Clearing House Advisory Notices
To | All Firm Personnel, Service Bureau Representatives & Independent Software Vendors
From | Clearing House Department
Subject | LIBOR Options Minimum Price Increment Change
Notice Date | 2005-11-07
Notice Number | 05-256
Effective Date | 2005-11-07
Effective Monday, November 14, 2005, the minimum price increment on LIBOR options on futures will change from 0.0050 IMM index points (one-half tick) to 0.0025 (one-quarter tick) across all contract months. This change is being made to keep the LIBOR options minimum price increment consistent with that of the underlying futures contract. If you have any questions regarding this notice, please contact Laura Sutor at 312.648.5480, email lsutor@cme.com, or Lisa Amato at 312.338.2654, email lamato@cme.com. Printer Friendly Version. . .