In response to customer demand, CME will increase
its order quantity limit on all electronically traded equity index
futures contracts listed on CME® Globex®. The maximum order size
will be increased from 400 to 1,500 contracts for E-mini(TM) S&P
500® and E-mini NASDAQ-100© futures contracts. The order quantity
on all other stock index futures will be increased from 400 to 500
contracts. Additionally, the maximum order quantity on calendar
spreads will be increased from 1,000 to 5,000 on all electronically
traded equity futures contracts.
|
Market |
Futures Order
Entry Quantity Restriction |
Futures
Calendar Spread Order Entry Quantity Restriction |
|
E-mini S&P 500
and E-mini NASDAQ-100 Futures |
1,500 |
5,000 |
|
All Other
Stock Index Futures |
500 |
5,000 |
**Note: Order size increases do not apply to
CME’s non-traditional TRAKRSTM futures products.
The change in the maximum order size for both the
outright and spread markets will allow markets participants a more
efficient way to execute their larger sized orders.This change will
become effective January 9, 2005.
In addition, CME will eliminate displaying the
opposite side’s User ID on a post- trade basis. The changes to the
order quantity and eliminating the post user ID for equity products
will become effective January 9, 2005.
If you have any questions regarding this, please
call CME Equity Index Products at 312-930-8233.