• CME ClearPort Notices: Changes to S&P and BTICs on S&P Futures on CME ClearPort

      • To
      • CME ClearPort Customers
      • From
      • Global Market Solutions & Services (GMSS)
      • #
      • 20230309
      • Notice Date
      • 09 March 2023
    • Changes to S&P and BTICs on S&P Futures on CME ClearPort

      Effective this Sunday, March 12 (trade date Monday, March 13), the last trade date and BTIC minimum price increment will be amended as follows for the following S&P and BTICs on S&P Index futures for transactions submitted for clearing via CME ClearPort.

      CHANGES TO S&P AND BTICS ON S&P FUTURES ON CME CLEARPORT
      PRODUCT CLEARING CODE CURRENT LAST TRADE DATE NEW LAST TRADE DATE CURRENT MINIMUM TICK (INDEX POINTS) NEW MINIMUM TICK (INDEX POINTS)
      S&P Growth Index futures SG Trading terminates at 3:15 p.m. on the Business Day immediately preceding the Business Day scheduled for determination of the Final Settlement Price Trading terminates at 8:30 a.m. CT
      (9:30 a.m. ET) on the third Friday of the contract month
      N/A N/A
      S&P Value Index futures SU Trading terminates at 3:15 p.m. on the Business Day immediately preceding the Business Day scheduled for determination of the Final Settlement Price Trading terminates at 8:30 a.m. CT
      (9:30 a.m. ET) on the third Friday of the contract month
      N/A N/A
      BTIC on S&P Growth Index futures SGT N/A N/A 0.1 0.05
      BTIC on S&P Value Index futures SUT N/A N/A 0.1 0.05
      BTIC S&P Smallcap 600 futures SMT Third Friday of the contract Month. If that is not a business day then it is the prior business day 3:00 p.m. CT on the business day before the third Friday of the contract Month. If that is not a business day then it is the prior business day 0.1 0.05

      These futures and amendments will be available on CME Globex as reflected in the CME Globex Notice and the Executive Special Report SER-9144.

      This enhancement is currently available for customer testing in New Release.