October 26, 2022Advisory Notice A22-013

Update - Modification of the delivery period of the 30-Year Government of Canada Bond Futures (LGB)

Pursuant to Advisory Notice A22-006 and in relation to Circular 124-22, the Montréal Exchange wishes to inform its participants that it will resume order entry and trading on the LGB contracts expiring in March 2023 (H23), June 2023 (M23) and September 2023 (U23) and related strategies, effective on October 26, 2022, after market close. There will be no impact on the December 2022 (Z22) contract.

 

Details about the updated LGB delivery period applicable to the March 2023 (H23), June 2023 (M23) and September 2023 (U23) contracts are available in Circular 124-22. A summary of the LGB delivery standards modifications is provided in the table below:

 

LGB delivery period specificationCurrent (applicable to the December 2022 LGB contract)New (applicable to the March 2023 LGB contract and all subsequent months)
Days where a participant can submit a delivery notice Between the second business day preceding the first business day of the Delivery Month, and the second business day preceding the last business day of the Delivery Month, inclusively. On the last trading day, that is on the seventh business day preceding the last business day of the contract month.

If you have any questions or require additional information, please do not hesitate to contact us at the below coordinates.

 

Regards,

 

Market Operations Department

Futures: 514-871-7871 or 1-888-693-6366

Options: 514-871-7877 or 1-866-576-8836

Email: Monitoring@tmx.com

 

The information contained in this document is for information purposes only and shall not be construed as legally binding. This document is a summary of the product's specifications which are set forth in the Rules of Bourse de Montreal Inc. ("Rules of the Bourse"). While Bourse de Montreal Inc. endeavors to keep this document up to date, it does not guarantee that it is complete or accurate. In the event of discrepancies between the information contained in this document and the Rules of the Bourse, the latter shall prevail. The Rules of the Bourse must be consulted in all cases concerning product's specifications.


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