Chicago Mercantile Exchange Futures and Option Contracts on the Nikkei 300 Stock Index and Futures and Options Contracts on Canadian Dollar, Deutsche Mark, Japanese Yen, Pound Sterling, and Swiss Franc Currency Forwards.

Résumé

The Chicago Mercantile Exchange (CME or Exchange) has applied for designation as a contract market for futures and futures option contracts on the Nikkei 300 stock index. In addition, the CME has applied for designation as a contract market for futures and futures option contracts on Canadian Dollar, Deutsche Mark, Japanese Yen, Pound Sterling, and Swiss Franc currency forwards. The CME also has proposed rules providing for the trading of options on currency swaps, i.e., options on spreads between the CME's existing rolling spot currency futures contracts and the proposed currency forward futures contracts. The Acting Director of the Division of Economic Analysis (Division) of the Commission, acting pursuant to the authority delegated by Commission Regulation 140.96, has determined that publication of the proposals for comment is in the public interest, will assist the Commission in considering the views of interested persons, and is consistent with the purposes of the Commodity Exchange Act.