• Modification to Settlement Price Determinations in CBOT $10 Dow Options

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5173
      • Notice Date
      • 22 March 2010
      • Effective Date
      • 29 March 2010
    • Effective on March 29, 2010, CME Group will modify the manner in which settlement prices are determined in options on CBOT $10 Dow Jones Industrial Average futures, which will harmonize settlement price determinations across all CME Group equity options products.

       

      Currently, the $10 Dow options settlement prices are determined separately from the $5 Dow options contracts.  As of March 29, 2010, settlement prices for the $10 Dow options will be determined solely with reference to bid, offer and trade prices in the $5 options contract.

       

      Questions regarding this change may be directed to Dave Kempes, Associate Director, TF Operations, 312.341.3107 or Arthur Rodriguez, Manager, TF Operations, 312.341.3101.