• Increase of CME Globex Committed Cross Better Price Match Percentages for all Interest Rate Option Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7965
      • Notice Date
      • 20 July 2017
      • Effective Date
      • 13 August 2017
    • Effective Sunday, August 13, 2017 for trade date Monday, August 14, 2017, and pending all relevant CFTC regulatory review periods, Chicago Mercantile Exchange Inc. (“CME”) and The Board of Trade of the City of Chicago, Inc. (“CBOT”) will increase the Better Price Match (“BPM”) percentages for Committed Cross (“C-Cross”) transactions for all CME and CBOT Interest Rate Option Contracts from 20% to 35%.

      For additional information, please contact:

      Ted Carey                         ted.carey@cmegroup.com                       312.930.8554

      Jonathan Kronstein          jonathan.kronstein@cmegroup.com         312.930.3472

      Dave Reif                         david.reif@cmegroup.com                        312.648.3839

      Please click here for PDF of SER-7965.