Clearing House Advisory Notices
To | Operations Managers, Back-Office Managers, Margin Managers and Financial Managers
From | Clearing House Department
Subject | Special Opening Procedures for Long-Short Technology TRAKRS II Futures
Notice Date | 2004-01-12
Notice Number | 04-04
Effective Date |
On Wednesday January 28, 2004, CME will launch trading in Long-Short Technology TRAKRS II futures contracts with a Special Opening Procedure. Regular GLOBEX trading of these new products will commence Thursday January 29, 2004. The details of the Special Opening Procedure were published on December 9, 2003 as part of Special Executive Report S-4029. We are issuing this advisory to highlight these special procedures. Details on the unique clearing and bookkeeping aspects of TRAKRS contracts were previously published in Clearing House Advisory Notice 02-49 at http://www.cme.com../files/CHAdv02-49-TRAKRS-clearing.pdf For the complete text of this advisory... and for other documentation on TRAKRS, please see the on the CME web site.