Clearing  House Advisory Notices
To Clearing Member Firms
From Clearing House Department
Subject Changes to CME Frost Days Month and Seasonal Futures and Options Contract
Notice Date 2007-04-17
Notice Number 07-93
Effective Date 2007-04-17

On Monday, April 23, 2007, changes in Trading Unit size, Price Increments and Minimum Fluctuations on CME® Frost Days Monthly and Seasonal Futures and Options contracts will take effect.  The changes follow:

  • Trading Unit Size:  The size of the unit of trading will be 1,000 Euros (€) times the respective CME Seasonal Frost   Days Index (current size is 10,000€).
  •  Price Increments:  The minimum price fluctuation is 1 index point, with a value of 1,000 Euros (€).
     
  • Minimum Fluctuation:  The minimum fluctuation will be 1 index point, with a value of 1,000 Euros (€).

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

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