• Transition of CME Spot Market Cheese from Open Outcry to Electronic Trading and Amendments to Various Spot Market Rules

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7925
      • Notice Date
      • 20 June 2017
      • Effective Date
      • 25 June 2017

    • Effective Sunday, June 25, 2017 for trade date Monday, June 26, 2017, Chicago Mercantile Exchange Inc. (“CME” or “Exchange”) will transition the Cheese (Block - KB and Barrel - RB) spot call market from open outcry to the CME Direct Auction electronic platform. The electronic trading hours for Cheese (Block - KB and Barrel - RB) spot contracts will be 11:00 a.m. – 11:10 a.m. CST.    

      Questions regarding the Rulebook portion of this Special Executive Report may be directed to Erin Middleton, Lead Rules & Regulatory Outreach Specialist at 312-341-3268 Erin.Middleton@cmegroup.com, Robert Sniegowski, Executive Director, Rules & Regulatory Outreach at 312-341-5991, Robert.Sniegowski@cmegroup.com. All other questions may be directed to Candice Lucas, Director, Agriculture Commodity Business Line Management, at 312-930-3365 or Candice.Lucas@cmegroup.com or Charles Piszczor, Director, Commodity Research & Product Development, at 312-930-4536 or Charles.Piszczor@cmegroup.com.

      Please click here for PDF of SER-7925. 

      Transition of CME Spot Market Cheese from Open Outcry to Electronic Trading and Amendments to Various Spot Market Rules

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