Market regulation · 30/10/2002

CME Requests Commission Approval for Proposed Amendments to Live Cattle Futures Contract Position Limits

The Chicago Mercantile Exchange (CME) has submitted a proposal to the Commission to reduce speculative position limits for the live cattle futures contract from 600 to 300 contracts during certain periods. The proposal aims to implement the changes starting from the December 2002 through the October 2003 contract months.