VOLUME 24 – BULLETIN #072
TO:
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ALL CLEARING PARTICIPANTS
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FROM:
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CLIENT SERVICES AND SUPPORT
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DATE:
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December 17, 2004
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SUBJECT:
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Eurex US Russell Index contract specifications
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The Clearing Corporation will begin clearing the following Eurex US contracts, in January 2005. Contract specifications and trading information are detailed below.
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Russell 1000® Index Futures
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Exchange Code:
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03
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Commodity Code:
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UK
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Contract Standard:
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Russell 1000 Index
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Contract Value:
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USD 100 per index point
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Settlement:
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Cash Settlement on the final settlement day.
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Price Quotation:
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Price will be quoted in points with two decimal places.
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Minimum Price Change:
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0.1 of a point, equivalent to a value of $10.00 (integrated calendar spread: 0.02 of a point equivalent to a value of $2.00).
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Contract Months:
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Four months in the quarterly cycle, March, June, September, and December.
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Last Trading Day:
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The last trading day shall be the third Friday of the Delivery Month. If such a day is not a business day the immediate prior business day shall be the last trading day.
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Final Settlement Day
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The final settlement day shall occur be the first business day following last trading day.
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Daily Settlement Price:
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The daily settlement price will be recommended by Eurex US at 3:15 p.m. central time, pursuant to the calculation process in its rules.
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Final Settlement Price:
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The final settlement price is based on the opening prices of the component stocks on the final settlement day as reported by the Frank Russell Company.
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Trading Hours:
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7:00 p.m. to 4:00 p.m. central time.
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Russell 2000® Index Futures
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Exchange Code:
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03
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Commodity Code:
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UL
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Contract Standard
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Russell 2000 Index
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Contract Value
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USD 100 per index point
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Settlement
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Cash Settlement on the final settlement day.
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Price Quotation
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Price will be quoted in points with two decimal places
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Minimum Price Change
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0.1 of a point equivalent to a value of $10.00 (integrated calendar spread: 0.02 of a point equivalent to a value of $2.00).
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Contract Months:
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Four months in the quarterly cycle, March, June, September, and December.
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Last Trading Day:
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The final settlement day shall be the third Friday of the Delivery Month. If such a day is not a business day the immediate prior business day shall be the last trading day
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Daily Settlement Price:
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The daily settlement price will be recommended by Eurex US at 3:15 p.m. central time, pursuant to the calculation process in its rules.
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Final Settlement Price
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The final settlement price is based on the opening prices of the component stocks on the final settlement day as reported by the Frank Russell Company.
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Trading Hours
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7:00 p.m. to 4:00 p.m central time.
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Should you have any questions, please call or e-mail one of the following Client Services and Support Representatives:
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