SUBMISSION COVER SHEET

IMPORTANT: Check box if Confidential Treatment is requested 

Registered Entity Identifier Code (optional): 23-412

Organization: Chicago Mercantile Exchange Inc. ("CME")

Filing as a: DCM SEF DCO SDR 

Please note - only ONE choice allowed.

Filing Date (mm/dd/yy): 09/19/23 Filing Description: Weekly Notification of 

Amendments Related to Product Terms and Conditions - Week of September 11, 2023

SPECIFY FILING TYPE 

Please note only ONE choice allowed per Submission.

Organization Rules and Rule Amendments

Certification § 40.6(a)

Approval § 40.5(a)

Notification § 40.6(d)

Advance Notice of SIDCO Rule Change § 40.10(a)

SIDCO Emergency Rule Change § 40.10(h)

Rule Numbers: 

New Product Please note only ONE product per Submission.

Certification § 40.2(a) 

Certification Security Futures § 41.23(a)

Certification Swap Class § 40.2(d)

Approval § 40.3(a)

Approval Security Futures § 41.23(b)

Novel Derivative Product Notification § 40.12(a)

Swap Submission § 39.5

Product Terms and Conditions (product related Rules and Rule Amendments)

Certification § 40.6(a) 

Certification Made Available to Trade Determination § 40.6(a)

Certification Security Futures § 41.24(a)

Delisting (No Open Interest) § 40.6(a) 

Approval § 40.5(a)

Approval Made Available to Trade Determination § 40.5(a)

Approval Security Futures § 41.24(c)

Approval Amendments to enumerated agricultural products § 40.4(a), § 40.5(a)

“Non-Material Agricultural Rule Change” § 40.4(b)(5)

Notification § 40.6(d)

Official Name(s) of Product(s) Affected: See filing. 

Rule Numbers: See filing. 
300 Vesey Street New York, NY 10282 T 212 299 2200 F 212 301 4645 christopher.bowen@cmegroup.com cmegroup.com

1

Christopher Bowen 

Managing Director and Chief Regulatory Counsel

Legal Department

September 19, 2023

VIA ELECTRONIC PORTAL

Mr. Christopher J. Kirkpatrick

Office of the Secretariat

Commodity Futures Trading Commission

Three Lafayette Centre

1155 21st Street, N.W.

Washington, DC 20581

Re: CFTC Regulation 40.6(d) Notification. Chicago Mercantile Exchange Inc. (“CME” or 

“Exchange”) Weekly Notification of Amendments Related to Product Terms and 

Conditions.

CME Submission No. 23-412

Dear Mr. Kirkpatrick:

Pursuant to Commodity Futures Trading Commission (“CFTC” or “Commission”) Regulation 40.6(d), the 

Exchange submits this weekly notification of the following amendments related to product terms and 

conditions effective during the week of September 11, 2023.

Effective Sunday, October 15, 2023, for trade date Monday, October 16, 2023, the Exchange will amend

the listing schedule for all cryptocurrency option contracts noted in Table 1. below for trading on the CME 

Globex electronic trading platform (“CME Globex”) and for submission of clearing via CME ClearPort. 

Also, effective Sunday, October 15, 2023, for trade date Monday, October 16, 2023, the Exchange will 

amend the strike price listing schedule for certain event contracts for trading on CME Globex as more 

specifically described in Table 2. below. The marketplace was alerted of the amendments via Special 

Executive Report (“SER”) 9256, which is attached hereto as Exhibit A.

Should you have any questions concerning the above, please contact the undersigned at (212) 299-2200 

or via e-mail at CMEGSubmissionInquiry@cmegroup.com.

Sincerely, 

/s/ Christopher Bowen

Managing Director and Chief Regulatory Counsel

Attachment: Exhibit A – SER 9256
2

Exhibit A

Special Executive Report

DATE: September 18, 2023

SER#: 9256

SUBJECT: Amendments to the Strike Price Listing Schedule for all Cryptocurrency 

Option Contracts /

Expanded Strike Price Listing Schedule for Certain Event Contracts 

Effective Sunday, October 15, 2023, for trade date Monday, October 16, 2023, Chicago Mercantile 

Exchange, Inc. (“CME”) will amend the listing schedule for all cryptocurrency option contracts noted in Table 

1. below for trading on the CME Globex electronic trading platform (“CME Globex”) and for submission of 

clearing via CME ClearPort. 

Table 1.

Contract Title Commodity 

Code

Rulebook 

Chapter Amended Strike Price Listing Schedule

Monthly Options on 

Bitcoin Futures BTC

CME 350A

Prelisted strikes at $100,000, $50,000, $10,000, $5,000 and $1,000 bitcoin 

increment.

Strikes listed for 300% above the at-the-money strike and 100% below the 

at-the-money strike at:

 • $100,000 bitcoin increment for underlying settlement above $500,000

 • $50,000 bitcoin increment for underlying settlement at or below 

$500,000 

 • $10,000 bitcoin increment for underlying settlement at or below 

$100,000

 • $5,000 bitcoin increment for underlying settlement at or below $50,000

 • $1,000 bitcoin increment for underlying settlement at or below $10,000

 • $500 bitcoin increment for underlying settlement at or below $5,000

When less than 210 days remain until expiration (DTE), additional strikes 

listed for 75% above the at-the-money strike and 25% below the at-themoney strike at:

 • $10,000 bitcoin increment for underlying settlement above $500,000

 • $5,000 bitcoin increment for underlying settlement at or below $500,000 

 • $1,000 bitcoin increment for underlying settlement at or below $100,000

 • $100 bitcoin increment for underlying settlement at or below $10,000

 • $50 bitcoin increment for underlying settlement at or below $5,000

When less than 5 21 days remain until expiration (DTE), additional strikes 

listed for 15% above the at-the-money strike and 5% below the at-the-money 

strike at:

 • $5,000 bitcoin increment for underlying settlement above $500,000

 • $2,500 bitcoin increment for underlying settlement at or below $500,000 

 • $500 bitcoin increment for underlying settlement at or below $100,000

 • $250 bitcoin increment for underlying settlement at or below $50,000

 • $50 bitcoin increment for underlying settlement at or below $10,000

Monday Weekly

Options on Bitcoin 

Futures

P1A-P5A

Tuesday Weekly 

Options on Bitcoin 

Futures

P1B-P5B

Wednesday Weekly 

Options on Bitcoin 

Futures

P1C-P5C

Thursday Weekly 

Options on Bitcoin 

Futures

P1D-P5D

Friday Weekly Options 

on Bitcoin Futures P1E-P4E

Monthly Options on 

Micro Bitcoin Futures WM

CME 348A

Monday Weekly 

Options on Micro 

Bitcoin Futures

W1A-W5A

Tuesday Weekly 

Options on Micro 

Bitcoin Futures

W1B-W5B

Wednesday Weekly 

Options on Micro 

Bitcoin Futures

W1C-W5C

Thursday Weekly 

Options on Micro 

Bitcoin Futures

W1D-W5D

Friday Weekly Options 

on Micro Bitcoin 

Futures

W1E-W4E
3

Monthly Options on 

Ether Futures ETH

CME 349A

Prelisted strikes at $10,000, $5,000, $1,000, $500, and $100 ether 

increment.

Strikes listed for 300% above the at-the-money strike and 100% below the 

at-the-money strike at:

 • $10,000 ether strike increment for underlying settlement above $50,000

 • $5,000 ether strike increment for underlying settlement at or below 

$50,000 

 • $1,000 ether strike increment for underlying settlement at or below 

$10,000

 • $500 ether strike increment for underlying settlement at or below $5,000

 • $100 ether strike increment for underlying settlement at or below $1,000

 • $50 ether strike increment for underlying settlement at or below $500

When less than 210 days remain until expiration (DTE), additional strikes 

listed for 75% above the at-the-money strike and 25% below the at-themoney strike at:

 • $1,000 ether strike increment for underlying settlement above $50,000

 • $500 ether strike increment for underlying settlement at or below 

$50,000 

 • $100 ether strike increment for underlying settlement at or below 

$10,000

 • $10 ether strike increment for underlying settlement at or below $1,000

 • $5 ether strike increment for underlying settlement at or below $500

When less than 5 21 days remain until expiration (DTE), additional strikes 

listed for 15% above the at-the-money strike and 5% below the at-the-money 

strike at:

 • $500 ether strike increment for underlying settlement above $50,000

 • $250 ether strike increment for underlying settlement at or below 

$50,000 

 • $50 ether strike increment for underlying settlement at or below $10,000

 • $25 ether strike increment for underlying settlement at or below $5,000

 • $5 ether strike increment for underlying settlement at or below $1,000

Monday Weekly 

Options on Ether 

Futures

Y1A-Y5A

Tuesday Weekly 

Options on Ether 

Futures

Y1B-Y5B

Wednesday Weekly 

Options on Ether 

Futures

Y1C-Y5C

Thursday Weekly 

Options on Ether 

Futures

Y1D-Y5D

Friday Weekly Options 

on Ether Futures Y1E-Y4E

Monthly Options on 

Micro Ether Futures VM

CME 347A

Monday Weekly 

Options on Micro Ether 

Futures

V1A-V5A

Tuesday Weekly 

Options on Micro Ether 

Futures

V1B-V5B

Wednesday Weekly 

Options on Micro Ether 

Futures

V1C-V5C

Thursday Weekly 

Options on Micro Ether 

Futures

V1D-V5D

Friday Weekly Options 

on Micro Ether Futures V1E-V4E

Also effective Sunday, October 15, 2023, for trade date Monday, October 16, 2023, CME, New York 

Mercantile Exchange, Inc. (“NYMEX”), and Commodity Exchange, Inc. (“COMEX”), (collectively, the 

“Exchanges”) will amend the strike price listing schedule for certain Event Contracts for trading on the CME 

Globex electronic trading platform (“CME Globex”) as more specifically described in Table 2. below. 

Table 2.

Contract 

Title

Rulebook 

Chapter

CME Globex 

Code

Current

Strike Price Listing Schedule

Expanded

Strike Price Listing Schedule

Event 

Contracts on 

Henry Hub 

Natural Gas 

Futures

NYMEX 23 ECNG

4 strikes at $0.10 increment above and 

below the at-the-money strike, then 4 

strikes at $0.50 increment above and 

below the highest and lowest $0.10 

increment strike, then 2 strikes at 

$1.00 increment above and below the 

highest and lowest $0.50 increment 

strike.

Upon demand and at the discretion of 

the exchange, additional strikes added 

at $0.10 increment.

4 strikes at $0.05 increment above and 

below the at-the-money strike, then 4 

strikes at $0.10 increment above and 

below the highest and lowest $0.05

strike, then 6 strikes at $0.50 increment 

above and below the highest and lowest 

$0.10 increment strike, then 2 strikes at 

$1.00 increment above and below the 

highest and lowest $0.50 increment 

strike.

Upon demand and at the discretion of the 

exchange, additional strikes added at 

$0.05 increment.

Event 

Contracts on 

Bitcoin 

Futures

CME 23 ECBTC

10 strikes at $250.00 increment above 

and below the at-the-money strike, 

then 10 strikes at $500.00 increment 

above and below the highest and 

lowest $250.00 increment strike.

Upon demand and at the discretion of 

the exchange, additional strikes added 

in $250.00 increments.

20 strikes at $250.00 increment above 

and below the at-the-money strike, then 

10 strikes at $500.00 increment above 

and below the highest and lowest 

$250.00 increment strike.

Upon demand and at the discretion of the 

exchange, additional strikes added in 

$250.00 increments.
4

Event 

Contracts on 

Gold Futures

COMEX 23 ECGC

4 strikes at $5.00 increment above and 

below the at-the-money strike, then 2 

strikes at $10.00 increment above and 

below the highest and lowest $5.00 

increment strike, then 4 strikes at 

$25.00 increment above and below the 

highest and lowest $10.00 increment 

strike. Upon demand and at the 

discretion of the exchange, additional 

strikes added at $5.00 increment.

8 strikes at $5.00 increment above and 

below the at-the-money strike, then 4 

strikes at $10.00 increment above and 

below the highest and lowest $5.00 

increment strike, then 4 strikes at $25.00 

increment above and below the highest 

and lowest $10.00 increment strike. Upon 

demand and at the discretion of the 

exchange, additional strikes added at 

$5.00 increment.

Event 

Contracts on 

Copper 

Futures

COMEX 23 ECHG

4 strikes at $0.01 increment above and 

below the at-the-money strike, then 2 

strikes at $0.05 increment above and 

below the highest and lowest $0.01 

increment strike, then 4 strikes at 

$0.10 increments above and below the 

highest and lowest $0.05 increment 

strike.

Upon demand and at the discretion of 

the exchange, additional strikes added 

in $0.01 increment.

8 strikes at $0.01 increment above and 

below the at-the-money strike, then 4 

strikes at $0.05 increment above and 

below the highest and lowest $0.01 

increment strike, then 4 strikes at $0.10 

increments above and below the highest 

and lowest $0.05 increment strike.

Upon demand and at the discretion of the 

exchange, additional strikes added in 

$0.01 increment.

Event 

Contract on 

Euro/U.S. 

Dollar 

(EUR/USD) 

Futures

CME 23 EC6E

4 strikes at $0.0025 increment above 

and below the at-the-money strike 

then 3 strikes at $0.0050 increment 

above and below the highest and 

lowest $0.0025 increment strike.

Upon demand and at the discretion of 

the exchange, additional strikes added 

in $0.0025 and $0.0050 increments.

8 strikes at $0.0025 increment above and 

below the at-the-money strike then 4

strikes at $0.0050 increment above and 

below the highest and lowest $0.0025 

increment strike.

Upon demand and at the discretion of the 

exchange, additional strikes added in 

$0.0025 and $0.0050 increments.

The Commodity Futures Trading Commission (“CFTC”) will be notified of the amendments via the weekly 

notification procedures set forth in Part 40 of the CFTC’s Regulations.

Inquiries regarding this matter may be directed to:

Brian Burke Brian.Burke@cmegroup.com 001 212 299 2236

Payal Shah Payal.Shah@cmegroup.com 0044 203 379 3307