From 5.00pm on Wednesday 8 March 2006 (Trade Date 9 March 2006) half basis point trading will be permitted in the 3 Year Treasury Bond Futures contract in the lead up to the March expiry. During this time half basis point trading will be permitted in the spot and next month 3 Year Bond Futures contracts as well through intra- and inter-commodity spreads and in permitted strategies in the Custom Market.
The minimum price increment will revert back to 1 basis point from 5.00pm on Wednesday 15 March 2006 (Trade Date 16 March 2006).
For further information refer to SFE Notice 131/05 (Improvements to the Bond Roll and Half Basis Point Pricing in 3 Year Treasury Bond Futures).
