Product Modification Summary: Reduction of Minimum Price Fluctuation for Natural Gas Inter-Commodity Options Spreads
To
Clearing Member Firms; Back Office Managers
From
CME Clearing
#
16-344
Notice Date
29 August 2016
Effective Date
12 September 2016
Amend the DPL for Henry Hub Natural Gas Option (ON) from 3 to 4 to help facilitate inter-commodity spreads with Henry Hub Natural Gas European Financial Option (LN) on Globex.