Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

MEFF Renta Variable Initial Margins and Extended Trading Hours

Date 21/09/1999

At close of market session for next Friday September 24th, the Valuation Interval used to calculate Initial Margins will decrease from 800 to 700 Index points. From September 27th, the trigger for additional intra-day margins (margin call) is set at 550 Index points. Trading Hours will increase 30 minutes from October 11th. The market session will begin at 9:30 am (currently 10:00 am) and close at 17:15 pm.