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).