6th September 2010
Exchange Notice
Fixed Income Derivatives
NASDAQ OMX moves launch date for CIBOR future contracts to 4th
October 2010
During the process of establishing a cleared market for the CIBOR future
contracts we have seen great interest from Danish and international members. As
a consequence we have chosen to postpone the launch date to ensure that as many
members as possible will be ready for clearing from day one.
Futures contract; based on the 3 month CIBOR will then be available for clearing
for members of NASDAQ OMX Derivatives Markets as of October 4, 2010.
The introduction of the futures contracts is part of NASDAQ OMX´s strategy to
continuously offer new products and services for the Nordic 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
reported for clearing to NASDAQ OMX Derivatives Markets.
The products will have the following technical criteria:
Exchange 1 (Sweden), Market 4 (Danish Bond) and Instrument Group 11 (Futures
Cash Settled).
There will be an introduction fee holiday from the introduction date the 4th
October 2010 and throughout the month.
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
If you have any questions regarding this Exchange Notice please do not hesitate
to contact Kasper Byrfelt Lund,+ 45 3377 0352 / kalu@nasdaqomx.com or go to the
CIBOR Futures webpage:
http://nordic.nasdaqomxtrader.com/trading/fixedincome/Fixed_Income_Derivatives/-
roducts/CIBOR_Future/ Reuters and Bloomberg codes are also available at this
webpage.
