• Reminder to Market Participants of Continuing Recordkeeping Obligations

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • Emissions 2012-05
      • Notice Date
      • 13 August 2012
      • Effective Date
      • 13 August 2012
    • As previously announced, CME Group Inc. will be migrating all Green Exchange ("GreenX") products to a CME Group Designated Contract Market ("GreenX"), delisting them from GreenX and listing them on NYMEX. This migration will occur on Saturday morning August 25 for business date Monday, August 27. The GreenX DCM license will be vacated on September 6, 2012.

      All market participants are required to continue to comply with all applicable recordkeeping provisions of the GreenX Rulebook for all GreenX transactions both prior and subsequent to the vacation of the DCM license, including the continuing recordkeeping obligations under GreenX Rules 525 and 604.

      In GreenX Advisory Notice # 2012-03 from July 12, all market participants were notified that subsequent to the transfer of GreenX products to NYMEX and vacation of the DCM license, GreenX customers and participants will be subject to NYMEX’s jurisdiction and the NYMEX disciplinary process for violations of GreenX rules that occurred prior to the DCM being vacated. NYMEX is authorized to enforce GreenX rules and able to take disciplinary actions under Chapter 4 of NYMEX rules for any violations of GreenX rules as if the violation had been of NYMEX rules.

      For inquiries, please contact:

      Chief Regulatory Counsel, CME Group
      Christopher K. Bowen
      Tel:  +1 212 299 2200
      E-mail:   christopher.bowen@cmegroup.com