• Product Modification Summary: Change Minimum Tick Size of EUA Products - May 31, 2015

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • NP 15-16
      • Notice Date
      • 13 May 2015
      • Effective Date
      • 31 May 2015
    • Minimum Price Increment Change

      Effective Sunday, 31st of May for trade date Monday, 1st of June, and pending all relevant CFTC regulatory review periods, please be advised that the NYMEX will amend the minimum price tick, daily and final settlement ticks for the EUA futures and options listed on NYMEX. 

      The minimum tick, daily and final settlement is changing from 2 decimal places (€0.01 per EUA or €10.00 per contract) to 4 decimal places (€0.0025 per EUA or € 2.50 per contract).

      Code

      Clearing / Globex

      Title

      Current Tick Rule

      New Tick Rule

      (as of 31st of May)

      EUL / EUL

      Daily European Union Allowance (EUA) Futures

      €0.01(2 DPL)

      €0.0025 (4 DPL)

      6T / EAF

       

      Monthly European Union Allowance (EUA) Futures

      €0.01(2 DPL)

      €0.0025 (4 DPL)

      6U / EAX

      In Delivery Month European Union Allowance (EUA) Options

      €0.01(2 DPL)

      €0.0025 (4 DPL)

      9G / 9G

      In Delivery Month European Union Allowance (EUA) Serial Options

      €0.01(2 DPL)

      €0.0025 (4 DPL)

      Regards,

      CME Clearing

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