Clearing House Advisory Notices
To | All Firm Personnel, Service Bureau Representatives, and Independent Software Vendors
From | Clearing House Department
Subject | Revised: GLOBEX Equity Options Enhancements:- Effective November 8, 2004
Notice Date | 2004-10-15
Notice Number | 04-184
Effective Date |
As of November 4, 2004, this advisory has been updated. Effective November 8, 2004, (Sunday, November 7 on GLOBEX), the tick increments for E-mini S&P equity options will change from a standard tick size of 0.25 to a variable tick size. Please note that the S&P 500®, S&P/Barra GrowthTM and S&P/Barra ValueTM already use a variable tick size, as detailed in the table on the following page. The variability thresholds for the latter three products will also change on the same date. If you have any questions regarding this notice, please contact: Lisa Amato lamato@cme.com 312.338.2654 Laura Sutor lsutor@cme.com 312.648.5480 For the full text of this advisory...