• Product Modification Summary: Change Minimum Price Increments In CME Bundle Futures and Bundle - Sunday, November 9, 2014

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 14-418
      • Notice Date
      • 28 October 2014
      • Effective Date
      • 09 November 2014
    • Minimum Price Increment Change

      Effective Sunday, November 9 for trade date Monday, November 10, and pending all relevant CFTC regulatory review periods, please be advised that the Chicago Mercantile Exchange Inc. (CME or EXCHANGE) will amend the minimum price increment for Eurodollar Bundle futures and options.  The minimum trading tick is changing from 0.005 points to 0.0025 points. There are no DPL changes.


      Code

      Clearing / Globex

      Title

      Current Trade Tick Rule

      New Trade Tick Rule

      (as of 11/9)

      BU2 / BU2

      2-Year Eurodollar Bundle Futures

      0.005 points

      0.0025 points

      BU2 / BU2

      2-Year Eurodollar Bundle Options

      0.005 points

      0.0025 points

      BU3 / BU3

      3-Year Eurodollar Bundle Futures

      0.005 points

      0.0025 points

      BU3 / BU3

      3-Year Eurodollar Bundle Options

      0.005 points

      0.0025 points

      BU5 / BU5

      5-Year Eurodollar Bundle Futures

      0.005 points

      0.0025 points

      BU5 / BU5

      5-Year Eurodollar Bundle Options

      0.005 points

      0.0025 points


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