Effective Sunday, June 21st for trade date Monday, June 22nd, and pending all relevant CFTC regulatory review periods, please be advised that the Chicago Mercantile Exchange, Inc. (CME or Exchange) will amend the minimum price increment for Japanese Yen/US Dollar Futures. The minimum tick is changing from 0.000001 to 0.0000005.
Please be advised that all Japanese Yen GTC orders will be canceled close of business Friday, June 19th and will need to be re-entered for trade date of June 22nd. New GTC orders on June 19th will not be allowed, orders will need to be entered as day orders and re-entered after the close as GTCs.
DPLs for outright Futures and the Spreads will not change and will remain at a current precision of 7.
|
Code TCC/Clearing / Globex |
Title |
Current Tick Rule |
New Tick Rule (as of 06/22/15) |
|
J1/JY/6J |
Japanese Yen/US Dollar Futures |
0.000001 |
0.0000005 |
A copy of the full CME advisory is available here:
http://www.cmegroup.com/tools-information/lookups/advisories/clearing/Chadv15-122.html#pageNumber=1