|
VOLUME 21 - BULLETIN #175
TO:
|
ALL CLEARING MEMBERS
|
FROM:
|
BUSINESS SYSTEMS GROUP
|
DATE:
|
August 24, 2001
|
SUBJECT:
|
CBOT Mini-Sized Contracts and CBOT Metals Contracts Trading Exclusively on the a/c/eSM Platform
|
Effective Friday, September 28, 2001 at 12:00 noon, the following contracts will no longer be pit traded on the MidAm floor. Beginning on Sunday for business dated Monday, October 1, 2001, these contracts will be traded exclusively on the a/c/e platform as CBOT mini-sized contracts:
|
|
|
|
|
|
|
Current MidAm
|
NEW CBOT a/c/e
|
Exchange Code
|
Commodity Code
|
Exchange Code
|
Commodity Code
|
30-Yr U.S. Treasury Bond Futures
|
03
|
17
|
01
|
YH*
|
10-Yr U.S. Treasury Note Futures
|
03
|
21
|
01
|
YN*
|
Eurodollar Futures
|
03
|
19
|
01
|
YE
|
New York Gold Futures
|
03
|
39
|
01
|
YG
|
New York Silver Futures
|
03
|
10
|
01
|
YI
|
*Contract size of the 30-Yr. Bond (YH) and the 10-Yr. Note (YN) futures are $50,000.00. The minimum tick value of the 30-Yr. Bond will be $15.625. The 10-Yr. Note trades in ½ ticks and its minimum tick value will be $7.8125.
Firms must report open interest and large trader for the business day of September 28, 2001 using MidAm Exchange/Commodity codes. Cleared positions in the MidAm products will be converted to the new CBOT a/c/e products effective with Monday’s business. Any trades that remain unmatched after Friday, September 28, 2001 will need to be deleted and resubmitted under the new a/c/e commodity code.
Pending Board of Trade approval, on Friday, September 28, 2001 at 12:00 noon, the following contracts will cease all pit trading on the CBOT floor. Beginning on Sunday for business dated Monday, October 1, 2001 these contracts will be traded exclusively on the a/c/e platform:
CBOT Contract
|
The exchange designations and commodity codes remain the same
|
Kilo Gold Futures
|
1,000 oz. Silver Futures
|
1,000 oz. Silver Options
|
Also effective on Sunday for business dated Monday October 1, 2001, the following new product will begin trading on the a/c/e platform:
|
|
|
|
|
CBOT mini-sized Contract
|
|
a/c/e
|
|
|
|
Exchange Code
|
Commodity Code
|
mini-sized DowSM Futures
|
|
|
01
|
YJ
|
Contract specifications for the mini-sized DowSM are identical to the current DowSM contract with the exception of the contract size, which is 1/5 of the current, full-sized DowSM contract.
Should you have any questions, please call or e-mail one of the following Business Systems Analysts:
|