• Changes to CME Rule 301A01.C. on Price Increments for Options on Euro/British Pound Sterling ("EUR/GBP”) Cross Rate Futures

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-6695
      • Notice Date
      • 12 June 2013
      • Effective Date
      • 30 June 2013
    • Chicago Mercantile Exchange Inc. (“CME” or “Exchange”) is amending the trading rules and regulations of options on Euro/British Pound Sterling ("EUR/GBP”) Cross Rate futures to eliminate the variable tick table while adding cabinet transactions in one-quarter point tick increments.
       
      These modifications will become effective on Sunday, June 30, 2013 for trade date Monday, July 1, 2013. CME will apply these amendments to all option expiries as of the effective date.
                                            
      Attachment 1 summarizes revised CME Rule 301A01.C.
       
      EUR/GBP options are listed by and subject to the rules of CME.
       
      Please direct questions regarding this notice to:
       
      Europe
      Will Patrick                              +44 20 3379 3721                   Will.Patrick@cmegroup.com
      Malcolm Baker                       +44 20 3379 3863                   Malcolm.Baker@cmegroup.com
                                                     
      U.S.
      Craig LeVeille                          +1 312 454 5301                     Craig.LeVeille@cmegroup.com
      Simon Burnham                      +1 312 930 3426                     Simon.Burnham@cmegroup.com
      Kevin McMillin                        +1 312 930 8264                     Kevin.McMillin@cmegroup.com