NOTICE OF SUMMARY ACTION

FILE NO.:

CME DQA-23-1195 

MEMBER FIRM:

BLUE FIRE CAPITAL LLC

RULE VIOLATION:

Rule 576. IDENTIFICATION OF GLOBEX TERMINAL OPERATORS 

Each Globex terminal operator shall be identified to the Exchange, in the manner prescribed by the Exchange, and shall be subject to Exchange rules. If user IDs are required to be registered with the Exchange, it is the duty of the clearing member to ensure that registration is current and accurate at all times. If a new group of persons takes over the duties of the prior group at the shift change time, a separate unique “Team” operator ID is required for messages submitted to Globex during the new shift.

FINDINGS:

During the period of January 1 through March 31, 2023, Blue Fire Capital LLC violated Rule 576 by utilizing Team Operator IDs across shifts. 

PENALTY:

On August 9, 2023, Blue Fire Capital LLC, pursuant to Rule 512 (“Reporting Infractions”), was issued a $2,000 fine for its violations of Rule 576. 

EFFECTIVE DATE:

August 25, 2023