Friday's session brought "triple witching," a quarterly occurrence when investors face simultaneous expiration of contracts for stock index futures, index options and stock options.
Volatility is likely to continue Friday because of what is known as quadruple witching — the simultaneous expiration of contracts for stock-index futures, stock-index options, stock options and single-stock futures.
The emergence of new vendors is mainly about (1) recognizing the new business opportunities afforded by the evolution of jurisdictions' voting methods (e.g. Colorado's move to vote centers) and (2) witnessing the end of life for existing equipment and the expiration of contracts, which produces potential clients for the first time in years.
A routine operatic conflict, from all appearances, but when all was said and done, it was determined that Mr. Puhlmann, who became intendant in 2006, would not stay beyond the expiration of his contract; subsequently, Mr. Honeck announced that he would not renew his contract as music director.
Any such "shortfalls" in Years 1 and 2 of the new C.B.A. will be computed as a percentage reduction off of the player's stated contractual compensation, and will be repaid to the player as a deferred compensation benefit spread over the remaining future years of the his contract (or if he has no remaining years, in the year following the expiration of his contract).
But, a lawyer for El Paso, William S. Scherman, said the expiration of the contract has not affected prices.
The trouble began in April, with the expiration of its contract with the Air Line Pilots Association.
Jack Rosenthal, the foundation's president, will continue through the expiration of his contract at the end of the year.
Beeston is leaving his position, if he has not already, at the expiration of his contract March 31.
Russo and his agent, Sandy Montag, had been negotiating a possible extension beyond the March expiration of his contract.
The expiration of his contract granted the Heat enough salary flexibility to help land LeBron James and Chris Bosh last summer.
