Special Executive Report (SER) # 5898, issued on Wednesday, August 31, 2011, advised that On Monday, September 26, 2011, CME Group would add weekly options to its current line-up of standard and serial options on CBOT Soybean Meal and Soybean Oil futures and on CME Live Cattle futures.
During the product launch process, some market participants were confused by the strike price intervals that will be listed for Weekly Soybean Meal Options. To improve clarification, the Exchange has revised the Rulebook Chapter. Note that this is not a material change, but rather a minor rearranging of language for the purpose of clarification. Please see Attachment 4 for the newly proposed Rulebook language revision.
For the full Special Executive Report, please click here (PDF).