NASDAQ OMX Derivatives Markets introduces Closing Call auctions for futures on the OMXC20 index. The preliminary launch date is set to May 25th 2009. The definitive launch date will be announced through an Exchange notice in the first half of May.
- Trading in futures ends with a Call Auction after the ordinary trading hours.
- Call auctions are executed for all futures per Index at the same time.
- Call auction is formed with two sub phases; Call Interaction and Uncross.
For further information, please see the attached file.
