• Increase in Minimum Price Fluctuation of the Palladium Futures and Palladium Option Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-8118
      • Notice Date
      • 06 April 2018
      • Effective Date
      • 06 May 2018
    • Effective Sunday, May 6, 2018 for trade date Monday, May 7, 2018, and pending all relevant CFTC regulatory review periods, New York Mercantile Exchange (“NYMEX” or “Exchange”) will amend Rule 106101.C. (“Price Increments”) of the Palladium Futures contract and Rule 119101.C. (“Price Increments”) of the Palladium Option contract (the “Contracts”) (collectively, the “Rule Amendments”) to increase the minimum price fluctuation of the Contracts for trades executed on the CME Globex electronic trading platform and submitted for clearing on CME ClearPort.

      Please refer questions on this subject to:

      Joann Arena            joann.arena@cmegroup.com         (212) 299-2356

      Thomas Hart            thomas.hart@cmegroup.com         (212) 299-2358

      Please click here for PDF of SER-8118.