Pursuant to Chicago Mercantile Exchange Inc. (“CME”) and The Board of Trade of the City of Chicago, Inc. (“CBOT”) (collectively, the “Exchanges”) Rule 579.A. (“Global Command Center – GCC Authority”), the CME Group Global Command Center (“GCC”) will take emergency action in connection with the General Election vote in the United States to be held on November 8, 2016. The Exchanges determined that there is a material likelihood that the vote may result in increased price volatility in CME and CBOT Interest Rate futures products during those hours when lower special price fluctuation limits are in effect. Accordingly, CME and CBOT are temporarily eliminating the lower special price fluctuation limits normally applicable during Extended Trading Hours (17:00 – 7:20 Central Time/CT - i.e., 5:00 p.m. – 7:20 a.m. CT) for trade date November 9, 2016 and replacing them with the higher special price fluctuation limits applicable during Regular Trading Hours. The emergency action is being taken as a precautionary measure and is intended to ensure fair and orderly trading in all these products which are subject to each CME and CBOT Rule 589. (“Special Price Fluctuation Limits”).
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