Clearing House Advisory Notices
To | Clearing Member Firms and Back Office Managers
From | Clearing House Department
Subject | New Block and EFP application
Notice Date | 2004-05-27
Notice Number | 04-96
Effective Date |
On June 11th, 2004, we will begin moving processing for "Privately-Negotiated Transactions" -- i.e., Blocks and EFP's -- into the new Front-End Clearing (FEC) application. Specifically, on June 11th, the new application will be used: for CBOT products: Block (Wholesale) trades, and EFP (Exchange for Physical), EFR (Exchange for Risk) and EFS (Exchange for Swap) transactions for CME products: Block trades For the full text of this advisory...