Daylight Savings Adjustment at NYSE Liffe March 15 – 26, 2010
This weekend the U.S. will “spring ahead” to Daylight Savings Time while the time will not change in London and Europe until March 28, 2010. During the three week period from March 15 – March 26, NYSE Liffe announced that the 1:00 a.m. London opening for Euribor futures will correspond to 8:00 p.m. Central Time on the previous day rather than the usual 7:00 p.m. open. All other market openings will also correspond to one hour later than usual in the U.S.

Furthermore, during the same three week period, NYSE Liffe will amend the closing time for Euribor, FTSE 100, CAC 40® and AEX index futures contracts to correspond to the U.S. close of 3:00 p.m. Central Time. All other market closings as well as settlement times will correspond to one hour later than usual in the U.S. For more information, view Notice LON3250  from the exchange.

In summary:
•    Euribor trading hours for March 15 – 26 will be 8:00 p.m. – 3:00 p.m. CT
•    FTSE 100 trading hours for March 15 – 26 will be 3:00 a.m. – 3:00 p.m. CT
•    CAC 40® trading hours for March 15 -26 will be 2:00 a.m. – 3:00 p.m. CT
•    AEX trading hours for March 15 – 26 will be 2:00 a.m. – 3:00 p.m. CT
•    Beginning Monday, March 29, Euribor, FTSE 100, AEX and CAC 40® index futures will return to their     regular trading schedules in the U.S.

CME Group Delists E-mini Gold, Silver

Effective Friday, March 5, 2010, CME Group delisted the following contract months for E-mini gold and silver futures.

(33 Troy Ounces; 8Q) and E-mini Silver Futures (1,000 Troy Ounces; 6Q).

E-mini Gold Futures (8Q):

• 2011: April, June, August, October, December
• 2012: February, April, June, August, October, December
• 2013: February, April, June, August, October, December
• 2014: February, April, June, August, October, December

E-mini Silver Futures (6Q):

• 2011: March, May, July, September, December
• 2012: March, May, July, September, December
• 2013: March, May, July, September, December
• 2014: March, May, September, December

Investors who wish to trade these metals markets still have access to other full- and mini-sized LIFFE and COMEX metals products. For more information on these products, visit the CME Group and NYSE LIFFE metals areas on the Web.   

CME Group Plans New Volatility Indexes

CME Group  announced it has entered into a seven-year license agreement with the Chicago Board Options Exchange (CBOE) that will allow CME Group to list futures and options on futures for volatility indexes on a variety of asset classes. These contracts will be listed with, and subject to, the rules and regulations of the particular exchange where the products will be traded (CME, CBOT or NYMEX).

Terms of the license agreement between the exchanges include the following:

• CBOE will create, own and calculate the benchmark indexes using its established CBOE Volatility Index® (VIX®) methodology and license use of the indexes to CME Group.
• The benchmark indexes are scheduled to begin publishing data during the third quarter of 2010.
• Prices used in the calculations will originate from CME Group options on futures contracts. The data will use the most active electronically traded front and nearby contracts across commodity and financial products.
• CBOE will be the initial market disseminator of prices for the volatility indexes.  More information here.

Lind-Waldock Clients Can Get Free, Real-time Streaming Data From ICE Futures

Real-time streaming quotes from ICE (US), including the U.S. Dollar Index, are now free to clients of Lind-Waldock. To sign up, go to My Account > Preferences > Edit Account Details > Edit Subscriptions > Edit Data Feeds and check the ICE Futures US Real-Time Data box.