• Delisting Seventeen (17) Flexible Options Contracts for Livestock, Dairy and Lumber

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7157
      • Notice Date
      • 04 August 2014
      • Effective Date
      • 04 August 2014
    • Effective today, August 4, 2014 the Chicago Mercantile Exchange (CME or Exchange) delisted seventeen (17) flexible options contracts, as set out in the table below. The contracts were listed for trading on the CME trading floor. There was no open interest in these contracts.

      The respective product rules and terms and conditions were removed from the Exchange Rulebook.

       

      Product Name

      Clearing Code

      CME Rules

      Feeder Cattle-American style flex

      8F

      102A30 to 102A38

      Feeder Cattle-European flex

      9F

      102A30 to 102A38

      Feeder Cattle-Long dated flex

      9F1

      102A30 to 102A38

      Lean Hogs-American style flex

      8H

      152A30 to 152A38

      Lean Hogs-European style flex

      9H

      152A30 to 152A38

      Lean Hogs-Long dated flex

      9H1

      152A30 to 152A38

      Live Cattle-American style flex

      8K

      101A30 to 101A38

      Live Cattle-European style flex

      9K

      101A30 to 101A38

      Live Cattle-Long dated flex

      9K1

      101A30 to 101A38

      Class 3 Milk-American style flex

      8M

      52A30 to 52A38

      Class 3 Milk-American style flex

      9M

      52A30 to 52A38

      Class 3 Milk-Long dated flex

      9M1

      52A30 to 52A38

      Class 4 Milk-American style flex

      8X

      55A30 to 55A38

      Class 4 Milk-European style flex

      9X

      55A30 to 55A38

      Class 4 Milk-Long dated flex

      9X1

      55A30 to 55A38

      Butter flex

      None

      56A30 to 56A38

      Lumber flex

      None

      201A30 to 201A38

      Questions regarding this Special Executive Report may be directed to Jack Cook, Director, Commodity Research & Product Development at 312-930-3295, Jack.Cook@cmegroup.com or Charles Piszczor, Commodity Research and Product Development at 312-930-4536, Charles.Piszczor@cmegroup.com or Tom Clark, Ag Business Line Management at 312-930-4595, Thomas.Clark@cmegroup.com.

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