From the 9th of June 2008 will futures contracts on 3 month STIBOR, Stockholm Interbank Offered Rate, be available in NASDAQ OMX external test systems. The STIBOR-futures will be available in both SEOMMC and SEOMMT. The product will be connected to the following technical criteria: Exchange 1 (Sweden), Market 3 (Swedish Bond) and Instrument Group 4 (Futures). The introduction of a new futures contract is a part of NASDAQ OMX strategy to continuously offer new products and services for the Swedish fixed income market. The futures contract is an electronically traded contract with daily cash settlement. The contract base is 3 months STIBOR. The availability of the STIBOR-futures in the test systems is a preparation of a possible launch in September 2008. The launch date will be presented later in an exchange notice.
IT - STIBOR-futures is from June 9th 2008 available in the external test systems (48/08)
| Source: Derivatives