officials, an alleged or apparent error in the Index due to any alleged or appar-
ent error in the weighting of the price for any constituent stock of the Index
first made since the publication of the closing Index figure on the last busi-
ness day prior to the Last Trading Day, then exchange officials shall promptly
investigate such alleged or apparent error. If in their opinion an error has been
made, the Exchange shall as soon as reasonably practicable publish a correc-
tion to the Index and the EDSP shall be calculated using Index figures as so
corrected. Save as allowed by term 6.02, no correction to the Index shall be
made in respect of any error notified to exchange officials or coming to their
attention after the time so specified in the Administrative Procedures.
6.02 If, not later than thirty minutes after the provisional EDSP for a particular
delivery month is first published, any member of the Exchange notifies
exchange officials of, or there otherwise come to the attention of exchange offi-
cials, an alleged or apparent error in the Index due to any cause whatsoever
other than an error in the weighting of the price for any constituent stock of the
Index, then exchange officials shall investigate such alleged or apparent error.
If in their opinion an error has been made, they shall correct any Index figures
affected thereby which have been or will be used to calculate the EDSP for that
delivery month and shall calculate or re-calculate (as the case may be) the
EDSP in accordance therewith. No correction of Index figures or recalculation
of the EDSP shall be made in respect of any error notified to exchange officials
or coming to their attention after the expiry of such thirty minute period.
6.03 No correction to the Index or re-calculation of the EDSP shall be made
other than as may be allowed for in term 6.01 and 6.02.
6.04 Neither the Exchange nor exchange officials shall have any liability
whatsoever in respect of any decision as to whether or not to correct
Index figures or as to the amount of any correction, or as to whether or not
to re-calculate the EDSP.
7. Emergency Provisions
7.01 If, at any time after the close of trading two business days prior to the
day which would have been the Last Trading Day in respect of a delivery
month, it becomes known to the Exchange that on the day which would have
been the Last Trading Day either or both of the market and the Stock
Exchange will not be open for business, then the business day next following
such day shall become the Last Trading Day in respect of that delivery
month and the Exchange shall post a notice to that effect in the market.
7.02 If, after the commencement of trading on the Last Trading Day in
respect of a delivery month, either or both of the market and the Stock
Exchange closes for business or FTSE International for any reason does not
calculate or does not publish or ceases to publish the Index or for any rea-
son the Exchange does not display the Index figure in the market, with the
effect that trading in Contracts for that delivery month is, in the opinion of
206 Euronext.liffe equity index future contract specification