• Notice of Option Exercise Deadline Time Change

      • To
      • Clearing Member Firms; Floor Brokers; Floor Clerks
      • From
      • CME Clearing
      • #
      • 10-411
      • Notice Date
      • 29 September 2010
      • Effective Date
      • 01 October 2010
    • In response to recent market feedback, the Clearing House Risk Committee approved a recommendation to change the NYMEX and COMEX option exercise/abandon deadline from 5:30 p.m. back to 4:30 p.m. (ET) effective Friday, October 1, 2010.     As a result, clearing members and customers have the same reporting requirements that were in place prior to the change to 5:30 p.m. on August 16, 2010.    If you have any questions, please call Tony Di Benedetto at (212) 299-2152, or Steve Staszak at (312) 930-3189.