New  Product Advisory Notices
To Clearing Member Firms
From Clearing House Department
Subject CBOT Binary Options on the Target Federal Funds Rate
Notice Date 2006-07-07
Notice Number NP 06-24
Effective Date 2006-07-12

On July 12, 2006, CBOT will launch trading in CBOT Binary Options on the Target Federal Funds Rate.

Additional documentation was published on June 19 in Clearing Advisory 06-154, available at:

http://www.cme.com../files/Chadv06-154.pdf

For the full text of this advisory . . .