Effective Sunday, December 10, 2006 (trade date Monday, December 11, 2006), the contract size will be reduced on CME Frost Days Products (CME Frost Days Futures and Options on Futures, CME Seasonal Frost Days Futures and Options on Futures) from 10,000 Euros (€) to 1,000 Euros (€).  Consequently, the minimum fluctuation and price increment will be reduced from 10,000 Euros (€) to 1,000 Euros (€).  The clearing codes of the affected products are listed below.

Contract Name                                                                            Clearing Code

This change is being made at the request of customers who desire a smaller contract size.

There is currently no open interest in any of these products.  However, clearing member and service bureau customers are advised to make the necessary changes in their systems to ensure correct pay/collect values at such time that a trade occurs.

For questions regarding this notice, please contact CME Clearing Services at (312) 207-2525. Thank you.  

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