[Federal Register Volume 64, Number 42 (Thursday, March 4, 1999)]
[Notices]
[Page 10450]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-5366]


=======================================================================
-----------------------------------------------------------------------

COMMODITY FUTURES TRADING COMMISSION


Applications of the Chicago Mercantile Exchange for Designation 
as a Contract Market in E-Mini Nasdaq 100 Futures and Options

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice of availability of terms and conditions of proposed 
commodity futures and options contract.

-----------------------------------------------------------------------

SUMMARY: The Chicago Mercantile Exchange (CME or Exchange) has applied 
for designation as a contract market in E-Mini Nasdaq 100 futures and 
options. The Acting Director of the Division of Economic Analysis 
(Division) of the Commission, acting pursuant to the authority 
delegated by Commission Regulation 140.96, has determined that 
publication of the proposals for comment is in the public interest, 
will assist the Commission in considering the views of interested 
persons, and is consistent with the purpose of the Commodity Exchange 
Act.

DATES: Comments must be received on or before March 19, 1999.

ADDRESSES: Interested persons should submit their views and comments to 
Jean A. Webb, Secretary, Commodity Futures Trading Commission, Three 
Lafayette Centre, 1155 21st Street, NW., Washington, DC 20581. In 
addition, comments may be sent by facsimile transmission to facsimile 
number (202) 418-5521 or by electronic mail to [email protected]. 
Reference should be made to the CME E-Mini Nasdaq 100 futures and 
option contracts.

FOR FURTHER INFORMATION CONTACT: Please contact Thomas Leahy of the 
Division of Economic Analysis, Commodity Futures Trading Commission, 
Three Lafayette Centre, 1155 21st Street NW., Washington, DC (202) 418-
5278. Facsimile number: (202) 418-5527. Electronic mail: 
[email protected].

SUPPLEMENTARY INFORMATION: There are no substantive issues raised by 
the applications. In this regard, the proposed contracts are 
substantially identical (except for the contract size and the minimum 
price fluctuation) to previously approved contracts based on the Nasdaq 
100 index. In approving the existing Nasdaq 100 index contracts, the 
Commission determined that those contracts satisfied the requirements 
of the Accord. Accordingly, the Division believes that an abbreviated 
15-day comment period is appropriate for the subject applications.
    Copies of the terms and conditions will be available for inspection 
at the Office of the Secretariat, Commodity Futures Trading Commission, 
Three Lafayette Centre, 1155 21st Street NW., Washington, DC 20581. 
Copies of the terms and conditions can be obtained through the Office 
of the Secretariat by mail at the above address or by phone at (202) 
418-5100.
    Other materials submitted by the CME in support of the applications 
for contract market designation may be available upon request pursuant 
to the Freedom of Information Act (5 U.S.C. 552) and the Commission's 
regulations thereunder (17 CFR Part 145 (1997)), except to the extent 
they are entitled to confidential treatment as set forth in 17 CFR 
145.5 and 145.9. Requests for copies of such materials should be made 
to the FOI, Privacy and Sunshine Act Compliance Staff of the Office of 
Secretariat at the Commission's headquarters in accordance with 17 CFR 
145.7 and 145.8.
    Any person interested in submitting written data, views, or 
arguments on the proposed terms and conditions, or with respect to 
other material submitted by the CME, should send such comments to Jean 
A. Webb, Secretary, Commodity Futures Trading Commission, Three 
Lafayette Centre, 1155 21st Street NW., Washington, DC 20581 by the 
specified date.

    Issued in Washington, DC, on February 25, 1999.
John R. Mielke,
Acting Director.
[FR Doc. 99-5366 Filed 3-3-99; 8:45 am]
BILLING CODE 6351-01-M