• CSO Additional Listing Cycles and Change to Strike Intervals- Effective July 27, 2009

      • To
      • Quote Vendors
      • From
      • Market Data Operations
      • #
      • Q2009-151
      • Notice Date
      • 09 July 2009
      • Effective Date
      • 27 July 2009
    • Effective trade date Monday, July 27, 2009, the listing cycles for CSO contracts will be expanded to include additional non-consecutive spreads for Corn, Wheat and Soybean options on futures. In addition, the strike intervals for all non-consecutive spreads will change from one cent to five cents, while the consecutive spread options will remain at one cent strikes.

       

      Product

      CME Globex Code

      Floor Code

      Strike Increments

      CORN

      Consecutive Corn CSO*

      CZC

      PYC

      0.01

      JULY-DEC Corn CSO**

      CZ6

      CC6

      0.05

      DEC-JULY Corn CSO

      CZ8

      8CC

      0.05

      DEC-DEC Corn CSO

      12C

      CCZ

      0.05

      WHEAT

      Consecutive Wheat CSO*

      CZW

      WZC

      0.01

      DEC-JULY Wheat CSO**

      WC6

      CW6

      0.05

      JULY-DEC Wheat CSO

      WCM

      CWM

      0.05

      JULY-JULY Wheat CSO

      12W

      CWN

      0.05

      SOYBEAN

      Consecutive Soybean CSO*

      CZS

      ZSC

      0.01

      JULY-NOV Soybean CSO**

      SZ5

      SC5

      0.05

      JAN-MAY Soybean CSO

      SZK

      KSC

      0.05

      NOV-JULY Soybean CSO

      SZ9

      SX9

      0.05

      NOV-NOV Soybean CSO

      12S

      SCX

      0.05

      SOYBEAN MEAL

      Consecutive Soybean Meal CSO*

      CZM

      MYC

      0.01

      JULY-DEC Soybean Meal CSO**

      MC6

      SM6

      0.05

      SOYBEAN OIL

      Consecutive Soybean Oil CSO*

      CZL

      COY

      0.01

      JULY-DEC Soybean Oil CSO**

      OC6

      CO6

      0.05

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      *Formerly named “Nearby”

      **Formerly named “Old Crop / New Crop”

       

      Testing Information

       

      These products will be available for Quote Vendor testing in the new release environment starting July 13, 2009. In addition, an ITC 2.1 ticker testing will be held on Friday July 24, 2009 at approximately 5:00 p.m.

       

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