The Chairman of the Board of Directors, or one acting in lieu of and with the authority of the Chairman of the Board.
Any type of voice or data communications interface, including but not limited to a computer, headset, trading device, microphone, telephone or camera.
An exchange member who trades for his own account on the Floor of the Exchange and who is registered as a floor trader under the CEA.
A legally binding agreement to buy or sell a commodity or financial instrument at a later date pursuant to the Rules of the Exchange.
The amount required to be deposited with the Clearing House by the clearing member as a guaranty of its obligations to the Clearing House.
The minimum deposit a clearing firm must require from customers for each contract, when an account is new or when the account’s equity falls below minimum maintenance requirements required by the Exchange.
The investigative and hearing committees of the Exchange are the Business Conduct Committee, the Clearing House Risk Committee, the Floor Conduct Committee, the Probable Cause Committee, Hearing Panels of the Board of Directors and such other committees created for this purpose by the Board.
The most current contract month in which delivery may take place in physically delivered contracts or in which cash settlement may take place in cash-settled contracts.
Except as otherwise specifically provided, a notice in writing emailed to or personally served upon the person to be notified, left at his usual place of business during business hours or mailed by U.S. First Class Mail, Certified Mail, Registered Mail or by overnight delivery to his last known place of business or residence.
An individual appointed to an Exchange committee who is entitled to participate in a decision on any matter under consideration by the committee or panel thereof.
An exchange or clearing house that has entered into a business relationship with the Exchange for clearing, order routing or any other business purpose.
It shall include the singular or plural, and individuals, associations, partnerships, corporations and trusts.
Those hours designated for open outcry trading of the relevant product as determined from time to time.
An electronic message disseminated on Globex for the purpose of soliciting bids or offers for specific contract(s) or combinations of contracts.
The official daily closing price of futures and options on futures contracts, as determined in accordance with Rule 813, used by the Clearing House for marking all open positions at the close of the daily settlement cycle.
The change in dollar amount calculated by the Clearing House for clearing members figured to the daily settlement price on the basis of their positions.
A trading day shall mean the hours of trading as determined by the board for each contract starting with the opening of trading and ending with the close of trading for such contract.
A trading session will mean either the pit trading session (the hours designated for open outcry trading for a product) and/or the Globex session (the hours on a particular trading day when a product can be traded on Globex).