• Product Modification Summary: Decrease the Dynamically-Listed Strike Price Increment for the Chicago Ethanol (Platts) Average Price Option Contract - Effective: March 30, 2020

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 20-080
      • Notice Date
      • 06 March 2020
      • Effective Date
      • 30 March 2020

    • Effective Sunday, March 29, 2020 for trade date Monday, March 30, and pending all relevant CFTC regulatory review periods, please be advised that the New York Mercantile Exchange, Inc. (NYMEX or EXCHANGE) will amend the dynamic strike interval for Chicago Ethanol (Platts) Average Price Option (Clearing Code CVR/Globex Code CVR). Specifically, the dynamic strike price interval changes from 0.0500 to 0.0250 on CME Globex and for submission for clearing on CME ClearPort.

      For the full text of this advisory, please click here.

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