Effective Sunday, November 6, 2011, for trade date Monday, November 7, 2011, the Commodity Exchange, Inc. (COMEX or Exchange) will expand the strike price listing rule for the Short-Term Gold Option contract (Chapter 1067, commodity code L01-L31). The expansion from ten (10) to forty (40) strike price increments is intended to provide the trading community with greater flexibility. Short-Term Gold Options are listed for trading on the COMEX trading floor and CME Globex and for submission for clearing through CME ClearPort. The Exchange shall provide notification of the expansion of strike price increments to the Commodity Futures Trading Commission within one week following the effective date of these changes.
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