Client Management Advisory Notice
From | Client Management
Subject | New Contract Notice - INFORMATION UPDATE #2 - CORRECTED INFORMATION - for Technology SPCTR Futures.
Effective Date | 09/04/02
Notice Number | NP#0200
This notice contains some corrections. The dollar value per Tick was incorrectly stated. The notice read: 1 Point = .01 Index Points = $.50. The correct information is 1 point = .01 index Points = $1.25. Also the Position Limited stated; 25,000 Contracts in any single Sector or the combined Futures Equivalent. It should have said, 25,000 contracts net long or net short in all contract months combined. We sincerely apologize for any confusion that this may have caused. The Technology SPCTR� futures contracts are based on the S&P 500 Technology and Telecom Sector Indexes, Technology SPCTR futures track companies in a number of technology-related industries, including Internet software communications equipment, computers and peripherals, and wireless telecom services. The contracts are traded on the GLOBEX electronic trading platform and are suitable for all types of traders to focus their exposure on the technology sector of the market. The capitalization-weighted underlying index contains many components, of which Microsoft, Intel, IBM and CISCO are the largest. Please see attached notice for more details. Thank you.