Client Management Advisory Notice
From | Client Management
Subject | Tuesday, July 23, 2002, TRAKRS Seminar
Effective Date | 07/17/02
Notice Number | NP#0188
You are cordially invited to attend a seminar with Clearing House and Client Management, to discuss CME's new product TRAKRSSM. Chicago Mercantile Exchange Inc. and Merrill Lynch & Co., Inc. have developed a new series of non-traditional futures products called TRAKRS.TRAKRS, which stands for Total Return Asset ContractsSM, are designed to track an index that can be composed of stocks, bonds, currencies or other financial instruments. TRAKRS are futures contracts based on an index that is calculated on a total return basis, accounting for declared dividends and other distributions in the calculation of the index. We plan to discuss the booking and clearing process for TRAKRS. Some main points that will be covered include; Trade Processing, Daily Value Adjustment Processing, Performance Bond Calculations, PC-SPAN, Fees, and the Special Opening Procedure. Please, bring your enthusiasm and your questions on Tuesday, July 23, 2002, to the Auditorium, upper lobby area at 10:00 a.m. - 11:00 a.m. We will serve light refreshments. Confirm your attendance by e-mail or faxing the attached form (Exhibit I) by 12:00 noon, Monday, July 22, 2002, to cm@cme.com or fax #: (312) 930-8158. If you have any questions, please call Stacey Jurek at (312) 338 2088. Your attendance and participation is most appreciated. Thank you.