• Minimum Tick Increment Change for Euroyen TIBOR - Effective May 16, 2010

      • To
      • Quote Vendors
      • From
      • Market Data Operations
      • #
      • Q2010-86
      • Notice Date
      • 29 April 2010
      • Effective Date
      • 16 May 2010
    • Effective Sunday May 16, 2010 (trade date Monday, May 17), the front four quarterly Euroyen TIBOR futures and all related spreads, and the corresponding serial and quarterly Euroyen TIBOR options will begin trading in 0.25 basis point increments.


      Futures and future spreads will be implied only within the front four quarterly expirations. Futures spreads between the front four quarterly contracts and deferred expiration months; e.g., June 2010 (Q1) vs June 2011 (Q5), will be eligible to trade in .25 basis point increments, but will not be implied.


      These changes will be available for quote vendor testing in New Release on Monday May 3, 2010.


      Please contact Market Data Operations (MDO) at mdo@cmegroup.com, if you have any questions concerning this notice.