Effective Sunday, August 29, 2010, (trade date Monday, August 30), CME Group will implement the following changes for the U.S. Midwest Domestic Hot-Rolled Coil Steel Futures contract (Commodity code HR) available for trading on CME Globex and for clearing through CME ClearPort:
· Expansion of listed contract months listing from current eighteen (18) consecutive contract months to twenty-four (24) consecutive contract months.
· Reduce the minimum price fluctuation (tick size) from $5.00 per short ton to $1.00 per short ton.