Futures Exchange Leader Calls for Lowering Minimum On CFE Contracts

FinTech, Investing, News, Regulation | April 24, 2018 By:

CBOE Future Exchange (CFE) managing director Matthew McFarland has proposed lowering the minimum increment on its futures contracts.

In a letter sent April 17 to the Commodity Futures Trading Commission (CFTC) McFarland requested a rule amendment that would lower the minimum increment on its futures contracts from 10 points (worth $10) to 5 points (worth $5) sometime on or after May 1.

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