Messaging Efficiency Program New Product Group Additions

  • 1 Feb 2016
  • By CME Group

Effective trade date Monday, February 1, 2016, the following product groups and levels will be added to the Messaging Efficiency Program:

Product Group

Product

Tier 3 Ratio

Tier 2 Ratio

Tier 1 Ratio

LE

Live Cattle Futures & Spreads

60:1

40:1

20:1

GF

Feeder Cattle Futures & Spreads

180:1

120:1

60:1

HE

Lean Hog Futures & Spreads

75:1

50:1

25:1

ZU

Ultra U.S. Treasury Bond Futures & Spreads

75:1

50:1

25:1

The Product Group Benchmark Ratios are published quarterly, unless business circumstances for a particular product or product group require changes to be implemented more frequently.

The CME Globex Messaging Efficiency Program creates fair business guidelines by which customers are billed a surcharge for overly high message rates.

Please contact your Global Account Manager in the U.S. at 312 634 8700, in Europe at 44 203 379 3754, or in Asia at 65 6593 5505 with any questions.