• Amendments to CME, CBOT, and NYMEX/COMEX Rule 539.C. (“Pre-Execution Communications Regarding Globex Trades”)

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-8622
      • Notice Date
      • 13 July 2020
      • Effective Date
      • 27 July 2020
    • Effective on trade date Monday, July 27, 2020, and pending all relevant CFTC regulatory review periods, Chicago Mercantile Exchange Inc. (“CME”), The Board of Trade of the City of Chicago, Inc. (“CBOT”), New York Mercantile Exchange, Inc. (“NYMEX”), and Commodity Exchange, Inc. (“COMEX”), (collectively, the “Exchanges”) are adopting amendments to Rule 539.C. (“Pre-Execution Communications Regarding Globex Trades”) to incorporate a volume component into the CME Globex electronic trading platform (“CME Globex”) matching algorithm for the Committed Cross (“C-Cross”).

      Click HERE to view the full advisory.