• Block Trades

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • CME_GROUP_RA1806-5
      • Notice Date
      • 25 May 2018
      • Effective Date
      • 11 June 2018
    • Effective on trade date Monday, June 11, 2018, and pending all relevant CFTC regulatory review periods, this Market Regulation Advisory Notice will supersede CME Group Market Regulation Advisory Notice RA1804-5 from April 20, 2018. It is being issued to amend Section 7 to reflect a change in the reporting requirements for block trades in certain CME and CBOT Equity futures and options on futures during European Trading Hours (“ETH”) (12:00 a.m. – 7:00 a.m. CT) and Asian Trading Hours (“ATH”) (4:00 p.m. – 12:00 a.m. CT). Effective Monday, June 11, 2018, parties must report block trades in the subject Equity futures and options on futures consummated during ETH or ATH within fifteen (15) minutes. This requirement is being amended from a five (5) minute reporting requirement.

      Click HERE for full advisory.