• Revised Launch Date for New Standard-Size and E-micro-Size U.S. Dollar/Offshore Chinese Renminbi USD/CNH Futures to Launch Sunday, February 24, 2013

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 12-469
      • Notice Date
      • 01 November 2012
      • Effective Date
      • 24 February 2013
    • The Chicago Mercantile Exchange Inc. (“CME” or “Exchange”) is moving the launch date of
      the new Standard-size and E-micro-size U.S. Dollar/Offshore Chinese Renminbi (“USD/CNH”)
      futures contracts that were originally scheduled to be listed for trading on CME Globex® and
      CME ClearPort® on Sunday, November 18, 2012 for trade date Monday, November 19, 2012. Refer to Clearing Advisory “12-400” previously published on September 19, 2012.
      The revised launch date for the new Standard-size and E-micro-size USD/CNH futures
      contracts will be Sunday, February 24, 2013 for trade date Monday, February 25, 2013.
      This advisory describes CME’s new physically delivered FX futures on the exchange rate between the US Dollar and the Offshore Chinese Renminbi. These are referred to as Standard USD Offshore Renminbi (USD/CNH) Futures and E-micro USD Offshore Renminbi (USD/MNH) Futures.   The Globex and clearing product codes for the two new futures are CNH and MNH, respectively.
      For the full text of this advisory....