NOTICE OF SUMMARY ACTION

FILE NO:

CME DQA-21-0711

MEMBER FIRM:

ALTURA MARKETS SV SA

RULE VIOLATION:   

CME 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 April 1, 2021 to June 30, 2021, Altura Markets SV SA violated Rule 536.B.1 by inputting an inaccurate account at order entries.

PENALTY:     

On November 17, 2021, Altura Markets SV SA, pursuant to Rule 512 (“Reporting Infractions”), was issued a $1,000 fine for its violations of Rule 536.B.1.

EFFECTIVE DATE:

December 6, 2021