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. . .