• Strike Interval Reduction

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 14-230
      • Notice Date
      • 12 June 2014
      • Effective Date
      • 22 June 2014
    • Strike Interval Reduction

      Effective Sunday, June 22, for trade date Monday, June 23, the Chicago Mercantile Exchange, Inc. (CME or Exchange) will reduce the strike interval for options on Mexican Peso/U.S. Dollar (MXN/USD) futures from an increment of .000625 to .000500 listed in the table below. The strike price DPL will remain unchanged at 6.

      With this change, the strike price listing rules will be expanded from ± 24 ATM to ± 30 ATM for all trading maturities on CME Globex, the CME trading floor and for submission for clearing on CME ClearPort.

       

      Code

      Clearing / Globex

      Title

      Current Strike Interval

      New Strike Interval

      (as of 6/22)

      MP/1M

      MEXICAN PESO OPTIONS Week 1

      .000625

      .000500

      MP/2M

      MEXICAN PESO OPTIONS Week 2

      .000625

      .000500

      MP/3M

      MEXICAN PESO OPTIONS Week 3

      .000625

      .000500

      MP/4M

      MEXICAN PESO OPTIONS Week 4

      .000625

      .000500

      MP/5M

      MEXICAN PESO OPTIONS Week 5

      .000625

      .000500

      MP/6M

      MEXICAN PESO OPTIONS Long dated

      .000625

      .000500

       

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