Clearing House Advisory Notices
To | Clearing Member Firms
From | Clearing House Department
Subject | Electronic SLEDS Leg Pricing at Account Level and Allowing Changes to Pit SLEDS
Notice Date | 2006-12-05
Notice Number | 06-295
Effective Date | 2007-02-05
On February 5, 2007, two important enhancements will be introduced for processing of SLEDS. The first enhancement pertains to electronically-executed calendar spread trades, and will allow users to specify for each order routed to e-cbot or Globex whether leg prices should be engine-assigned or based upon the previous-day's settlement prices. The second enhancement pertains to pit-executed spreads, and will allow users to submit or change front leg prices at any valid tick, regardless of match status. For the full text of this advisory. . .