Rulebook Harmonization
Rulebook Harmonization


In the interest of providing a common regulatory framework for market users, CME Group has harmonized, to the extent possible, the CME and CBOT Rulebooks. Please review the "CME and CBOT Rulebook Harmonization" memorandum memorandum which provides an overview of the harmonization project, the general timeline for implementation of the rule changes and a chapter-by-chapter description of the most significant changes being made to the rules. The initial group of changes became effective on November 29, 2007.

To access the current versions of the rules, please go to the online rulebook section of the CME and CBOT websites using the following links:
CME Rules: http://rulebook.cme.com/
CBOT Rules: http://www.cbot.com/cbot/pub/page/0,3181,931,00.html

Additionally, in order to obtain information on member solicitation privileges on the combined trading floor, please review Special Executive Report S-4665.

For a copy of the slide presentation used during the briefings on the harmonization project held in Chicago on October 29 and in New York on November 1, please review the CME and CBOT Rulebook Harmonization Briefing.

In connection with the initial implementation of the harmonized CME and CBOT Rulebooks on November 29, 2007, Market Regulation has issued several new Market Regulation Advisory Notices which appear below. The Advisory Numbers for CBOT-only Notices will begin with CBOT and end in -1, CME-only Notices will begin with CME and end in -2 and Joint CME and CBOT Notices will begin with CME & CBOT and end in -3.

For information on amendments to CME Rules 588 and 622 and the adoption of CBOT Rules 588 and 622 in connection with the migration of CBOT products to CME Globex becoming effective on January 13, 2008, please review Special Executive Report S-4660.

To view related Special Executive Reports (SERs), please visit the CME Group Rule Changes page.

Joint CME & CBOT Market Regulation Advisory Notices

RA0701-3 - Disciplinary Committee Structure
RA0702-3 - Trading and Conduct Infractions
RA0703-3 - Simultaneous Buy and Sells
RA0704-3 - Disclosing Orders Prohibited
RA0705-3 - Wash Sales Prohibited and FAQ
RA0706-3 - Enforcement of Position Limits
RA0707-3 - Giving and Receiving of Gratuities
RA0708-3 - EFRPs and FAQ (Superseded by RA0809-3)
RA0801-3 - Daily Submission of Large Trader Data
RA0802-3 - Post Close Session
RA0803-3 - Quotation Changes
RA0804-3 - Outtrades, Errors and Mishandling of Orders
RA0805-3 - Computerized Trade Reconstruction (“CTR”) Monthly Edit Programs
RA0806-3 - Computerized Trade Reconstruction (“CTR”) Clearing Member Back Office Audit Enforcement Program Programs
RA0807-3 - Order Entry on the Consolidated Trading Floor
RA0808-3 - Trading Floor Consolidation Rule Changes
RA0809-3 - Exchange of Futures for Related Positions and FAQ
RA0810-3 - Identification and Registration of Globex Operator IDs (Tag 50 IDs)
RA0811-3 - Use of Wireless LAN Equipment on the Trading Floors
RA0812-3 - Options Price Reporting
RA0813-3 - Concurrent Long and Short Positions
RA0814-3 - All-Or-None Transactions (Reminder)

CBOT Market Regulation Advisory Notices

RA0701-1 - Cabinet Transactions in Option Products
RA0702-1 - Treasury Position Limits
RA0801-1 -  Interest Rate Block Trades
RA0802-1 -  Pre-Execution Communications Prohibited
RA0803-1 -  CBOT Agricultural Price Limits (Superseded by SER S-4688)
RA0804-1 -  CBOT Agricultural Price Limits (Superseded by SER S-4688) 
RA0805-1 -  Wheat Futures Closing Range Time Period

  RA0806-1 - Trading Locations of Intermarket Spreads
  RA0807-1 -   Treasury Position Limits
  RA0808-1 -   Settlement Prices in CBOT Agricultural Futures
  RA0809-1 -  Spot Month Speculative Position Limit in May 2008 Wheat Futures 
  RA0810-1 -  Position Limits in Treasury Futures During Last Ten Trading Days 
  RA0811-1 -  Settlement Procedures in CBOT Agricultural Futures 
  RA0812-1 (Reissue) -  Open Outcry Trading of Treasury and Swap Futures  
  RA0813-1 -  Position Limits in Treasury Futures During Last Ten Trading Days  

CME Market Regulation Advisory Notices
 RA0801-2 -  Pre-Execution Communications in CME Products (Superseded by RA0802-2)
 RA0802-2 -  Pre-Execution Communications in CME Products
 RA0803-2 -  Covered Trades Involving Quarter Tick Eligible Months in CME Eurodollar Options

CME Marked Documents - pdf

CME Chapter 1
CME Chapter 2
Arrow CME Chapter 3
Arrow CME Chapter 4
Arrow CME Chapter 5
Arrow CME Chapter 5 - Interpretation
Arrow CME Chapter 6
Arrow CME Chapter 7
Arrow CME Chapter 8
Arrow CME Chapter 9

CBOT Marked Documents - pdf

CBOT Chapter 1
CBOT Chapter 1 - Interpretation
CBOT Chapter 2
Arrow CBOT Chapter 3
Arrow CBOT Chapter 4
Arrow CBOT Chapter 5
Arrow CBOT Chapter 5 - Interpretation
Arrow CBOT Chapter 5B
Arrow CBOT Chapter 5B - Interpretation
Arrow CBOT Chapter 6
Arrow CBOT Chapter 8
Arrow CBOT Chapter 9

CME Clean Documents - Word

CME Chapter 1 - Index
CME Chapter 1
CME Chapter 2 - Index
CME Chapter 2
CME Chapter 3 - Index
Arrow CME Chapter 3
CME Chapter 4 - Index
Arrow CME Chapter 4
CME Chapter 5 - Index
Arrow CME Chapter 5
Arrow CME Chapter 5 - Interpretation
CME Chapter 6 - Index
Arrow CME Chapter 6
CME Chapter 7 - Index
Arrow CME Chapter 7
CME Chapter 8 - Index
Arrow CME Chapter 8
CME Chapter 9 - Index
Arrow CME Chapter 9

CBOT Clean Documents - Word

CBOT Chapter 1 - Index
CBOT Chapter 1
CBOT Chapter 1 - Interpretation
CBOT Chapter 2 - Index
CBOT Chapter 2
Arrow CBOT Chapter 3 - Index
CBOT Chapter 3
CBOT Chapter 4 - Index
Arrow CBOT Chapter 4
CBOT Chapter 5 - Index
Arrow CBOT Chapter 5
Arrow CBOT Chapter 5 - Interpretation
CBOT Chapter 5B - Index
Arrow CBOT Chapter 5B
Arrow CBOT Chapter 5B - Interpretation
CBOT Chapter 6 - Index
Arrow CBOT Chapter 6
CBOT Chapter 7 - Index
Arrow CBOT Chapter 7
CBOT Chapter 7A - Index
CBOT Chapter 7A
CBOT Chapter 8 - Index
Arrow CBOT Chapter 8
CBOT Chapter 9 - Index
Arrow CBOT Chapter 9

CME Clean Documents - PDF

CME Chapter 1 - Index
CME Chapter 1
CME Chapter 2 - Index
CME Chapter 2
CME Chapter 3 - Index
Arrow CME Chapter 3
CME Chapter 4 - Index
Arrow CME Chapter 4
CME Chapter 5 - Index
Arrow CME Chapter 5
Arrow CME Chapter 5 - Interpretation
CME Chapter 6 - Index
Arrow CME Chapter 6
CME Chapter 7 - Index
Arrow CME Chapter 7
CME Chapter 8 - Index
Arrow CME Chapter 8
CME Chapter 9 - Index
Arrow CME Chapter 9

CBOT Clean Documents - PDF

CBOT Chapter 1 - Index
CBOT Chapter 1
CBOT Chapter 1 - Interpretation
CBOT Chapter 2 - Index
CBOT Chapter 2
Arrow CBOT Chapter 3 - Index
CBOT Chapter 3
CBOT Chapter 4 - Index
Arrow CBOT Chapter 4
CBOT Chapter 5 - Index
Arrow CBOT Chapter 5
Arrow CBOT Chapter 5 - Interpretation
CBOT Chapter 5B - Index
Arrow CBOT Chapter 5B
Arrow CBOT Chapter 5B - Interpretation
CBOT Chapter 6 - Index
Arrow CBOT Chapter 6
CBOT Chapter 7 - Index
Arrow CBOT Chapter 7
Arrow CBOT Chapter 7A - Index
CBOT Chapter 7A
CBOT Chapter 8 - Index
Arrow CBOT Chapter 8
CBOT Chapter 9 - Index
Arrow CBOT Chapter 9
Find a product

CME Group Market Volume
Trade Date 08/28/08 08/26/08
Est.
Electronic
145,186 8,397,352
Est.
Open Outcry
Closed 1,747,184
Est. Clearport Clearing

0

529,964

Est. Totals 145,186 10,674,500

Delayed at least 10 minutes