Market Data Advisory Notices
To | Market Data Distributors
From | Market Data Operations
Subject | Stock Index Price Limits To Be Revised Effective For 3rd Quarter 2005
Notice Date | 2005-06-23
Notice Number | Q2005-86
Effective Date |
Exchange price limit rules for domestic stock index futures call for a quarterly re-assessment of price limits based on prevailing market prices. Limits are calculated quarterly at the close of business on the day preceding the commencement of a new calendar quarter. Thus, new limits shall become effective with the commencement of Electronic Trading Hours (ETH) on Thursday, June 30 at 3:30 p.m. The revised limits shall be applicable throughout the 3rd calendar quarter, 2005. Please see the attached notice for more details. Thank you.