Reduction of the Minimum Price Fluctuation for Non-Consecutive Intra–Currency Spreads and Change in the Calendar Spread CME Globex Trade Matching Algorithm of the British Pound/U.S. Dollar (GBP/USD) Futures Contract

Effective Sunday, April 28, 2019, for trade date Monday, April 29, 2019, Chicago Mercantile Exchange Inc. (“CME” or “Exchange”) will amend Rule 25101.C. (“Price Increment”) of the British Pound/U.S. Dollar Futures contract (Rulebook chapter:  251; Commodity Code:  6B) (the “Contract”) to reduce the minimum price fluctuation of the Contract’s non-consecutive month intra-currency spreads from one price point (0.0001 or $6.25 per contract) to one-half of one price point (0.00005 or $3.125 per contract).

Please direct questions regarding this notice to:

Asia

Ravi Pandit                      +65 6593 5562                     Ravi.Pandit@cmegroup.com

Europe

Paul Houston                   +44 20 3379 3355                Paul.Houston@cmegroup.com

Matthew Gierke               +44 20 3379 3546                 Matthew.Gierke@cmegroup.com

Divay Malhotra                +44 20 3379 3796                 Divay.Malhotra@cmegroup.com

US

Craig LeVeille                    +1 312 454 5301                 Craig.LeVeille@cmegroup.com

Graham McDannel            +1 312 454 5209                 Graham.McDannel@cmegroup.com

Kevin McMillin                   +1 312 930 8264                  Kevin.McMillin@cmegroup.com

Please click here for PDF of SER-8350.