Clearing House Advisory Notices
To | Firm Trading Desks, Firm Back Offices
From | Clearing House Department
Subject | Handling of Globex Busts and Price-Adjusts Beginning Monday, June 19, 2006
Notice Date | 2006-05-26
Notice Number | 06-134
Effective Date | 2006-06-19
Beginning Monday, June 19, 2006, important changes will be made to the way that busts and price adjusts for Globex trades are handled in Clearing, and how the clearing system feeds this data to firm bookkeeping systems. These changes are made in conjunction with the launch of SLEDS processing for Interest Rate products on that day, and are in response to long-standing firm requests, but they will apply to busts and price-adjusts for all products traded on CME Globex. Please note that busts and adjustments originate only by action of the Globex Control Center (GCC), and can not originate in FEC or the firm's back office. For the full text of this advisory. . .