Effective trade date Monday, April 30, 2012, the Commodity Exchange, Inc. (COMEX or Exchange) will amend the minimum price fluctuation “per contract” for its Cleared OTC London Gold Forwards (collateral margin) (commodity code GB, rule chapter 334) to properly reflect the accurate minimum price fluctuation of $0.000001 per contract. In September 2011, the Exchange amended the minimum price fluctuation for the contract to $0.001 per fine troy ounce.
The Commodity Futures Trading Commission (CFTC) will be notified of the amendment to the minimum price increments during the week of May 7, 2012, via the weekly notification procedures set forth in Part 40 of the CFTC Regulations.
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Chapter 334: Cleared OTC London Gold Forwards (collateral margin)
334.01.C. Minimum Price Increments
Minimum price fluctuations shall be in multiples of one tenth of one cent ($0.001) per fine troy ounce which shall equal
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