• CNX Nifty Index Futures Price Limits Effective for July 2013

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-6733
      • Notice Date
      • 28 June 2013
      • Effective Date
      • 30 June 2013
    • CNX Nifty Index Futures Price Limits Effective for July 2013
       
       
      Price limits for CNX Nifty index futures are revised to the following levels, effective as of commencement of Electronic Trading Hours (ETH) on Sunday, June 30 2013, at 5:00 p.m. Chicago time. These limits shall be in force for July 2013.  Limits are as follows:
       
      July2013 CNX Nifty Index Futures Price Limits
       

      Contracts
      10% up and down
      15% up and down
       
      20% up and down
       
      E-mini S&P CNX Nifty
      580.00
      870.00
      1,160.00
      E-micro S&P CNX Nifty
      580.00
      870.00
      1,160.00

       
       
       
       
       Exchange Rules call for the limits to be re-calculated monthly at the close of business on the day preceding the commencement of a new calendar month.The contracts are listed by and subject to the rules of CME
       
                 
      Please consult the Rulebook for a complete description of the application of the circuit breaker provisions. Or, you may wish to direct any inquiries to Lucy Wang, Research and Product Development at 312-648-5478 or lucy.wang@cmegroup.com; or John Nyhoff, Research and Product Development at 312-930-2310 or john.nyhoff@cmegroup.com.