• Administrative Amendments to CME, CBOT, NYMEX, and COMEX Rule 588.H (Globex Non-Reviewable Trading Ranges)

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7002
      • Notice Date
      • 10 January 2014
      • Effective Date
      • 10 January 2014
    • Effective today, Friday, January 10, 2014, the Chicago Mercantile Exchange, Inc., Board of Trade of the City of Chicago, Inc., the New York Mercantile Exchange, Inc., and the Commodity Exchange, Inc. (collectively, “the Exchanges”) will implement administrative amendments to Rule 588.H (Globex Non-Reviewable Trading Ranges) in order to ensure the Exchanges’ rules remain in compliance with Commodity Futures Trading Commission Designated Contract Market (“DCM”) Core Principle 7 (“Availability of General Information”), which requires that DCMs make available to the general public accurate information concerning the contract market’s rules and regulations, contracts and operations. Correspondingly, the goal of the administrative amendments is to provide ease of use for market participants and to harmonize the language structure of the Exchanges’ product rules, to the greatest extent possible. The administrative amendments are stylistic in nature.


      To view the changes to the Rule 588.H which are located in Chapter 5 of the respective Exchanges’ Rulebooks, please click on the following link:


      Globex Non-Reviewable Trading Ranges


      Inquiries regarding the aforementioned may be directed to Kevin Bulman, Director Globex Global Command Center, at 312.456.2391 orkevin.bulman@cmegroup.com