Commodity Futures Trading Commission Regulation 1.35 (“Records of cash commodity, futures, and options transactions”) and CME, CBOT, NYMEX and COMEX Rule 536.D. (“Customer Type Indicator (CTI) Codes”) require that an accurate customer type indicator code (“CTI Code”) must be submitted for every transaction executed electronically or by open outcry. This Advisory Notice is being issued to remind clearing members of the requirement for the accurate submission of CTI Codes.
Rule 536.D. indicates that it is the responsibility of clearing member firms to ensure that each electronic and open outcry transaction submitted to the Exchanges includes the correct CTI Code. Clearing firms should take steps to ensure that they have processes and procedures in place that result in the accurate submission of CTI Codes. Clearing firms are reminded that failure to transmit accurate CTI Codes in accordance with Rule 536.D. may result in disciplinary action.
Questions regarding this Advisory Notice may be directed to the following individuals in Market Regulation:
CME & CBOT NYMEX & COMEX
Lou Abarcar 312.341.3236 Russell Cloughen 212.299.2880
Terrence Quinn 312.435.3753 Wayne Karnatz 212.299.2913
Betsy Schneider 312.341.3343 Alben Weinstein 212.299.2910
For media inquiries concerning this Advisory Notice, please contact CME Group Corporate Communications at 312.930.3434 or firstname.lastname@example.org.