London, 2016-08-22 15:49 CEST (GLOBE NEWSWIRE) --
Nasdaq NLX Market Notice: 008-16
Issue Date: 22 August 2016
Effective Date: 5 September 2016
Nasdaq NLX - Notice of Change to Final Settlement Time of Three Month Euribor® Future
This Notice serves to advise participants in the NLX market of a change to the Final Settlement Time of the Three Month Euribor® Future from the current 10am (London time) to 2pm (London time). This change will be effective as from Monday 5th September 2016.
The change arises from the implementation of a Euribor® Intraday Re-fixing Policy by the European Money Markets Institute (EMMI) which allows for subsequent corrective changes to the Euribor® fixings published at 10am London time. In such an instance, a re-fixed Euribor® rate will be published by EMMI no later than 3 pm CET (2 pm London time).
The NLX Three Month Euribor® Future Product Specification will be amended accordingly as from the effective date.
For further information in relation to this Nasdaq NLX Notice, please contact:
Vishal Mewasingh
Tel: +44 (0) 203 753 2125
Email: Vishal.Mewasingh@nlx. co.uk
Nasdaq OMX/NLX
25 Basinghall Street