• Amendments to the Zinc Futures Contract to Include Duty Unpaid Zinc Eligible for Delivery

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7873
      • Notice Date
      • 06 April 2017
      • Effective Date
      • 23 April 2017
    • Effective Sunday, April 23, 2017 for trade date Monday, April 24, 2017, and pending all relevant CFTC regulatory review periods, Commodity Exchange, Inc. (“COMEX” or “Exchange”) will amend Rule 186101. (“Contract Specifications”) of the Zinc Futures contract (Commodity Code: ZNC; Rulebook Chapter: 186) (the “Contract”).  Currently, only duty paid zinc is eligible for delivery.  The amendments shall provide that duty unpaid zinc, which satisfies the specifications of the Contract, shall also be eligible for delivery against the Contract.  Amendments to Rule 186101., provided below in blackine format, will be effective commencing with the May 2017 contract month and beyond.

      Please refer questions on this subject to:

      Research and Product Development

      Joann Arena            Joann.Arena@cmegroup.com                +1 212 299 2356

      Metals BLM

      Fred Penha              Frederick.Penha@cmegroup.com          +1 212 299 2353

      Please click here for PDF of SER-7873.