[Federal Register Volume 61, Number 187 (Wednesday, September 25, 1996)]
[Notices]
[Page 50280]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-24594]
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COMMODITY FUTURES TRADING COMMISSION
Chicago Mercantile Exchange Proposed Futures and Option Contracts
on the Dow Jones Taiwan Stock Index
AGENCY: Commodity Futures Trading Commission.
ACTION: Notice of availability of the terms and conditions of proposed
commodity futures and futures option contracts.
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SUMMARY: The Chicago Mercantile Exchange (CME or Exchange) originally
applied for designation as a contract market in futures and futures
options on the Taiwan Stock Index. Comment on the proposed contracts
was requested in a Federal Register notice dated June 21, 1996 (61 FR
25636). 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, in this
instance, an additional period for public comment on the CME's amended
proposals in the Dow Jones Taiwan Stock Index is warranted.
DATES: Comments must be received on or before October 10, 1996.
ADDRESSES: Interested persons should submit their views and comments to
Jean A. Webb, Secretary, Commodity Futures Trading Commission, Three
Lafayette Centre, 1155 21st St., NW, Washington, DC 20581. In addition,
comments may be sent by facsimile transmission to facsimile number
(202) 418-5521, or by electronic mail to secretary@cftc.gov. Reference
should be made to the Chicago Mercantile Exchange Dow Jones Taiwan
Stock Index futures and futures option contracts.
FOR FURTHER INFORMATION CONTACT: Please contact Stephen Sherrod of the
Division of Economic Analysis, Commodity Futures Trading Commission,
Three Lafayette Centre, 1155 21st St., NW, Washington, DC 20581,
telephone 202-418-5277. Facsimile number: (202) 418-5527. Electronic
mail: ssherrod@cftc.gov
SUPPLEMENTARY INFORMATION: The Dow Jones Taiwan Stock Index is a
capitalization-weighted index of 113 stocks listed on the Taiwan Stock
Exchange. The index underlying the original application, the Taiwan
Stock Index, is a capitalization-weighted index of 100 stocks listed on
the Taiwan Stock Exchange. The Dow Jones Taiwan Stock Index and the
Taiwan Stock Index have an overlap of 86 stocks; the weight of those 86
stocks in the Dow Jones Taiwan Stock Index is 95.33%, and the weight of
those in the Taiwan Stock Index is 93.50%. Thus, the Dow Jones Taiwan
Stock Index is a close substitute for the Taiwan Stock Index.
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 St., NW, Washington, D.C. 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)
418-5097.
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 (1987)), 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
the 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 materials submitted by the CME, should send such comments to Jean
A. Webb, Secretary, Commodity Futures Trading Commission, Three
Lafayette Centre, 1155 21st St., NW, Washington, DC 20581 by the
specified date.
Issued in Washington, DC, on September 19, 1996.
John R. Mielke,
Acting Director.
[FR Doc. 96-24594 Filed 9-24-96; 8:45 am]
BILLING CODE 6351-01-P
