NOTICE OF SUMMARY ACTION

FILE NO.:

CBOT-RSRH-23-7104-3

MEMBER FIRM:

IRONBEAM, INC.

CBOT RULE VIOLATION:

Rule 807. Open Long Positions During Delivery Month

At such times and in such manner as shall be prescribed by the Manual, clearing members shall submit a complete and accurate record of dates of all open purchases for use in making deliveries.  Clearing members shall be fully responsible for inventories submitted to the Clearing House. This rule shall not apply to trading in options contracts.

FINDINGS:

During the month of November 2023, Ironbeam, Inc. inaccurately reported long positions eligible for delivery in the December 2023 CBT Wheat, KC Wheat, and 10-Yr Treasury Note futures contract.

PENALTY:

On December 13, 2023, pursuant to Rule 512, a fine in the amount of $1,500 was assessed against Ironbeam, Inc. for its violations of Rule 807.

EFFECTIVE DATE:

January 2, 2024