• Minimum Price Increment Change for U.S. Midwest Domestic Hot-Rolled Coil Steel Index Average Price

      • To
      • Clearing Member Firms; Bookkeeping Software Providers; ISVs
      • From
      • CME Clearing
      • #
      • 13-170
      • Notice Date
      • 08 April 2013
      • Effective Date
      • 14 April 2013
    • Effective Sunday, April 14, 2013 for trade date Monday, April 15, 2013, and pending all relevant CFTC regulatory review periods, please be advised that the New York Mercantile Exchange, Inc. (NYMEX or EXCHANGE) will amend the minimum price increment for U.S. Midwest Domestic Hot-Rolled Coil Steel Index Average Price Option. The minimum tick is changing from 1.00 to 0.25.   
       
       
      Code
      Clearing / Globex
      Title
      Current Tick Rule
      New Tick Rule
      (as of 4/15/2013)
      HRO / HRO
      U.S. Midwest Domestic Hot-Rolled Coil Steel Index Average Price Option
      1.00
      0.25
       
       
       

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