• Reminder: Indicative Opening Enhancements and Rule 575 (Disruptive Practices Prohibited)

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation
      • #
      • SER-7815
      • Notice Date
      • 02 December 2016
      • Effective Date
      • 04 December 2016
    • As previously announced, effective Sunday, December 4, 2016, for trade date Monday, December 5, 2016, CME Group will introduce an enhancement to the Globex pre-open to provide market participants with an Indicative Opening Quantity (“IOQ”). The IOQ will represent the probable aggregated quantity of all orders that would be matched on the open if the market were to open at the corresponding indicative opening price (“IOP”).  Please see the Indicative Opening Enhancements section of the CME Group Client Systems Wiki below:

      http://www.cmegroup.com/confluence/display/EPICSANDBOX/Indicative+Opening+Enhancements

      Click HERE for full advisory.