• Simultaneous Buy and Sell Orders for Different Beneficial Owners; Trading Against Customers' Orders Prohibited

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • CME Group RA1617-5
      • Notice Date
      • 13 December 2016
      • Effective Date
      • 03 January 2017
    • This Advisory Notice supersedes CME Group Market Regulation Advisory Notice RA1501-5 from January 23, 2015. It is being issued to reflect revisions to NYMEX and COMEX Rule 533 (“Simultaneous Buy and Sell Orders for Different Beneficial Owners”) and Rule 531 (“Trading Against Customers’ Orders Prohibited”) that will become effective on January 3, 2017, in connection with the December 30, 2016, termination of open outcry trading in NYMEX and COMEX products and the closure of the NYMEX and COMEX trading floor. CME and CBOT Rules 533 and 531 have not been revised.

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