(This SER supersedes SER-7616 dated April 4, 2016 and is being issued to further amend Rule 204A04. to reflect the current settlement methodology and the effective date. No other changes have been made to the original SER.)
Effective Tuesday, May 17, 2016 for trade date Wednesday, May 18, 2016, and pending all relevant CFTC regulatory review periods, Chicago Mercantile Exchange Inc., (“CME” or “Exchange”) will amend Rule 204A04 (“Daily Settlement Price”) of the USD Malaysian Crude Palm Oil Calendar Swap contract (the “Contract”) (Rulebook Chapter 204A; Clearing and CME ClearPort Code: CPC). The amendments will incorporate a forward USD/MYR foreign exchange rate into the settlement calculation for non-spot contract months commencing with the July 2017 contract month and beyond.
Questions may be directed to Nelson Low (+65 6593 5570 or firstname.lastname@example.org), WingChew Mok (+65 6593 5583 or email@example.com), or Fred Seamon (312- 634-1587 or firstname.lastname@example.org).
Please click here for PDF of SER-7616R.
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.