• Update - Basis Trade at Index Close (BTIC) Eligibility, and Expansion of Listing Schedules - Nikkei Stock Average Futures and Yen Denominated Nikkei Stock Average Futures Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-8301RR
      • Notice Date
      • 28 January 2019
      • Effective Date
      • 18 February 2019
    • (This SER supersedes SER 8301 dated January 24, 2019 to advise of the effective date of trade date Tuesday, February 19, 2019.)

      Effective Monday, February 18, 2019, for trade date Tuesday, February 19, 2019, and pending all relevant CFTC regulatory review periods, Chicago Mercantile Exchange Inc. (“CME” or “Exchange”) will amend the Nikkei Stock Average Futures (CME Rulebook Chapter 352; CME Globex Code: NKD; CME ClearPort Code: NK; Clearing Code: NK; BTIC Code: NKT) and Yen Denominated Nikkei Stock Average Futures (CME Rulebook Chapter 352B; CME Globex Code: NIY; CME ClearPort Code: N1; Clearing Code: N1; BTIC: NIT) contracts (the “Contracts”) to permit Basis Trade at Index Close (“BTIC”) trading on the CME Globex electronic trading platform (“CME Globex”) and in submission of block trades for clearing via CME ClearPort.  Additionally, the Exchange will expand the listing schedules of the Contracts for trading on CME Globex and for submission of block trades and Exchanges for Related Position (“EFRP”) transactions for clearing via CME ClearPort.

      Please click here for PDF of SER-8301RR.