BrokerTec Futures Exchange - Five-Year U.S. Treasury Note Contract Specification - Minimum Tick Size Change

The Board of Directors at its December meeting approved a decrease in the minimum tick size on the five-year Treasury note contract from ½ of 1/32^nd of a point (or $15.625 rounded up to the nearest 1 cent per contract) to ¼ of 1/32^nd of a point (or $7.813 rounded to the nearest 1 cent per contract). The amended Rule 302 (c) reads as follows:

Rule 302 (c):

"302. Futures Contracts on Medium-Term U.S. Treasury Notes (5 Year). (c) Ticks: Bids and offers for Futures Contracts shall be quoted, and trades shall be executed, in minimum increments of ¼ of 1/32^nd of a point (or $7.813 rounded up to the nearest 1 cent per contract); provided however that: …"

This change will be effective as of the opening of trading on Friday, February 14, 2003.