Client Management Advisory Notice
From | Client Management
Subject | Reminder: Mixed Xylenes Futures will be traded electronically on GLOBEX2 - Effective Friday 9/21/01
Effective Date | 08/22/01
Notice Number | NP#0118
CONTRACT NAME: | Mixed Xylenes Futures
LISTING DATE: | September 21, 2001
DESCRIPTION: | Mixed Xylenes Futures will be traded electronically on GLOBEX2.
CONTRACT SIZE: | Futures: Each futures contract shall be valued at 42,000 gallons times the DeWitt Mixed Xylenes Index TM per gallon.
OPENING DAY HOURS: | 10:00 a.m. to 2:15 p.m.
GLOBEX2 TRADING HOURS: | 8:30 a.m. to 2:15 p.m., Monday-Friday (except Exchange holidays)
VALID CONTRACT MONTHS: | All twelve calendar months, with 6 consecutive contracts listed for trading at all times.
INITIAL CONTRACT MONTHS: | The initial contract months that will be listed for trading are November 2001, December 2001, January 2002, February 2002, March 2002 and April 2002.
TCC COMMODITY CODE: | MX
TICKER SYMBOL: | MX
MINIMUM PRICE INTERVALS: | Minimum price fluctuations shall be in multiples of $.001 per gallon (one tick).
DOLLAR VALUE PER TICK: | Each tick ($.001 per gallon) is equivalent to $42.00.
GLOBEX2 PRICE LIMITS: | $.10 per gallon ($4,200 per contract)
TERMINATION OF TRADING: | Trading shall terminate on the last business day of the contract month.
FINAL SETTLEMENT: | Cash settled to the DeWitt Mixed Xylenes Index TM
DELIVERY: | Cash settlement.
MINIMUM REPORTABLE LEVEL: | 25 contracts or greater.
CFTC REPORTABLE NUMBER: | Contact Judy Sepsey, CFTC, at (312) 353-9028.
PERFORMANCE BOND REQUIREMENTS: | To be published by the Clearing House.
CLEARING FEES: | To be published by the Internal Audit Department
ELIGIBLE MEMBERSHIP DIVISION: | CME, IMM, IOM and GEM
PRICE CONVENTIONS: Actual Price: TREX/TES Format: Trade Register: Recap Ledger: Unmatched Trade Notice: Trade Register File: Settlement Price File: SPAN File (SPAN): GLOBEX Price Entry Format: APS/GUS File Format: | Trade Price 1.325 1325 1.325 N/A 1325 1.325 1325 1325 1325 1325
FOR FURTHER INFORMATION: Please contact one of the following for further information: Settlement/Delivery Information: John Verde (312) 930-3185 Linda Elliott (312) 930-3174 Performance Bond Information: Risk Management Dept. (312) 648-3888 Position Limits: Ken Lovett (312) 648-3259 GLOBEX Information: John Restivo (312) 648-5475 General Information: Steve Mazur (312) 930-2035 Lisa Amato (312) 338-2654