Lumber Futures and Options Pre-Execution Contact Directory

What are Pre-Execution Communications?

Pre-execution communications are communications between market participants for the purpose of discerning interest in the execution of a transaction prior to the exposure of the order to the market.

Any communication that involves discussion of the size, side of market or price of an order, or a potentially forthcoming order constitutes a pre-execution communication.

Transactions that result from pre-execution communications must be entered into the competitive venue CME Globex following specific steps based on the product that they are executed in. For a list of the required steps:

View the Market Regulation Advisory Notice.

Contact Us

CME Lumber Team

Key Points

  • Allows market participants to execute trades when market liquidity is not evident
  • Find a counter-party to take the opposite side of a large trade
  • Pre-ex discussions can be used for executing both individual months as well as strips.
  • Interested parties are contacted to determine interest in taking the opposite side of a trade and given information on the price, volume, or direction.
  • If a counter-party is identified for a futures trade, the party that initiated the communication enters the futures trade into Globex. After 5 seconds, the counter-party can enter their side of the trade.
  • Pre-execution rules for options are different. Please reference the Market Regulation Advisory Notice for more details.

Pre-Execution Contacts

Lumber Futures

These firms have agreed to accept calls related to pre-execution futures communications in the markets indicated.

Firm Type

Firm Name

Contact

Phone Number

E-Mail

Nearby Lumber Futures

Deferred Lumber Futures

Broker

INTL FCStone

Deb Maples

(816) 410-3312

deb.maples@fcstone.com

X

X

Broker

Leonard Commodities

Brian Leonard

(888) 800-3543

bvleonard2@leonardcommodities.com

X

X

Broker

TJ&R Trading

Bob Book

(630) 334-0334

bobbook@msn.com

X

X

Broker

Westline Capital Strategies

Greg Kuta

(216) 932-7228

greg@westlinecapital.com

X

X

Commercial

FCTG Structured Products

Craig Hamanishi

(204) 417-6776        

futures@fctg.com

X

X

Commercial

Koch Pulp and Paper Trading

Ashley Boeckholt

(713) 544-5036

ashley.boeckholt@kochind.com                      

X

X

Liquidity Provider

Arb Trading Group Adam Passaglia (312) 605-8436 adpassag@arb-tg.com X  

Liquidity Provider

CSC Arbitrage Group

Stephen Kinde

(612) 330-9119

skinde@csc-world.com

X

X

Liquidity Provider

STX Traders

Mike Wisnefski

(312) 961-4962

irontrader99@yahoo.com

X

X

Liquidity Provider

Traditum Group

Ari Officer

(847) 767-6587

ari.officer@tdmgp.com

X

X

Lumber Options

These firms have agreed to accept calls related to pre-execution options communications in the markets indicated.

Firm Type

Firm Name

Contact

Phone Number

E-Mail

Liquidity Provider

STX Traders

Mike Wisnefski

(312) 961-4962

irontrader99@yahoo.com

Liquidity Provider

Wolverine

Mario Pelini

(312) 884-3753

grains@wolve.com