Weekly One Chicago SSFs - Effective Friday, January 15, 2010

Effective Friday, January 15, 2010, new weekly single stock futures (SSF) from OneChicago will be available for trading on the CME Globex electronic trading platform.

These contracts will be eligible for trading on Friday and will expire the following Friday, for a total of six trading days. Weekly contracts will not be listed for the week ending on the third Friday of the month, since that is the normal product expiration. The weekly SSFs will trade alongside the current standard, monthly products. Position rolling will not be allowed in these products.

The tag 1151-SecurityGroup values will be constructed with the following weekly codes appended:

Week 1 – 5C
Week 2 – 6C
Week 3 – none
Week 4 – 7C
Week 5 – 8C

The underlying stocks which will have the weekly expiring futures on them will be announced by OneChicago after the close of business of Wednesday, for launch that Friday. The initial weekly SSFs will be for Sears Holding and GE.

Initial Weekly OneChicago SSFs:

These weekly SSFs are currently available for customer testing in New Release.