/KCBT
Clearing Corp.
– Clearing will determine any pre-testing requirements with firms
• Upon completion of trade entry for GLOBEX and open outcry, ex-pit,
trade files will be generated and be made available for download.
• NOTE: Failover from KCBT primary data center to remote data
center uses DNS. Firms requiring explicit IP information should
work directly with KCBT Clearing to ensure connectivity.
MEFF
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•
•
•
•
Trade date will be Saturday October 29th
Will use the MEFF production ETS environment
Members will be able to trade
During the test MEFF will failover to the backup system
Once the failover is complete, members will be able to continue
trading
• Members will be able to get reports of their trades
• Back office systems will be prevented to enter this test
• MEFF contacts:
– Enric Padro – epadro@meff.com (+34 93 412 1128)
– Arturo Pinera – apinera@meff.com (+34 91 709 5503)
MINNEAPOLIS GRAIN EXCHANGE
(MGEX)
• Firms must register on the FIA website to participate in MGEX
clearing test.
• Firms having technical issues with MGEX Clearing may call the
MGEX Clearing group at (800) 827-4746 (option 3 then option 1),
for support.
• Trades entered for MGEX products into the CME GLOBEX platform
will be cleared by MGEX Clearing using the MGEX DR Site.
• MGEX Open Outcry trades will be entered in the TEMS system.
• Trade date should be the previous day’s date (October 28th).
• After Trade Entry is completed, trade files (TREX files) will be
generated by the MGEX DR Clearing Server and placed on the
MGEX DR FTP server. The MGEX DR FTP server is accessible via
IP with the same logins and passwords as the production system.
• Please contact MGEX Clearing group for information or support
pertaining to the FIA DR Test. Email: clearing@mgex.com
TMX GROUP –
MONTREAL EXCHANGE (MX)
•
MX will recover to its Toronto Back-Up Site
– Firms will verify connectivity and can send/receive messages
– No network, DNS, or IP changes will be required to connect to the DR site during
the connectivity test or the FIA DR Test
– Firms must register via the FIA website
•
MX Markets will be in Pre-Opening state. This will happen at approximately
9:00 AM EDT
– No trades will occur during the Pre-Opening period
– MX Market test are completely automated
•
The market will open 9:30 AM EDT
– Orders must be entered with a October 29, 2011 Trade Date (day orders only)
– Broadcast of trades transmitted to firms via SOLA Trading protocols (HSVF,
ATR)
– No trades performed during testing hours will be valid
– All participants MUST clean up all backend system data after testing
– No give-ups will be processed during the day of the test
CANADIAN DERIVATIVES CLEARING CORP.
(CDCC)
•
CDCC will recover to its Toronto Back-Up Site
– Members will verify connectivity and can send/receive messages
– No network, DNS, or IP changes will be required to connect to the DR site during
the connectivity test or the FIA DR Test
– Members must register via the FIA website
– There will be NO access to the member FTP site nor Reporting environments
•
Markets will be in Pre-Opening state. This will happen at approximately 9:00
AM EDT
– No trades will occur during the Pre-Opening period
– MX Market test are completely automated
•
The market will open 9:30 AM EDT
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No trades performed during testing hours will be valid
All members MUST clean up all backend system data after testing
Trades will flow from MX to CDCC’s environment
Trades & Positions will be available for validation via Clearing Manager
No give-ups will be processed during the day of the test
MX / CDCC (cont’d)
Important Dates
 Connectivity testing will be offered on October 1st, 2011 for both MX and CDCC
participants/members
Contact
 Contact Edwige Poupart with any Montreal Exchange business: 514-871-3590
epoupart@m-x.ca
 Contact Michael Barbara with any CDCC business questions: 514-871-4949 ext. 620
mbarbara@cdcc.ca
 Contact Sara Hoffland with any technical questions:
416-947-4259
sara.hoffland@tmx.com
NYSE LIFFE U.S. /
NEW YORK PORTFOLIO CLEARING
• NYSE Liffe Connect will be failed over to the secondary site in
NY for the duration of this test.
• Users must register via the FIA website and be able to establish
back-up connectivity to NYSE Liffe U.S.
• Order entry only will be permitted by the exchange in the MSCI
Pan Euro contract (CFMPP) on the day of the test.
• Daily orders to be entered only by members participating; no
GTC orders.
• The NYSE Liffe U.S. Market will be brought up into a pre-open
state for the duration of the test, 09:00 to 13:00 EDT to allow
order entry.
• NYSE Liffe U.S. Market will reflect October 28th trade date for
order entry
NYSE LIFFE U.S. AND NEW YORK PORTFOLIO CLEARING (Cont’d) …
• NYPC TRS Will be available for members to login and view TRS
reports from October 28th.
• Back office members will also have the opportunity to perform PC
Gateway downloads for the October 28th also.
• NYSE Liffe U.S. will support ping testing on 08/27 and 09/24.
• NYSE Liffe U.S. contact for any test related queries:
•
•
•
Steven Torretti
+1 212 656 5633
storretti@nyx.com
OCC
• OCC will test from their DR site
• Pre-testing will take place on October 1st.
• In order to test from your DR/alternate site, OCC requires the following
mandatory information:
– Identify if you will be testing from DR or Production for the pre-test; the main
test
– Confirm all connectivity method(s) that apply (e.g., FTP+ Pull/Push, SFTP,
NDM, MQ)
– Provide test day contacts for each of the connectivity methods selected
above
– Provide IP addresses of your DR location (per service/host)
– DR Node (NDM and FTP+ Push testers) with login ID and password
– Port Number (NDM, FTP+ Push, and MQ testers)
– Identify any MQ configuration changes from your production environment
– Provide the dataset file name you will use for testing outbound (from OCC)
transmissions
– Do you send inbound transmissions directly to OCC?
• If Yes: Dataset name you plan to send to test Inbound (to OCC) transmission (if
applicable). Please use a production dataset name with a trailing “.test”.
• If No: No action required.
OCC (Cont’d) …
• Test scripts will be issued to all registered participants
• All IP addresses and TCP Ports for the OCC will remain the same as
they are in production for this test
• When all testing is complete, email your confirmation to
occDRtest@theocc.com
• ENCORE will be available for testing, but is not a requirement to
successfully test with OCC
• Should you have any questions prior to or on the scheduled test day,
feel free to contact your Member Services Representative at (800)
621-6072 option 2.
EXCHANGE AND CLEARING HOUSE TESTING MATRIX
CBOE
FUTURES
EXCHANGE
Market Center
CME
GROUP
ELX
FUTURES
ICE
EXCHANGES
ICE CLEAR
EUROPE
ICE CLEAR
US
ECS, PTMS,
TIPS,
eReports,
AFTS, MQ
Trd. Msg.
Systems
CBOE Direct
GLOBEX
eSpeed
Web ICE
ECS,
AFTS,
eReports
Pre -Test Ping Testing Dates
Tuesdays,
Thursdays in
October
8/27,
9/24
Ad Hoc
Testing
9/24
8/27
8/27,
9/24
Y
Y
Y
Y
Y
Y
10/28
or
10/29
10/2 8
or
10/2 9
10/ 31
10/2 9
10/2 9
10/2 9
Receipt of 10 Orders from Members Via
Pre -Defined Scripts
Y
Y
Y
N
N
Y
Transmit 10 Fill Reports to M ember s
Y
Y
Y
N
N
N
Receipt of 10 Ex -Pit Reports from
Member Firms Via Scripts
N
Y
N/A
N
N
N
N/A
Y+
Y
N
Y
Y
Y
Y
Y
Y
Y
Y
Successful Login from Members DR Site
Trade Date
Receipt of PCS and Large Trader Reports
from Members
All Production Systems Restore
Data Re -Set
d, Test
EXCHANGE AND CLEARING HOUSE TESTING MATRIX
Market Center
IDEX/IDCG
KCBT
MEFF
MX /
CDCC
NYSE LIFFE
/NYPC
IDEX XL
GLOBEX,
KCBT
Clearing TEMS
PROD.
SOLA
BACK UP
CONNECT,
TRS
8/27,
9/24
8/27,
9/24
N/A
N/A
10/1
8/27,
9/24
10/1
Y
Y
Y
Y
Y
Y
N
10/29
10/28
or
10/29
10/29
10/28
10/28
or
10/29
10/29
10/28
Receipt of 10 Orders from Members Via PreDefined Scripts
Y
Y
Y
Y
Y
Y
N
Transmit 10 Fill Reports to Member Firms
Y
Y – Trades File
Y
Y
Y
Y
N
Receipt of 10 Ex-Pit Reports from Member
Firms Via Scripts
N/A
N
N/A
Y
N/A
N/A
N/A
Receipt of PCS and Large Trader Reports
from Members
N/A
N
N/A
Y
N/A
N/A
N/A
Download Previous Day Clearing Reports to
Members: Match Off Files, Report Files,
SPAN Files
Y
N
N/A
Y+
N/A
Y
Y
All Production Systems Restored, Test Data
Re-Set
Y
Y
Y
Y
Y
Y
Y
Systems
Pre-Test Ping Testing Dates
Successful Login from Members DR Site
Trade Date
MGEX
OCC
ENCORE
IV. MEMBER FIRM READINESS
• Discussion with member firms as to their state of
readiness:
– Back-up systems/communications links
– Order entry and routing
– Give up processing
– Clearance and settlement
– Use of third party service providers
• Major issues or concerns
• Info on 2011 SIFMA DR test
• Potential date – 2012 industry test.
V.
TIMELINE AND KEY DATES
Wednesday
Wednesday
Saturday
Wednesday
Wednesday
Saturday
Wednesday
Wednesday
Wednesday
Friday
Saturday
7/13/2011
8/17/2011
8/27/2011
9/14/2011
9/21/2011
9/24/2011
10/5/2011
10/12/2011
10/19/2011
10/28/2011
10/29/2011
Monthly Committee Call
Monthly Committee Call
Ping Test - Exchanges
WebEx With Exchanges and Clearing Houses - 2011 Test Protocol
Weekly Committee Call
Ping Test - Exchanges
Weekly Committee Call
Weekly Committee Call
Weekly Committee Call
All-Hands Call - Day Before the Test
Annual Industry Test Day
19 WEEKS TO GO !