Amendments to Rule 12.67 only - increased Settlement Value and adjustment to the Reporting Level for Mortgage Rate (30-Year FRM) Binary Contracts
Pursuant to Commission Regulation §40.6(a), the HedgeStreet Rule and Instrument Committees have approved an increase in the maximum Settlement Value for the Mortgage Rate (30-Year FRM) Binary Contracts, from $10 to $100. As a result, HedgeStreet is also amending the reporting level for these Contracts.
These rule amendments were made effective at the start of business on Friday, September 22, 2006. Click here to view the rule amendments.