project orion release c market communication session 17 august 2007
DESCRIPTION
Project Orion Release C Market Communication Session 17 August 2007. Leanne Parsons. Market Communication Session Agenda. Part 1 – General Communication Session 14:00 – 14:45 Timeline Market Dress Rehearsal Objectives Market Dress Rehearsal Pre – Requisites - PowerPoint PPT PresentationTRANSCRIPT
Copyright© JSE Limited 2005 www.jse.co.za
Project OrionRelease C
Market Communication Session
17 August 2007
Leanne Parsons
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Market Communication Session Agenda
Part 1 – General Communication Session 14:00 – 14:45− Timeline− Market Dress Rehearsal Objectives− Market Dress Rehearsal Pre – Requisites− Market Dress Rehearsal Success Criteria− Market Dress Rehearsal Participant Responsibilities− Market Dress Rehearsal Data Guidelines− Market Dress Rehearsal Communication− Market Dress Rehearsal Connectivity− Market Dress Rehearsal Tracking− Conformance
Part 2 – Technical Workgroup Session 14:45 – 15:30− Status and Follow up on the first TWG− Mandatory Conformance Testing− General Discussion and overview
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July 07 August 07 September 07
Week of
9 – 13
Week of
16 – 20
Week of
23 – 27
Week of
30 - 03
Week of
06 – 10
Week of
13 – 17
Week of
20 – 24
Week of
27 – 31
Week of
03 - 07
Week of
10 - 14
Week of
17 – 21
Week of
24 - 28
TINT API User Conformance
Pre-Prod UAT
18th
Internal DR
18th
Internal DR
25th
External DR 1
Final UAT
29th
External DR 2
29th
External DR 1
Green shadesDenote Agri Derivatives
Blue shadesDenote Equity
Derivatives
Final UAT
TimelineWe are here
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October 07 November 07 December 07
Week of
01 – 05
Week of
08 – 12
Week of
15 – 19
Week of
22 – 26
Week of
29 -02
Week of
05 – 09
Week of
12 – 16
Week of
19 – 23
Week of
26 – 30
Week of
03 – 07
Week of
10 - 14
Week of
24 – 28
Week of
31 - 08
29th
External DR 2
29th
External DR 1
6th
Prov DR
13th
// run
15th
ADGo Live
Cont. 1
Go Live DR
Cont. 2
5th29th
//RUN
10th
ExternalDR 2
Go Live DR
12th
ED Go Live
3rd
Cont 2
27th
26th
Cont 1
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Market Dress Rehearsals Objectives
Practice the cut over activities required for Go Live
Simulate selected trading on the new Derivatives Trading Platforms
Gauge overall level of readiness across all Stakeholders
Identify any critical issues that need to be addressed prior to Go Live
Provide Users with an opportunity to test their front-end solutions and related systems on the production environment
Provide API developers with opportunity to prove systems in the production environment
Prove EOD processes and other after market activities in the production environment
Note: Apart from a brief, scheduled period of volume testing (Functional Testing Schedule) the overall objective of the JSE Release C Derivatives Markets Dress Rehearsal is NOT that of a stress test.
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Market Dress Rehearsal Pre-Requisites
Trading and Clearing Members must have attended training or be familiar with the respective new front-end applications
All users must have IT support on site during dress rehearsals
Clearing Members must have on-site support for the Friday evening activities as well for Sat at end of DRs for balancing
Network connectivity to production environment configured on IP
Successful log on to production environment (at least 3 days before dress rehearsal)
Key responsible person identified and communicated to the JSE 3 days before the first dress rehearsal
Must have passed Conformance by 28 September 2007
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Ability to connect and trade
Ability to receive public data
100% interactive participation throughout the test period
Adherence to the test schedule and conditions
Adherence to realistic order details and prices
Adherence to normal trading and volume activity - except for volume testing period
Completed and signed test checklists / results returned to the JSE
Completed and signed declaration that functionality and data integrity was intact
All issues are logged
No excessive re-requests of data during the tests
Market Dress Rehearsals Success Criteria
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Market Dress Rehearsal User Responsibilities
Users are responsible for all of their own environment preparations, connectivity and reference data download
All users to log on and participate in the test
Users must monitor communication channels throughout the test
All errors must be logged following the error logging procedure
Please refer to http://www.jse.co.za/po_relc_external_test.jsp for the error logging procedure and template. Any other issue encountered during Dress Rehearsals must be logged with JSE Client Services (011-520 7777)
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Market Dress Rehearsal Data Guidelines
Valid user codes and passwords must be used for all application access
− External test environment usernames apply
− Passwords reset will be prompted by the system on first login
Realistic prices and volumes must be entered
Data will be converted from production for the Dress Rehearsals
Before testing, check all clients available in the system are accurate and all positions reflect as at COB Friday before Dress Rehearsal
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Market Dress Rehearsals Schedule - Friday
A Balancing of environments
Clearing Members to balance current production against Release C environment
Clearing Members to notify JSE that they balance
19h00 – 21h00
B Backup of environments
Clearing Members and JSE technical teams to perform backup of their Release C environments
Clearing Members to follow their standard internal processes for this
21h00 – 23h00
Friday evening – Clearing Members and JSE only
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Market Dress Rehearsals Schedule - Saturdays
A JSE Market Startup
Market startup procedure at JSE 08h00 – 09h00
B Continuous Trading
Users login, Open Order Period, Auction Period, Continuous Trading
All traders onsite
Use of realistic prices and volumes only
09h00 – 12h00
C Volume Testing Simulated Futures Closeout Volumes only 12h00 – 12h30
D Admin Period Deal Management and Report only trades 12h30 – 13h00
E Balancing to Clearing Members
MTM and Margining
MTM file available for download
End of Test for Trading Members and Information Subscribers business staff
Clearing Members download and balance
End of Test for Clearing Members business staff
13h00 – 14h00
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Market Dress Rehearsals Schedule – Saturday (continued)
F End of day Processing and Downloads
End of day structured products available
Reports available on website
JSE internal processing
14h00 – 15h00
G Rollback of Release C environment
All users and JSE roll back environments to pre-dress rehearsal state
End of Test for Users Technical staff
15h00 – 17h00
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Market Dress Rehearsal Communication
The JSE will communicate progress, issues and status of the tests with all users in a number of different ways:
A message via the front end
An email to all known email addresses
An SMS to known cell phone numbers
Web page to be found on: http://www.jse.co.za/project_tracking/OrionRelC.jsp
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Market Dress Rehearsal Connectivity
Production environment
Production Equity Derivatives and Agricultural Derivatives Trading Systems:
Proxy host address: 10.3.5.131
TCP port (Financials): 2003
TCP port (Agriculturals): 2210
Download Server for updates:
Download Server host address: 10.3.5.13
TCP port (Financials and Agriculturals): 4410
Please note – the latest User Connectivity document is available from the JSE website. All stakeholders to ensure that access to the new Release C Production IP addresses is configured by all before the 1st Dress Rehearsal.
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Market Dress Rehearsals Tracking
The JSE Release C Derivative Market Dress Rehearsal Detailed Checklist will be used as a measure of success of a participant in Market Dress Rehearsal. The checklist must be completed by a nominated representative and must be signed off by both the Head of Derivatives Trading and an IT representative.
The completed Detailed Checklist must be submitted electronically or be faxed to the JSE by the latest 10h00, the Monday post the Dress Rehearsal Weekend.
The contact details are provided below:
E-mail: [email protected]
Fax: 011 - 520 8141 / 8880 / 8883
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Conformance
Conformance slots will be available daily from 20 August 2007. Please ensure you book sufficient conformance slots before the Dress Rehearsals
Conformance testing will occur in the External Test Environment. Please note the external test environment is also available for users to test their API solutions
Users will follow the conformance test scripts applicable to their software.
The JSE will monitor the Conformance tests and issue a pass or fail once the test results and logs have been analysed
For detailed conformance information please refer to the Conformance test pack
Must have passed Conformance by 28 September 2007
Copyright© JSE Limited 2005 www.jse.co.za
Questions?
Please refer all derivative queries to [email protected]
Copyright© JSE Limited 2005 www.jse.co.za
Thank you
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Release C TWG
Status and Follow up on the previous TWG
• Known API issues and resolutions communicated regularly to API user group
• FAQ’s document updated and published
• Release C API specification document updated
Mandatory Conformance Testing
• Conformance slots to be booked by all software providers according to conformance pack
• Conformance slots are available from 20 August 2007
• Conformance for both markets must be completed by 28 September 2007
General Discussion and overview