• CME Group to Expand Contract Listings for Yen-denominated Nikkei 225 Futures – Effective Monday, April 6, 2009

      • To
      • Clearing Member Firms; Chief Financial Officers; Back Office Managers
      • From
      • CME Clearing
      • #
      • 09-89
      • Notice Date
      • 10 March 2009
      • Effective Date
      • 06 April 2009
    • Effective Monday, April 6, 2009, CME Group will expand the listing of yen-denominated Nikkei 225 futures by adding seven more quarterly contract months – resulting in a listing of 12 quarterly and three serial contract months at a time. 

      This change will make the contract listings at CME consistent with the expanded contract listings recently announced at the Singapore Exchange (SGX) -- thereby preserving customers’ ability to capitalize on the Mutual Offset System (MOS) agreement between CME and SGX. The MOS arrangement gives customers in different time zones the flexibility to clear yen-denominated Nikkei 225 futures at either exchange, for greater trading access and convenience.
       
      Summary of Listing Changes:
       
      LISTING PRIOR TO
      APRIL 6, 2009
      LISTING AS OF
       APRIL 6, 2009
      Yen-denominated
      Nikkei 225 futures

      5 quarterly contract months

      (i.e., Mar, Jun, Sep, Dec)

      3 serial contract months
      (i.e., Jan, Feb, Apr)

       
      Expands to 12 quarterly contract months (i.e., Mar, Jun, Sep, Dec)

      Three serial contract months
       (i.e., Jan, Feb, Apr)
      USD-denominated
      Nikkei 225 futures

      4 quarterly contract months
      (i.e., Mar, Jun, Sep, Dec)
       

      No change: 4 quarterly contract months (i.e., Mar, Jun, Sep, Dec)
       
       
      For More Information Contact:
      Brett Vietmeier             PH        312-930-3394
      E-MAIL brett.vietmeier@cmegroup.com