Effective Sunday, July 5, 2015 for trade date Monday, July 6, 2015, and pending all relevant CFTC
regulatory review periods, Chicago Mercantile Exchange Inc. (CME or Exchange) will amend the price increment rules of thirty (30) foreign exchange (FX) futures contracts.
These amendments shall be effective concurrent with CME’s previous announcement to close most open outcry futures trading pits by July 2015.
Specifically, CME is deleting all references in the product rules relating to the price increments of these 30 FX futures contracts that reference: (1) Intra-currency spreads executed as simultaneous transactions on the trading floor pursuant to CME Rule 542.A. and (2) All–Or–None (AON) transactions executed pursuant to CME Rule 521.
Attachment 1 lists the 30 FX futures contracts that will require amendments to their product chapters.
Attachment 2 summarizes the proposed rule amendments to the relevant rules in black-line format.
Please direct questions regarding this notice to:
Will Patrick +44 20 3379 3721 Will.Patrick@cmegroup.com
Craig LeVeille +1 312 454 5301 Craig.LeVeille@cmegroup.com
Simon Burnham +1 312 930 3426 Simon.Burnham@cmegroup.com
Sean Hayden +1 312 338 2849 Sean.Hayden@cmegroup.com
Kevin McMillin +1 312 930 8264 Kevin.McMillin@cmegroup.com
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.