Clearing  House Advisory Notices
To Clearing Member Firms, Back Office Managers, Bookkeeping Service and System Providers
From Clearing House Department
Subject Reminder: CBOT Electronically Executed Sled Price Overrides and Two Sided FLEX
Notice Date 2007-01-24
Notice Number 07-18
Effective Date 2007-01-24

On February 5, 2007, important enhancements will be introduced for processing of SLEDS and CBOT FLEX Matching System. The first enhancement pertains to electronically-executed calendar spread trades that are SLEDS eligible, 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. The third enhancement involve changing the CBOT FLEX system from allocate claim model to a two sided matching system.

For the full text of this advisory . . .