• 5:1 Offset CBOT Mini-Sized Agriculture Futures Effective Monday, September 17, 2012

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 12-391
      • Notice Date
      • 13 September 2012
      • Effective Date
      • 17 September 2012
    • Effective Monday, September 17, 2012, CME will allow firms to execute offset transactions in the CBOT Mini-sized Agricultural Futures.  The offset ratio will be five Mini-sized future contracts to one Full-sized future contract.  In order to allow the Mini-sized future contracts to be offset with their respective Full-sized future contracts, the delivery specifications for the Mini-sized Agricultural future contracts will be modified so that on any day during the delivery period; only deliveries in multiples of five contracts will be allowed for Mini-sized Agricultural future contracts.  On last intent day, any quantity of Mini-sized future contracts may be tendered for delivery.

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