Globex Advisory Notice
From | John M. Restivo, Director GLOBEX�� Control Center
Subject | System Update #96 Trading Extended to 3:15 PM CT on Fair Value Settlement Days - EFFECTIVE FRIDAY, NOVEMBER 30, 2001
Effective Date | 11/30/01
Notice Number | SU#0196
Effective, Friday, November 30, 2001, on days when the Fair Value Settlement procedure applies, trading in stock index futures and options will cease at 3:15 PM CT. In past months, on Fair Value Settlement days the stock index products would close at 3:05 PM CT instead of there normal close of 3:15 PM CT. Fair Value Settlement procedures are applied on the final business day of each month. Specifically, domestic stock index futures and options contracts will be settled to an adjusted price that reflects their "Fair Value". If you have any questions, please call the GCC at 312-456-2391 option 2.