SUBMISSION COVER SHEET

IMPORTANT: Check box if Confidential Treatment is requested 

Registered Entity Identifier Code (optional): 22-564

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

Filing as a: DCM SEF DCO SDR 

Please note - only ONE choice allowed.

Filing Date (mm/dd/yy): 12/19/22 Filing Description: Weekly Notification of 

Amendments Related to Product Terms and Conditions - Week of December 12, 2022

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

December 19, 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, 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. 22-564

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 made effective during the week of December 12, 2022.

Effective Sunday, December 11, 2022, for trade date Monday, December 12, 2022, the Exchange amended

the minimum price fluctuation for consecutive calendar month Intra-currency spread transactions for certain 

foreign exchange futures contracts for trading on the CME Globex electronic trading platform. The 

marketplace was alerted of the changes via Special Executive Report (“SER”) 9091, 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 9091
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Exhibit A

Special Executive Report

DATE: November 15, 2022

SER#: 9091

SUBJECT: Amendments to the Minimum Price Fluctuation of the Consecutive 

Calendar Month Intra-currency Spread Transactions for Certain Foreign 

Exchange (FX) Futures Contracts

Effective Sunday, December 11, 2022 for trade date Monday, December 12, 2022, Chicago Mercantile 

Exchange Inc. (“CME” or “Exchange”) will amend the minimum price fluctuation for consecutive calendar 

month Intra-currency spread transactions for certain foreign exchange (“FX”) futures contracts (the 

“Contracts”) for trading on the CME Globex electronic trading platform (“CME Globex”) as more specifically 

described in the table below.

Title

Clearing 

Code / 

Globex 

Code

Rulebook 

Chapter

Current CME Globex 

consecutive 

calendar month 

intra-currency 

spread minimum 

price fluctuation 

Amended CME 

Globex 

consecutive 

calendar month 

intra-currency 

spread minimum 

price fluctuation

British Pound Sterling/U.S. Dollar (GBP/USD) Futures BP/6B 251 $.00001 per British 

pound sterling

$.00005 per British 

pound sterling

Canadian Dollar/U.S. Dollar (CAD/USD) Futures C1/6C 252 $.00001 per 

Canadian dollar

$.00002 per 

Canadian dollar

Japanese Yen/U.S. Dollar (JPY/USD) Futures J1/6J 253 $.0000001 per 

Japanese yen

$.0000002

per Japanese yen

Australian Dollar/U.S. Dollar (AUD/USD) Futures AD/6A 255 $.00001 per 

Australian dollar

$.00002 per 

Australian dollar

Euro/U.S. Dollar (EUR/USD) Futures EC/6C 261 $.00001 per Euro $.00002 per Euro

Euro/British Pound Sterling (EUR/GBP) Cross Rate 

Futures RP/RP 301

.00001 per British 

pounds sterling per 

Euro

.000025 British 

pounds sterling per

Euro

Specifically, the Exchange is implementing amendments to CME Rule XXX01.C. (“Price Increments”) of 

CME Chapter 251 (“British Pound Sterling/U.S. Dollar (GBP/USD) Futures”), CME Chapter 252 (“Canadian 

Dollar/U.S. Dollar (CAD/USD) Futures”), CME Chapter 253 (“Japanese Yen/U.S. Dollar (JPY/USD) 

Futures”), CME Chapter 255 (“Australian Dollar/U.S. Dollar (AUD/USD) Futures”), CME Chapter 261 

(“Euro/U.S. Dollar (EUR/USD) Futures”) and CME Chapter 301 (“Euro/British Pound Sterling (EUR/GBP) 

Cross Rate Futures”) to amend the MPI for the consecutive calendar month intra-currency spread for the 

Contracts (collectively, the “Rule Amendments”). The Rule Amendments will align the minimum price 

fluctuation with all other intra-currency spreads of the Contracts and being implemented for market 

participant ease of trading.

The minimum price fluctuation increment shall remain unchanged for transactions submitted for clearing 

via CME ClearPort.
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Exhibit A below provides the Rule Amendments in blackline format.

The CFTC will be notified of the Rule Amendments during the week of December 19, 2022, via the weekly 

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

Please direct questions regarding this notice to:

Asia

Ravi Pandit +65 6593 5562 Ravi.Pandit@cmegroup.com

Europe

Phil Hermon +44 20 3379 3983 Phil.Hermon@cmegroup.com

Paul Houston +44 20 3379 3355 Paul.Houston@cmegroup.com

Chris Povey +44 20 3379 3080 Chris.Povey@cmegroup.com

U.S.

Emerson Eckhout +1 312 435 3781 Emerson.Eckhout@cmegroup.com

Sebastian Sierotnik +1 312 930 1312 Sebastian.Sierotnik@cmegroup.com

Exhibit A

CME Rulebook

(deletions struck through)

Chapter 251

British Pound Sterling/U.S. Dollar (GBP/USD) Futures

***

25101. TRADING SPECIFICATIONS

***

25101.C. Price Increments

For trades executed on CME Globex electronic trading platform, minimum price fluctuations shall be in multiples of 

$.0001 per British pound sterling, equivalent to $6.25 per contract. Trades may also occur in multiples of $.00001 per 

British pound sterling for British pound/U.S. dollar futures consecutive calendar month intra-currency spreads (i.e., 

January to February, February to March, March to April, etc.) executed as simultaneous transactions pursuant to Rule 

542. Trades may also occur in multiples of $.00005 per British pound sterling for all other British pound/U.S. dollar 

futures intra-currency spreads executed as simultaneous transactions pursuant to Rule 542. For transactions submitted 

through CME ClearPort, the minimum price fluctuation shall be $0.00001 per British pound sterling.

[End of Rule]

Chapter 252 

Canadian Dollar/U.S. Dollar (CAD/USD) Futures

***

25201. TRADING SPECIFICATIONS

***

25201.C. Price Increments

For trades executed on CME Globex electronic trading platform, minimum price fluctuations shall be in multiples of 

$.00005 per Canadian dollar, equivalent to $5.00 per contract. Trades may also occur in multiples of $.00001 per 

Canadian dollar for Canadian dollar/U.S. dollar futures consecutive calendar month intra-currency spreads (i.e., 

January to February, February to March, March to April, etc.) executed as simultaneous transactions pursuant to Rule 

542. Trades may also occur in multiples of $.00002 per Canadian dollar for all other Canadian dollar/U.S. dollar futures 

intra-currency spreads executed as simultaneous transactions on pursuant to Rule 542. For transactions submitted 

through CME ClearPort, the minimum price fluctuation shall be $0.00001 per Canadian dollar.

[End of Rule]
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Chapter 253

Japanese Yen/U.S. Dollar (JPY/USD) Futures

***

25301. TRADING SPECIFICATIONS

***

25301.C. Price Increments

For trades executed on CME Globex electronic trading platform, minimum price fluctuations shall be in multiples of 

$.0000005 per Japanese yen, commonly referred to as one-half tick, which is equivalent to $6.25 per contract. Trades 

may also occur in multiples of $.0000001 per Japanese yen for Japanese yen/U.S. dollar futures consecutive calendar 

month intra-currency spreads (i.e., January to February, February to March, March to April, etc.) executed as 

simultaneous transactions pursuant to Rule 542. Trades may also occur in multiples of $.0000002 per Japanese yen 

for all other Japanese yen/U.S. dollar futures intra-currency spreads executed as simultaneous transactions pursuant 

to Rule 542. For the transactions submitted through CME ClearPort, the minimum price fluctuation shall be $0.0000001 

per Japanese yen.

[End of Rule]

Chapter 255

Australian Dollar/U.S. Dollar (AUD/USD) Futures

***

25501. TRADING SPECIFICATIONS

***

25501.C. Price Increments

For trades executed on CME Globex electronic trading platform, minimum price fluctuations shall be in multiplies of 

$.00005 per Australian dollar, equivalent to $5.00 per contract. Trades may also occur in multiples of $.00001 per 

Australian dollar for Australian dollar/U.S. dollar futures consecutive calendar month intra-currency spreads (i.e., 

January to February, February to March, March to April, etc.) executed as simultaneous transactions pursuant to Rule 

542. Trades may also occur in multiples of $.00002 per Australian dollar for all other Australian dollar/U.S. dollar futures 

intra-currency spreads executed as simultaneous transactions pursuant to Rule 542. For transactions submitted 

through CME ClearPort, the minimum price fluctuation shall be $0.00001 per Australian dollar.

[End of Rule]

Chapter 261

Euro/U.S. Dollar (EUR/USD) Futures

***

26101. TRADING SPECIFICATIONS

***

26101.C. Price Increments

For trades executed on CME Globex electronic trading platform, minimum price fluctuations shall be in multiples of 

$.00005 per Euro, equivalent to $6.25 per contract. Trades may also occur in multiples of $.00001 per Euro for 

Euro/U.S. dollar futures consecutive calendar month intracurrency spreads (i.e., January to February, February to 

March, March to April, etc.) executed as simultaneous transactions pursuant to Rule 542. Trades may also occur in 

multiples of $.00002 per Euro for all other Euro/U.S. dollar futures intra-currency spreads executed as simultaneous 

transactions pursuant to Rule 542. For transactions submitted through CME ClearPort, the minimum price fluctuation 

shall be $0.00001 per Euro.

[End of Rule]

Chapter 301

Euro/British Pound Sterling (EUR/GBP) Cross Rate Futures

***

30101. TRADING SPECIFICATIONS

***

30101.D. Price Increments

For trades executed on CME Globex electronic trading platform, minimum price fluctuations shall be in multiples of 

.00005 British pounds sterling per Euro, equivalent to 6.25 British pounds sterling per contract. Trades may also occur 

in multiples of .00001 per British pounds sterling per Euro for EUR/GBP futures consecutive calendar month intracurrency spreads (i.e., January to February, February to March, March to April, etc.) executed as simultaneous 

transactions on GLOBEX® pursuant to Rule 542.F. Trades may also occur in multiples of .000025 British pounds 

sterling per Euro for all other EUR/GBP futures intra-currency spreads executed as simultaneous transactions pursuant 
5

to Rule 542. For transactions submitted through CME ClearPort, the minimum price fluctuation shall be .00001 British 

pounds sterling per Euro.

[End of Rule]