Client Management Advisory Notice
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From Client Management Operations
Subject Special Executive Report S-3888: Side-by-Side Trading Of !0- And 5- Year Swap Rate Futures And Open Outcry Lead Market Maker Program Effective As Of Tuesday, December 17, 2002.
Effective Date 12/16/02
Notice Number CMO#0321

 At its regular meeting on Wednesday, December 11, 2002, the Board of Directors approved side-by-side trading of 10- and 5-Year Swap Rate futures.[1]  As a result, these contracts shall be traded concurrently on the floor of the Exchange in an open outcry trading environment in addition to being offered on the GLOBEX� electronic trading platform.  Further, the Board approved an Open Outcry Lead Market Maker program to promote liquidity in these contracts traded on the floor of the Exchange.  These initiatives shall become effective on Tuesday, December 17, 2002.   

Please view the attached Special Executive Report S-3888 for more information.
 
Thank you.
 
 

[1] Two-Year Swap Rate futures shall continue to be offered exclusively on the GLOBEX electronic trading platform.