6C (CADUSD) futures min-increment (tick-size) changing to half ticks on 2016/07/11

i960

i960

cad_futures_half_tick.png
 
Most likely to take even more from smaller traders and to be able to advertise each tick is only $6.25 to compete against forex?
 
I think it is marginally better for all traders. Having said that, I wouldn't want them to carry on and halve it again!
 
I am confused. Currently the CME Group website states: "Minimum Price Fluctuation: $.0001 per Canadian dollar increments ($10.00/contract). $.00005 per Canadian dollar increments ($5.00/contract) for CAD/USD futures intra-currency spreads executed electronically." So why does the press release state that the current minimum is $12.50 and not $10.00?
 
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