Market Data Advisory Notices
To | Quote Vendors
From | Market Data Operations
Subject | Class III Milk and Mid-sized Milk Options Strike Range Expansion - Effective Monday, June 16, 2008
Notice Date | 2008-06-04
Notice Number | Q2008-107
Effective Date | 2008-06-16
Effective Monday, June 16, 2008 , the exercise price listing rules for Class III Milk (DA) and Mid-sized Milk (JQ) options will be expanded from the at-the-money strike (ATM) plus or minus all strikes in $.25 intervals in a range $4.00 above and below the previous day’s settlement price, to the ATM plus or minus all strikes in $.25 intervals in a range $6.00 above and below the previous day’s settlement price. These expanded strike price listings will be available for customer testing in the New Release environment on Wednesday, June 4, 2008.