Clearing House Advisory Notices
To | All Firm Personnel, Service Bureau Representatives, and Independent Software Vendors
From | Clearing House Department
Subject | New Equity Option Spreads On CME Globex
Notice Date | 2004-11-30
Notice Number | 04-230
Effective Date |
Effective Sunday, December 19, 2004, CME will begin trading of five new equity option spreads on CME Globex®: Butterfly, horizontal, strangle, straddle and vertical spreads on CME E-mini TM S&P 500® (“ES”) and CME E-mini Nasdaq 100® options will be available for trading. For purposes of clearing, there are no systems implications. The option spreads will be cleared by posting the individual option legs as matched trade transactions, similar to the current procedures for futures spreads on GLOBEX. Separate, detailed notices have been sent to CME Clearing Firm Front Office (Globex) users and Market Data Distributors with their unique implications. If you have any questions regarding this notice, please contact: Clearing House Steve Mazur 312.930.2035 Market Data Operations Lisa Amato 312.338.2654 Laura Sutor 312.648.5480 For the Adobe Acrobat version of this advisory...