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Change in Notification Day for Cattle Carcass Delivery
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- To
- Clearing Member Firms; Back Office Managers
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- From
- CME Clearing
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- #
- 14-284
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- Notice Date
- 16 July 2014
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- Effective Date
- 20 July 2014
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Live Cattle Futures Carcass Delivery
Effective Sunday, July 20, 2014 for trade date Monday, July 21, 2014, and pending all relevant CFTC regulatory review periods, the Chicago Mercantile Exchange Inc. (CME or Exchange) will amend Rule 10103.C. (Carcass Graded Deliveries) such that the day for the Clearing House to notify sellers of the buyer’s election of cattle carcass grading for deliveries in the CME Live Cattle futures contract (Rulebook chapter: 101; Clearing Code: LC; CME Open Outcry Code: LC; CME Globex Code: LE; CME ClearPort Code: 48) will be amended from the second to the third business day prior to the slaughter day for all contract months beginning with the August 2014 contract month.
For the full text of this advisory, please click here.
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CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.
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Phone: +1 312 930 1000
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