• CNX Nifty Index Futures Price Limits Effective for December 2014

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7247
      • Notice Date
      • 28 November 2014
      • Effective Date
      • 30 November 2014
    • Effective Sunday, 30 November 2014, for trade date Monday, 1 December 2014, Chicago Mercantile Exchange Inc. (CME or Exchange) will amend price limits for E-mini CNX Nifty Index Futures (CME Rulebook Chapter 381; CME Globex and clearing code: EMF) and E-micro CNX Nifty Index Futures (CME Rulebook Chapter 382; CME Globex code: MNF; Clearing code: II) as described below.  These contracts are listed for trading on CME Globex and for submission for clearing through CME ClearPort.

      December 2014 CNX Nifty Stock Index Futures Price Limits

      Contracts

      10%  up and down

      15%  up and down

      20%  up

      and down

      E-mini CNX Nifty Index Futures

      850

      1,275

      1,700

      E-micro CNX Nifty Index Futures

      850

      1,275

      1,700

       

      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.  Please consult the CME Rulebook (http://www.cmegroup.com/rulebook/CME/) for a complete description of the application of the circuit breaker provisions.  (See CME Rules 38102.I and 38202.I. for Price Limits, Trading Halts, and/or Trading Hours).

       

                 

      Inquiries regarding the aforementioned may be directed to Fred Sturm (312-930-1282, frederick.sturm@cmegroup.com) or John Kerpel (312-930-1371, john.kerpel@cmegroup.com).