Introduction to Rule 539: Crossing Protocols and the New Committed Cross

Watch Dave Reif, executive director, interest rate products, and Bob Sniegowski, executive director, rules and regulatory outreach, discuss pre-execution (pre-ex) communications and cross alternatives for futures and options traded on CME Globex.

Webinar topics include:

  • Pre-ex communications and how they relate to CME Globex trades
  • Summary of cross types across different asset classes, futures and options
  • An in-depth overview of the Committed Cross, the newest cross protocol for Interest Rate, FX and Equity options

View more information about the new Committed Cross Protocol.

View this presentation in PDF format.

View Presentation

*At minute 3:40 of the webinar (slide 3) there was an error in naming the time periods where R-Cross can be utilized in CBOT Agricultural options. The downloadable version of the presentation above reflects the correct rules that R-Cross is prohibited in CBOT Grain and Oilseed options between the hours of 7:45 a.m to 7:00 p.m. CST.

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