Client  Management Advisory Notices
To Clearing Member Firm Personnel, Service Bureau Representatives and Independent Software Vendors
From Client Management Operations
Subject New Price Limits for Live Cattle and Feeder Cattle Effective Pending CFTC Approval
Notice Date 2003-12-16
Notice Number NP#0264
Effective Date  

Pending CFTC approval, CME’s Board of Directors has approved amendments to the daily price limits for Live Cattle and Feeder Cattle futures.  The amendments change the daily price limits to $.03 per pound, with no expandable limits.  The Exchange intends to make these amendments effective for all contract months, following CFTC approval.

If you have any questions regarding this notice, please contact Lisa Amato at 312.338.2654, or email lamato@cme.com.

Thank you.