• New Standard-Sized U.S. Dollar / Offshore Chinese Renminbi (CNH) Futures and Emicro U.S. Dollar / Offshore Chinese Renminbi (MNH) Futures to Launch Sunday, November 18, 2012

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-6392
      • Notice Date
      • 14 September 2012
      • Effective Date
      • 18 November 2012
    • This Special Executive Report contains the following:

      Section Description Page
      1 New Standard-Size U.S. Dollar / Offshore Chinese Renminbi (CNH) Futures and E-micro U.S. Dollar / Offshore Chinese Renminbi (MNH) Futures to Launch Sunday, November 18, 2012 1
        - Background on Chinese Renminbi Markets 1 1
        - CME Response to the Rise in the Offshore Chinese Renminbi Market 2
      2 Trading Hours and Venues 3
      3 Membership Access / New Product Access Program 3
      4 Initial Futures Contract Months 3
      5 Listing Procedures for Adding New USD/Offshore RMB (CNH) Product Contract Listings 4
      6 Termination of Trading Schedules for New USD/Offshore RMB (CNH & MNH) Futures 6
      7 Physical Delivery Procedures at Termination of Trading 7
      8 Position Limits and Hedge Exemptions / Failsafe Procedures 10
      9 Reportable Position Levels and Underlying Cash Instrument for a USD/CNH Futures EFRP 11
      10 Block Trading  11
      11 CME Globex® Error Trade Policy 11
      12 CME Globex Price Bands  12
      13 Contract Specifications Summary and CME Rulebook Contract Terms Appendices (1 - 6)  12

      1. New Standard-Sized U.S. Dollar / Offshore Chinese Renminbi (CNH) Futures and Emicro U.S. Dollar / Offshore Chinese Renminbi (MNH) Futures to Launch Sunday, November 18, 2012

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