• Hurricane Seasonal Event Futures and Options Contracts

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 14-149
      • Notice Date
      • 09 April 2014
      • Effective Date
      • 13 April 2014
    • Contract Multiplier and Tick Value Change

      Effective Sunday, April 13, 2014 for trade date Monday, April 14, 2014 and pending all relevant CFTC regulatory review periods, please be advised that the Chicago Mercantile Exchange, Inc. (CME or EXCHANGE) will amend the contract size and multiplier for the Hurricane Seasonal Event futures in the table below. The contract multiplier is changing from 1,000 to 100,000 index points. The value per tick is changing from $100 to $10,000 per tick.  The minimum tick remains the same at 0.1 index points. 


      For the full text of this advisory, please click here.