Please be advised that effective Sunday, September 19, 2010, for trade date Monday, September 20, 2010, the Commodity Exchange, Inc. (COMEX or Exchange) will expand the listing of contract months for its Gold Futures (100 Troy Ounces; code GC; Chapter 113) and Gold Option (100 Troy Ounces; code OG; Chapter 115) contracts listed on CME Globex, COMEX trading floor and CME ClearPort. The additional contract months, which will be available for trading on trade date September 20, 2010, are:
Gold Futures (GC) |
Gold Option (OG) |
December 2015 |
December 2015 |
June 2016 |
June 2016 |
In order to effectuate the expansion of listed months, the Exchange will implement the following rule changes effective trade date Monday, September 20, 2010:
(underline indicates addition; strikethrough indicates deletion)
Gold Futures
113.10. DELIVERY MONTHS
During each calendar month (the "current calendar month"), the Exchange will make available for trading contracts that provide for delivery of gold in the following months: 1) the current calendar month; 2) the first calendar month following the current calendar month; 3) the second calendar month following the current calendar month; 4) each February, April, August, and October falling within a 23-month period beginning with the current month; and 5) each June and December falling within a 60 72 month period beginning with the current month.
Gold Option
115.02. TRADING MONTHS OF GOLD OPTIONS
Gold options shall be listed for trading on February, April, June, August, October and December futures contracts, in accordance with their expiration cycle.
(a) Options which expire in the months of January, March, May, July, September and November in the twelve-month period commencing from the current calendar month (the "March expiration cycle") shall be listed for trading for expiration into gold futures contracts in the nearest six of the following months: February, April, June, August, October and December, respectively. In addition, options which expire in all the May and November calendar months during the period commencing eighteen months from the current calendar month falling within a 72-month period shall be listed for trading for expiration into the June and December gold futures contracts, respectively, after the applicable underlying futures contract is listed for trading.
For additional information, please contact Joann Arena at (212) 299-2356.