Client Management Advisory Notices
To | Back Office Managers
From | Client Management Operations
Subject | Board Approves Amendments To Rule 543.B. To Allow Limited Exemptions To Position Limits In Live Cattle
Notice Date | 2004-03-09
Notice Number | CMO#0019
Effective Date |
At its Regular Meeting on Wednesday, March 3, 2004, the Board of Directors approved amendments to Rule 543.B. and the Interpretation to Rule 543.B. for limited position limit exemptions to facilitate the orderly liquidation of positions in Live Cattle futures. The proposed amendments would apply only during the five (5) trading days immediately following First Notice Day, and only to spreads of Live Cattle futures or options versus spot month positions in Live Cattle futures. Please view the attached notice for more information. Thank you.