• Block Trade and EFRP Entry Times

      • To
      • CME ClearPort Customers
      • #
      • 20170731
      • Notice Date
      • 31 July 2017
      • Effective Date
      • 06 August 2017
    • Effective Sunday, August 6 (for trade date Monday August 7):

      Block Trades in CME and CBOT Products

      Block trades may be entered in CME Direct or CME ClearPort from 6:00 p.m. Central Time (CT) through 5:45 p.m. CT each business day. CME Direct and CME ClearPort do not permit the entry of CME and CBOT block trades between 5:45 p.m. CT and 6:00 p.m. CT each business day and at all times on weekends. CME and CBOT block trades negotiated immediately prior to and during the time that block trade entry is not permitted must be entered by 6:05 p.m. CT for products subject to a 5-minute reporting requirement or by 6:15 p.m. CT for products subject to a 15-minute reporting requirement.

      EFRPs in CME and CBOT Products

      EFRPs may be entered in CME Direct or CME ClearPort from 6:00 p.m. CT through 5:45 p.m. CT each business day.  CME Direct and CME ClearPort do not permit the entry of CME and CBOT EFRPs between 5:45 p.m. CT and 6:00 p.m. CT each business day and at all times on weekends.

      Block trades negotiated at any other time during which CME Direct or CME ClearPort are closed must be submitted no later than 5 or 15 minutes after the time CME Direct or CME ClearPort reopens, depending on the reporting requirement for the specific product.

      Block trades may also be reported to the CME ClearPort Facilitation Desk/Global Command Center by calling +1 800 438 8616 in the U.S., +44 20 7623 4747 in Europe, +65 6532 5010 in Asia, or via email at FacDesk@cmegroup.com. Please note that for the Facilitation Desk to submit the trade, the counterparty accounts must be registered with credit limits and product permissions set up in CME Account Manager.

      The Facilitation Desk is closed from 4:30 p.m. CT/5:30 p.m. ET Friday through 5:00 p.m. CT/6:00 p.m. ET Sunday.