[RT] FUTR: Early CME Index Closings

[I4Lothian@xxxxxxx]

PLEASE BE ADVISED.....

All CME Stock Index Futures & Options will close Friday, March 31st at 3:05 
p.m. CST.  This includes both Pit traded (S&P, Nasdaq, Russell, MidCap, 
Nikkei) and Electronically traded (E-Mini S&P, E-Mini Nasdaq) Contracts.  The 
reason for the early close is so that the exchange can get fair value 
settlement in line with the underlying stocks.  This will allow the exchange 
to set the equity index price limits for the next quarter more accurately.  
We anticipate this will continue to be the case for the Last Business Day of 
each Quarter.


***** I am not sure I understand the logic of this, but this is the word we 
received.

Regards,

John J. Lothian

Disclosure: Futures trading involves financial risk, lots of it!