| I. OVERNIGHT EURODOLLAR BLOCK MINIMUM REDUCED TO 500 CONTRACTS EFFECTIVE DECEMBER 19, 2001 At its Regular Meeting on Wednesday, December 12, the Board of Directors reduced the block trade minimum for Eurodollar futures or options executed during overnight hours to 500 contracts. This action will become effective on December 19, 2001. Specifically, the Board reduced the block trade minimum for Eurodollar futures and options during hours executed outside of Monday through Friday 6:00 a.m. to 4:00 p.m. (Chicago time) on regular Exchange business days. The current minimum thresholds of 4,000 Eurodollar futures or option contracts � 1,000 in years 6-10 � to be maintained from Monday through Friday 6:00 a.m. to 4:00 p.m. on regular Exchange business days. Outside of those hours, the minimum block threshold is reduced to 500 futures or option contracts. Eurodollar Block Minimums | | Futures | Options | 6:00 am to 4:00 pm Mondays � Fridays on Regular Business Days | 4,000 contracts � or 1,000 contracts provided that a minimum of 1,000 contracts are assumed in yrs 6-10 | 4,000 contracts | All Hours Outside of 6:00 am to 4:00 pm Mondays � Fridays on Regular Business Days | 500 contracts | 500 contracts |
If you have any questions, please contact Mr. Peter Barker, Director, Product Sales, at (312) 930-8554, or Mr. Larry Grannan, Associate Director, Product Sales, at (312) 454-8312, or Mr. Richard Co, Associate Director, Product Development, at (312) 930-3227. |
