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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
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Project OrionRelease CMarket Communication Session17 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 • 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
Timeline We are here TINT API User Conformance Pre-Prod UAT 18th Final UAT Green shades Denote Agri Derivatives Internal DR 25th 29th External DR 2 External DR 1 Final UAT Blue shades Denote Equity Derivatives 29th 18th Internal DR External DR 1
29th 6th 13th External DR 2 Prov DR Go Live DR // run 15th 29th 5th AD Go Live Cont. 1 Cont. 2 //RUN 29th 10th 27th Go Live DR External DR 1 External DR 2 26th 3rd Cont 1 12th ED Go Live Cont 2
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.
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
Market Dress Rehearsals Success Criteria • 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 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)
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
Market Dress Rehearsals Schedule - Friday Friday evening – Clearing Members and JSE only
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
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.
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 Checklistmust 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: Derivative_Info@jse.co.za • Fax: 011 - 520 8141 / 8880 / 8883
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
Questions? Please refer all derivative queries to Derivative_Info@jse.co.za
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