Suspension of Trading and Delisting of Rubber Market At C-Com
The number of the Rubber Market members is to be no more than 10 as of May 12, 2010, and this triggers a closure of the Rubber Market (pursuant to the provisions of Article 70 of the Commodity Exchange Law).
Further to the announcement dated January 27, 2010 (please click here), effective from May 13, 2010, the trading of RSS3 is to be suspended and delisted in the following way.
1. For the contract months without any outstanding open interests as at the close of business today, April 15, 2010 (July, August and September 2010 contract months)
Trading is to be suspended effective from April 16.
2. For the contract months with outstanding open interests as at the close of business today, April 15, 2010 (April, May and June 2010 contract months)
(1) Up till May 12, 2010
The contracts are to be normally traded, but the trading is to be suspended from the business day immediately following the day when no open interests are outstanding at the close of the business.
(2) From May 13, 2010
No trading is to be allowed except only for the contracts to offset the outstanding open interests and/or relating to