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Monday, December 17, 2018

Futures Trader Alert #2018 - 40
NFX Automatic Exercise Update for NFX Calendar One Time Options on NFX PJM Western Hub Real-Time Peak Calendar Year One Time Financial Futures (PMQ)

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

NFX recently changed the exercise provisions for the December 21, 2018 expiration of the NFX Calendar One Time Options on NFX PJM Western Hub Real-Time Peak Calendar Year One Time Financial Futures (PMQ).

The updated Automatic Exercise provision is below:

The Options Clearing Corporation will automatically exercise all options that are in-the-money on behalf of the holder; while all out-of-the-money and at-the-money options will automatically be abandoned.

https://business.nasdaq.com/media//NFX-Calendar-One-Time-Option-on-NFX-PJM-Western-Hub-Real-Time-Peak-Calendar-Year-One-Time-Financial-Futures-(PMQ)_tcm5044-52373.pdf

Trading in the PMQ options will cease at 2:30PM ET on Friday, December 21, 2018 and "post close" transactions will NOT be supported.

For additional information, please contact NFX Market Operations or call 215.496.5409.


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