In the interest of maintaining a fair and orderly market, Singapore Exchange Limited (SGX) would like to inform Members and customers that we will expand the SGX Nikkei Futures Contracts (NK, NS, NU) price limits to +/-22% (approximately +/-2000 points). This move will bring our market to be more consistent with the market in Japan. This change is made in accordance with the SGX Contract Specifications which allows the Exchange to vary the Initial and Final Limits from time to time.
This measure will take effect from 9.30 am on 10 October 2008, and will be reviewed after 1 month’s time on 10 November 2008.
The Exchange is reviewing the Price Limits for other contracts and will make the appropriate announcements in due course.
FTSE Mondo Visione Exchanges Index:
Expansion Of Price Limits For SGX Nikkei Contracts
Date 10/10/2008
