Clearing House Advisory Notices
To | Clearing Member Firms, Chief Financial Officers, Back Office Managers
From | Clearing House
Subject | Final Settlement of the April 2004 GSCI 04-66
Notice Date | 2004-04-19
Notice Number | 04-66
Effective Date |
Printer Friendly Version Please be advised that the Research Department has calculated a final settlement price for the April 2004 Goldman Sachs Commodity Index (GSCI) contract at a value of 287.46. As you are aware, Friday the Exchange was unable to calculate this settlement price due to a limit settlement in the June 2004 Lean Hog contracts traded at the Chicago Mercantile Exchange. Under the terms of the GSCI contract, the Research Department will not calculate a final GSCI settlement while any component contract settles to a limit price, for up to 10 days after the last day of trading.