Welcome to NASDAQtrader.com for Options and Futures

Wednesday, February 05, 2020

Futures Trader Alert #2020 - 10
Notice for Power Migration Preparation

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

 

As detailed in Futures Trader Alert #2020-7, issued on January 27, 2020, all power futures and options on futures block transactions that are executed during the February 6, 2020 session are part of the NFX to Nodal Exchange power migration.

To ensure that all closing NFX transactions flow smoothly, NFX will be disabling risk limits after the open on Wednesday, February 5th, for Thursday, February 6th's Trade Date, to prevent any closing NFX matching session trades from being rejected due to risk limit breaches. Following the input of all closing NFX matching sessions transactions, NFX will re-enable risk limits.

By participating in the matching session on February 6th, you are consenting to allow the NFX Facilitation Desk (MPID: NFXX) to enter all closing transactions on your behalf.

For a detailed description of the power migration, please refer to Futures Trader Alert #2020-7.

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.