Effective Monday, February 22, 2016, and pending all relevant CFTC review periods, CME, CBOT, NYMEX and COMEX (collectively, the “Exchanges”) will adopt an amendment to Rule 553 (“Average Price System”) to clarify that Exchange Clearing Member Firms that internally calculate average prices pursuant to the Rule must transmit those prices back to CME Clearing.
Please click HERE to view the full advisory.
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.