Nikkei Stock Average Futures Price Limit Offset Levels Revised

Effective on trade date September 23, 2013, a new price limit and trading halt methodology will be in effect for Nikkei Stock Average Futures, Yen Denominated Nikkei Stock Average Futures, and E-mini Yen Denominated Nikkei Stock Average Futures.

 

The Offset Levels for the determination of Nikkei Stock Average futures price limits are revised to the following levels, effective as of the commencement of Electronic Trading Hours (ETH) on Sunday, September 22, 2013, at 5:00 p.m. Chicago time. These offset levels shall be in force until the close of trading on Friday, November 29, 2013. The Price Limit Offset Levels are as follows:  

 

 

Contracts	8% Up and Down Offsets	12% Up and Down Offsets	16% Up and Down Offsets
Nikkei Stock Average Futures	1,100.00	1,650.00	2210.00
Yen Denominated Nikkei Stock Average Futures	1,100.00	1,650.00	2210.00
E-mini Yen Denominated Nikkei Stock Average Futures	1,100.00	1,650.00	2210.00

Exchange Rules call for the Offset Levels to be re-calculated every three months at the end of February, May, August and November preceding the commencement of the next three month period. The three month periods include: March through May; June through August; September through November; and December through February.