London, 2013-11-22 17:40 CET (GLOBE NEWSWIRE) -- NASDAQ OMX NLX Market Notice: 010-13
Issue Date: 22 November 2013
Effective Date: 22 November 2013
NASDAQ OMX NLX - Notice of Block Trade Threshold for Bond Future Calendar Spread (Quarterly Roll)
Introduction
This Notice serves to advise participants in the NASDAQ OMX NLX (NLX) market of a new Block Trade Threshold that has been created specifically for the Bond Future Calendar Spread.
Bond Future Calendar Spread Block Trade Threshold
NLX has created a specific Block Trade Threshold of 20 lots for the Bond Future Calendar Spread Quarterly Roll, from the front Quarterly Contract to the next Quarterly Contract, in order to promote an orderly rolling of positions from the expiring contract to the next quarterly contract.
Appendix H of the Trading Procedures has been updated to include the new category. An extract of Appendix H of the NLX Trading Procedures (see attachment) shows the addition of the new Block Trade Threshold for Bond Future Quarterly calendar rolls.
For further information in relation to this NASDAQ OMX NLX Market Notice, please contact:
Stuart Deel-Smith:
Tel: +44 (0) 207 065 8051
Email: stuart.deel-smith@nlx.co.uk
Amanda Maundrell:
Tel: +44 (0) 207 065 8047
Email: Amanda.maundrell@nlx.co.uk
Maryna Syrovatka:
Tel: +44 (0) 207 065 8107
Email: Maryna.Syrovatka@nlx.co.uk
