Clearing House Advisory Notices
To Clearing Member Firms
From Clearing House
Subject Ex-Pit Trades Not Eligible For Mutual Offset
Notice Date 2007-06-07
Notice Number 07-129
Effective Date 2007-06-07

Please be advised that pursuant to the Mutual Offset Agreement between CME and SGX, all privately negotiated (i.e. ex-pit) trades including block and EFP trades reported to the CME as well as Negotiated Large Trades reported to SGX are not eligible for inter-exchange transfer via the Mutual Offset System.   Such privately negotiated trades must remain at the originating exchange which they are reported to.  If you have any questions, please contact Steve Staszak Director, Clearing House Department at 312-930-3189.

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