Trading Symbol: MKT

Settlement Symbol: MKX

Exercise Style: European

Position Limits: 25,000 Contracts

Trading Hours: 9:30 a.m. to 4:15 p.m. ET

Last Trading Day: Thursday before the third Friday o the expiration month.

Expiration Cycle: Three months from the March, June, September, December cycle plus two additional near months.

Expiration: Saturday following the third Friday of the expiration month.

Settlement: Cash

Settlement Value: Based upon the opening prices of the component stocks on the last day (usually Friday) prior to expiration. Settlement value is disseminated as MKX.

Sector Index: $100 Multiplier

Sector Index Value: Total Capitalization of Sector Index

Calculation: Base Market Divisor

Strike Price: 5 point Intervals

Exercise Price : One point = $100. Thus, a premium quote of 2 = $200.

Quotations: The minimum change in a premium under 3 is 1/16 and the minimum change in a premium of 3 or greater is 1/8.

Specialist: G-Bar Limited Partnership

Issuer & Guarantor: The Options Clearing Corporation (OCC)