Clearing House Advisory Notices
To | All Firm Personnel, Service Bureau Representatives & Independent Software Vendors
From | Clearing House Department
Subject | Stock Index Price Limits to be Revised Effective for 4th Quarter 2005
Notice Date | 2005-09-23
Notice Number | 05-222
Effective Date |
Exchange price limit rules for domestic stock index futures• call for a quarterly re-assessment of price limits based on prevailing market prices. Limits are calculated quarterly at the close of business on the day preceding the commencement of a new calendar quarter. Thus, new limits shall become effective with the commencement of Electronic Trading Hours (ETH) on Friday, September 30, 2005 at 3:30 p.m. The revised limits shall be applicable throughout the 4th calendar quarter, 2005. For the full text of this advisory . . .