SUBMISSION COVER SHEET

IMPORTANT: Check box if Confidential Treatment is requested 

Registered Entity Identifier Code (optional): 22-110

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

Filing as a: DCM SEF DCO SDR 

Please note - only ONE choice allowed.

Filing Date (mm/dd/yy): 10/17/22 Filing Description: Revised Listing Schedule of the 

Serial Contract Months for the Three-Month Eurodollar Futures Contract.

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

October 17, 2022

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. Revised Listing Schedule of the Serial 

Contract Months for the Three-Month Eurodollar Futures Contract.

CME Submission No. 22-110

Dear Mr. Kirkpatrick:

Chicago Mercantile Exchange Inc. (“CME” or “Exchange”) is certifying to the Commodity Futures Trading 

Commission (“CFTC” or “Commission”) amendments to the listing schedule of the Three-Month Eurodollar 

Futures contract (the “Contract”) as noted in Table 1. below effective Sunday, November 20, 2022 for trade 

date Monday, November 21, 2022 (collectively, the “Rule Amendments”).

All currently listed expirations will remain listed and available for trading.

In a separate but related matter, CME previously amended the listing schedule for all Options on ThreeMonth Eurodollar Futures contracts (see Submission No. 22-360 and Submission No. 22-195 for additional 

details). 

Table 1.

Contract 

Title

CME 

Rulebook 

Chapter

CME 

Globex / 

CME 

ClearPort 

Code

Current Listing 

Schedule

Proposed 

Listing 

Schedule

Affected 

Contracts

ThreeMonth 

Eurodollar 

Futures

452 GE/ED

Quarterly 

contracts (Mar, 

Jun, Sep, Dec) 

listed for 40 

consecutive 

quarters and the 

nearest 4 serial 

contract 

months. List a 

new quarterly 

contract for 

trading on the 

last trading day 

of the nearby 

expiry.

Quarterly 

contracts (Mar, 

Jun, Sep, Dec) 

listed for 40 

consecutive 

quarters. List a 

new quarterly 

contract for 

trading on the 

last trading day 

of the nearby 

expiry.

May 2023 will be 

the last listed 

serial.
300 Vesey Street New York, NY 10282 T 212 299 2200 F 212 301 4645 christopher.bowen@cmegroup.com cmegroup.com

2

The Rule Amendments are being implemented in anticipation of the end of the US dollar LIBOR panel at 

end-June 2023 when US dollar LIBOR will cease to be published in a “representative” manner.

1

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:

Daily Publication of Trading Information: CME will continue to publish contract trading volumes, 

open interest levels, and price information daily on its website.

Execution of Transactions: The Exchange will continue to provide a competitive, open, and efficient 

market and mechanism for executing transansactions that protects the price discovery process of 

trading the Contract. 

Availability of General Information: The Exchange will release a Special Executive Report (“SER”) 

regarding the Rule Amendments to ensure notification to market participants. The SER will also be 

posted on the CME Group website.

Pursuant to Section 5c(c) of the Act and CFTC Regulation 40.6(a), CME hereby certifies that the Rule 

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

opposing views to the proposal.

The Exchange certifies that this submission has been concurrently posted on the Exchange’s 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

1 With the end of the US dollar LIBOR panel, Three Month US dollar LIBOR will cease to be “representative” of the underlying market 

or economic reality following publication on 30 June 2023. While Three Month US dollar LIBOR may continue to be published after 

that date, such rate would be “non-representative” utilizing a “synthetic” methodology, to be determined by the UK Financial Conduct 

Authority, and usage of such rate may be restricted, See: https://www.fca.org.uk/publication/consultation/cp22-11.pdf