• POSTPONED - Price Format Changes to CBOT Dow Index Products and CBOT Options on OTC Ethanol Forward Swaps

      • To
      • Quote Vendors
      • From
      • Market Data Operations
      • #
      • Q2009-027
      • Notice Date
      • 10 March 2009
      • Effective Date
      • 10 March 2009
    • The following changes that were scheduled to be implemented on Monday, March 16 have been postponed.

      A new implementation date will be announced as soon as possible.

       

       

      Due to customer demand, ITC2 price formats and fractional indicators will be changing on the following products:

       

      Product

      Current fractional indicator/ price example

      NEW fractional indicator/ price example

      Current strike decimal locator/example

      New strike decimal locator/example

      $10 Dow Futures

      0
      0007995

      2
      0799500

      NA

      NA

      Options on $10 Dow Futures

      2
      0004475

      2 (no change)
      0004475

      0
      0008600

      2
      0860000

      $5 Dow Futures

      0
      0008159

      2
      0815900

      NA

      NA

      Options on $5 Dow Futures

      0
      0002010

      2
      0201000

      0
      0006150

      2
      0615000

      $25 Dow Futures

      0
      0008114

      2
      0811400

      NA

      NA

      Options on OTC Ethanol Swaps

      3
      0000348

      4

      0003480

      3

      0001250

      4

      0012500

       

      Please contact Market Data Operations (MDO) at mdo@cmegroup.com, if you have any questions concerning this notice.