• Changes for Boston and New York Snowfall Contracts - Effective Sunday, December 6, 2009

      • To
      • Quote Vendors
      • From
      • Market Data Operations
      • #
      • Q2009-257
      • Notice Date
      • 13 November 2009
      • Effective Date
      • 06 December 2009
    • Effective Sunday, December 6, 2009, the following changes to Snowfall Monthly and Seasonal Strip futures and options will be made:

       

      Trade Unit or Contract Size for both monthly and seasonal strip futures and options:

       

      City

      Product Code

      Current Value

      New Value

      Boston

      SB

      $200

      $500

      New York

      SX

      $200

      $500

      Minimum Fluctuations and Price Increments for both monthly and seasonal strip futures and options:

       

      City

      Product Code

      Current Value

      New Value

      Boston

      SB

      $20

      $50

      New York

      SX

      $20

      $50

      Strike range for Monthly Options

       

      City

      Product Code

      Current Range

      New Range

      Boston

      SB

      0 - 10

      0 - 50

      New York

      SX

      0 - 10

      0 - 50

      Strike range for Seasonal Options

       

      City

      Product Code

      Current Range

      New Range

      Boston

      SB

      0 - 100

      0 - 200

      New York

      SX

      0 - 100

      0 - 200

      These changes will be available in New Release for quote vendor testing Monday, November 18, 2009.

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