CME Group will be changing the Last Trade Rules of the existing Chinese Renminbi RMB/USD futures products on February 25th. The changes will be implemented on February 25th and will take affect for the July 2014 contract and beyond. The new Last Trade Date rule will be: Trading ceases at 9:00 a.m. Beijing time on the second Beijing business day immediately preceding the third Wednesday of the contract month. NOTE: The last trading day for February 2013 thru June 2014 expiries remains unchanged as the first Beijing business day before the third Wednesday of the contract month.
These contract changes are pending subject to certification with the Commodity Futures Trading Commission.
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The following products are available:
Product
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Clearing Ticker Symbol
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Clearing Code
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Standard-sized USD/RMB Futures
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RMB
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RMB
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For the full text of this advisory...