• Decrease in Minimum Price Fluctuation for Cleared CME S&P GSCI-ER Swaps

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-6238
      • Notice Date
      • 11 May 2012
      • Effective Date
      • 14 May 2012
    • Effective for Monday, May 14, 2012, the minimum price fluctuation for CME S&P GSCI-ER cleared swaps will be decreased from 0.001 Index points to 0.0001 Index points. This change will apply to cleared swaps on S&P GSCI-ER Index, S&P GSCI Gold Excess Return Index, S&P GSCI Crude Oil Excess Return Index, S&P GSCI-ER Index 2 Month Forward and S&P GSCI-ER Index 3 Month Forward. CME rule amendments are as follows, with additions underlined and deletions overstruck.

      For the full Special Executive Report, please click here (PDF).