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Please be informed the exchange trading floors and open outcry markets will be closed on Friday, June 11, in observance of
the national day of mourning for President Ronald Reagan. GLOBEX® will open Thursday afternoon/evening for abbreviated sessions,
closing at 8:00 a.m. on Friday, June 11, and reopening at regularly scheduled times on Sunday, June 13, 2004. Please refer
to the schedule below for a more detailed summary of the related processing changes.
NETWORK IMPACT
As a result of the overnight electronic market trading sessions, Friday, June 11, 2004, remains a valid trade date and a valid
clearing date. Settlement prices from Thursday, June 10th will be brought forward to settle contracts traded during these abbreviated electronic sessions. Consequently, Thursday’s
settlement prices for all products whether traded via GLOBEX on Friday or not will be disseminated after 8:00 A.M., except
for expiring contracts as detailed in this memo. The Goodnight Message will be sent at approximately 10:00 A.M. on Friday
morning.
EURODOLLAR FORWARD RATE AGREEMENT (FRA) FUTURES TICKER TEST
The Eurodollar Forward Rate Agreement (FRA) Futures ticker test, originally scheduled for approximately 4:45 P.M. will now
take place at approximately 10:15 A.M. Chicago Time. For questions during the ticker test, please contact our computer room
at 312-930-8160.
IMPACT ON CME PRODUCTS
INTEREST RATES: With respect to Interest Rate products, there will be no open outcry trading session on Friday, June 11,
2004 , therefore, the last open outcry trading session for expiring Interest Rate futures and options will be Thursday, June
10, 2004. However, the expiring Eurodollar MidCurve options are still available for trading on GLOBEX on Friday, June 11,
2004, until 8:00 AM. Further, for Eurodollar MidCurve options scheduled to expire on Friday, June 11, the expiration day remains
on Friday, June 11, 2004. Automatic exercise and abandonment of these options will occur on that day as scheduled, based
upon the daily settlement prices of the respective underlying futures contracts established on Thursday, June 10. Contrary
instructions will be accepted until 7:00 P.M. as usual on Friday, June 11.
As a reminder, Euroyen and Euroyen LIBOR contracts are not traded on GLOBEX. The last day of trading for these contracts
is Thursday, June 10, 2004. Final settlement for these contracts shall occur at regularly scheduled date and time.
COMMODITIES: With respect to Commodity products, all previously published expiration and other dates for commodity products
shall apply. Please note, however, that there will be no Live Cattle futures delivery tenders on Friday, June 11, 2004.
Special Provision for GSCI: Please note that for the purpose of the Goldman Sachs Commodity Index futures and options only,
Friday, June 11, 2004, is not considered an Exchange business day. The June 2004 GSCI contracts previously scheduled to terminate
on Tuesday, June 15, 2004, will now terminate on Wednesday, June 16, 2004.
CURRENCIES: With respect to Currency products, there will be no open outcry trading session on Friday, June 11, 2004. For
the expiring weekly options, Thursday, June 10, 2004, will be the last day of trading. They will expire as scheduled on Friday,
June 11, 2004. Automatic exercise and abandonment of these options will occur on that day as scheduled, based upon the daily
settlement prices of the respective underlying futures contracts established on Thursday, June 10. Contrary instructions
will be accepted until 7:00 P.M. as usual on Friday, June 11.
EQUITIES: With respect to Equity products, there will be no open outcry trading session on Friday, June 11, 2004. Aside
from GLOBEX closing at 8:00 A.M. on Friday, June 11, there are no further impacts with respect to Equity products.
Please note that, for the expiring June 2004 futures and option contracts on Nikkei 225 Index, the last trading day remains
on Thursday, June 10, 2004. The final settlement prices for the futures contract shall be determined on Friday, June 11,
2004 as usual.
WEATHER: Notwithstanding the above, weather futures and options contracts traded exclusively on GLOBEX, will not open for
trading on Thursday evening, June 10, 2004, and therefore, no weather trading will occur on Friday, June 11.
Questions regarding this notice may be directed to Lisa Amato, 312-338-2654, lamato@cme.com, or Marilee Radecki, 312-930-8193, mradecki@cme.com .
Thank you.
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