• Product Modification Summary: JPYUSD Futures Tick Reduction

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 15-122
      • Notice Date
      • 06 May 2015
      • Effective Date
      • 21 June 2015

    • Effective Sunday, June 21st for trade date Monday, June 22nd, 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 Japanese Yen/US Dollar Futures.  The minimum tick is changing from 0.000001 to 0.0000005.

      DPLs for outright Futures and the Spreads will not change and will remain at a current precision of 7.

       

      Code

      TCC/Clearing / Globex

      Title

      Current Tick Rule

      New Tick Rule

      (as of 06/22/15)

      J1/JY/6J

      Japanese Yen/US Dollar Futures

      0.000001

      0.0000005

       

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      Regards,

      CME Clearing

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