• Large Trader Requirements, Amendments to the Brazilian Real, Mexican Peso and South African Rand Futures

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-6704
      • Notice Date
      • 28 June 2013
      • Effective Date
      • 30 June 2013
    • In connection with the amendments to the Brazilian Real, Mexican Peso and South African Rand Futures effective Sunday, June 30, 2013, for trade date Monday, July 1, 2013, please note below the corresponding increases in the spot month/single month/all month accountability levels. Effective trade date July 1, 2013, and pending all relevant CFTC regulatory review periods, the terms and conditions for these contracts will be inserted in the CME Position Limit Position Accountability and Reportable Level Tablelocated in the Interpretations and Special Notices Section of Chapter 5 of the CME Rulebook, as noted below.
      The commodity code is provided for the Clearing Members that file reports pursuant to CME Rule 561.A in a machine-readable format. 
       
      (Bold/underline indicates addition; strikethrough indicates deletion)
       

      Contract Name
      Rule Chapter
      Commodity Code
      Initial Spot-Month Limit (In Net Futures Equivalents) Leg (1)/ Leg (2)
      Single Month Accountability Level (In Net Futures Equivalents) Leg (1) / Leg (2)
      Single Month Limit (In Net Futures Equivalents) Leg (1) / Leg (2)
      All Month Accountability Level (In Net Futures Equivalents) Leg (1) / Leg (2)
      All Month Limit (In Net Futures Equivalents) Leg (1) / Leg (2)
      Brazilian Real/U.S. Dollar (BRL/USD)
      BR
       
       
      24,000 30,000
       
      40,000 60,000
      Brazilian Real week 1
      1R
       
       
      24,000 30,000
       
      40,000 60,000
      Brazilian Real week 2
      2R
       
       
      24,000 30,000
       
      40,000 60,000
      Brazilian Real week 3
      3R
       
       
      24,000 30,000
       
      40,000 60,000
      Brazilian Real week 4
      4R
       
       
      24,000 30,000
       
      40,000 60,000
      Brazilian Real week 5
      5R
       
       
      24,000 30,000
       
      40,000 60,000
      Mexican Peso/U.S. Dollar (MXN/USD)
      MP
      20,000 45,000
      6,000
       
      6,000
       
      Mexican Peso week 1
      1M
      20,000 45,000
      6,000
       
      6,000
       
      Mexican Peso week 2
      2M
      20,000 45,000
      6,000
       
      6,000
       
      Mexican Peso week 3
      3M
      20,000 45,000
      6,000
       
      6,000
       
      Mexican Peso week 4
      4M
      20,000 45,000
      6,000
       
      6,000
       
      Mexican Peso week 5
      5M
      20,000 45,000
      6,000
       
      6,000
       
      South African Rand/U.S. Dollar (ZAR/USD)
      RA
      5,00020,000
      6,000
       
      6,000
       
      South African Rand week 1
      1N
      5,00020,000
      6,000
       
      6,000
       
      South African Rand week 2
      2N
      5,00020,000
      6,000
       
      6,000
       
      South African Rand week 3
      3N
      5,00020,000
      6,000
       
      6,000
       
      South African Rand week 4
      4N
      5,00020,000
      6,000
       
      6,000
       
      South African Rand week 5
      5N
      5,00020,000
      6,000
       
      6,000
       

       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
      Please refer questions on this subject to:
      Market Surveillance
      Sandra Valtierra             Sandra.Valtierra@cmegroup.com                       (312) 347-4137

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