• Amendments to the Live Cattle Futures Contract Delivery Points and Allowances

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7772
      • Notice Date
      • 25 October 2016
      • Effective Date
      • 09 November 2016
    • Effective Wednesday, November 9, 2016, and pending all relevant Commodity Futures Trading Commission (“CFTC” or “Commission”) regulatory review periods, Chicago Mercantile Exchange Inc. (“CME” or Exchange”) will amend the rules for delivery for live cattle in connection with its Live Cattle Futures contract (the “Contract”) (Rulebook chapter: 101; Clearing Code: LC; CME Open Outcry Code: LC; CME Globex Code: LE; CME ClearPort Code: 48).  Specifically, CME is amending Chapter 101 and the appendix relating to the Contract’s maximum daily grading capacities at approved stockyards located in CME Chapter 7 (“Delivery Facilities and Procedures”) to delete reference to the Norfolk, Nebraska delivery territory.  The amendments shall apply to all contract months.

      Questions regarding this notice may be directed to:

      Andrew Crafton

      312-634-8923

      Andrew.Crafton@cmegroup.com

      Thomas Clark

      312-930-4595

      Thomas.Clark@cmegroup.com


      For media inquiries concerning this Special Executive Report, please contact CME Group Corporate Communications at 312-930-3434 or news@cmegroup.com.

      Please click here for PDF of SER-7772.