Clearing House Advisory Notices
To | Clearing Member Firms
From | Clearing House Department
Subject | CME E-Mini Equities Listing Date Changes
Notice Date | 2006-11-17
Notice Number | 06-283
Effective Date | 2006-12-15
Effective December 15, 2006, CME will list the second quarterly future (June ’07) and associated calendar spreads for trading at 8:30 a.m. Central Time instead of at 5:00 p.m. on the Sunday following expiration (when the first quarterly future expires). This change will affect the following products: CME® E-mini® S&P 500® CME E-mini NASDAQ-100® CME E-mini Russell 2000® CME E-mini S&P MidCap 400® This action eliminates a lag in listing the 2nd quarterly future and its calendar spreads. Currently, the second quarterly future is listed on the business day following the expiration of the first quarterly future. This change ensures two quarterly futures and the related calendar spreads will always be available for trading on these products.
| Current Process | New Process
December quarterly future and December-March spreads | Expires 12/15 8:30 a.m. CT | Expires 12/15 8:30 a.m. CT
June quarterly future and March-June spreads | Listed 12/17 5:00 p.m. CT | To be listed on 12/15 at 8:30 a.m. CT
If you have any questions regarding this notice, please contact CME Clearing Services at 205-2525. Printer Friendly Version. . .