ASX New Product Addition - LT
ASX is launching a new product on August 9 for live trading. ASX will be listing the new AUD 20 Year Government Bond Futures contract with an increased face value of $65,000 under the contract code, LT. This contract replaces the existing 20 Year Bond Futures XX contract. No new XX contracts will be listed beyond the current December 2018 expiry (XXZ8). To move positions from the existing XX contract to the new LT contract, participants and end users can use one of the two available inter-commodity spreads. These inter-commodity spreads allow participants to migrate positions on market at a net price, without legging risk
To trade these products, apply an updated pMerge file to all SFE Gateways:
Copy the SFE.pmg file to <drive letter>:\tt\config.
Navigate to <drive letter>:\tt\bin.
Double-click pMerge.exe. The Enter Exchange Name window appears.
Specify the exchange name and flavor and click OK. The Open Guardian product table merge file window appears.
Navigate to <drive letter>:\tt\config and select the SFE.pmg file. pMerge will update the existing Guardian Product Table with the correct values. After pMerge completes its tasks, the pMerge status bar displays Finished.
Close the pMerge status bar.
Customers need to set account limits for the LT contracts by contacting ASX before they are able to trade the products.
The above listed steps need to be repeated for each SFE Gateway
After pMerge runs, verify that the Guardian Product Table contains the following values:
Contract: SFE 20 Year Treasury Bond Futures
Product Code: LT
Point Value: 10000