• Increase of CME Globex Committed Cross Better Price Match Percentage for FX Options

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-8213
      • Notice Date
      • 22 August 2018
      • Effective Date
      • 09 September 2018
    • Effective Sunday, September 9, 2018 for trade date Monday, September 10, 2018, and pending all relevant CFTC regulatory review periods, Chicago Mercantile Exchange Inc. (“CME”) will amend CME Rule 539.C. (“Crossing Protocols Table”) to increase the Better Price Match (“BPM”) percentages for Committed Cross (“C-Cross”) transactions for CME FX Option Contracts from 20% to 50%.


      Please direct questions regarding this notice to:

      Asia

      Ravi Pandit                       +65 6593 5562                     Ravi.Pandit@cmegroup.com

      Europe

      Paul Houston                    +44 20 3379 3355                Paul.Houston@cmegroup.com

      Divay Malhotra                  +44 20 3379 3796                Divay.Malhotra@cmegroup.com

      U.S.

      Matthew Gierke                 +1 312 930 8543                 Matthew.Gierke@cmegroup.com

      Craig LeVeille                    +1 312 454 5301                 Craig.LeVeille@cmegroup.com


      Kevin McMillin                    +1 312 930 8264                 Kevin.McMillin@cmegroup.com

       

      Please click here for PDF of SER-8213.