New Block and EFP application

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 11^th, 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...