NOTICE OF SUMMARY ACTION

FILE NO:

CBOT DQA-21-0640

MEMBER FIRM:

TJM INSTITUTIONAL SERVICES, LLC

RULE VIOLATION:

CBOT RULE 536.B GLOBEX ORDER ENTRY

1.    GENERAL REQUIREMENT

Each Globex Terminal Operator entering orders into Globex shall accurately input for each Application Message all fields required to be populated by the CME iLink® Message Specifications set forth in the CME Group Client Systems Wiki in effect at the time, including, but not limited to the: operator ID; price; quantity; product; expiration month; CTI code; manual order indicator; and account number (except as provided in Section C), and, for options, put or call and strike price…

FINDINGS:

During the period of January 1, 2021 to March 31, 2021, TJM Institutional Services, LLC violated Rule 536.B.1 by submitting incorrect account numbers at order entry.

PENALTY:

On August 11, 2021, TJM Institutional Services, LLC, pursuant to Rule 512 (“Reporting Infractions”), was issued a $1,000 fine for its violation of Rule 536.B.1.

EFFECTIVE DATE:

August 30, 2021