• Reduction of Minimum Price Fluctuation for Henry Hub Natural Gas Inter-Commodity Options Spread for Trading on the CME Globex Electronic Platform

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7699
      • Notice Date
      • 12 July 2016
      • Effective Date
      • 11 September 2016

    • Effective Sunday, September 11, 2016 for trade date Monday, September 12, 2016, New York Mercantile Exchange, Inc. (“NYMEX” or “Exchange”) will reduce the minimum price fluctuation of natural gas inter-commodity options spreads for trading on CME Globex from $ 0.001 per MMBtu to $ 0.0001 per MMBtu.  The rule amendments are administrative in nature and will not have an impact on the minimum price fluctuation of the underlying natural gas options products.  It should be noted that the minimum price fluctuation for submission for clearing of these inter-commodity futures spreads through CME ClearPort shall remain unchanged.

      Please refer questions on this subject to:

      Jeff White              Jeff.white@cmegroup.com                (212) 299-2325

      Adila Mchich         Adila.mchich@cmegroup.com           (212) 299-2270

      Please click here for PDF of SER-7699.

      Reduction of Minimum Price Fluctuation for Henry Hub Natural Gas Inter-Commodity Options Spread for Trading on the CME Globex Electronic Platform

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2024 CME Group Inc. All rights reserved.