• Administrative Amendments to 10-Year U.S. Treasury Note (Ultra 10-Year Treasury Note) Futures Contract

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7585
      • Notice Date
      • 11 February 2016
      • Effective Date
      • 12 February 2016
    • Effective on Friday, February 12, 2016 The Board of Trade of the City of Chicago, Inc. (“CBOT” or “Exchange”) will implement non substantive amendments to Rule 26101. (“Contract Specifications“) of the 10-Year U.S. Treasury Note Futures contract (Ultra 10-Year Treasury Note) (“the Contract”) (CBOT Rulebook Chapter: 26; CME Globex/CME ClearPort Code: TN).  More specifically, the Exchange is clarifying the description of deliverable grade eligibility of the Contract such that the remaining term to maturity is rounded down to the nearest quarter only for the purposes of calculating the appropriate conversion factor.  The rule amendments are provided in Appendix A attached.  No other amendments are being made to the Contract.

      Please refer questions on this subject to:

      Nick Johnson                                                  nick.johnson@cmegroup.com                  312.338.2407

      Jonathan Kronstein                                         jonathan.kronstein@cmegroup.com        312.930.3472

      Agha Mirza                                                      agha.mirza@cmegroup.com                    212.299.2833

      Frederick Sturm                                              frederick.sturm@cmegroup.com             312.930.1282

      Please click here for complete SER-7585.