• Product Modification Summary: Reduction of the Minimum Price Fluctuation of the Micro Silver Futures Contract - Effective: September 21, 2020

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 20-334
      • Notice Date
      • 26 August 2020
      • Effective Date
      • 21 September 2020

    • Effective Sunday, September 20, 2020 for trade date Monday, September 21, 2020, and pending all relevant CFTC regulatory review periods, please be advised that Commodity Exchange, Inc. (COMEX or EXCHANGE) will amend the minimum price increment for Micro Silver Futures. The minimum tick is changing from 0.01 to 0.005. There is no change to DPL (Display Price Locator) which is already set at 3 to enable spread transactions.

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

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