CIA wrote:
"CHICAGO BOARD OF TRADE TO LAUNCH TRACE IPO OVERSUBSCRIPTION FUTURES CONTRACTS
CHICAGO, IL, Oct 12, 2007
The Chicago Board of Trade (CBOT®) today announced plans to launch electronically-traded Trace IPO Oversubscription (TRACE.OVERS) futures contracts. The futures contracts are scheduled to begin trading on October 15, 2007.
Trace is a Bulgarian infrastructure company which is scheduled to offer shares through initial public offering (IPO) by the end of the year. The shares will be listed on the Bulgarian Stock Exchange (BSE).
The CBOT TRACE.OVERS futures contracts allow buyers to hedge against and speculate on higher oversubscription of the IPO.
The CBOT TRACE.OVERS futures contracts will be traded on the CBOT electronic trading platform from 6:00 p.m. – 4:00 p.m. CT (the following day) under the ticker symbol TO. The CBOT TRACE.OVERS futures will cease trading 1 hour prior to the completion of the Trace IPO process and will settle at the exact oversubcription rate as announced by the IPO manager and at which orders to buy Trace shares will be executed.
CBOT Senior Vice President of Business Development Robert D. Ray said, “Market participants will gain all the benefits of an exchange-traded contract which features complete price transparency, reduction of counterparty risk and actionable pricing."
About the CBOT
As one of the leading global derivative exchanges, the Chicago Board of Trade provides a diverse mix of financial, equity and commodity futures and options-on-futures products. Building on its 159-year history, the CBOT continues to advance into the future using the strength of deep liquidity, market integrity and member-trader expertise. Using superior trading technology in both electronic and open-auction trading platforms, the CBOT provides premier customer service to risk managers and investors worldwide. For more information, visit our website at www.cbot.com.
Както обикновено, не е пропоръка за покупка или продажба на финансови инструменти."
"CHICAGO BOARD OF TRADE TO LAUNCH TRACE IPO OVERSUBSCRIPTION FUTURES CONTRACTS
CHICAGO, IL, Oct 12, 2007
The Chicago Board of Trade (CBOT®) today announced plans to launch electronically-traded Trace IPO Oversubscription (TRACE.OVERS) futures contracts. The futures contracts are scheduled to begin trading on October 15, 2007.
Trace is a Bulgarian infrastructure company which is scheduled to offer shares through initial public offering (IPO) by the end of the year. The shares will be listed on the Bulgarian Stock Exchange (BSE).
The CBOT TRACE.OVERS futures contracts allow buyers to hedge against and speculate on higher oversubscription of the IPO.
The CBOT TRACE.OVERS futures contracts will be traded on the CBOT electronic trading platform from 6:00 p.m. – 4:00 p.m. CT (the following day) under the ticker symbol TO. The CBOT TRACE.OVERS futures will cease trading 1 hour prior to the completion of the Trace IPO process and will settle at the exact oversubcription rate as announced by the IPO manager and at which orders to buy Trace shares will be executed.
CBOT Senior Vice President of Business Development Robert D. Ray said, “Market participants will gain all the benefits of an exchange-traded contract which features complete price transparency, reduction of counterparty risk and actionable pricing."
About the CBOT
As one of the leading global derivative exchanges, the Chicago Board of Trade provides a diverse mix of financial, equity and commodity futures and options-on-futures products. Building on its 159-year history, the CBOT continues to advance into the future using the strength of deep liquidity, market integrity and member-trader expertise. Using superior trading technology in both electronic and open-auction trading platforms, the CBOT provides premier customer service to risk managers and investors worldwide. For more information, visit our website at www.cbot.com.
Както обикновено, не е пропоръка за покупка или продажба на финансови инструменти."
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