Welcome to NASDAQtrader.com for Options and Futures

Wednesday, January 15, 2020

Futures Trader Alert #2020 - 4
Notice of Risk Limit Adjustments for January 16th Freight Matching Session

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

On Thursday, January 16th, NFX and EEX will be offering a matching session for interested customers to move NFX Dry Bulk Freight open interest to EEX. To ensure that all closing NFX transactions flow smoothly, NFX may be adjusting customer and house risk limits briefly on Thursday, January 16th to a higher threshold that will prevent any closing NFX matching session trades from being rejected due to risk limit breaches. These adjustments will only be made if the existing limits are not high enough to accommodate the movement of the submitted and matched positions for purposes of closing OI on NFX. Following the input of all closing NFX matching sessions transactions on January 16th, NFX will return any adjusted risk limits to levels that were previously set by each FCM.

For additional information, please contact NFX Market Operations or call 215.496.5409.


Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.