• CNX Nifty Price Limits Effective for September 2013

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-6820
      • Notice Date
      • 30 August 2013
      • Effective Date
      • 01 September 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, September 1, 2013, at 5:00 p.m. Chicago time. These limits shall be in force for September 2013. Limits are as follows:
       
      September 2013 CNX Nifty Stock Index Price Limits
       

      Contracts
      10%  up and down
      15%  up and down
      20%  up and down
      E-mini CNX Nifty
      540.00
      810.00
      1,080.00
      E-micro CNX Nifty
      540.00
      810.00
      1,080.00

       
       
       
       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.
       
       
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