NASDAQ OMX to launch CIBOR futures contracts on September 13, 2010 Futures contract based on the 3 month CIBOR (CIBOR) will be available for clearing for members of NASDAQ OMX Derivatives Markets as of September 13, 2010. NASDAQ OMX will have a fee holiday on the CIBOR futures from September 13, 2010 to November 1, 2010. The introduction of these futures contracts is part of NASDAQ OMX strategy to continuously offer new products and services for the Fixed Income markets. The futures contracts will be traded in the existing fixed income market structure and will be traded on price with daily cash settlement and thereafter reported for clearing to NASDAQ OMX Derivatives Markets. The products will be connected to the following technical criteria: Exchange 1 (Sweden), Market 4 (Danish Bond) and Instrument Group 11 (Futures Cash Settled). Contract specifications for the CIBOR futures can from September 13, 2010 be found in section 4.27 of NASDAQ OMX Derivatives Markets Rules and Regulations. The following futures contracts will initially be available for clearing: CIBORZ0 SE0003461615 CIBORH1 SE0003461623 CIBORM1 SE0003461631 CIBORU1 SE0003461649 CIBORZ1 SE0003461656 CIBORH2 SE0003461664 CIBORM2 SE0003461672 CIBORU2 SE0003461680 For further information concerning this exchange notice please contact Henrik Jerberyd, telephone +46 8 405 60 00.
NASDAQ OMX to launch CIBOR futures contracts on September 13, 2010 (30/10)
| Source: Fixed Income