• Reduction of Minimum Price Increment Rule of the 5-Year USD MAC Swap Futures Contract

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-8020
      • Notice Date
      • 08 November 2017
      • Effective Date
      • 03 December 2017

    • Effective Sunday, December 3, 2017, for trade date Monday, December 4, 2017, and pending all relevant CFTC regulatory review periods, The Board of Trade of the City of Chicago, Inc. (“CBOT” or “Exchange”) will amend CBOT Rule 52102.C. (“Price Increments”) of the 5-Year US Dollar Interest Rate Swap Futures contract (the “Contract”) (Rulebook Chapter 52; CME Globex and CME ClearPort Code:  F1U) to reduce the minimum price increment (“MPI”) from ½ of 1/32nd ($15.625 per contract) to ¼ of 1/32nd ($7.8125 per contract).

      Please refer questions regarding to:

      Ted Carey                          ted.carey@cmegroup.com                     312.930.8554

      Nick Johnson                     nick.johnson@cmegroup.com                312.338.2407

      Jonathan Kronstein            jonathan.kronstein@cmegroup.com       312.930.3472

      Mark Rogerson                  mark.rogerson@cmegroup.com             44.20.3379.3795


      Please click here for PDF of SER-8020.

      Reduction of Minimum Price Increment Rule of the 5-Year USD MAC Swap Futures Contract

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