Effective Sunday, September 11, 2016 for trade date Monday, September 12, 2016, New York Mercantile Exchange, Inc. (“NYMEX” or “Exchange”) will reduce the minimum price fluctuation of natural gas inter-commodity options spreads for trading on CME Globex from $ 0.001 per MMBtu to $ 0.0001 per MMBtu. The rule amendments are administrative in nature and will not have an impact on the minimum price fluctuation of the underlying natural gas options products. It should be noted that the minimum price fluctuation for submission for clearing of these inter-commodity futures spreads through CME ClearPort shall remain unchanged.
Please refer questions on this subject to:
Jeff White Jeff.firstname.lastname@example.org (212) 299-2325
Adila Mchich Adila.email@example.com (212) 299-2270
Please click here for PDF of SER-7699.
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