SOURCE: ELX Futures, L.P.

ELX Futures, L.P.

January 11, 2011 09:23 ET

ELX Reduces Minimum Block Trade Levels to 300 Contracts for the 5, 10 and 30 Year U.S. Treasury Futures Contracts Effective Immediately

NEW YORK, NY--(Marketwire - January 11, 2011) - ELX Futures, L.P. (ELX), a leading electronic futures exchange, announced today that it has reduced minimum block trade levels to 300 contracts from 1,000 contracts for the 5, 10, and 30 year U.S. Treasury futures contracts as well as the Ultrabond. The new block trade sizes are effective immediately. The block trade size for the 2-year futures contract remains at 1,000 contracts.

Neal Wolkoff, Chief Executive Officer of ELX Futures, said, "ELX is pleased to revise its minimum block trade threshold to 300 contracts from 1,000 contracts for the 5, 10, 30 year (including Ultrabond) U.S. Treasury futures contracts, which will make it more appealing for market participants to trade on ELX and give them the benefits that come with a reduced minimum level for block trades. ELX will continue to implement new initiatives to attract participants to our markets and foster competition."

About ELX Futures
ELX Futures, L.P. is a fully electronic exchange founded by leading global financial institutions with the goal of bringing the benefits of cost-efficiency, liquidity, market continuity and enhanced speed to all market participants. For information and news about ELX, visit www.elxfutures.com or email us at info@elxfutures.com. Clearing services are provided by the Options Clearing Corporation (OCC), a AAA rated clearing organization and the world's largest derivative clearing organization. For information on OCC financial safeguards, visit www.optionsclearing.com/components/docs/about/occ_financial_guarantee.pdf. ELX market data is available through Bloomberg, Thomson Reuters, CQG and BGCantor Market Data.

Via Bloomberg
For real-time access on Bloomberg, type ELX < GO >
Via Thomson Reuters
For real-time access on 3000xtra, type ELX/FUTEX1
Via CQG
For information on how to connect via CQG, email: websales@cqg.com
Via BGCantor Direct Feed
For information on how to connect via BGCantor Direct Feed, email: marketdata@bgcantor.com.

Contact Information

  • Media Contact:
    Mary Chung
    ELX Futures, L.P.
    (212) 294-7734
    Email Contact