GLOBEX Advisory Notices
To |
From | CME(R) Globex(R) Account Management
Subject | Increased Order Quantity Limits on CME(R) Globex(R)
Notice Date | 2004-12-09
Notice Number | 120904-2
Effective Date |
Dear CME® Globex® Customers, Effective January 9, 2005, in response to customer requests, CME is increasing the order quantity limits for all electronically traded equity index futures contracts listed on the CME Globex platform. The maximum order size for CME E-miniTM S&P 500® and CME E-mini NASDAQ-100® futures contracts will increase from 400 to 1,500 contracts. All other stock index futures order quantity limits will increase from 400 to 500 contracts. In addition, the maximum order quantity limit on calendar spreads will increase from 1,000 to 5,000 on all electronically traded equity futures contracts. These order quantity limit increases do not apply to the non-traditional TRAKRSTM futures products. The following table indicates the new order quantity limits for CME Globex equity index futures:
Market | Futures Order Entry Quantity Restriction | Futures Calendar Spread Order Entry Quantity Restriction
CME E-mini S&P 500 and CME E-mini NASDAQ-100 Futures | 1,500 | 5,000
All Other Stock Index Futures | 500 | 5,000
If you have any questions regarding these changes, please call CME Equity Index Products at 312.930.8233 or your CME Globex Account Manager at 312.634.8700. Thank you. CME