Derivatives: Change of rules regarding erroneous transactions in index futures traded in Euro (69/10)


From 22 June 2010, NASDAQ OMX Derivatives Markets will make an addition to the
rules regarding erroneous transactions. The added rule will be applicable for
index futures traded in Euro, i.e. the new sector index futures and VINX30
index futures. No open Contracts will be affected by the change. 

In section 2A.11.24 of the Rules (determination of Market Maker Spread), the
following text will be added: 
“For index futures traded in Euro the Market Maker spread shall be maximum 1
(one) percent of the Bid-Order price.” 

In section 2A.11.25 of the Rules (Acceptable deviation from bid and ask
prices), the following text will be added: 
“For index futures traded in Euro the acceptable deviation from the bid and ask
prices respectively shall be 1.5 percent and the acceptable Fast Market
deviation from bid and ask prices respectively shall be three (3) percent.” 

The Rules and Regulations of NASDAQ OMX Derivatives Markets will be updated
accordingly. 

For further information, please see the attached file.

Attachments

69_rule change for erroneous transactions in index futures traded in eur.pdf