NOTICE OF SUMMARY ACTION

FILE NO.:

NYMEX RSRH-21-6253

MEMBER FIRM:

StoneX Financial Ltd.

NYMEX RULE VIOLATION:

526.F. BLOCK TRADES

Unless otherwise agreed to by the principal counterparties to the block trade, the seller, or, in the case of a brokered transaction, the broker handling the block trade, must ensure that each block trade is reported to the Exchange within the time period and in the manner specified by the Exchange. The report must include the contract, contract month, price, quantity of the transaction, the respective clearing members, the time of execution, and, for options, strike price, put or call and expiration month. The Exchange shall promptly publish such information separately from the reports of transactions in the regular market.

MRAN RA-2103-5 (in part)

Market participants must accurately report the execution time of the block trade.

FINDINGS:

On 4 occasions in June 2021, StoneX Financial Ltd. did not report a block trade in a timely manner or with an accurate execution time to the Exchange. These block trades were executed in July 2021 and August 2021 NY Harbor ULSD Futures.

PENALTY:

On August 11, 2021, pursuant to Rule 512, a fine in the amount of $1,000 was assessed against StoneX Financial Ltd. for its violation of NYMEX Rule 526, and NYMEX Rule 526.F.

EFFECTIVE DATE:

August 27, 2021