- Sep
- 18
- 2008
- 12:31 PM
Quarterly Expiration Plus S&P Rebalance Takes Place Tomorrow
- By: Ray Pellecchia
- File Under: NYSE, NYSE Arca, Options
Just a reminder, the quarterly expiration of stock and index options and futures takes place tomorrow, 19 Sept. Plus, after the close, Standard & Poor's will conduct a quarterly share rebalancing of its S&P 500, MidCap 400, SmallCap 600 and REIT Composite Indices. Here is the NYSE Information Memo that describes related procedures.
Hope the market is treating you a bit better today. Some historical trivia for your Thursday afternoon:
Today in NYSE History (NYSE.com)
18 Sept. 1873 -- The brokerage firm Jay Cooke & Co. went bankrupt, setting off the Panic of 1873.
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