• Amendments to Two (2) DJ-UBS Commodity Index Futures and Three (3) DJ-UBS Commodity Index Cleared Swaps to Reflect the Change of the Index Calculation Agent from Dow Jones-UBS to Bloomberg

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7121
      • Notice Date
      • 17 June 2014
      • Effective Date
      • 01 July 2014
    • The Dow Jones-UBS (“DJ-UBS”) Commodity Index family will cease using Dow Jones as its calculation agent as of June 30, 2014, and will begin using Bloomberg as the calculation agent on July 1, 2014. Pending all relevant CFTC regulatory review periods, Chicago Mercantile Exchange Inc. (CME) and the Board of Trade of the City of Chicago, Inc. (CBOT), (collectively, the Exchanges), will amend five (5) DJ-UBS Commodity Index futures and cleared swap products effective on July 1, 2014 as listed below. The Exchanges will amend all references to these contracts throughout the rulebooks to reflect the new naming convention.  It is important to note that the title change and all related amendments will, in no manner, impact the economic structure of the contracts or related contracts.

       

      Current Contract Title

      New Contract Title

      CBOT Rulebook Chapter

      Code/Venue

      CBOT Dow Jones-UBS Commodity Index Futures

       

      Bloomberg Commodity Index Futures

       

      29

      AW

      CME Globex

      CBOT Dow Jones-UBS Commodity Index Swaps (Cleared OTC)

       

      Bloomberg Commodity Index Swaps

      (Cleared OTC)

       

      29A

      DGS

      CME ClearPort

      DJ-UBS Commodity Index 2-Month Forward Swaps (Cleared OTC)

       

      Bloomberg Commodity Index 2-Month Forward Swaps (Cleared OTC)

       

      29B

      DG2

      CME ClearPort

      DJ-UBS Commodity Index Swaps 3-Month Forward (Cleared OTC)

       

      Bloomberg Commodity Index 3-Month Forward Swaps (Cleared OTC)

       

      29C

      DG3

      CME ClearPort

      Dow Jones-UBS Roll Select Commodity Index Futures

       

      Bloomberg Roll Select Commodity Index Futures

       

      29D

      DRS

      CME Globex

       

      Questions regarding this Special Executive Report may be directed to Candice Graham, Director, Commodity Products and Services at 312-930-3365, Candice.Graham@cmegroup.com or Jack Cook, Director, Commodity Research & Product Development, at 312-930-3295, Jack.Cook@cmegroup.com.

      For media inquiries concerning this Special Executive Report, please contact CME Group Corporate Communications at 312-930-3434 or news@cmegroup.com.