• Product Modification Summary Copper Options - change exercise month to active futures month

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 15-254
      • Notice Date
      • 27 August 2015
      • Effective Date
      • 13 September 2015

    • Effective Sunday, September 13, 2015 for trade date Monday, September 14, 2015, and pending all relevant CFTC regulatory review periods, please be advised that the Commodity Exchange Inc. (COMEX or EXCHANGE) will change the underlying futures contract month for Copper Options (HX) from the corresponding futures contract to the next active futures contract (see below) on CME Globex and Open Outcry, and will be available for submission for clearing on CME ClearPort beginning with the April 2016 contract. All option expiries prior to April 2016 will continue to exercise into the corresponding futures contract.

      For the full text of this advisory, please click here. 

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