Revised Effective Date
In order to ensure that market participants have sufficient time to make any necessary business, system and/or process and procedure changes with respect to the execution of Exchange for Related Position Transactions pursuant to Rule 538, and to avoid any potential market disruptions, CME, CBOT, NYMEX and COMEX are deferring the June 2, 2014, effective date originally communicated on April 14, 2014, in CME Group Market Regulation Advisory Notice RA1311-5
The new effective date will be August 4, 2014. No other changes have been made to Rule 538 or the guidance in the Advisory Notice originally issued on April 14, 2014.
CLICK HERE TO VIEW THE FULL ADVISORY
Register for regular updates here and manage your email preferences.