• Amendment to Floating Price for Aluminium European Premium Duty-Unpaid (Metal Bulletin) Futures Contract

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7483RR
      • Notice Date
      • 21 October 2015
      • Effective Date
      • 25 October 2015
    • (This SER supersedes SER 7483R dated October 15, 2015 to reflect that the rule amendment shall be effective for all contract months. No other changes are being made to the original SER.)

      Effective Sunday, October 25, 2015, for trade date Monday, October 26, 2015, and pending all relevant CFTC regulatory review periods, Commodity Exchange, Inc. (“COMEX” or “Exchange”) will amend Rule 108101. (“Contract Specifications”) of the Aluminium European Premium Duty-Unpaid (Metal Bulletin) Futures contract (Rulebook Chapter: 108; Commodity Code: AEP) to amend the floating price methodology for all contract months.  The amendments are being made to more accurately reflect the current physical market in connection with the Metal Bulletin’s European Duty-Unpaid Aluminium Premium.  The Exchange has obtained the written unanimous consent of all holders of open interest of the Aluminium European Premium Duty-Unpaid (Metal Bulletin) Futures contract.

      For additional information, please contact:

      Shahnawaz Islam       shahnawaz.islam@cmegroup.com    +44 203 379 3871

      Frederick Penha         frederick.penha@cmegroup.com    +1 212 299-2353

      Please click here for complete SER-7483RR.