• 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-7580
      • Notice Date
      • 27 January 2016
      • Effective Date
      • 28 January 2016
    • Effective on Thursday, January 28, 2016, 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 reference.  The amendments are being made to clarify the existing rule such that data points for each day within the contract month will be used in the final calculation of the arithmetic average and to detail both the method and precision of such calculation. 

      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-7580.