NOTICE OF SUMMARY ACTION

FILE NO.:

CBOT DQA-24-1558

MEMBER FIRM:

Marex Capital Market Inc.

CBT 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 June 2024, Marex Capital Markets Inc. inaccurately reported long positions eligible for delivery in the June 2024 Soybean Oil Futures contract.

PENALTY:

On July 24, 2024, pursuant to Rule 512, a fine in the amount of $4,000 was assessed against Marex Capital Markets Inc. for its violations of Rule 807.

EFFECTIVE DATE:

August 13, 2024