Client Management Advisory Notice

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To Back Office Managers, Service Bureau Representatives, and Independent Software Vendors
From Client Management
Subject Long-Short Technology TRAKRS Index Futures Contract To Be Launched on August 01,2002
Effective Date 07/09/02
Notice Number NP0186

Chicago Mercantile Exchange Inc. and Merrill Lynch & Co., Inc. have developed plans to launch a new series of non-traditional futures products called TRAKRSSM. TRAKRS will be the first broad-based index products traded on a U.S. futures exchange that can be sold by securities brokers.

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. Developed by Merrill Lynch, TRAKRS is licensed exclusively to CME for North America.

Attached is the New Prodcut Notice  contract Specs.

Please contact Stacey Jurek in the Client Management at (312) 338-2088, if you have any questions.

 

Thank you