• Minimum Price Fluctuation Limit Reduction for Natural Gas Contracts

      • To
      • Clearing Member Firms; Bookkeeping Software Providers, ISVs
      • From
      • CME Clearing
      • #
      • 12-157
      • Notice Date
      • 10 April 2012
      • Effective Date
      • 15 April 2012

      Effective Sunday, April 15, 2012, for trade date Monday, April 16, 2012, please be advised that the New York Mercantile Exchange, Inc. (NYMEX or Exchange) will reduce the minimum price fluctuation for the natural gas contracts, listed in the table below, from $0.0025 per MMBtu to $0.0001 per MMBtu.

      The Exchange shall provide notification to the Commodity Futures Trading Commission of the amendments to the respective "Products and Fluctuations" rules for these contracts, in order to reflect the reduction of the minimum price fluctuation, within one week following the effective date of this change. The rule amendments are also provided below in black-line format.

      For the full text of this advisory...