SUBMISSION COVER SHEET

IMPORTANT: Check box if Confidential Treatment is requested 

Registered Entity Identifier Code (optional): 23-261

Organization: Chicago Mercantile Exchange Inc. (“CME”)

Filing as a: DCM SEF DCO SDR 

Please note - only ONE choice allowed.

Filing Date (mm/dd/yy): 07/25/23 Filing Description: Amendments to the Listing Schedule

and Strike Price Listing Schedule of Certain E-Mini Standard and Poor’s 500 Futures and 

Options Contracts 

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

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Christopher Bowen 

Managing Director and Chief Regulatory Counsel

Legal Department

July 25, 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, D.C. 20581

Re: CFTC Regulation 40.6(a) Certification. Amendments to the Listing Schedule and 

Strike Price Listing Schedule of Certain E-Mini Standard and Poor’s 500 Futures 

and Options Contracts. 

CME Submission No. 23-261

Dear Mr. Kirkpatrick:

Chicago Mercantile Exchange Inc. (“CME”) certifies to the Commodity Futures Trading Commission 

(“CFTC” or “Commission”) amendments to the listing schedule and strike price listing schedule of certain

E-mini Standard and Poor’s 500 Futures and Options contracts (the “Contracts”) for trading on the CME 

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

effective Sunday, August 20, 2023, for trade date Monday, August 21, 2023. 

The Exchange will expand the listing schedule of the E-mini Standard and Poor’s 500 Futures and E-mini 

Standard & Poor's 500 Weekly Options contracts as noted in Exhibit 1.

Exhibit 1.

Expansion of Listing Schedule

Contract Title Commodity 

Code

Rulebook 

Chapter Current Listing Schedule Expanded Listing Schedule

E-mini Standard 

and Poor’s 500 

Futures

ES CME 358

Quarterly contracts (Mar, Jun, 

Sep, Dec) listed for 9 consecutive 

quarters and 3 additional 

December contract months

Quarterly contracts (Mar, Jun, Sep, 

Dec) listed for 21 consecutive 

quarters

E-mini Standard 

and Poor’s 500 

Weekly Options

EW3 CME 358A

6 weekly contracts listed for week 

1, week 2 and week 4 and 13 

weekly contracts listed for week 3

6 weekly contracts listed for week 

1, week 2 and week 4 and 

12 consecutive weekly 

contracts, 4 additional quarterly 

contracts (Mar, Jun, Sep, Dec), 

and 3 additional Dec contracts 

listed for week 3

*and related BTIC (Code: EST) and TACO (ESQ)
300 Vesey Street New York, NY 10282 T 212 299 2200 F 212 301 4645 christopher.bowen@cmegroup.com cmegroup.com

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The Exchange will expand the strike price listing schedule of certain E-Mini Standard & Poor’s Options 

contracts as noted in Exhibit 2. (collectively, the “Rule Amendments”).

Exhibit 2.

Expansion of Strike Price Listing Schedule

Commodity 

Code Product Name Rulebook Chapter

Current Strike Price Listing 

Schedule 

Expanded Strike Price Listing 

Schedule

E1A-E5A 

E-mini Standard & 

Poor’s 500 Monday 

Weekly Options -

Week 1-5

CME 358A

Strikes listed for 40% above the 

at-the-money strike and 80% 

below the at-the-money strike at 

100 index point increment plus 

dynamic strikes at 5 index point 

increment.

When less than 366 days remain 

until expiration (DTE), additional 

strikes listed for 20% above the atthe-money strike and 40% below 

the at-the-money strike at 50 index 

point increment.

When less than 96 days remain 

until expiration (DTE), additional 

strikes listed for 10% above the atthe-money strike and 20% below 

the at-the-money strike at 25 index 

point increment.

When less than 66 days remain 

until expiration (DTE), additional 

strikes listed for 7% above the atthe-money strike and 14% below 

the at-the-money strike at 10 index 

point increment.

When less than 10 days remain 

until expiration (DTE), additional 

strikes listed for 5% above the atthe-money strike and 10% below 

the at-the-money strike at 5 index 

point increment.

For EW3, persistent strikes of 100, 

1100, 2100, 3100, 4100, 5100, 

6100, 7100, 8100, and 9100

Strikes listed for 40% above the atthe-money strike and 80% below 

the at-the-money strike at 100 

index point increment. Dynamic 

strikes at 5 index point increment.

When less than 366 days remain 

until expiration (DTE), additional 

strikes listed for 20% above the atthe-money strike and 40% below 

the at-the-money strike at 50 index 

point increment.

When less than 96 days remain 

until expiration (DTE), additional 

strikes listed for 10% above the atthe-money strike and 20% below 

the at-the-money strike at 25 index 

point increment plus persistent 

100 and 2100 strikes.

When less than 66 days remain 

until expiration (DTE), additional 

strikes listed for 7% above the atthe-money strike and 14% below 

the at-the-money strike at 10 index 

point increment.

When less than 10 days remain 

until expiration (DTE), additional 

strikes listed for 5% above the atthe-money strike and 10% below 

the at-the-money strike at 5 index 

point increment.

For EW3, persistent strikes of 100, 

1100, 2100, 3100, 4100, 5100, 

6100, 7100, 8100, and 9100

The Rule Amendments are intended to provide greater flexibility for market participants by providing access 

to additional expiries and functionality. 

The Exchange reviewed the designated contract market core principles (“Core Principles”) as set forth in 

the Commodity Exchange Act (“CEA” or “Act”) and identified that the Rule Amendments may have some 

bearing on the following Core Principles: 
300 Vesey Street New York, NY 10282 T 212 299 2200 F 212 301 4645 christopher.bowen@cmegroup.com cmegroup.com

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Availability of General Information: The Exchange will release a Special Executive Report 

(“SER”) regarding the Rule Amendments. The SER will also be posted on the CME Group website.

Daily Publication of Trading Information: The Exchange will continue to publish contract trading 

volumes, open interest levels, and price information daily on its website and through quote vendors 

for the Contracts.

Prevention of Market Disruption: Trading in the Contracts will continue to be subject to the rules 

of the Exchange, which include prohibitions on manipulation, price distortion, and disruption to the 

cash settlement process.

Compliance with Rules: The Exchange will continue its normal practice to establish, monitor, and 

enforce compliance with the rules of the Contracts, including the expansion of the listing schedule 

of the Contracts. 

Pursuant to Section 5c(c) of the Act and CFTC Regulation 40.6(a), the Exchange hereby certify that the 

Rule Amendments comply with the Act, including regulations under the Act. There were no substantive 

opposing views to the proposal. 

The Exchange certify that this submission has been concurrently posted on the CME Group website at 

http://www.cmegroup.com/market-regulation/rule-filings.html. 

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