Chicago Mercantile Exchange: Contract Changes European Seasonal Degree Weather Futures And Options

The CME Contract Specifications pages on the CME's Web site have been updated to reflect the following:

• The Quarterly Bankruptcy Index Futures and Options were delisted on September 3, 2003.
• Effective September 26, 2003, new weather cities were added.
• Effective Monday, September 29, 2003, changes were made to the GLOBEX hours (please refer to CME Update 03-08 dated August 11, 2003). Also effective September 29th, One Chicago made changes to the SSF trading hours, opening at 8:30 a.m. rather than 8:15 a.m.
• Effective Friday, October 3, 2003, the CME launched the European Seasonal and Monthly Degree Days Index futures and options.
• Effective trade date Monday, October 6, 2003, the minimum fluctuation for British pound futures and options will become 0.0001 (=$6.25). In addition, there will no longer be a special "half tick" for options and the minimum fluctuation for AON and calendar spreads will remain at 0.0001 (=$6.25).

Details on the contract can be found on the Contract Specifications pages at: http://www.cme.com/clr/contract_specifications.html