Effective Sunday, December 11, 2011 (trade date Monday, December 12), the 5-Year MidCurve options will be renamed 4-Year Mid-Curve options. This change will introduce a consistent naming and symbol convention for Eurodollar Mid-Curve options.
The conversion process will take place in Clearing on Friday evening, December 9, 2011 after all Clearing processing has completed for that trading date.
The Clearing Code product symbol will change from E5 to E4. The TCC representation will change from:
E5 201112 C 0008975 201512 to E4 201112 C 0008975 201512.
- All strikes for all actively traded series will change to the new naming convention.
- Positions will remain with Strikes and transfers within Clearing will not be necessary.
- Clearing firms and Service bureaus will need to translate their back office codes to the new Clearing code.
The Globex product symbol will also be changed to GE4 from GE5 (tag 1151-SecurityGroup).
If there are any questions, please contact the Clearing House Product Team at (312) 634-1588.