• Product Modification Summary: Minimum Price Increment Change, Clearing Codes XO and XQ

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 13-586
      • Notice Date
      • 26 December 2013
      • Effective Date
      • 05 January 2014
    • Effective Sunday, January 5, 2014 for trade date Monday, January 6, and pending all relevant CFTC regulatory review periods, please be advised that the New York Mercantile Exchange, Inc. (“EXCHANGE”) will amend the minimum price increment for the below listed products from 0.001 to 0.0001(DPL 3 to 4). The product names will be changed and they will be made tradable as they are currently non-tradable synthetic futures as option underliers.

      Clearing / Globex
      Old Product Name
      New Product Name
      Old min tick(DPL)
      New min tick(DPL)
      Chicago City Gate Pipe
      Chicago Natural Gas (Platts IFERC) Fixed Price Futures
      PGE CityGate Pipe
      PG&E Citygate Natural Gas (Platts IFERC) Fixed Price Futures


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