The Exchange is implementing amendments to its rules which will create one new regular option contract month on the December Cotton No. 2 futures contract and one new regular option contract on the March futures contract. The new option on the December contract month, which will be referred to as the “November” option, will have the December futures contract as its underlying future and will expire on the 3rd Friday of the prior October calendar month. The new option on the March contract month, which will be referred to as the “January” option, will have the March futures contract as its underlying future and will expire on the 3rd Friday of the prior December calendar month.
On January 13, the three new months which will be listed for trading are outlined below:
| Contract | Underlying | Future Expiration Date |
| November 2006 | December 2006 | October 20, 2006 |
| January 2007 | March 2007 | December 15, 2006 |
| November 2007 | December 2007 | October 19, 2007 |
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