• Changes for Boston and New York Snowfall Contracts-Effective Sunday, December 6, 2009

      • To
      • Clearing Member Firms; Chief Financial Officers; Back Office Managers
      • From
      • CME Clearing
      • #
      • 09-495
      • Notice Date
      • 12 November 2009
      • Effective Date
      • 06 December 2009
    • Effective Sunday, December 6, 2009, the following changes to Snowfall Monthly and Seasonal Strip futures and options will be made:
      Trade Unit or Contract Size for both monthly and seasonal strip futures and options:
      City
      Product Code
      Current Value
      New Value
      Boston
      SB
      $200
      $500
      New York
      SX
      $200
      $500
      Minimum Fluctuations and Price Increments for both monthly and seasonal strip futures and options:
      City
      Product Code
      Current Value
      New Value
      Boston
      SB
      $20
      $50
      New York
      SX
      $20
      $50
      Strike range for Monthly Options
      City
      Product Code
      Current Range
      New Range
      Boston
      SB
      0 - 10
      0 - 50
      New York
      SX
      0 - 10
      0 - 50
      Strike range for Seasonal Options
      City
      Product Code
      Current Range
      New Range
      Boston
      SB
      0 - 100
      0 - 200
      New York
      SX
      0 - 100
      0 - 200

      These changes will be available in New Release for customer testing Monday, November 23.

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